Labor Long Odds At Sportsbet To Claim An Election Victory

Monday’s Neilsen Poll has shown that the Labor Party face a tough battle to remain in power and the betting market agrees, with Labor priced at $3.65 outsiders to win the Federal Election with online bookmaker sportsbet.com.au.

The Liberals remain firm favourites at $1.26, while the election itself seems certain to take place in the second half of next year, priced at $1.50 to be held between 1st July 2013 and 31st December 2013.

After overcoming Kevin Rudd in the Labor showdown Julia Gillard looks likely to lead her party into the next election, priced at $1.33 to do so. There doesn’t appear to be any challengers for Tony Abbott from the Liberal Party, priced at $1.25 to lead the Liberals into the next election.

“The polls show that the Labor Party may be running out of time and are starting from a long way back if they are to convince voters before the next election,” said sprotsbet.com.au’s Shaun Anderson.

“Today’s poll shows that they are losing out, and that has certainly been reflected in the betting market.”

Markets courtesy of sportsbet.com.au. These promo betting odds are direct from Sportsbet.com.au. Bet with Sportsbet Australia, enjoy these odds and receive a $500 Sportsbet Free Bet. Just use the Sportsbet Promo Code 27110 when joining Sportsbet.

Australia’s next Federal Election Betting

$1.26 Coalition
$3.65 Labor

Coalition Leader at next Federal Election Bwtting

$1.25 Tony Abbott
$4.00 Malcolm Turnbull
$8.00 Joe Hockey
$41 Andrew Robb
$41 Chris Pyne
$41 Scott Morrison
$51 Stuart Robert
$67 Julie Bishop
$101 David Johnston
$201 Wyatt Roy

Labor Leader at next Federal Election Betting

$1.33 Tony Abbott
$5.00 Bill Shorten
$5.50 Stephen Smith
$7.00 Simon Crean
$7.00 Kevin Rudd
$23 Greg Combet
$81 Wayen Swan
$151 Chris Bowen
$251 Nicola Roxon
$251 Peter Garrett
$251 Kate Ellis
$251 Anthony Albanese

Australia’s Federal Election Date Betting

$1.50 1st July 2013 to 31st December 2013
$3.00 1st July 2012 to 31st December 2012
$5.50 1st January to 30th June 2012
$5.50 1st January to 30th June 2013