Election Market 28 July
Note the narrowing in the last day or so with the Gillard leak, although the tightening is really only from the Coalition down. The Labor Party is very flat. The gap is still very large and nothing to give any heart at all to the Coalition. Interestingly, Paddy Power’s prices went against trend and moved apart to $1.07 (6¢ less than $1.13 two days ago) against $6.00 ($1.00 worse).

This chart is an aggregate of figures from seven betting agencies:
Centrebet, Sportingbet, IASBet, Paddy Power, WBX, LuxBet and BetFair
So what would you do? put $50.00 on Labor at Betfair at 1.32 and ~$10 on the Coalition at Paddy Power at 5/1? Would that be a guaranteed profit? Hardly worth the trouble at the tiny profit when Labor wins?
Technorati Tags: politics, Australian politics, Australian political values, elections, Australian election, federal election, Australia, betting, gambling, betting markets, betting odds, hung parliament, minority government, coalition, Labor, Liberal, National Party
Posted: July 29th, 2010 under Australian Politics, Australian Values, Internet, Sport, politics and government, values.
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