MEDIA RELEASE
13 November 2007
OPPOSITION NOW FAVOURITE IN 19 COALITION SEATS –
MORE THAN ENOUGH TO FORM GOVERNMENT
Punters betting with Australia's biggest bookmaker Sportingbet Australia have installed the Opposition as favourite in 19 Coalition held seats, just a week and a half out from polling day.
The Rudd led Opposition needs just 16 seats to form Government.
Sportingbet Australia CEO Michael Sullivan said the Opposition was closing in on favouritism in an additional 4 seats.
"Experience has taught us that the betting public are keen judges of the mood of the electorate," said Mr Sullivan.
"The Opposition has moved into favouritism in the NSW seats of Robertson and Page, La Trobe in Victoria and Herbert in Queensland and is line ball in the Queensland seats of Leichhardt and Petrie and the Victorian seats of McMillan and Corangamite," he said.
"Despite Labor's dominance in the betting stakes, the weight of money wagered since yesterday's Coalition campaign launch has been a fairly even spread," Mr Sullivan said.
"A lead this big, just 11 days from polling day, means that unless the Prime Minister can pull out the biggest rabbit of his career, his tenure in politics is likely to come to an abrupt end." Mr Sullivan said.
The latest odds from Sportingbet Australia rate the Opposition the clear favourite at $1.35 and the Government at $3.20.
AUSTRALIAN FEDERAL ELECTION
Sportingbet Australia Market
Labor $1.35
Coalition $3.20
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