Online bookmaker Sportsbet has made some significant changes to the betting markets on the outcome of the Queensland State Election.
The Liberals have overtaken Labor to win the election, moving from $2.00 into $1.87.
Labor are now out to odds of $1.95 from $1.75.
There is an almost identical 50/50 hold of money on both parties.
A hung parliament is a toss of a coin scenario now, with both yes and no paying $1.90.
“This election is going to go right down to the wire, the Liberals have regained the lead in the betting and a hung parliament is tipping towards favourtism,’’ said sportsbet.com.au’s Will Byrne.
Markets courtesy of sportsbet.com.au
Queensland State Election – Party of Premier
$1.87 Liberal (in from $2.00)
$1.95 Labor (out from $1.75)
$21 One Nation
$1.90 Yes (in from $2.10)
$1.90 No (out from $1.70)