Sportsbet open betting on the number of elections held this year with two paying $17. Outlandish odds of $101 for two elections returning two hung parliaments.
Labor minority government at odds of $13, Coalition minority a $21 chance.
With a Hung Parliament an actual live possibility at odds of $2.75, online bookmaker sportsbet.com.au has opened a raft of markets should that eventuate.
A Coalition majority government is still the most likely outcome at odds of $1.40 but Malcolm Turnbull forming a minority government offers $21.
For Labor, they’re $3.75 for a majority and $13 to form a minority – neither party forming a government and a new election taking place pays $17.
An unthinkable situation of two elections taking place and returning two hung parliaments is offered at odds of $101.
“We’ve not heard hung used in politics as much as this week since Tony Abbott was snapped in his budgie smugglers,’’ said sportsbet.com.au’s Will Byrne.
“The betting still indicates a majority government will be formed and most likely it will be a Coalition one.”
Markets courtesy sportsbet.com.au: Join Sportsbet.com.au Here.
Will there be a hung parliament?
After election there will be:
$17 No government formed – new election
$3.75 Labor Majority
$1.40 Coalition Majority
$13 Labor Minority
$21 Coalition Minority
Two hung parliaments this year?
How many elections this year?
$51 4 or more