Yikes – Sportsbet’s odds for the Queensland election

Posted by jeffoh

26 Comments

  1. anotherstraydingo on

    It’s pretty common knowledge that the LNP will get in easily and ~~Crisafulli~~ Bleijie will be running the show.

  2. Electrical_You2889 on

    Jesús I mean they are all bad choices, but you would think the top two are on par, they don’t want to solve any real problems just give out handouts to distract us from no housing solutions to combat ingrained inequality

  3. corruptboomerang on

    I’m not saying you should gamble, and I’m not saying I think the ALP will win, but I do feel like they’re highly under valued, those odds do NOT accurately reflect the likelihood of each outcome.

    I’d totally put a cheeky few bucks on the ALP to win.

  4. theswiftmuppet on

    Why is LNP not an option?

    Is it just assumed they won’t be able to govern in their own right?

  5. Betting odds aren’t necessarily reflective of who the bookies predict will win. Whilst the likely outcome is the key factor in the odds, they’re also set so that the bookies ensure a positive return regardless of the outcome. What’s likely is the majority of bets have been placed for an LNP victory. So to limit that exposure the bookies will decrease the payout for that outcome and vice versa for Labor, to effectively entice punters in putting their money on Labor.

  6. I have been completely checked out on politics for a little while, what’s going on, why is the LNP such heavy favourites? Seems like it has all been much of a muchness at the state level.

  7. If Steven Miles loses, I hope in his concession speech he just looks dead in the camera and says “See you in 3 year for my victory speech”

  8. These news polls and bets reflect what their preferred outcome they want. Not what you want or need.

  9. If we end up with LNP or One nation, then I am done believing this country wants to ever progress. Labor may not be that good, but they are still better then LNP and One nation ever will be. Or Katter’s Australian party, as I believe they are like LNP right?

  10. GregoryGregorson1962 on

    Anyone with half a brain saw this coming even before the princess bailed out, all they had going for them was their covid response and now that covid is just a memory its smell ya later.

  11. Betfair Exchange is generally regarded as the “true odds”. They have Labour at 15.5 and any other party at 480. LNP is 1.06.

    I’m not one to doubt the market but never seen such long odds on an incumbent government.

  12. I am over it. It will be Newman v2. And they will all suddenly be victims. Bring it on and fuck it up for all of them. If I were ALP I would just sit back and let them hang themselves. And in the next election do not pool candidates in most seats so the public get another dose of the fuckers.

  13. The wonders of small sample sizes that are not random.

    We don’t know whether they have taken 10 bets, or whether they have taken 10,000 bets.

    I’d venture to say that people who reckon that there will be a change in government are more likely to place bets than those that think there will not be a change.

  14. What am I missing? Im in South Bris and have not been paying attention but Steve Miles has easily earned my vote over Cristafulli. I was saying yesterday I didn’t even think this election was necessary I haven’t heard from the LNP at all, weather on social media or in person. Miles is all in my feed and I get his ads heaps. I didn’t realise LNP even had a chance let alone are strong favourites

  15. BattyMcKickinPunch on

    Unfortunately it looks like alp have no chance of winning which i feel is insane because the lnp have 0 to offer

  16. Yeah, alp is $15 on Betfair (which means there’s actually some person offering those odds to pay out)