Punter smacks the Coalition with Big Bet

June 3, 2016

Online bookmaker mobile-sportsbetSportsbet today received the largest bet to date on the election with a $50,150 wager on the Coalition to win at odds of $1.33.

The punter stands to collect $65,195 should Malcolm Turnbull be returned as PM and follows the previous largest bet of $30,000 placed two weeks ago.

Sportsbet has now cut the odds on the Coalition winning the election for the first time since May 18th from $1.30 into $1.28.

The largest bet on Labor is only $1,400 although there has been significantly more individual bets placed on Bill Shorten’s team but their price drifts from $3.50 out to $3.70.

“It’s quite a significant bet so this punter is obviously confident that Malcolm will lead his party to victory on July 2nd,’’ said sportsbet.com.au’s Will Byrne.

Sworn In Government Odds

$1.28 Coalition
$3.70 Labor

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Category: Sports Betting