Australia Politics By Andrew Brown

NSW election: $100k punters unload on Baird

The odds of a Coalition victory at next week’s NSW state election have firmed into the shortest they have been since betting commenced last April.

 

The Mike Baird-led Coalition is now at the skinny odds of $1.03 at WilliamHill.com.au. Australia’s champion racehorse Black Caviar only started at odds that short once in her unbeaten 25-start career.

 

“They are backing Baird as though he’s Black Caviar,” said William Hill’s Andrew Brown.

 

“One punter has placed $100,000 on a Coalition victory, while another punter has had 12 separate bets totalling $170,500 on theparty to win next week.”

 

“More than 96% of the money we are holding in this market is for the Coalition.”

 

Labor has now ballooned to the outside odds of $12 with William Hill. The party was considered a $4 chance eleven months ago.

 

Itis a $2.20 favouriteoption that the Coalition will win between 50-54 seats, or $3.30 for 55-59 seats.

 

For William Hill’s latest markets for the NSW State election visit https://www.williamhill.com.au/elections/7628979/d/nsw-state-election-2015-legislative-assembly

 

 

2015 NSW state election – Winning Party (party of Premier)

Odds from WilliamHill.com.au

Coalition $1.03

Labor $12

 

Coalition – Total seats won

Odds from WilliamHill.com.au

50-54 seats $2.20

55-59 seats $3.30

45-49 seats $5.00

60-64 seats $8.00

40-44 seats $13.00

65+ seats $15.00

39 seats of less $41.00