Howard To Win Yet Lose

Thursday, 1st March, 2007  - Richard Farmer 
The first betting market on the seat of Bennelong since Maxine McKew entered the field for Labor has John Howard favourite to hold his seat even though the odds on the election result overall continue to point to a Labor victory.
The odds at Darwin based Sportingbet.com.au, after taking out the bookmaker’s margin, have a Howard victory in Bennelong a 61% chance with Labor at 35% and any other candidate rated at 4%. For the federal election overall, the Crikey Election Indicator, which now includes odds from Betfair along with Sportingbet, Centrebet and IASBet, has Labor forming government a 51.6% chance to 48.4% for the Coalition.
The Crikey Indicator on the NSW State election continues to show Labor as a very probable winner – 84.3% to 15.7% for the Coalition.

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