South Australian election

The power of incumbency can never be under-estimated:

LATE MONEY SAYS RANN TO HOLD POWER

Punters seem convinced Mike Rann and Labor will be returned in South Australia despite the Liberals moving ahead in some polls.

Sportingbet Australia CEO Michael Sullivan said the big money in the 48 hours leading up to election day had all been for the Government who remain $1.42 favourites.

“We had seen a huge swell of support for the Liberals in the last couple of weeks but that has dried up completely as election day nears,” Sullivan said.

“We have taken a couple of bets of $3000 and more of $2000 and $1000 on Labor and this late money suggests they will hold on despite the Liberals closing the gap.

“It looks like Labor still hold enough of a break in the key marginal seats to hold on.”

Isobel Redmond is currently a $2.75 chance at Sportingbet to become South Australia’s first female Premier.

“Isobel Redmond has done an enormous job to put the Liberals back in the race after we bet as much as $5.00 about a Liberal victory last year,” Sullivan said.

“However, punters think she will just fall short of causing a huge upset in unseating Mike Rann who had an approval rating of 80% just last year.”

SOUTH AUSTRALIAN STATE ELECTION
Sportingbet Australia Market
Labor 1.42
Liberal 2.75