Friday, March 19, 2010

Tasmanian election neck and neck

For those following the Tasmanian election, punters have it a tight battle. In such a situation, an upset is usually on the cards - and a likely change of government.

MAJORITY THINK IT'S TIGHT IN TASSIE

Punters are unclear who will win Government in Tasmania but they do seem certain neither party will win with a clear majority.

Sportingbet Australia have posted a market which has neither party winning a majority at $1.22 and a clear verdict as a $4.00 outsider.

Sportingbet Australia CEO Michael Sullivan said there had been good money for Labor and the Liberals in the past 24 hours but the winner was likely to be decided by who could pull off a deal with the Greens to form Government.

“The race is very tight at the moment but the one certainty does appear to be that it will be a minority government,” Sullivan said.

“We currently have market at $1.90 each side but Liberals have been backed from $2.10 to $1.90 in the past 24 hours so they do have the momentum in the lead up to the poll.”

“The market trend is certainly suggesting the Liberals will form a minority Government.”

Sullivan said this was the closest election in betting terms he could remember.

“The money has been split almost exactly 50/50 which is extremely unusual in election betting,” Sullivan said.

“Normally punters have landed clearly on one side or the other by the day before the election but they are truly divided here.”

TASMANIAN STATE ELECTION
Sportingbet Australia Market
Labor 1.90
Liberal 1.90

TASMANIAN STATE ELECTION – MAJORITY GOVERNMENT
Sportingbet Australia Market
No, Majority Government Not Elected 1.22
Yes, Majority Government Elected 4.00

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