Bookies Predict Labor Will Win Next Election Too

Ben H / 24 May 2022

Anthony Albanese and the Labor party justified the favourites’ tag by winning the federal election in Australia. However, they continue to feature prominently in the bookie’s markets. Sportsbet is offering odds of A$1.50 for Labor winning the next election, thus making Anthony Albanese’s party the clear favourites for the next federal election too.

Going for a Back-to-Back Victory

The sports betting provider has the Coalition at odds of A$2.65 and predicts an uphill battle for Scott Morrison’s successor who will be trying to stop Albanese from doing back-to-back wins.

If you think the winner will come from a different party, Sportsbet is offering massive odds of US$51.

Sportsbet’s Sean Ormerod said that even though they were sure that the next election will be “the furthest thing from his mind,” they have made Anthony Albanese their favourite and are predicting a back-to-back victory.

Peter Dutton to Become Next Liberal Leader

Scott Morrison caused quite a stir when he announced that he would be stepping down as the Liberal leader, and that probably affected the odds of the Coalition too.

However, the former Prime Minister said that he would stay in parliament and that he was looking forward to a Liberal Government being elected in three years’ time.

Morrison took responsibility for the defeat and said that taking responsibility is what a leader should do. He claimed that he would hand over the leadership of the party during their next party room meeting, as he felt that was the appropriate thing to do.

The focus will now be on Peter Dutton who is touted as the most likely candidate to replace Morrison as Josh Frydenberg, the Liberal Party Deputy Leader is expected to lose his inner-Melbourne seat of Kooyong.

Long Spells Out of Office Have Become the Thing for Labor

Labor wins the election for the first time in over ten years. The party needed 76 seats to govern, and they won 72. However, the Greens and three independents helped Anthony Albanese’s party to form a government. Labor last won in 2010 when the election actually resulted in a hung parliament. The Liberal Party, on the other hand, triumphed in 2013, 2016, and 2019.

Interestingly, Labor’s 2007 victory also came after a decade in which the party was out of office (since 1996). However, if Sportsbet and other bookies’ markets are anything to go by, Labor won’t have to wait that long this time around.

Read more betting news here.

Looking for a new betting site? Check out our reviews of the Best betting sites in Australia.

Or if you are only interested in sports, we have an excellent list of all the Best Sports Betting Sites.

Take the Quiz to find out which betting site is the best for you.

The verdant surroundings and rustic ambience of Warwick Farm lend a distinct racing charm. While racing takes held on 23 Wednesday afternoons, the Australia Day race meeting in January is the main event. The racecourse is at the centre of a community that ...

The Warrnambool Racecourse is located in the suburb of Warrnambool, in a picturesque valley with great natural viewing platforms. Warrnambool Racecourse is around 260 kilometres from Melbourne’s CBD.

Terang Racing Club, sometimes known as the Flemington of the Bush, has a long and rich history of racing in the southwest. The expansive course was designed by the same person who created the Flemington track. The facilities include a well-kept, vast grandstand with a...

Swan Hill Racecourse is located in the centre of the Murray Region, 340 kilometres from Melbourne.Swan Hill Racecourse June racing festival has earned a name for itself as the best country festival in the state, if not the entire nation. The advice is to book as soon as ...

Sale Racecourse has first-rate facilities, including a wholly climate-controlled Public Bar and Grandstand Bar open on race days.The take pleasure in being a community club that includes our surrounding townships. Because of their family-friendly ambience and specific ...

Ben H
Ben Harris is the Communications Manager for KRUZEY, an AFL expert, and writer. He has one daughter that he loves dearly and four children's books... [Read full bio]

Comments are closed.

Think. Is this a bet you really want to place? Set a deposit limit.

For free and confidential support call 1800 858 858 or visit