The 47th Parliament of Australia is soon to be decided and we have looked at the best betting markets available at the sportsbooks.
Anything can happen when it’s put to a public vote but leading bookmaker Neds.com.au expects there to be a changing of the guard at the Prime Ministerial level.
It should be an exciting night and there is plenty of money to be made.
Federal Election 2022 Betting Tips
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Next Sworn in Government – Labor
Scott Morrison and his Coalition government are on the ropes and it would take a big comeback effort to continue as the leaders of Australia.
Morrison has largely been an unpopular pick since he got into government after a series of gaffes, which is why bookmakers have Coalition at $2.70 to retain power.
There is much more momentum with Anthony Albanese and the Labor party. It has been steadily improving in the polls and they’re odds-on to take control.
“I’m satisfied I’ve done everything I can to make us competitive at worst, and hopefully have a good outcome on Saturday,” Albanese told 9News.com.au.
Punters get$1.48 for Labor to be sworn in, but it’s worth including in multi bets. We can’t see Morrison and his crew garnering enough vote-day support to turn this one around, so it’s best to go with the favourite.
Bet: Labor @ $1.48
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Next Liberal Leader – Josh Frydenberg
We’re predicting Scott Morrison to be axed as the Liberal leader and there are two main hopes to overtake the current Prime Minister.
Josh Frydenberg and Peter Dutton appear to be the only two hopes of dethroning current leader and we’re picking Frydenberg to get the nod of approval.
He is the current treasurer and deputy leader, so if he avoids the potential downfall of the Liberal exit, he should get the top spot.
Dutton is another strong candidate as the Minister for Defence and Leader of the House, and although he will have support, Frydenberg has the slight edge.
Bet: Josh Frydenberg @ $2
