Saturday, 2 July 2016

Independents Strengthening In Election Eve Betting

As promised, I have run a final simulation of the Federal election, using the individual lower house electorate betting odds as of this Friday night (1/7).
The most probable seat distribution is now almost evenly split between 79 - 65 - 6 and 78 - 65 - 7. Labor’s chances of forming a majority government is now less than 0.1%, but the chance of a hung parliament is still high: 25% ± 2.5%. Although several seats have firmed in either the Coalition or Labor’s favour, the extra uncertainty around the independents is offsetting this clarity.
Independent (ALP stooge) Rob Oakeshott now looks to be a real problem for the Coalition in the NSW electorate of Cowper. With Cowper now at almost even money, as well as Mayo and Batman, there is a real chance of 7 on the cross benches.
There are 14 lower house seats in which 2 candidates are both paying less than $3 on all sites and thus could be considered genuinely close contests: Cowper, Greenway, Macarthur and Macquarie in NSW, Batman and Chisolm in VIC, Brisbane, Capricornia and Petrie in QLD, Hindmarsh and Mayo in SA, Cowan in WA and Braddon in TAS. Of these, Cowper, Macarthur, Macquarie, Batman, Mayo and Cowan are very close.
This is a slight change from Wednesday night’s run. Greenway has tightened, but Gilmore now looks safer for the Liberals. Brisbane is now close as the ALP have improved and Forde now looks safe for the Liberals, as do Burt and Lyons for the ALP.
PS: Don’t forget to vote for minor parties in the senate before you choose a major (if you choose a major at all). There are plenty of liberal choices: Liberal Democrats, Voluntary Euthanasia, Drug Law Reform, HEMP . It’s hard to tell what the Secular Party and the Science Party / Cyclists Alliance are all about, but I voted for them anyway.