$ 130,000 bet on NSW poll

Townsville Bulletin - - National Snapshot -

THE odds on the NSW coali­tion win­ning the state elec­tion have short­ened af­ter a $ 130,000 bet was placed. Book­maker Sport­ing­bet says it re­ceived the sin­gle wa­ger yes­ter­day morn­ing to place the coali­tion at $ 1.01 to win, against La­bor at $ 16. ‘‘ This is the short­est odds we have ever seen in our 10 years of run­ning mar­kets on elec­tions,’’ Sport­ing­bet Aus­tralia chief ex­ec­u­tive Michael Sullivan said. ‘‘ If we keep see­ing the money com­ing in at this vol­ume for the coali­tion, we’ll have to do some­thing we have never done be­fore and think about our op­tions re­gard­ing clos­ing the bet­ting mar­ket early,’’ Mr Sullivan said. The elec­tion will be on March 26.

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