$ 130,000 bet on NSW poll
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.