The odds on Turnbull’s survival

turnbull beting marketThere are dark moments when we can all look back and regret missed opportunities. The start of 2016 AFL season, for example, when bookmakers were quoting 30-to-1 on the Western Bulldogs taking the premiership flag, which they proceeded to do, quite literally, against all odds. Or November 7 of last year, the day before Americans elected Donald Trump, when the odds-makers listed the now-president as a 7-to-1 proposition.

Now there’s another moment for regret, courtesy of Sportsbet’s market on the next party leader to get it in the neck. If you click on the image atop this post, which will make it large enough to read clearly, the current PM is the $1.25 favourite for a soon-ish trip to Centrelink.

Ah, regrets! Remember the mass of adulatory prose heaped on the anti-Abbott as Mr Turnbull wiped the blood from his knife? He was going to PM forever, longer than Menzies, the political flame to which voters would be drawn moth-like until, in his own good time and pace, he would withdraw the light of his brilliance from political life. You could have got 20-to-1 back then on the proposition that he was but another of those standard Canberra fixtures, the intelligent incompetent.

When he does get the chop there is no denying it will be an uplifting moment, but the missed opportunity to have turned a handsome profit on his demise will burn all the same.

For more in the way of interesting wagers on Australian politics, follow the link below to Sportsbet’s odds boards. It is a far better guide to sentiment and likelihood than anything you’re likely to read in the mainstream press, especially if you still subscribe to the view that Mrs Woolcook has even the faintest clue about what goes on in the world around her.

— roger franklin

Read More

Leave a Reply