The 2022 Victorian Election betting odds are out, and they are as exciting as you would expect! This will be a close competition between two of the biggest parties in Australian politics. The labor party is on its way to win the election for the third time in a row. On the other hand, a coalition between the Liberals and Nationals may end this streak. Who do you think will win it?
2018 Victorian Election Had a Clear Winner
The 2018 Victorian Election featured a decisive win for the Labor party. Under the leadership of Daniel Andrews, the party was able to win 55 seats, breaking the record for the third-highest seats in history. This means that the Labour party won 62.5% of the total seats in the Victorian Legislative Assembly. In second place came the coalition between the Liberals and Nationals with a total of 27 seats won. Finally, led by Samantha Ratnam, the Green party managed to win only 3 seats. Those numbers show just how powerful the Labor party is, and it seems that they are on track to win again as the 2022 Victorian Election betting odds suggest.
The Labour Party are Favorites in the 2022 Victorian Election Betting Odds
In the last two Victorian Elections, the Labour party has convincingly won. Therefore, early polls are showing that they are on track to win yet again in 2022 especially after the historic win in 2018. Even a coalition between Liberals and Nationals failed to stop them. As a result, online sportsbook sites in Australia have the Labor party open as favorites in their 2022 Victorian election betting odds. For instance, betting odds at 22BET Sportsbook for the Labor party to win again are 1.25. However, it is not as clear as it seems as recent history has shown that the Labour can be defeated.
It Takes a Coalition to Defeat the Labour Party
Since 2002, the Labour party was defeated only once and that happened in 2010 when the Liberals and Nationals formed a coalition. Currently, this is the only way to compete with a party that is as popular as the Labor party. In the 2018 election, the coalition was only able to win 27 seats in comparison to the Labor’s 55. As a result, 1xBET Sportsbook places the coalition as a second favorite in the 2022 Victorian Election betting odds. The odds for them to win most seats for the second time in more than 20 years are 3.74. Finally, you have the option to bet on the Green Party with odds equal to 51.00. However, it is not recommended to bet on them as it is near impossible for them to win.