|BetWWTS.com has announced updated odds on the outcome of the 2004 Canadian Federal Election. Till a few months the junta were betting on the controlling Liberals. |
However, that appears to have changed. It has quickly become a tight battle between the Conservative and Liberal parties. According to the St. John’s, Antigua-based company, there has been a dramatic shift in the odds on which party will emerge victorious in the June 28 election. With polls indicating that the election could go either way, the operator lists the likelihood of either a Conservative or Liberal Minority controlling the Canadian government at 10/11 odds (i.e., win US$10 for every US$11 bet). When the company opened betting on the election on June 1, a Liberal Minority was the favorite at 3/5 odds followed by a Conservative Minority at 2/1.
BetWWTS.com, which will accept wagers until the Election Day, next week, says the odds that either party emerges from the election with majority control of the government remain somewhat slim, but also demonstrate an increase in support for the Conservatives across the nation.
‘When we first opened wagering on the Canadian Federal Election, the Conservative party had been gaining support across the nation, but the feeling was their momentum would wane. However, this has not been the case with the latest polls indicating a tight race, which will be decided by the vote in Ontario,’ says Simon Noble, CEO of BetWWTS.com.
The site says that although the polls have the Liberals with a slight edge at 34 percent and the Conservatives at 28 percent, with 15 percent of voters undecided, the vote could sway in either parties favor by Election Day.
BetWWTS.com lists the odds of the election resulting in either a Liberal or Conservative Majority government at 6/1 odds. The company originally listed the odds on a Liberal Majority at 3/1 when betting opened, while the odds on a Conservative Majority assuming power were 20/1 on June 1. Bettors can also wager on the election resulting in anything other than a Conservative or Liberal Minority or Majority government at odds of 150/1.