GILLARD HEAVILY BACKED FROM $5.25 TO $3.75 TO BE PM BEFORE THE NATION VOTES.

Tags : Australia, neil evans, featured

16th March 2010, by Daniel Hillege

In a stunning brickbat for embattled Prime Minister Kevin Rudd's future, a Centrebet client has unleashed a string of bets on Julia Gillard becoming PM before the next Federal Election, backing her from $5.25 into $3.75.

In a stunning brickbat for embattled Prime Minister Kevin Rudd's future, a Centrebet client has unleashed a string of bets on Julia Gillard becoming PM before the next Federal Election, backing her from $5.25 into $3.75.

Centrebet media chief and analyst Neil Evans said late last night a client phoned to have $1000.00 on Gillard taking over before the next election.

"Amazingly, he then returned three more times to place a string of $500.00 bets as the price shortened - at $4.75, $4.50 and $4.00," Evans said. In all, the client was determined to keep backing the Deputy PM, and pushed her right in to $3.75 after staking $2,500.00! This has forced Mr Rudd's price from a very short $1.11 out to $1.23!"

"It's a stunning show of confidence in Labor's iron woman Ms Gillard, and came right on the eve of an Australian newspoll that shows Mr Rudd's popularity has hit an all-time low."

Evans said the special "Gillard for PM" book had fascinated punters, alongside the head-to-head election market where Labor is a somewhat wobbly $1.30 favourite to win the next poll, with the Coalition $3.40!

"Kevin Rudd's reform agenda has almost run aground - with an obstructionist Senate due to sit only 14 more working days until the end of June, and with only 10 sitting days in the crucial budget session between May 11 and June 24," Evans said. "Kevin Rudd's centrepiece reform - the carbon trading plan - is bogged in the Senate, and controversial reforms on taxation, the national broadband network and now health have yet to even be presented to parliament. In all this time while the pressure builds on the PM, Ms Gillard is enjoying some sort of magic carpet ride which is even resonating among the most ardent of conservative supporters."

Evans said the latest betting meant the next Federal Election was now more likely to be later rather than sooner!

WILL JULIA GILLARD BE PM BEFORE THE NEXT ELECTION?

$3.75

YES (in from $5.25)

$1.23

NO (out from $1.11)

AUST FED ELECTION (Sch 2010/11)

$1.30

LABOR

$3.40

COALITION

SA ELECTION (This Sat)

$1.40

LABOR

$2.85

LIBERAL

TAS ELECTION (This Sat)

$1.90

LABOR

$1.90

LIBERAL

FOR ALL THE MARKETS www.centrebet.com ELECTIONS

last update : 16th March 2010 14:05


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