House | Coalition Odds ($) | Labor Odds ($) | Coalition Win Probability (%) | |
---|---|---|---|---|
2015-08-19 | Betfair | 1.72 | 2.14 | 55.440415 |
2015-08-19 | CrownBet | 1.65 | 2.25 | 57.692308 |
2015-08-19 | Ladbrokes | 1.70 | 2.10 | 55.263158 |
2015-08-19 | Luxbet | 1.66 | 2.20 | 56.994819 |
2015-08-19 | Sportsbet | 1.65 | 2.25 | 57.692308 |
2015-08-19 | TABtouch | 1.76 | 2.04 | 53.684211 |
2015-08-19 | William Hill | 1.77 | 2.05 | 53.664921 |
You will notice I have added the betfair exchange to the mix. The betfair odds reported above are the odds to back, which have then been adjusted to make them comparable with those from other houses. The adjustment builds in the maximum winning commission payable (5%). The formula for this is as follows:
\[adjusted = ((original - 1) * (1 - commission)) + 1\]
The charts follow (with the odds collected once per day, typically between 7am and 8am).
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