More Smart Money

The Aussie punters (and the bookies) had the Australian election picked, so let's hope they're on form again:

Big Aussie bets on Bush: Centrebet

WHEN it comes to punting on the United States election, the big money in Australia is on George W. Bush.

Online bookmaker Centrebet said after its $1.9 million turnover on the Australian election, mainly local punters had now broken through the $500,000 barrier on the November 2 US poll.

The biggest bets so far had come from Australian punters, Centrebet said, with two of $50,000 and another of $30,000 – all on Mr Bush.

Mr Bush was at $1.45 and Democrat challenger John Kerry $2.50, the bookie said today.

Centrebet said unlike most elections it was finding the US poll hard to predict because little money was being wagered by Americans, who were not familiar with the online agency.

The spread in Australia was much wider, at $1.16 for Howard and $4.50 for Latham, but I'll still read this as a good sign.

(Hat tip to commenter JPB over at, uh, yes, Tim Blair)

Posted by: Pixy Misa at 03:16 AM | Comments (1) | Add Comment | Trackbacks (Suck)
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