Portlandbet has just opened betting on all 150 seats for the 2007 federal election. In 2001 and 2004, Centrebet offered markets on 47 and 33 seats respectively, but this is a much more substantial undertaking. Even if you’re in the safest seat in the country, you can still bet onÂ your local member being retained or unseated. Not only is it large-scale; it’s also pretty brave, since events like Labor losing Batman or the Coalition losing Mallee are such small probabilities.
(Disclosure:Â I gave some advice to Portlandbet on setting the odds, though my work was only one factor that went into deciding theÂ opening odds.)