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Federal election 2025 betting odds between Anthony Albanese and Peter Dutton

Labor’s chances of retaining power have grown again, according to the latest odds, as the Coalition’s odds woes continue. See where the PM and Peter Dutton stand with the punters.

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With the leader debates done and the last week of the federal election campaign in full swing, Peter Dutton and the Coalition’s chances of winning the election and forming government continue to blow out, with sporting agencies now putting their odds out to $5 on TAB and $4.95 on Sportsbet.

Meanwhile, the Albanese government’s winning chances continue to firm — now at $1.19 with Sportsbet and $1.18 on TAB.

All other results remain at $151 on both TAB and Sportsbet.

Leader of the Opposition Peter Dutton has drifted out in the betting market. Picture: Lyndon Mechielsen
Leader of the Opposition Peter Dutton has drifted out in the betting market. Picture: Lyndon Mechielsen

When the election was first called, bookies were predicting a tight result, although Labor has always been the favourite among punters.

One South Australian punter seemed confident in the current prime minister, placing a $19,000 bet at $1.95, which would see a $37,050 payday if Albanese continues his stay at The Lodge.

Prime Minister Anthony Albanese and the ALP are the favourites according to betters. Picture: Hilary Wardhaugh/Getty Images
Prime Minister Anthony Albanese and the ALP are the favourites according to betters. Picture: Hilary Wardhaugh/Getty Images

TAB spokesman Gerard Daffy said at the time that it was the tightest margin of the two candidates.

“Both Labor and the Coalition had been favourites for extended periods over the past three years, but they’ve been at their closest point in the past week,” Daffy said.

Former Prime Minister Scott Morrison celebrates after winning the 2019 Federal Election, at the Federal Liberal Reception at the Sofitel-Wentworth hotel in Sydney. Picture: AAP Image/Mick Tsikas
Former Prime Minister Scott Morrison celebrates after winning the 2019 Federal Election, at the Federal Liberal Reception at the Sofitel-Wentworth hotel in Sydney. Picture: AAP Image/Mick Tsikas

Although, the results don’t always match the betting markets, with the 2019 election a perfect example.

The ALP and Bill Shorten were considerable favourites at $1.22 over Scott Morrison and the Coalition at $4, only for Morrison to retain office, famously saying after his victory, “I’ve always believed in miracles”.

Visit the National Gambling Helpline for help or call on 1800 858 858.

Originally published as Federal election 2025 betting odds between Anthony Albanese and Peter Dutton

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Original URL: https://www.goldcoastbulletin.com.au/news/national/federal-election/federal-election-2025-betting-odds-between-anthony-albanese-and-peter-dutton/news-story/0bf4db1ad5dd1a325390f31194e30b83