Bookmaker William Hill has paid out on the Coalition winning the next election less than 24 hours after Malcolm Turnbull ousted Tony Abbott to become Prime Minister.
“The voters might not have much of a say as to who is in the top job anymore, but William Hill has already rewarded those who backed a Coalition victory at the next election, by paying out the result in full,” said WilliamHill.com.au spokesman Tim Ashworth.
It’s the first time a bookmaker in Australia has paid out on a Prime Minister winning an election during his first full day in office.
“The market opened over two years ago, and due to the volatile nature of politics in the country these days, it’s been a market that has been closely monitored by punters and pundits alike,” Ashworth said.
“24 hours is a long time in politics and yesterday morning we had Bill Shorten as favourite to be Prime Minister after the next election.”
“But now punters believe a Turnbull-led Coalition will guide the government to success when we next go to the polls.”
Markets Courtesy of WilliamHill.com.au
Still PM in 2022 $6.00
*Fails to contest seat of Warringah
Liberal (Andrew Hastie) $1.12
Labor (Matt Keogh) $5.50
For more information, please contact:
Tim Ashworth – +61 422 012 116
PR Manager, William Hill Australia