The Australian Federation Election happens every four years. The next election will be in or before September 2022. The last election took place on the 18th of May in 2019.
The next one will be for the election of the 47th Parliament of Australia. This election will be for the House of Representatives for both the Lower House and the Upper House.
How to Bet
Because knowing who wins the election is exciting and unpredictable; it also provides the opportunity for the punters to place their bets and make more money.
Thankfully, nowadays, it is easy to place a bet. In just a touch of your finger, you can already join a market and place your bet. Online bookmakers make Australian Federation Election betting accessible. Moreover, they also provide tips and predictions on who most likely will win.
Before putting your money in any of the bookmakers online, choose the one that matches your needs. These features may include the availability of the markets, multi-bets, cash-out, and the like.
After finding the best bookmaker for yourself, you can open an account and deposit. Once you already have an account, you can already explore the market and place your bet.
Live Streaming or Media Coverage
Because the election is an integral part of a country’s history, expect extensive media coverage for it. You can watch it on mainstream channels and networks that closely monitor the updates, especially on election day.
In the 2019 election, what most of the bookmakers did was to list all the parties running for the election. They also indicated the odds of winning in each of the parties. This indicator was a more reliable indicator than the polls to determine who was on the lead.
At this time, there were only two parties who were ahead among the rest. These were the Liberal National Party (LNP) and the Australian Labor Party (ALP). These parties had the highest odds among the others.
Bookmakers also included the other parties to give the bettors more choices. These other parties were the Australian Conservatives and One Nation, Fishers and Farmers, Centre Alliance, the Christian Democratic Party, Greens, Shooters, United Australia Party, and Katter’s Australian Party.
Federal Election Seats
Aside from opening the market for the federal election parties, the bookmakers also took advantage of the event by opening a market to place bets for individual seats. This market often provides more value than betting on a political party.
Just like in any other market, some bookmakers also provide betting tips and predictions on who will be the ones who will be most likely to win.
In Australia, there are several bookmakers that you can choose. Just look for the features that they are offering and see if they suit your betting needs.
In the next election, bookmakers might open another market for the federal election for the 47th Parliament of Australia. This time, the Australian Federation Election will be for the House of Representatives: 151 for the Lower House and 40 for the Upper House.