Online bookmaker sportsbet.com.au has made some drastic changes to their betting on marriage equality following the Liberal party room meeting to resolve the matter.
The proposed plebiscite is a short $1.10 to fail to pass the senate and $5.00 to be successful at the second time of asking.
Holding a postal plebiscite is $1.33 to occur with $3.00 the odds it will be stopped.
The most significant change to the betting is on a conscience vote, with one being allowed now the $1.75 favourite – in from $3.50, not allowed pays $2.00, out from $1.25.
Same sex marriage is now tipped to become law in 2018 at $2.20 with 2017 drifting from $2.00 out to $2.30.
“Today’s Liberal party room meeting has had a radical effect to our betting markets with Turnbull allowing a conscience vote now a favoured outcome for the first time,’’ said sportsbet.com.au’s Will Byrne.
Markets courtesy of sportsbet.com.au
Will the governments next plebiscite bill be passed by senate?
Will a postal plebiscite happen on same sex marriage?
Will Turnbull allow a conscience vote?
$1.75 Yes (in from $3.50)
$2.00 No (out from $1.25)
When will same sex marriage become legal?
$2.30 2017 (out from $2.00)
$2.20 2018 (in from $2.70)
$4.00 2019 or later (steady)