Election Punters Betting Against Nats Fightback

Election Punters Betting Against Nats Fightback

SYDNEY, Aug. 26 /MediaNet International-AsiaNet/ --

Centrebet politics punters are betting that National's taxation policy is
not an election winner.

Big bets continue to flood in for Helen Clark's Labour (1.28 from 1.40 on
Monday) to be the party that provides the prime minister following the eagerly
anticipated election on September 17.

There is very little money for National (3.25 from 2.70 over the same
period) in spite of a poll released today that suggests that the taxation
policy of Don Brash's party is proving popular.

"The betting says that National's taxation policy is not an election
winner," says Centrebet's Gerard Daffy. "Punters think that Labour is too far
in front with just three weeks remaining."

Centrebet specialises in election betting and there is evidence to support
its claim that its odds are more accurate than polls. Stanford University's
Justin Wolfers and Andrew Leigh, of Harvard, found that Centrebet's odds on the
2001 Australian Federal Election not only forecast the overall result correctly
but also provided precise estimates of outcomes in more than 40 electorates.

Wolfers (http://bpp.wharton.upenn.edu/jwolfers) and Leigh
(http://andrewleigh.com) also praised the accuracy of Centrebet's betting odds
on last year's Australian Federal Election.

Log on to http://www.centrebet.com to view its latest odds.

About Centrebet

One of the world's oldest online sports bookmakers, Centrebet's explosive
growth continues 13 years on from its launch. Punters from all four corners of
the globe are flocking to Centrebet because of its great odds, exhaustive range
of options and guaranteed payment of winnings.

Centrebet operates in one of the world's strictest gaming jurisdictions.
Australia's Northern Territory Government licenses and regulates Centrebet. Its
Racing and Gaming Commission digitally monitors all transactions for the
protection of Centrebet and its worldwide clients.

ENDS

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