The public is left constantly speculating over the possible results of the upcoming Australian elections and the bets are flying in all directions with no signs of a definite outcome just yet. Online casinos have made political events like the upcoming Australian elections into a betting game. It’s a political race between Liberal-National and the ruling Labor Party. Punters are placing their bets here and there, wagering on their favorite political horse or the crowd’s favorite, whichever seems to be a better idea. The untimely and unexpected termination of the betting period has left many disappointed. There are still a few waiting for something to happen, an indication of a landslide win or a small drop of popularity. Large online casino betting companies tallied a $10 million estimated pot money.

The behaviors of online casino aficionados and political race punters are inconsistent and betting patterns go in all two directions with no definite indication of swinging more to the one side. When one political party seems to gain more popularity over another the bets surprisingly come swinging across the opposite direction, making the bets seem like an unstoppable pendulum. Operators of at the online casinos and betting sites are perched at the edge of their seats, waiting for the spectacle to end and watching every movement while it happens. Games like toad races, horse races and even poker couldn’t be more unpredictable.

Labor and Prime Minister Julia Gillard has made a remarkable move at the betting sites in her favor when she gained the support of Andrew Wilkie, minority Greens Party and independent lawmaker. Internet gambling site Centrebet has their bets falling heavy on the Labor Party and lawmaker Bob Katter’s statement of not minding support of a Labor government has created momentum at online casinos and betting sites for Labor. But despite all of that, anything could still be a winning bet.

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