Australian Federal Election 2022 odds - Latest Australian Election betting odds

By Phil Lowe

11 May 2022

Phil Lowe 11 May 2022

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The Australian Federal Election 2022 takes place on Saturday, May 21st
Labor favourites to win with bookmakers
Prime Minister Scott Morrison is facing his second election while Anthony Albanese is the challenger
Get the latest Australian Election odds on this page

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(Photo by Getty Images)

Australian Federal Election Odds - Next Government Betting Odds
Winning Party Betting Odds
Most Seats Betting Odds
Australian Federal Election FAQs

Labor are the bookmakers' favourites in the latest Australian Federal Election odds as Australia prepares to go to the polls in May.

The 2022 Australian Federal Election is scheduled to take place on Saturday May 21st, 2022. On this page we have the latest Australian Election odds and betting markets ahead of polling day.

Labour are odds-on favourites to be the Winning Party at time of writing, with Paddy Power a best priced 10/11, while it is 6/4 that Labor win with a Majority at William Hill. A Coalition majority can be backed at 12/5 with the same firm.

If Labor were to win the election, this would be the first time they have led the country since Julia Gillard served as Prime Minister from 2010-2013.

Current PM Scott Morrison will be challenged by Anthony Albanese, who is running in his first election as the opposition leader.

The Liberal-National Coalition currently hold 36 seats in the senate, while Labor have 26 seats, 11 being the margin that they need to make up to return to government.

There are 14 seats currently taken on the crossbench from Australian Greens (nine), Centre Alliance (one), One Nation (two), Jacqui Lambie (one) and Independants (one).

As for the House of Representatives, the Coalition hold 76 seats and Labor hold 68 seats, with a nine seat swing the amount needed for Labor to win.

Australian Federal Election Odds - Next Government Betting Odds

Type Of Government	Odds
Labor Majority	6/4
Coalition Majority	12/5
Labor Minority	3/1
Coalition Minority	4/1

Odds courtesy of William Hill & correct at 12:00 BST on 26/04/2022.

Winning Party Betting Odds

Party	Odds
Labor	10/11
Coalition	4/5
Any Other	60/1

Odds courtesy of Paddy Power & correct at 12:00 BST on 26/04/2022.

Most Seats Betting Odds

Party	Odds
Labor	8/11
Coalition	Evens
Greens	150/1

Odds courtesy of William Hill & correct at 12:00 BST on 26/04/2022.

How long as Scott Morrison been Prime Minister of Australia?

Scott Morrison has been the Prime Minister of Australia since August 2018 where he took the reins from fellow Liberal Malcolm Turnbull.

The last Federal Election was held in 2019 where Mr Morrison held on to his position as Australian Prime Minister over Labor's Bill Shorten

How long has Liberal been in government in Australia?

Liberal has been in government in Australia since 2013 when Tony Abbott defeated Labor's Kevin Rudd in what was a landslide vote.

The 2022 Australian Election sees Anthony Albanese looking to give Labor their first victory since Julia Gillard in 2010.

Who is Scott Morrison?

Scott Morrison was born on May 13th, 1968. Currently serving as the 30th Prime Minister of Australia, 'Scomo' as he is known in Australia, began his term as Prime Minister on August 24th, 2018.

Morrison has previously served as the Minister Of Immigration and Border Protection, Minister for Social Services, Treasurer of Australia & Minister for the Public Service.