The betting odds suggest the spill motion will be defeated, but if there is a leadership ballot, Malcolm Turnbull is the hot favourite to be Australia’s next Prime Minister.
Bookie Sportingbet.com.au has odds of $1.80 that the spill motion will be defeated, versus $1.90 that it is successful.
However, should there be a leadership ballot this week, Mr Turnbull is the clear-cut $1.36 favourite at Sportingbet to win. Julie Bishop is a $3.75 second favourite to win the ballot, ahead of Tony Abbott at $6.50.
Liberal Party Leadership Ballot Winner
Odds from Sportingbet.com.au (bets void if no liberal leadership spill before 14/2/15)
Malcolm Turnbull $1.36
Julie Bishop $3.75
Tony Abbott $6.50
Any other $13
Even if there is no ballot this week, Mr Turnbull is still odds-on at $1.40 with Sportingbet to be leading the Coalition into the next election.
“It may not happen this week, but our punters overwhelmingly believe that it’s only a matter of time before Mr Turnbull replaces Mr Abbott as Prime Minister,” said Sportingbet’s Andrew Brown.
“Over the past seven days, Mr Turnbull has attracted more than 80% of all bets placed on who will lead the party into the next election.”
Liberal Party leadership spill this week?
Odds from Sportingbet.com.au
No $1.80
Yes $1.90
Liberal Party Leadership Ballot Winner
Odds from Sportingbet.com.au (bets void if no liberal leadership spill before 14/2/15)
Malcolm Turnbull $1.36
Julie Bishop $3.75
Tony Abbott $6.50
Any other $13
Prime Minister at the next election
Odds from Sportingbet.com.au
Malcolm Turnbull $1.40
Tony Abbott $3.00
Julie Bishop $4.00
Scott Morrison $13
Joe Hockey $34
Christopher Pyne $41
Mal Brough $51
Greg Hunt $67
Andrew Robb $101
Peter Dutton $101
Barnaby Joyce $151
Warren Truss $251