Federal Election Winning Probability Trend
Daily probabilities of the ALP or LNP winning the next Federal Election, from aggregated bookmaker odds
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Daily market consensus of probabilities of winning the next Federal Election
Changelog
Manual changes to data collection or corrections
Since the 12-Feb-26 one of the sourced bookmakers dropped their market for the next federal election winner. One week was waited to see if the market would return after the Liberal leadership change, but it did not. Thus from 20-Feb-26 we have sourced another bookmakers odds to replace the dropped market. This meant from 12-Feb-26 to 19-Feb-26, there was one less bookmaker in our consensus calculations, and thus we have averaged the odds over those 8 missing days between Bookmaker X's odds (which ended on 11-Feb-26) and Bookmaker Y's odds (which started 20-Feb), to 'fill the gaps' and recalculate all consensus figures from 12-Feb-26 to 20-Feb-26. This change was applied on 20-Feb-26.
From 31-Jan-26 to 2-Feb-26 there had been an error is how the averaged odds were being calculated. This caused incorrect % win probabilities for 31-Jan-26 to 2-Feb-26. This error was discovered, isolated, and fixed. Once the fix was implemented, correct recalculations were made for 31-Jan-26 to 2-Feb-26, and added to the database. Thus, as of now, all % win probabilities, for all dates are now accurate.
Today there was a data collection failure from one bookmaker. As an alternative odds were checked and added to the database manually. Note: When backfilling the market consensus calculations, rounding calculations have changed for some prior days, due to a lack of precision. However, the new rounding calculations appear to be an improvement as all percentages now sum to exactly 100.0%.
Discovered that there were 5 or 6 days that had missing bookmaker data, and thus average odds were not being calculated consistently. Thus, data for the missing dates was added manually, and then odds were recalculated and backfilled into the database.
Due to one of the bookmakers the app was relying upon dropping their next Federal Election market, we needed to switch to using the data from another, new bookmaker. This change meant new odds & calculations from 2026-01-22.