Bettors strongly back Conservative win, despite a Liberal polling lead
Parliamentary bureau chief Stuart Thomson talks to reporter Christopher Nardi about why bettors might be putting money on the Conservative party, despite national polls showing the party several points behind the Liberals.
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A recent Postmedia-Leger poll last week found that the Liberals are hanging onto the lead in the federal election with 43 per cent of support nationally, five points ahead of the Conservatives who are at 38 per cent support.
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But the sports betting site FanDuel, which only operates in Ontario and carries odds for political events, says that 70 per cent of the bets placed on the winner of the federal election are on the Conservative party, with only 28 per cent of bettors wagering on the Liberals. The company says that more than 80 per cent of the bets on the Conservatives were placed after March 25, when the election was underway and the Liberals were pulling away as favourites.
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