2025 Australian Federal Election Betting Odds - Who will win the next Prime Minister race?

Bets.com.au Staff

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Last updated: 25 Feb 2025

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Bets.com.au Staff 25 Feb 2025

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The next Australia Federal Election will take place in 2025
This will see members of the 48th Parliament of Australia chosen
Labor won the last Australian Federal Election in 2022

Australia Prime Minister Anthony Albanese (Getty Images)

The Australia Federal Election is set to take place later in 2025 with this election bringing in the 48th Parliament of Australia.

The election in May 2022 saw the Labor Party forming a government after picking up 77 seats in the House of Representatives.

Led by Anthony Albanese, Labor clinched a majority, with the Liberal/National Coalition becoming the opposition after picking up 58 seats.

Australian Federal Election 2025 OddsBet on Politics with EliteBetBET HERE

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Ahead of the next Election (which will take place on or before May 17, 2025), Labor have drifted from $1.33 favourites to $2.40 outsiders with Elitebet to secure another term in office.

Australian Federal Election Winner	Odds
Coalition	$1.55
Labor	$2.40
Any Other Party	$251

Note: Odds from Elitebet & correct on 25/2/2025

A Coalition victory was originally a $3.25 chance, but they have now firmed into $1.55 favourites. You can back any other party at $101.00.

All 150 seats in the House of Representatives and likely 40 of the 76 seats in the Senate will be contested with Labor now against the odds to secure a second straight term in office.

The current government is the first majority Labor have been able to create since 2007, but they are not expected to hold on to power and remain in office. However, with the Coalition now favoured in the betting markets, it will make the battle in the Australian Federal Election very interesting.

Which party do you think will secure victory in the 2025 Australian Federal Election?

Australian Federal Election FAQs

When is the next Australian Federal Election?

The next Australia Federal Election will take place during 2025.

What was the result of the 2022 Australian Federal Election?

Labor, led by Anthony Albanese, were able to form a government after winning 77 seats, The Liberal/National Coalition picked up a total of 58 seats, while the Green snared four seats.