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Australian Federal Election Odds - Which party will be sworn into government in 2025?

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Last updated: 17 Feb 2025
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Bets.com.au Staff 17 Feb 2025
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  • Labor won the 2022 Australian Federal Election 
  • Labor aiming for a second consecutive term but the Coalition currently heads the betting
  • Election to be held on or before May 17, 2025
Labour leader Anthony Albanese (Getty Images)
Labor leader Anthony Albanese (Getty Images)

The next Australian Federal Election will see Anthony Albanese and his Labor party looking to secure another term in office following their triumph in 2022. 

With the election due to take place in 2025, Elitebet have made the Coalition the favourites to win power at $1.50 as the political battle in Australia edges towards a conclusion for another cycle. 

Australian Federal Election Winner
Odds
Coalition$1.50
Labor$2.50
Any Other Party$101.00
Note: Odds from Elitebet & correct on 17/2/2025

A Liberal/National Coalition government is the most likely winner of the 2025 Australian Federal Election according to Elitebet. The Coalition is priced at $1.50 to secure power this year. 

The Labor party is available at $2.50 after drifting in recent months. Any other party can be backed at $101.00, with this one seen as a two-horse race heading into the final sprint. 

The odds in this election may surprise some after Labor enjoyed great success in the 2022 election. They secured 77 total seats, up from 68 in 2019. Meanwhile, the Coalition saw their share slip down 19 seats to 58. 

However, Anthony Albanese's party are not currently fancied to make it a second consecutive term in power. While they are still very much in the equation as we edge towards May 17 (the final date the election can be held on), they have seen the odds swing, with the Coalition now the favourites. 

Of course, sports betting always brings shocks and surprises, so it stands to reason that this election could also be subject to a surprising result. 

The only major shock in the betting would see any party other than the Coalition or Labor secure power. The Greens were the best of the rest in 2022, securing four seats in total. Independents secured a total of 13 seats. The fact the Greens were the closest competitor to the top-two and still needed another 72 seats shows how vast the gap in popularity between Labor and the Coalition is to the rest, 

Which party do you think will secure power in 2025? Can Labor make it a second consecutive term in power, or will the Coalition win the 2025 Australian Federal Election? 

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