Well-known bookmaker Robbie Waterhouse reveals why betting companies are shying away from taking bets on the Voice

EXCLUSIVE 

Racing id Robbie Waterhouse has accused rival betting firms of shying away from taking punts on the Voice as a result of it is ‘politically delicate’.

A number of opinion polls present the Sure case trailing in most states, which suggests the chances of success on October 14 are very low.

However throughout state and federal election campaigns, the likes of Sportsbet, TAB and Ladbrokes routinely take bets on political events and publicise the chances.

This sees gamblers put cash on the aspect that’s persistently behind hoping to make a bonanza on lengthy odds.

However Waterhouse, Australia’s best-known bookmaker, stated that with the referendum on an Indigenous Voice to parliament, the large betting companies had been reluctant to open the books on one thing ‘politically delicate’

‘I feel they’re thought to be being a really delicate factor to wager on,’ he instructed Day by day Mail Australia.

‘Folks have truly stated to me that I should not be betting on it, “That is simply not a pleasant factor to do”.’

Racing id Robbie Waterhouse (pictured with horse coach spouse Gai) has accused rival betting firms of shying away from taking punts on the Voice as a result of it is ‘politically delicate’

READ MORE: Moment Yes supporters call No campaigners a ‘racist dogs’ and ‘w*nkers’ as rally turns ugly

Protesters have branded those that plan to vote No within the upcoming Voice to Parliament referendum ‘racist canines’ after gatecrashing a rally for the No marketing campaign.

Greater than 1,000 folks, many carrying ‘No’ supporter T-shirts, packed into the Adelaide Conference Centre to listen to Jacinta Nampijinpa Value (pictured), Nyunggai Warren Mundine, South Australian Senator Kerrynne Liddle and different No campaigners communicate on the Truthful Australia rally on Monday

Waterhouse additionally instructed providing bets on the Sure or No aspect successful would make betting firms appear as if they had been favouring one aspect of the referendum.

That is occurring as massive firms, from Qantas to mining big Rio Tinto, again the Sure case, making it retro for an organization to be thought to be opposing or not endorsing the Voice. 

‘They suppose that in the event you truly provide each bets on both aspect, that you are taking a view,’ Waterhouse stated.

‘They suppose, “Oh, no, you should be saying it may’t win, the Sure aspect.’

Waterhouse is providing gamblers the possibility to wager on the Voice referendum, however he cannot entice any bids regardless of providing odds of 9:1 for a profitable Sure vote, which suggests somebody who bets $1 will get again $10, together with the $1 they put in. 

That is in contrast to a standard election, the place political insiders wager on their celebration if inner polling exhibits the underdog successful an in depth, marginal seat race that would go both manner. 

Waterhouse instructed even supporters of the Voice had been pessimistic about their possibilities.

‘There is no urge for food on the a part of punters to again Sure,’ he stated.

‘I am unable to discover prospects to again the Sure case – I’ve gone from 5 to 4, $2.25, three weeks in the past to now $10 or 9 to 1. 

‘The Sure supporters say they’re very vocal and really assured however will not threat a cent of their very own cash. 

‘There are only a few Sure backers, which makes me suppose, opposite to what everybody says, they’re resigned to the very fact they are going to lose.’

Whereas the 9:1 odds for the Voice are lengthy, they’re nowhere close to so long as the Victorian election of 1999 the place Labor chief Steve Bracks was thought to be an out of doors 20:1 probability of defeating Liberal premier Jeff Kennett on polling day.

‘A superb instance was Kennett who was one to twenty,’ Waterhouse stated. 

‘When he misplaced, it was regarded as a certainty however he wasn’t.’ 

Waterhouse stated with the Indigenous Voice to parliament referendum, the large betting companies had been reluctant to open the books on one thing ‘politically delicate’ (pictured is a Sure case rally in Sydney)

Waterhouse additionally instructed providing bets on the Sure or No aspect successful would make betting firms appear as if they had been favouring one aspect of the referendum (he’s pictured far proper with son Tom Waterhouse, far left; daughter-in-law Hoda Waterhouse, second left; and spouse Gai Waterhouse, second proper)

Solely BlueBet is itemizing odds for the Voice, with $1.15 provided for No and $4.75 for Sure. 

Sportsbet is taking cash for the Voice, however just for the TV expertise present of the identical identify, with Man Sebastian the favorite at $1.50 to be the successful choose on October 1, forward of Jessica Mauboy and Jason Derulo, each on $4.33, and Rita Ora on $8.50. 

TAB can also be taking bets on The Voice Australia program on Seven, providing comparable odds.

Simply eight out of 44 referendums to amend the Structure have handed for the reason that first Sure or No vote was taken in 1906, with victory requiring a nationwide majority and a majority in 4 out of six states.

A Sure case hasn’t triumphed since 1977 and a Labor prime minister hasn’t satisfied the voters to again constitutional change since 1946, when Australians agreed with Ben Chifley’s name for the Commonwealth to offer welfare. 

A Resolve Strategic ballot printed this month in 9 newspapers confirmed the No vote main 57 per cent to 43 per cent, with assist for the Voice now behind in NSW and Victoria.

Solely Tasmania is producing a majority for the Sure case.