2006 Press Releases

BETTING PUBLIC BACKS CONSERVATIVE PARTY IN CANADIAN ELECTION

PinnacleSports.com Releases Updated Odds On Monday’s Vote

WILLEMSTAD, CURACAO (January 20, 2006)—Immediately following November’s vote of no-confidence that brought an end to the 17-month reign of Paul Martin’s Liberal government, leading online sportsbook PinnacleSports.com opened betting on Monday’s election for control of the Canadian Parliament. When wagering first opened on November 30th, PinnacleSports.com listed the Liberals as favorites to win the most seats in the election. Since then the odds have changed dramatically as polls and bettors alike have the Conservative Party taking control of the government.

Despite being the first government to fall on a straight motion of no-confidence, PinnacleSports.com originally listed the Liberals as 12.5 seat favorites over Stephen Harper’s Conservatives for the total seats won in the upcoming vote. That betting line shifted drastically since November as bettors backed the underdog and now the Conservatives are an overwhelming 68.5 seat favorite over the incumbent Liberals.

Although they had held 133 seats in Parliament, PinnacleSports.com believes that the electorate is certain to punish the scandal-ridden Liberals at the polls and lists the over/under on seats won by Paul Martin’s party at a mere 77.5 seats. The online sportsbook believes the Conservatives are likely to gain the most from the public disdain of the Liberals, listing the total number of seats won by the Stephen Harper-led party at 146 seats in the House of Commons. In addition, bettors can wager on the total parliamentary seats won by the Bloc Quebecois (58.5 seats) and NDP party (26.5 seats) in Monday’s historic election.

As results come in on January 23rd, PinnacleSports.com will continue to allow bettors to wager on various propositions on the Canadian General Election, including: party seat counts and various candidate match-ups, among others. For more information and a complete list of odds, please visit www.pinnaclesports.com.

Current Odds: *All Odds Subject To Change*

Total Seats Won, Including All Recounts
Conservatives -68.5 seats
Liberals +68.5 seats

Total Conservative Seats Won
Over 146 seats 6/5
Under 146 seats 10/13

Total Liberal Seats Won
Over 77.5 seats 5/6
Under 77.5 seats 11/10

Total Bloc Quebecois Seats Won
Over 58.5 seats 7/5
Under 58.5 seats 2/3

Total NDP Seats Won
Over 26.5 seats 10/11
Under 26.5 seats 1/1