Current Events - Canadian Elections

Despite No Confidence Vote, Liberals Favored Over Conservatives
WILLEMSTAD, CURACAO (November 30, 2005)-After Monday's vote of
no-confidence brought an end to the 17-month reign of the ruling
Liberal
government, Canadian voters will head to the polls in January to decide
the future governance of the nation. With the sitting government
falling
for the first time since 1979 and possibly ending Paul Martin's hold on
Canadian politics, PinnacleSports.com today announced odds on the
outcome
of the upcoming election for control of the Canadian Parliament.
Despite being the first government to fall on a straight motion of
no-confidence, PinnacleSports.com lists the Liberals as favorites to
win
the most seats in the upcoming election at 2/5 odds. The Liberals have
also been made a 12.5 seat favorite over Stephen Harper's Conservatives
for the total seats won in January's vote. PinnacleSports.com has also
created unique over/under betting lines on the total number of seats
won
by each of the four major political parties. Although they held 133
seats
in Parliament after the last election, PinnacleSports.com believes that
recent government corruption and scandals will not go unpunished by the
electorate and lists the over/under on seats won by the Liberals at
only
120.5. The loss of Liberal MP's means potential gains for the other
political parties and the bookmaker predicts that the Conservatives
(over/under 107.5), Bloc Quebecois (over/under 60.5) and NDP
(over/under
29.5) will all gain seats in the House of Commons.
"After losing the parliamentary majority in June 2004, the public's
confidence in Paul Martin and the Liberal party has continued to wane
and
the no-confidence vote in Parliament seems to reflect widespread public
sentiment," said Simon Noble of PinnacleSports.com. "Despite all of the
recent controversy, the polls indicate that the Liberals will gain the
most seats in this historic election, but with little chance of gaining
an
overall majority."
In addition to offering betting on the Parliamentary seats won by the
parties, PinnacleSports.com has also posted odds on some of the key
ridings in the upcoming election. The oddsmakers currently list Liberal
Carolyn Bennett as a 10,000 vote favorite to win re-election in the
riding
of St. Paul's in Toronto over Conservative challenger Peter Kent. In
what
is certain to be one of the most closely watched votes, NDP party
leader
Jack Layton is favored by a mere 3,000 votes over Liberal Deborah Coyne
in
the Toronto-Danforth riding.
PinnacleSports.com will accept wagers on the Canadian Election until
the
vote on January 23, 2006. For more information and a complete list of
odds, please visit www.pinnaclesports.com
<http://www.pinnaclesports.com/> .
Current Odds: *All Odds Subject To Change*
Which Party Will Win More Seats?
Liberals 2/5
Conservatives 12/5
Total Seats Won, Including All Recounts
Liberals -12.5 seats
Conservatives +12.5 seats
Total Seats Won By Liberals
Over 120.5 seats 11/10
Under 120.5 seats 5/6
Total Seats Won By Conservatives
Over 107.5 seats 5/6
Under 107.5 seats 11/10
Total Seats Won By Bloc Quebecois
Over 60.5 seats 1/1
Under 60.5 seats 10/11
Total Seats Won By NDP
Over 29.5 seats 10/11
Under 29.5 seats 1/1
St. Paul, Toronto Riding
Carolyn Bennett -10,000 votes
Peter Kent +10,000 votes
Toronto-Danforth Riding
Jack Layton -3,000 votes
Deborah Coyne +3,000 votes
About PinnacleSports.com
PinnacleSports.com (www.pinnaclesports.com) is the Internet's largest
sports betting site serving customers in more than 80 countries
worldwide. Founded in 1998, PinnacleSports.com was the first sports
book
to introduce reduced margin wagering, using a -105 pricing model that
gives bettors up to 50% better value on wagers than traditional
bookmakers. With low minimum bet requirements and the highest maximum
limits on the Web, PinnacleSports.com has earned an industry leading
reputation for providing consistent value to the player, professional
customer service and the quickest payouts online. Fully licensed and
regulated in Curacao and the United Kingdom, the company offers a
secure
environment for sports betting, racing and casino gaming.