Punters back Labor to win federal election

PUNTERS are backing Labor to win Saturday's federal election.

The latest Sportsbet betting on the election outcome has Labor at $1.16 to win ahead of the Coalition on $5.

In the knife-edge seat of Forde, Labor's Des Hardman is at $1.3, while incumbent and Coalition candidate Bert van Manen has blown out at $3.2.

The United Australia Party is at $21, the Greens and One Nation both at $51 and Fraser Anning's Conservative National Party at $61.

In the conservative Wright electorate, Sportsbet has the Coalition's Scott Buchholz at $1.08. Labor's Pam McCreadie is at $6.50.

Katter's Australian Party is at $26, One Nation at $36 and United Australia Party at $51.

In the Bowman electorate, Sportsbet favours Mr Laming at $1.15, while Labor's Tom Baster is on $4.75.

The Greens is at $26 and One Nation at $51.

Fraser Anning's Conservative National Party and the United Australia Party are both at $81.