Australian Betting Company Pays out For Wrong Result Australian betting company pays out for wrong result Share close panel Share page Copy link About sharing An Australian wagering company has paid out for the incorrect outcome in the nation's elections. Sportsbet gave out more than A$ 1m (₤ 540,000) to those who believed that the opposition Labor Party would win, 2 days before Saturday's vote. Polls had widely predicted a Labor win for the very first time in six years. But with the majority of the votes counted, Prime Minister Scott Morrison, a conservative, is predicted to win a shock majority. The wagering company told its followers that it has now also paid money to those who forecasted that Scott Morrison's Liberal-National would win. As the results was available in, Sportsbet took to social media to share the mistake. Skip X post by Sportsbet.com.au End of X post by Sportsbet.com.au Sportsbet spokesman Richard Hummerston told the Sydney Morning Herald newspaper: "Seventy per cent of the cash staked before the early payout had come for Labor, our punters called the election early. " We believed we 'd just provide their money early." This X post can not be displayed in your web browser. Please enable Javascript or attempt a various browser.View initial material on X The BBC is not responsible for the content of external sites. Skip X post 2 by Sportsbet.com.au Allow X material? This short article includes material provided by X. We request for your authorization before anything is filled, as they may be utilizing cookies and other technologies. You might desire to check out X's cookie policy, external and personal privacy policy, external before accepting. To view this material select 'accept and continue'. Accept and continue The BBC is not accountable for the material of external websites.