NSW Premier Dominic Perrottet is said to be incandescent with rage over the overnight decision by Opposition Leader Chris Minns to renege on a seat carve-up deal that would have made the looming 25 March poll unnecessary.

The Bug first reported on the deal back on Invasion Day when both men nutted out the agreement in a rotunda in The Domain behind the NSW Parliamentary buildings just after dawn, with the Premier accepting the offer to keep 12 of the safest LNP seats in the state, ceding 33 of his existing 45 seats to Mr Minns’ Labor Party.

The Bug’s snapper captured Herr Perrottet (below) as he approached the rotunda back on 26 January.

The historic pact meant Labor would dominate the 93-seat Legislative Assembly chamber with 69 seats. Under the agreement, the existing 12 crossbench seats made up of a ragtag group of misfits including the Greens (three seats), Aunty Pauline’s One Nation (1) and various discredited right-wing nutjobs and cooker independents would be assured of their places in the next parliament

The deal meant Herr Perrottet would remain Premier until the new seats were declared on the Monday after March 25. Upper House numbers were to be nutted out in the meantime.

But The Bug understands NSW Labor Party heavyweights now believe the offer to let the LNP keep 12 seats was far too generous.

“Just overnight, Bet365 has shortened Labor’s odds from $1.12 to $1.10, with the LNP blowing out from $5.50 to $6.50. That surely must be getting close to payout time and the starter’s gun hasn’t even been fired yet on the campaign proper,” a senior party number-cruncher explained.

“And the odds on all the major online bookie sites have barely shifted in recent weeks. This morning’s averages across six major sites, including Bet365, have the ALP on $1.14 and the Perrottet government on $5.44.

“We’ve got the chance to reduce the Liberals in the new lower chamber to West Australian levels where they’ll be able to rock up to parliamentary caucus meetings on a tandem bike!

“So why the fuck would we offer them the chance to keep 12 seats.”

A spokesperson for Herr Perrottet said the ALP’s decision to renege on the Invasion Day deal showed Labor could never be trusted.

“They shook hands and everything.”