There are two losers who may think they were winners on election night, of course depending on Winston Peters and what he decides to do.
One is the Deputy Prime Minister Paula Bennett who will have to step down from her number two slot if Peters steps up.
The other is Act leader David Seymour who Peters has already described as the most expensive beneficiary in the country. He won't have a bar of him in any Government he's part of.
Peters is where he's been twice before over the past 20 years and don't take anything for granted. There's an assumption that the New Zealand First leader will go with National, given 10 per cent more of the public gave them their vote than Labour.
But in this MMP environment anything is possible and in Winston Peters' book nothing is as it seems and that's the way it's always been with him. Forget morality and expectation, that's a book written by others.