World Cup Odds Change Fast Bookies Respond

Published Friday, June 11, 2010 -

Global Betting and Gaming Consultants based in the U.K. have reported that an estimated $5 billion will be wagered on the World Cup soccer tournament worldwide.
The odds on various matches can change in the blink of an eye when injuries and underdog wins upset the status quo.
Irish bookmaker Paddy Power said recently, "Just a few weeks ago, you could have backed the Dutch at 14/1 to finally win the World Cup. After the classy performances of Arjen Robben and Wesley Sneijder in the Champions League, and the return to fitness of key man Robin van Persie, it's now just 9/1 that the Netherlands will lift the trophy in Johannesburg on July 11," The bookmaker added, "As the tournament draws nearer more and more people are looking elsewhere for the eventual winners. Spain, Brazil, Argentina and Holland are now looking like the favourites ­ although that could all change if England gets off to a flying start in South Africa,"
A new Reuters poll conducted by Ipsos research company and released recently revealed that 31% of those surveyed confirmed they thought Brazil would take the cup. This is a much bigger percentage than second most favoured team Argentina, which had 9% of the vote. South African's responded with Brazil as the winning team with Brazil reaching 34% of the vote from the host country fans. The other top ten picks included Spain (8%), Germany (7%), Italy (6%), England (4%), France (3%) and both Portugal and Australia at 1%. As the tournament progresses the betting is bound to reach astounding proportions with online gambling becoming more popular in many parts of the world. Technology today will allow the average person to keep up with the latest wins and losses during the entire event. Information on the teams, their strengths and weaknesses, is available twenty four seven to anyone with an internet connection.

Related news

Return to Latest News