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Bookmaker Information
Sports Betting
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Football4Profit: News- Olympics
William Hill is predicting that Team Great Britain will
only better their performance for the London Games in 2012. The nation
finished ahead of sports rivals Australia and Germany with a total of 19
Gold medals, fourth in the world at the Beijing medals table. Bookmaker
William Hill has Great Britain at 7/4 odds that they’ll best their ranking
to finish third at the next Summer Olympics. This year’s performance marked
their best efforts in more than a century. Nineteen year old Rebecca
Adlington was at the head of the pack, earning medals in the 400 metre and
800 metre freestyle double at the swimming arena. Chris Hoy and his fellow
teammates in track cycling took away 7 of a possible 10 wins at the
Velodrome. Hill is currently offering odds of 6/4 that Team Great Britains
will earn no more than 19 gold medals during their home Games, while chances
that they’ll grab 20 or more sit at 1/2.
For the total medal count, bookies have up that the country will
bring home 50 or more with ¼ odds and 11/4 if they only achieve 49 or less.
The Beijing Games granted the Brits 47 gold medals. Fellow bookie Ladbrokes
have offered odds of 4/7 that Britain will top their total medal earning in
2008 when the Olympics begin in London. Spokesperson Robin Hutchinson has
said, “The achievements this time round have been incredible, but we reckon
they'll do even better next time round in front of a patriotic crowd.”
Ladbrokes has also published a guesstimation on how much money the Olympics
will generate in the gambling industry, predicting as much as £50 million
could be bet on the 2012 events. Hill agrees, considering the £25 million
that was bet on this year’s events. Hill spokesman Graham Sharpe said,
“People who had never had a bet before were sprinting into our shops to back
Team GB in the Olympics - we took bets of up to £40,000 a time.”
Ladbrokes, a firm based out of Harlow, also has some interesting
punts available for leaders of the Team Great Britain’s success: for
example, they’ve quoted Shenaze Reade at 5/1 for BMX events, and teenage
diver Tom Daley at 4/1. Others include Rebecca Adlington who is only 6/4 to
win again, and Phillips Idowu to outdo himself in the triple jump at odds of
10/1. Specials include the most likely choice to light the Olympicflame in
2012, with the favourite spot falling to rowing legend Sir Steve Redgrave at
4/5 odds.
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