Euro 2016 to break wagering records
EURO 2016 looks set to break betting records as over ₤ 500m is wagered on the competition, according to Ladbrokes.
A powerful mix of home nation and Ireland participation, beneficial start times and the Leicester City fairy tale still being fresh in the memory has whipped football fans into a craze, with the bookmakers anticipating a record sum to ride on the tournament.
And along with success for 8/1 4th favourites England, which would land a massive ₤ 100m payment across the industry, it’s Northern Ireland who the bookies fear as Leicester City-inspired bets at 300/1 have actually drummed up a potential payment of ₤ 25m.
The record guaranteeing interest indicates generally, ₤ 108,000 will be bet for each minute of the game, with that figure surging up fivefold throughout crunch England matches, while the number of wagering slips used laid end to end would stretch from The White Cliffs of Dover to Marseille.
Alex Donohue of Ladbrokes said: “The home nations and Ireland, beneficial begin times and the Leicester story have actually combined to form the best punting storm. We’re positive guaranteeing records will be smashed in France this summertime and if Northern Ireland deliver another footballing fairytale, we’ll be paying fortunes.”
*** Ladbrokes will refund losing bets on house countries and Ireland matches ending in a draw *** (see website for terms).
Ladbrokes most current wagering odds
Euro 2016 winner
Czech Republic 100/1
Republic of Ireland 150/1
Northern Ireland 300/1
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