William Hill Online

William Hill Online

June 11, 2010 07:33 ET

Countdown to South Africa Sparks EUR1.5 Billion World Cup Gamble

LONDON, UNITED KINGDOM--(Marketwire - June 11, 2010) - Football mad bettors across the world are set to gamble over €1.5 billion on the outcome of the World Cup in South Africa, according to Europe's leading on-line bookmaker williamhill.com.

Spain are the 5.00 favourites to win the tournament, with Brazil the 5.50 second favourites. Other teams who are prominent in the betting include Argentina, England, and Holland. 

'Spain and Brazil have been the two best backed teams in the tournament. However, we're starting to see a lot of money for England and Holland to win this year's World Cup," said williamhill.com spokesman Tony Kenny

"There is no doubt that as the tournament gets nearer to kick off there will be hefty bets placed on all of the leading contenders," said Kenny

The biggest bet that williamhill.com have taken so far is a €75,000 bet on France to win the World Cup at odds of 21.00, and he stands to make a profit of €1.5 million if 'les bleus' win the tournament.

WILLIAMHILL.COM'S LATEST WORLD CUP ODDS: 5.00 Spain, 5.50 Brazil, 7.50 Argentina, 9.00 England,9.00 Holland,15.00 Germany, 17.00 Italy, 19.00 France, 26.00 Portugal, 41.00 Ivory Coast, 67.00 Serbia, 67.00 Chile, 81.00 Mexico, 81.00 USA, 101.00 Cameroon, 101.00 Paraguay, 101.00 Uruguay, 101.00 Ghana, 126.00 Nigeria, 151.00 South Africa, 151.00 Australia, 151.00 Denmark, 201.00 Greece, 251.00 Switzerland, 251.00 South Korea, 301.00 Slovakia, 401.00 Japan, 401.00 Slovenia, 501.00 Algeria, 1001.00 Honduras, 2001.00 New Zealand, 2001.00 North Korea 

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