Euro 2016 Set To Spark £500m Gamble – Bookies Say Anyone But England!
With a week to go until the European Championships start in France, William Hill are gearing up for the biggest Euros of all time. A bumper 24 teams taking part means that 51 matches will be played, boosting turnover to a staggering £100m for Hills alone – upwards of £500m for the bookmaking industry as a whole. Over two million bets are expected to be wagered with William Hill during the tournament.
“Every time England play, you would expect upwards of £5m to be wagered on that game alone,” said William Hill spokesman Joe Crilly. “We will be hoping for that reason amongst others that Roy’s boys can stay in the tournament as long as possible but if they were to win the Euros, we could be looking at a disaster.”
20% of all wagers placed on the tournament so far have been for England to win and they already represent a near million pound loss – a figure that will only increase as the tournament approaches. The Three Lions are currently the 8/1 fourth favourites to win the tournament and have attracted the largest single wager so far (£50,000 at 9/1) that returns half a million pounds if they were to lift the trophy.
Following the final warm up match against Portugal, William Hill are offering 2/1 that the starting XI from Thursday is the same XI that starts against Russia.
Euro 2016 odds:
Winner: 3/1 France; 4/1 Germany; 5/1 Spain; 8/1 England; 11/1 Belgium; 18/1 Italy; 20/1 Portugal; 25/1 Croatia; 33/1 Austria; 50/1 Poland; 50/1 Switzerland; 66/1 Czech Republic; 66/1 Russia; 66/1 Turkey; 66/1 Wales; 80/1 Iceland; 80/1 Ukraine; 100/1 Rep Ireland; 100/1 Sweden; 150/1 Romania; 150/1 Slovakia; 250/1 Hungary; 250/1 Northern Ireland; 300/1 Albania
Who has been backed to win the Euros (number of bets):
2% Northern Ireland
1% Rep Ireland
2/1 Starting XI from Portugal friendly to be England’s starting XI vs Russia (4/11 to not be)