I note from the release below that Australia is $101. If you're that keen on the Socceroos, you'll get up to $175 on an Aussie victory.
"What's the difference?" you might ask. After all, they're both good odds on a long shot. A friend told me the other day he had been given $67 at the local TAB.
The answer to that is easy. You're only having a bet if you think they are a legitimate chance, in which case, the winnings will be your money. For a simple $10 bet, the difference in return from the two bookmakers is $750. The TAB odds are more than $1100 behind the pace!
That should be reason enough to shop around.
In the meantime, here's the latest from Sportingbet:
PUNTERS KEEN ON SPAIN'S ODDS FOR WORLD CUP WIN
Spain are the clear favourites for the 2010 World Cup with good bets at Sportingbet Australia bringing their odds in from $5.50 to $4.75.
Sportingbet Australia CEO Michael Sullivan said bets including one of $10,000 and another of $5000 had arrived over the past week.
“Spain is the only side the punters want prior to the tournament kicking off,” said Sullivan.
“We’ve taken bets including one of $10,000, another of $5000 and plenty of other four figure sums over the past week.
“The return of star front man Fernando Torres from injury has convinced punters and they’re expected to cruise past Switzerland and Honduras with only Chile providing any opposition in the group stages.”
Spain are ranked second in the World and are current European Champions but the best they have done in previous World Cups is a fourth place in 1950. They must also overcome the hoodoo that no European side has ever won a World Cup held outside of Europe.
2010 FIFA World Cup
Sportingbet Australia Market
Spain 4.75
Brazil 5.50
Argentina 7.50
England 8.50
Netherlands 11.00
Germany 13.00
Italy 15.00
France 21.00
Portugal 29.00
Ivory Coast 41.00
Paraguay 67.00
Ghana 67.00
Serbia 67.00
Mexico 67.00
Chile 67.00
USA 67.00
Australia 101.00
Uruguay 101.00
Nigeria 101.00
Cameroon 101.00
Denmark 101.00
Others 151.00 Plus
Friday, June 11, 2010
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