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25 August 2008

London 2012 - An Olympic Record For Gambling

Bookmakers William Hill say that £25 million was gambled on the outcome of the Olympic Games - and predict that at least double that will be gambled in London 2012.

"People who had never bet before were sprinting into our shops to back Team GB at the Olympics - the largest bet we took was one of £40,000. It was easily the biggest betting Olympics ever, with £25m gambled, and we already predict that over £50 million will be gambled at London 2012." said William Hill's spokesman Graham Sharpe.

William Hill have opened a book on how many Golds and how many medals of all types Team GB will win in London 2012.

William Hill make Team GB a 7/4 chance to finish 3rd in the Medals Table at London 2012.

The bookies offer odds of 1/2 that Team GB will go one or more better, and win 20 or more Golds in 2012; 6/4 that they will get 19 or less.

Team GB are 1/6 to beat this year's tally and get 48 or more medals in 2012 and 1/4 to get 50 or more. And they are 7/2 to get 47 or fewer medals and 11/4 to get 49 or fewer.

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