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05 August 2008

GB Odds On To Fail In Quest For 41 Medals As Olympics Mega Gamble Develops

For the first time, over £25 million will be gambled on the Olympics, predict William Hill who are betting that the GB team will fail to achieve the 41 medal haul being predicted by the minister in charge of sport, Andy Burnham.

William Hill offer 1/2 that GB will return with 40 or fewer medals, and go 6/4 that they will manage to get 41 or more.

Burnham is also tipping GB to finish ahead of Australia - who were fourth in the 2004 medals table, and Hills offer 5/4 that GB will finish 4th this time round.

"Gambling interest on the Olympics is at an all time high - but it is a bold punter who would gamble big on the Brits bringing home 41 or more medals and finishing fourth in the overall medals table." said William Hill's spokesman Graham Sharpe.

"In fact, one of the biggest Olympic bets we have taken so far is £3000 on the GB team to end up with fewer than 33 medals in total, at odds of 5/6. The biggest we have seen so far is £9000 on China to top the Gold Medal table at 1/2."

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