FIFA 2010 World Cup Will Be First Event in History to Involve 1 Billion in British Bets Alone

The World Cup, which starts on Friday and will have a large economical influence in nations far outside the host country South Africa, stands out as the biggest occurrence in British sports betting history, bookmakers mentioned the other day.

"The World Cup will smash all gambling records, becoming the first sporting event to produce a 1bn-plus pound betting turnover," said Graham Sharpe of William Hill. Sharpe's estimate is for British-based bookmakers exclusively.

The prior most gainful wagering occurrence was the 2006 World Cup, which Sharpe claims involved earnings of "towards 1bn pounds, but below 1bn pounds. Hopefully this time we're being conservative in our estimates and it could be much more than 1bn pounds."

William Hill - certainly the market overall - would benefit from England going quite a distance, but at long last losing. "I'd say we're really in an 'anyone but England' situation in terms of biggest margins," Sharpe explained.

Patriotic punters in England swell bookies' coffers by betting on England, normally about 15-2 to win the Cup. England are fourth favourites at the rear of Spain, Brazil and Argentina. The longer Britain stay in, the greater money is bet on them, and the more the sports books will turn a profit so long as they ultimately lose.

Hills states one of their customers flew to London strictly to position a bet of $85,000 (59,000 pounds) on a World Cup accumulative wager involving six nations either to qualify or not to be eligible from the group periods of the match. For the wager to win, Argentina, Germany and Italy must all be eligible from the group stages while Algeria, Japan and Honduras neglect to do so. A winning end result should net the punter 139,000 pounds.

Hill also have applied a 10,000 pound gamble on Italy winning the World Cup from a Scottish customer in Glasgow. "The bet was placed over the telephone at odds of 16-1," Sharpe mentioned.

Yet another William Hill client, from Lytham St Annes in Lancashire, has staked an 8,824 pound double on Brazil winning the World Cup this year and in 2014 at odds of 16/1, that will win him 150,008 pounds if it comes off. The identical punter also staked a 5,173 pound double on Argentina to win this year and Brazil to win in 2014, at odds of 28-1, which could profit 150,017 pounds.

For great betting advice and strategies to use in your World Cup betting decisions, visit Arbitrage Betting [http://www.bettingunderground.info].

Elise is an extreme hockey fan and born again sports hobbyist who has just entered the world of online sports betting. She has tried and tested various online sports betting systems and reviews them on her website, Arbitrage Betting [http://www.bettingunderground.info].

History of FIFA World Cup

FIFA World cup is a high level football tournament introduced to collect national teams around the world in a single competition. The game begins since a year of 1930 and Uruguay was first country to organize and winning the tournament.

Since than Brazil was most successful country in the tournament series. They had won the cup five times since their first victory in 1958. Their last time won the cup was in 2002 at South Korean and Japan.

Beside Brazil, Italy and Germany also well knows as most successful country in football history. Both countries had finished top four as many as eight and twelve times respectively. However there were another five more countries did won the cup as a total of eight countries. The countries were Argentina, Uruguay, France, England and Spain.

The Netherlands and Sweden another successful countries history but never won the cup. Both countries did finish as top four for four times. The Netherlands was three times reached to the final but still fail to finish as a champion. However for Sweden they did in final only one time but finished third was two times.

South Africa was the latest host nation organized the tournament in the year of 2010. It was also first time ever the tournament organized by African countries. Spain becomes the winner of the tournament by beating the Netherlands 1-0 in final match and it was first ever European teams won the cup outside their continent. After South Africa, the tournament will held in Brazil in the year of 2014.

If you are interested about football especially FIFA World Cup then please feel free to come visit our website that has lots of great information about news, stories and summary of FIFA World Cup.