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Countdown to South Africa Sparks $2 Billion World Cup Gamble

The 2010 World Cup in South Africa looks set to become the biggest betting event in sports history, according the gaming giant William Hill.

London, United Kingdom, June 12, 2010 --( Football mad bettors across the world are set to gamble over 2 billion euro on the outcome of the World Cup in South Africa, according to Europe’s leading on-line bookmaker

Spain are the 4-1 favourites to win the tournament, with Brazil the 9-2 second favourites. Other teams who are prominent in the betting include Argentina, England, and Holland.

"Spain and Brazil have been the two best backed teams in the tournament. However, we’re starting to see a lot of money for England and Holland to win this year’s World Cup," said spokesman Tony Kenny.

"There is no doubt that as the tournament gets nearer to kick off there will be hefty bets placed on all of the leading contenders," said Kenny.

The biggest bet that have taken so far is a $90,000 bet on France to win the World Cup at odds of 20-1, and he stands to make collect of $2 million if the French win the tournament.'s Latest World Cup Odds: 4-1 Spain, 9-2 Brazil, 13-2 Argentina, 8-1 England, 8-1 Holland, 14-1 Germany, 16-1 Italy, 18-1 France, 25-1 Portugal, 40-1 Ivory Coast, 66-1 Serbia, 66-1 Chile, 80-1 Mexico, 80-1 USA, 100-1 Cameroon, 100-1 Paraguay, 100-1 Uruguay, 100-1 Ghana, 125-1 Nigeria, 150-1 South Africa, 150-1 Australia, 150-1 Denmark, 200-1 Greece, 250-1 Switzerland, 250-1 South Korea, 300-1 Slovakia, 400-1 Japan, 400-1 Slovenia, 500-1 Algeria, 1000-1 Honduras, 2000-1 New Zealand, 2000-1 North Korea – EW 1/2 1-2

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Tony Kenny

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