Online betting for World Cup games has never been bigger.
In fact, the 2006 World Cup may end up becoming the largest single betting event
in the history of online gambling. With over two weeks of soccer action
remaining, online sportsbooks and land-based bookmakers are preparing for a
continued surge of visitors, most of which are making real-money bets on their
favorite teams.
While it is not a recommended strategy of seasoned sports
bettors to be a biased gambler, and to only place bets on their favorite teams,
football fans are so devoted to their clubs that even if the odds are not in
their favor, taking a bet against their home team would be felt as an act of
betrayal. And when the stakes are as high as the World Cup, many fans who
normally do not make bets, are finding themselves at online sportsbooks putting
money on their favorite team.
The case has never been more apparent than in the United
Kingdom, where the largest news conglomerates like the BBC have been
broadcasting live World Cup games around the clock (apologies to the non-Brits,
for the broadcasts are only available to Englanders). Statistics compiled by
Nielsen/Net Ratings since the start of the games show that approximately 2.5
million Britons have gone online to gambling sites, which is a sharp increase in
online bettors for this time frame. Of the UK-based online sportsbooks,
Ladbrokes has received the most traffic, bringing in over 114,000 unique online
visitors, while BetFair managed to keep visitors logged online for the longest
duration at an average of one hour and ten minutes per visitor. The
standard average is thirty-nine minutes.
As for popular UK sportsbook and casino, William Hill, they
too are getting in on the action. A spokesperson for Will Hill was
reported saying that UK bookmakers will be netting over £1 billion over the
course of the World Cup games (double from 2002), which amounts to online
bettors accumulating £1.3 million in winnings every hour of tournament action.
Not only is the accessibility of online betting a large
factor in this increase, but so is the new mobile and live gambling technology
that was not in existence in 2002. Online bookmakers who offer mobile
phone and interactive television betting have become besieged with last-minute
bets all the way up to the final seconds of games. For instance, in the
England/Paraguay match, the Sporting Index reported they received over 12,000
bets in the last fifteen minutes of the match, when it looked like Paraguay was
going to score.