World Cup Could Put Bookies In The Poorhouse

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Last weekend in England it was the perfect storm-type scenario for bookmakers as the heavily wagered weekend of football(soccer), rugby and cricket resulted in tons of . After the UK triumphantly won its football/soccer match against favored Argentina, the laddy bookmakers completely got housed. And it could get much worse.

According to The Sun, World Cup-crazy England fans will stake £1.5BILLION on their country winning the World Cup in Germany next year, where they currently sit at 7/1 to win it all. If they should win it,it could spell disaster for the bookmakers.

“If England win the World Cup we face a potential financial disaster,” according to Robin Hutchinson of Ladbrokes.

Yes, we just said that. Supporters have already staked nearly £500million on glory next summer — and hopes soared even higher after Saturday’s sensational 3-2 victory over Argentina.

Here’s a fun fact courtesy of Oddjack reader and happy Brit, Louis Cooke: The Brits will World Cup wagering will equal that of the GDP of Fiji(£1.52 billion), so there’s no need for metaphorical embellishment in that sense.

Put Shirt On Three Lions [UK Sun]