Gambling: Germany’s Loss costs bettor big time

Posted July 10, 2010 – 4:21 am in: Gambling

With the World Cup coming to a close, it’s not unusual to see major bets and casino gambling games on the final matches.

This year was no exception, and one bet was placed on Germany for $631,000 US Dollars. With such a bet, one would think it was a sure thing but the bookies made no effort to disguise their disdain for Germany. It’s not uncommon for huge bets to be present during the World Cup but this particular bet caused quite a stir. It wasn’t alone as several other bids of similar amounts were placed on Germany.

The person who placed the $631,000 dollar bet made it clear that they thought Germany would be Spain in their semifinal match. If Germany had won the game this person would have made roughly 1.2 million US dollars. Other bets had similar odds with the noticeable ones being 14/1 and 13/2. There has never been a bigger bet ever places on a world cup match.

Germany’s energetic style of play made them the pick for the World Cup title as the cup proceeded on. Bookies saw all this money pouring in on bets for Germany and there were intent on doing everything they could to make sure Germany didn’t way. One betting agency, William Hill, was quoted saying “we don’t much mind who wins the World Cup at this stage, as long as it isn’t’ Germany.”

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