Royal Ascot and World Cup likely to draw record profits for bookmakers
The UK is predicted to take in half a billion in wagers over the week-long World Cup and Royal Ascot betting bonanza. Two World Cup games for England and five days of punting at Royal Ascot could see the UK wager half a billion pounds in the next seven days alone.
Leading online bookmaker Betway and the whole of the betting industry is in for an ultra-busy week, with the Three Lions’ opening game against Tunisia on Monday getting the ball rolling before Flat racing’s biggest betting event runs from Tuesday to Saturday, finishing with England’s second World Cup test against Panama.
Betway predicts £30-40 million will be wagered per day at Royal Ascot, nudging total bets placed towards £200 million, while England’s participation on Monday and Sunday bookends a betting bonanza that could see total stakes rise to £500m.
Betway’s Alan Alger said: “Every four years, the collision between Royal Ascot and the World Cup results in one of the biggest betting weeks of the year but this year is extra special.
“With England games both kicking off and closing a week that has Royal Ascot sandwiched in between, we could be set to see around half a billion pounds bet in just seven days.”