FIFA World Cup Betting Odds - Germany 2006: European Team Favored to Win at MVP Sportsbook
Dec 7, 2005
MVP Sportsbook has posted odds that lists Europe as a -250 favorite to win the 2006 FIFA World Cup in Germany this July, ahead of South America listed with +100 odds
Miami Beach, FL (PRWEB) December 7, 2005 -- Gambling911.com sponsor www.mvpsportsbook.com has listed Europe as the continent that will take home the 2006 FIFA World Cup with odds of -250. Of course this is good news for anybody who believes that Brazil will win.
South America is listed at MVP Sportsbook with odds of +100. That means that for every $100 bet, a punter will win $100 should Brazil or one of its other South American counterparts (quite possibly Argentina).
"That is pretty good news considering Brazil is so heavily favored to win," commented Gambling911.com Media Coordinator and Marketing Director Thomas Jensen. "Even at MVP Sportsbook, Brazil is the favorite to win early on with odds of +300."
Brazil would pay $3 for every $1 bet or $300 for every $100 bet.
"Brazil is the only nation to appear at all 18 World Cup finals and has a record 60 wins from 87 games," said Jensen. "Placing money on South America to win at even odds is probably not so bad a bet considering how solid Brazil is."
A primary reason why South America has odds less favorable to win compared to the favorite Europe has to do with the competition that follows Brazil.
"Germany is now listed with +400 odds at MVP Sportsbook, which is slightly better than Argentina at +500. But more so, eight of the top ten most favored teams to win the 2006 FIFA World Cup are all from Europe including England at +550, Italy at +700 and Spain at +850."
www.mvpsportsbook.com, the third longest tenured sportsbook endorsed by Gambling911.com, is one of several catering to the North American market (translation: bookmakers that do not traditionally cater to soccer bettors) that have already begun offering 2006 World Cup future betting odds.
Unlike most European bookmakers that tend to offer less favorable betting odds and little or no signup bonuses, MVP Sportsbook offers up to 20% cash on initial signups. European and Asian sports bettors (punters) are welcome.
Over the next few months, Gambling911.com will be introducing its sponsors to the 2006 World Cup soccer arena, some of whom offer even more betting options than their European counterparts.
In 2002, Caribbean and Central American based online sportsbook operations that cater mostly to the North American market and tend to lose money during the summer months by offering wagers almost exclusively on bettor-friendly baseball, realized the profit potential from offering betting odds on the World Cup.
"For many of these sportsbooks it was like a second NFL season," Jensen said. "But unlike the NFL, the bookmakers enjoyed a much better hold - or profit - percentage from World Cup Soccer. Despite the sport's failure to catch on in the US, there was little doubt after 2002 that people in the US still love to bet the World Cup."
Gambling911.com is recognized as the global leader in gambling news as it relates to entertainment, sports, online poker rooms and politics. Gambling911.com's Founder and President, Christopher Costigan, was quoted in the October 26 to November 6, 2005 issue of Canadian Business Magazine and is currently mentioned on page 28 of the December 2005 holiday issue of Playboy Magazine. The web site has also been mentioned in The Wall Street Journal and featured in numerous other publications and media outlets including the Miami Herald, Winnipeg Free Press, Las Vegas Sun, and many more. Gambling911.com is owned by Twenty-One Holdings, LLC. The web site first launched in September 2000.