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FROM SPORTS ACUMEN

Media Release
Posted 3:30 PM, June 8, 2006

 

Patriotism counts for little in World Cup wagering

Though the majority of Australians can’t wait to cheer on the Socceroos as they head into the World Cup for the first time since 1974 this weekend, serious punters have taken a differing point of view.

Canberra-based Sports Betting Agency Sports Acumen have reported heavy backing for Australia to be bundled out in the first stage.

“It seems national loyalty counts for little when it comes to making a dollar and punters obviously believe the Socceroos’ campaign will be short lived,” Sports Acumen General Manager Robert Gallagher said.

“By far and away the biggest backing has come for the Socceroos to be bundled out in the Group stage. So much so, that they have firmed from $1.41 to $1.35 in this market after some big throws.”

Gallagher added Holland and France had been the best backed teams to win the World Cup.

“There has been some patriotism shown though and after opening the Socceroos at $126, we were forced to shorten their quote to $81, although they have eased again now and are $101 chances,” Gallagher said.

To enhance its soccer offering for the World Cup and beyond, Sports Acumen has recruited Football and Spread betting expert Andrew Templeman from the UK.

Andrew was previously with the renowned UK Company, SpreadEx, where he was part of the Senior Trading Team, specifically focused on European Football.

He is looking forward to testing his skill against Australian punters and is wasting no time in putting his opinion on the line.

“We feel the French may have lost some of their va va voom in recent times and we are offering top odds of $1.72 for France to open with a win against a solid Swiss team,” Templeman said.

Sports Acumen’s point of difference to most Australian betting agencies is that they offer spread betting markets (often referred to as Index betting), which open up a whole new range of options for punters, in addition to the traditional fixed odds markets.

With spread betting the punter can enjoy a bigger pay day even if their side doesn’t win, depending on just how right their opinion is.

For example, you may fancy the Australians to do better than most expect in the World Cup With that opinion, you can ‘buy’ Australia in the 100 Index Market in the World Cup. Should they advance past the Group stage, then you will be a winner. The further they advance in the tournament, the bigger the punter will collect. Points are allocated for Winning the World Cup (100 points), Runner Up (75), Semi Finalist (50), Quarter Finalist (25), Last 16 (10) and all others (0).

In the 100 Index market, Australia doesn’t have to win the tournament for punters to win on them, as opposed to taking the $101 on offer for Australia to win the tournament (fixed odds) and still losing if they lose in a penalty shootout in the Final!

Some of the other spread betting options available over the World Cup are:

Match Supremacy Total Goals Total Corners Total Goal Minutes Time of 1st Goal (Game & each team) Total Bookings (Yellow & Red - Game) Total Goals (Tournament) Total Yellow Cards (Tournament) Total Red Cards (Tournament) Tournament 100 Index (Tournament)

Spread betting markets can be quite volatile, and offer the punter an opportunity for big collects (and of course losses). The Total Goal Minutes fits snugly into this category. The make up, or final result for the market, is calculated simply by adding up the minutes when each goal was scored. So an 80th followed by a 90th minute goal can certainly swing things around very quickly where the make up would be 170.

 

JUNE 2006 ARTICLES

Media Release Sports Acumen 15:30 08/06/06
Pinnacle Pulse Pinnacle 15:20 08/06/06
Media Release Pinnacle 15:15 08/06/06
Centrebet Capers Centrebet 17:05 01/06/06
Pinnacle Pulse Pinnacle 17:00 01/06/06

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