Sports Betting Companies Love the World Cup. There is no question that sports betting companies love the World Cup. So far in the group stage there have been a number of upsets and draws and that is great news for the odds makers. It is not all bad news for sports betting gamblers either as the action is great while the potential payoffs are large.
Sports betting companies like it when there are a lot of upsets and draws since most gamblers like to bet the favorites in all sports, including the World Cup. When Switzerland beat Spain it was a great result for the sports books and other great results were some of the ties like England against Algeria and the United States against Slovenia. Another huge result for the books was the Italy draw against New Zealand.
There are starting to be some favorites that are covering the spread though as Brazil, Portugal and Spain have rolled in their second matches in group play. The three favorites in sports betting before the World Cup began were Brazil, Spain and England so any time those three teams lose or draw it is a good result for the sportsbook.
Brazil is still the favorite to win the World Cup but now it is Argentina who is the second choice instead of Spain. Argentina has looked very good so far in group play and they are starting to draw a lot of interest from bettors. The Netherlands is another team that has been strong while World Cup favorites Germany and Italy have struggled a little bit. England has been a major disappointment so far but they could still advance and get back into the good graces of everyone with a win over Slovenia. Italy could do the same thing if they win their final group match against Slovakia.
The World Cup is the biggest event at sports books around the world. The Super Bowl gets all of the hype in the United States but around the world it is the World Cup that dominates. Compared to the Super Bowl it is not even close as the World Cup draws millions of viewers and bettors from all over the world. And it is not just one match, but many matches that get a lot of action in World Cup betting.