Hesitant Betting on the UK National Team Amongst Bettors in the UK
England's Three Lions might be struggling to woo UK bettors for EURO 2024, according to data from Entain. The lack of faith among UK fans is palpable, despite England's impressive start in the tournament and securing the top spot in Group C.
Intriguingly, UK bettors are more engaged and confident this year compared to 2021, as evidenced by a 121% surge in bets. However, only 20% of UK bets are placed on England - a significant drop compared to other nations.
England's opening match against Serbia saw the highest number of bets so far, but a closer look at Entain's UK sportsbook (Ladbrokes and Coral) reveals a decrease in outright bets on England to win the tournament. This shift in betting patterns mirrors a growing skepticism among UK bettors, following England's underwhelming performance in the group stage.
Despite this, the tournament remains wide open, with 21% of outright bets favoring England, 22% for Italy, and 14% for Germany, the host nation. France, England, Germany, and Spain each have 13%.
Portugal showcases the most patriotic betting nation so far, with 60% of Portuguese punters backing their team. Spain follows with 49%, Germany with 44%, and France with 30%. Ronaldo remains the favorite to become the tournament's top scorer, enjoying 76% support at home and over 20% in Germany and Austria.
Jamie MacDonald, head of sportsbook analytics at Entain, noted that the data aligns with broader fan sentiment. Despite England's rocky start, MacDonald expressed hope that the team could find their stride as they enter the Round of 16 this weekend.
While betting trends may not reflect the actual chances, they offer an interesting perspective. England has the opportunity to reignite passion among their fans with strong performances in the coming rounds. Remember, betting trends represent only a fraction of the excitement that EURO 2024 promises. The tournament is bound to surprise and thrill us with its unpredictability, embodying soccer's enduring global appeal.
[1] Note: The recent search data does not disclose specific information on how confident UK fans are feeling about England's chances in EURO 2024 according to Entain's betting data. For a more accurate understanding, checking on Entain’s sportsbook platforms or official press releases may prove more fruitful.
- Despite England's promising start in EURO 2024, a significant decrease in outright bets on them to win the tournament can be observed at Entain's UK sportsbook (Ladbrokes and Coral).
- Interestingly, although Portugal shows the most patriotic betting nation so far, only 21% of outright bets favor England to win EURO 2024, with Germany and Italy following closely at 14% and 22%, respectively.
- The recent surge in bets among UK bettors is intriguing, yet only 20% of these bets are placed on England, indicating a growing skepticism towards their performance in the tournament.
