Flutter Entertainment, through its sportsbooks Paddy Power, Sky Bet, and Betfair, has unveiled intriguing statistics regarding betting activities during the UEFA European Championships 2024 (Euro 2024).
England vs. Switzerland Quarter-Final
One of the pivotal moments for the books was England’s dramatic quarter-final win over Switzerland. Gareth Southgate’s team equalized late in normal time and clinched victory via penalties, resulting in notable betting activity and outcomes.
Portugal vs. Turkey Group Stage Match
During the group stages, Portugal’s convincing 3-0 victory over Turkey stood out as a challenging result for the sportsbooks. This match significantly impacted betting dynamics early in the tournament.
Biggest BetBuilder Win
A standout event was a customer’s remarkable BetBuilder success during Belgium’s 2-0 win over Romania, involving an impressive 16-leg bet that resulted in a substantial payout of approximately £17,000 ($21,996.47).
Betting on Spain
Approximately £970,000 was staked across about 96,000 bets supporting Spain to claim their fourth European Championship title. Notably, 70% of these bets were placed after the tournament commenced, indicating a strong surge in confidence as Spain progressed.
Betting on England
In contrast, around £1.5 million was wagered across approximately 150,000 bets favoring England to secure their first major trophy since 1966. Interestingly, two-thirds of these bets were made before the tournament began, reflecting early optimism and continued support as England advanced to the final.
Shifts in Betting Sentiment
Despite reaching the final, earlier data from Entain revealed that only 20% of UK bets were initially backing England to win the tournament. This statistic underscores a notable shift in public sentiment and betting patterns over the course of Euro 2024.
As the UEFA Euro 2024 final approaches between Spain and England, the insights provided by Flutter Entertainment’s data highlight not only the significant betting activity but also the evolving dynamics of public sentiment and confidence in key teams. These trends underscore the excitement and unpredictability that define major sporting events and their impact on the betting landscape.