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The month-long soccer competition has so far given the world many shocks, not least the early exit of current World Cup champions Germany and the surprising journey of tournament hosts Russia. However, is it fair to consider the FIFA World Cup 2018 tournament as the highest grossing sports betting competition to date? In short, yes, read more below to find out why.
It is no big secret that sports betting websites have seen a meteoric rise for the past 5 years during major sports competitions, from the NFL, NHL, NBA, Golf, Formula 1 and of course Soccer.
When it comes to soccer, every year, we can expect the usual competitions such as The UEFA Champions League, the UEFA Europa League and every few years we also have the Copa América, The UEFA European Championship and The Olympics Games.
Nothing however, compares in scale and popularity to the FIFA World Cup tournaments, with many soccer fans from around the globe glued to their TV screens from the Group stages through to the Knockout stages and into the deciding games that lead to the Final. The fact that the World Cup takes around a month to complete means that many soccer fans who look to play the odds can do so on many betting websites, and you can click here to find out some introductory offers all in one place.
It is claimed that the current World Cup is the most expensive one to host date after Russia spent $14.2 billion on building and renovating soccer stadiums as well as improving the infrastructure of host cities. However, this amount is much smaller than what bookmakers are estimated to make with figures closer to $36 billion.
The biggest question on everyone’s mind is which national team is going to lift the World Cup trophy? At the time of writing this article we already three major teams qualify to the Quarter Finals, so it could be any of these three nations; France, Brazil or Belgium. We shall wait and see!
This article does not necessarily reflect the opinions of the editors or management of EconoTimes.
