Any hope Australia had of eclipsing the 14 gold medals it won at the Beijing Olympic Games looks over after a sluggish start in London, and now punters with online bookmaker Sportsbet are tipping that we may struggle to even win ten.
A haul of 10 or 11 gold medals heads the market at $3.25, however, Australia finishing with either 8 or 9 gold medals has firmed from $6.50 into $3.50, with 6 or 7 gold medals tightening from $11 into $5.00.
“In the last 24 hours, punters have really started backing Australia to come home with less than ten gold medals. So much so, that Australia finishing with five or less gold medals has firmed from $26 into $14,” Sportsbet’s Ben Hawes said.
In the overall medals tally, Australia claiming between 31 and 40 medals heads the betting at $2.50, with between 41 and 50 medals next at $2.75.
Markets courtesy of Sportsbet
(prices in brackets from 16 July)
How many gold medals will Australia win at the London Olympics?
$3.25 10 or 11 (in from $3.50)
$3.50 12 or 13 (out from $3.25)
$3.50 8 or 9 (in from $6.50)
$5.00 6 or 7 (in from $11)
$7.00 14 or 15 (out from $4.00)
$14 5 or less (in from $26)
$14 16 or 17 (out from $9.00)
$26 18 or 19 (out from $17)
$81 20 or more (out from $26)
How many overall medals will Australia win at the London Olympics?
$2.50 31-40 (out from $2.00)
$2.75 41-50 (in from $3.75)
$4.00 21-30 (out from $3.50)
$4.50 51-60 (in from $13)
$10 11-20 (in from $13)
$31 61 or more (in from $51)
$51 10 or less (steady)