Czechs expected to bet hundreds of millions of crowns on Olympic Games
The Summer Olympic Games in Rio kick off this coming Friday and, Czech Radio reports, for many Czechs the Games – with the motto of Stronger, Faster, Higher – will represent more than the Olympic spirit but a chance to bet, and with a little luck, turn a profit. According to the broadcaster, citing bookmakers, during the course of the games Czechs are likely to bet hundreds of millions of crowns.
“I’m ready to bet on basketball, football and tennis, not really so much based on existing odds as how things go from match to match.”
Another told Czech Radio he was specifically targeting individual sports such as judo and taekwondo, but betting a minimum of 1,000 crowns. However, higher bets are not necessarily the most common, Václav Sochor of the Chance betting agency confirmed.
Already, the agency has accepted bets worth six million crowns; and while that number is certain to rise, most expect that betting on the Summer Games will still finish third – behind both the Ice Hockey World Championship in Russia in May and the recently ended European football championship in France. During Euro 2016, Czechs bet almost two billion crowns. Jiří Hadrava is the spokesman for Tipsport.
A similar sum was touted by the Fortuna betting agency. In all, it is expected that Czechs could bet up to one billion.
Among Czech athletes who are considered favourites? Javelin champion Barbora Špotaková, the spokeswoman for Sazka Veronika Marková confirmed. Roughly half who have bet so far bet that she would clinch a medal and half, gold. Bookmakers expect that Czech Olympians could clinch a maximum of eight medals in Rio. The games begin on August 5 and end on August 21.