Rugby World Cup to be ‘biggest betting event’ for rugby union

The upcoming 2015 Rugby World Cup in England is set to become the biggest betting event in the history of rugby union, according to a report in the UK’s Daily Mail newspaper.

Bookmakers have predicted that more than £60m (€81.6m/$92.6m) will be wagered on the tournament, which will begin on September 18.

Defending champion New Zealand is the favourite with the bookmakers, followed by host England.

New Zealand’s 8-7 victory over France in the final of the 2011 Rugby World Cup final led to Irish bookmaker Paddy Power paying out £500,000, the newspaper added.

Australia is the third favourite for the tournament, followed by France, while the USA is the rank outsider with odds as wide as 3,000-1.

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