|As the Champions League final took place in Istanbul on Wednesday night, Betfair punters wagered over £10 million on the final outcome.|
Betfair allowed punters to bet from first whistle to the last and in a game that went to extra time, and then to penalties, the odds went crazy, and so did the bets.
At the start of play, odds were tight with Milan listed at 5-4 and Liverpool at 3-1 Liverpool but by the time Crespo scored a second goal to make it 2-0 to AC Milan, the odds shifted heavily in Milan’s favour.
When third Milan goal was scored to the end of half-time, £142,603 in bets were wagered on Milan at 1-100. The biggest price matched on a Liverpool win at this stage was a staggering 359-1.
Bets totalling £750 were placed on Liverpool at 340-1 or above within normal time but despite bringing the score back up to 3 all by final whistle all those bets were lost as the game went into extra time.
Betfair also offered a wager on the winner of the competition regardless of extra-time or penalties. Losing bets totalling half a million pounds were placed on Milan at half-time. The payout on Liverpool’s final victory on odds that peaked at 100-1 has yet to be released.