World Cup Betting Frenzy: England Fans Lead the Pack with £240 Million in Wagers
12.06.2024
British soccer enthusiasts staked over £240 million (or $289 million USD) on their country’s squad during the 2022 FIFA World Cup, as reported by recent figures from Worldpay.
England’s quintet of games produced the largest payment quantities of any nation in the competition. The Three Lions’ encounter with France witnessed a frenzy of betting action, reaching 11,000 payment operations per minute just prior to the start.
Public houses throughout England also encountered a 200% spike in payments during the World Cup in Qatar, handling a sum of 60 million transactions – a standard Saturday evening typically observes approximately half that figure.
Predictably, weekend evening contests were peak periods for wagering. The final between France and Argentina was the single most favored match for gambling throughout the entire tournament. At its zenith, this game observed 11,500 payment operations per minute, processing £2.8 million in payments with a total approved worth surpassing £50 million.
The information also disclosed that FIS (Worldpay’s parent company) witnessed its leading gaming vendors handle a total of 67.8 million payments on game days, a 30% rise compared to the 2020 Euros.
“With the national soccer season ongoing, and a packed holiday fixture schedule approaching, pubs and betting vendors will be anticipating a similarly optimistic few weeks ahead,” stated Alex Morgan-Moodie, head of vertical market strategy at Worldpay, remarking on the statistics.
Ensuring optimal performance during significant events such as the World Cup is paramount for providers, as it’s crucial to guarantee a seamless and effortless transaction experience for their clientele. A top-tier user journey is the key differentiator in this fiercely competitive market.”
Recent insights from GeoComply support this notion, indicating that the World Cup championship match secured the second-highest position among sporting spectacles of the year based on US wagering participation.
