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Olympic flame bet winners

July 31st, 2012

After weeks of speculation about who would light the Olympic flame at Friday night's opening ceremony, it was a result that no one had predicted.

Bookmakers had been offering odds on a range of public figures lighting the cauldron, including various famous British Olympians such as Sir Steve Redgrave, Sir Roger Bannister, Dame Kelly Holmes and Daley Thompson, but the honour instead went to a group of seven young athletes who are tipped to be future stars.

The youngsters, each one nominated by a GB Olympic legend, lit the copper petals which set the cauldron alight and William Hill, Sky Bet and Betfred reacted by refunding all bets on the market, whilst other bookies paid out on Steve Redgrave, who ran into the stadium with the flame before handing it to one of the 'future stars'.

Best of all, and in the spirit of the games, Paddy Power, Bet365 and Ladbrokes all paid out on each of the 7 legends who were involved in the ceremony: Steve Redgrave, Mary Peters, Kelly Holmes, Daley Thompson, Duncan Goodhew, Lynne Davies and Shirley Thompson.

Redgrave had been odds on favourite at 4/7 before the event, but the likes of Thompson (25/1), Holmes (33/1) and Peters (50/1) had also been well backed and Paddy Power reported that the gesture cost them a six-figure sum.

It was an unbelievable end to what had been a spectacular show choreographed by film-maker Danny Boyle and the three-hour extravaganza viewed worldwide was deemed an overwhelming success.

Immediately after the ceremony William Hill offered 4/1 on Boyle being knighted in the New Year's honours list, but that price was quickly snapped up and the odds have now been slashed to just Evens (TV/Specials > New Year's Honours).

Current Bookmaker Offers and Refunds

  • Goalscorer 2nd Chance: Refund of losing First Goalscorer bets, as a free bet up to £50, if your player scores the second goal - with William Hill

  • Bore Draw: Refund of ALL losing Correct Score, Half-Time/Full-Time and Scorecast bets on ANY football match that finishes 0-0 - with Bet365

  • Channel 4/1 offer - Back a winner at 4/1 or more in a race televised live on Channel 4 and get a free bet of the same stake on the next televised race. If your free bet also wins at odds of 4/1 or more, you also qualify for a free bet on the next televised race and so on - with Bet365

  • Premier League Late Loser Insurance: Refund of losing Correct Score & Scorecast bets, up to £25, if the bet is winning at the 85th minute - with Coral

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