London Borough of Culture 2019-2020
There is hardly anything that you can’t bet on these days, and while the majority of punters stick to sports, some prefer more unusual choices, including culture awards, film awards and music awards. Mind you, as there isn’t that much interest for these bets, in some cases you may get pretty competitive and favourable odds and hundreds have already made quite a bit of cash on ‘Specials’, as these bets are usually called.
The Mayor of London is soon going to name the London Borough of Culture for 2019 and 2020 and bookies are already offering odds for the different participants. Instead of betting for each year separately, you can bet whether a particular borough will win either the bid for 2019 or the one for 2020.
At Coral, you can bet on whether a particular borough will win at least one of the bids. Waltham Forest is the favourite at odds 7/2, and it is followed Brent at 5/1 and Southwark at 6/1. Camden and Tower Hamlets are tied at 8/1, and Croydon (9/1) and Redbridge (10/1) follow closely. Next we have four boroughs tied at 12/1 – Islington, Lambeth, Barking and Dagenham and Bexley.
Hammersmith, Lewisham and Newham are all tied at 14/1, while the odds for Ealing, Havering and Kingston upon Thames are 16/1. Haringey is towards the bottom of the list, at odds 20/1, below is Enfield at 25/1 and Hounslow and Merton are the ultimate underdogs at odds 33/1.
As you can see, the odds aren’t too high, but even if you bet on the biggest favourite (Waltham Forest), you will still earn £70 with a wager of £20.
At Ladbrokes you will get the exact same odds as with Coral. Now, it may not make a difference at which betting site you place your wager, but it sure matters how much money you wager. A £10 bet on Camden will result in a £80 payout if Camden wins, whereas £10 on Hounslow will result in a £330 payment.
Generally, you could go with a lower amount if you’re betting on a borough that’s offered at greater odds, as it is a riskier bet, and wager more if you plan to back one of the leading boroughs. If you’re unsure and you feel that two or three boroughs have a fair chance of winning, then you could separate your planned bankroll into two or three parts and place few wagers.
For example, if you plan on wagering £20 and you feel that Brent, Tower Hamlets and Lewisham are the most serious candidates, then you could place £10 on Brent, £6 on Tower Hamlets and £4 on Lewisham, where your potential winnings would be £50, £48 or £56, not including the original stake.