The World Cup Penalty Payback offer reaped dividends for bet365 customers from the first match in the knockout stage and the online bookmaker could be looking at huge refunds over last the two weeks of Brazil 2014.
The Stoke-based bookmaker is giving cash refunds to customers placing bets on the outright winner of the World Cup if their selection is knocked out on penalties. Whoever dreamt up the offer to class bets as non runners if the team is eliminated in a penalty shoot out must have had their heart in their mouth as tournament favourites Brazil were held by Chile in the very first knock out match on Saturday.
Luckily for bet365, goalkeeper Julio Caesar pulled off two brilliant saves to help Brazil through to the quarter-finals after a nail biting shoot out which the hosts won 3-2. There was a similar story on Sunday when 10-man Costa Rica were taken to penalties by Greece and managed to prevail 5-3 and progress to the next round.
With 50% of the second round games played so far decided on a penalty shoot out, the internet bookie must be having concerns about the financial implications if games continue to be so closely contested. The offer is available throughout the remainder of the tournament until the World Cup final on 13 July and there’s a real prospect of bet365 having to refund on one or more of the heavily backed nations like Brazil, Argentina, Germany, Holland or France.
Bet365 odds to win World Cup outright:
Costa Rica 50/1