Jedward's Eurovision bid has sparked one of the biggest gambles of all time Visit Ladbrokes Save For Later Posted by Bettingpro Staff 13 May 2011 Tweet Jedward are breaking Eurovision betting records Related Articles See all Eurovision Song Contest news Share it Pin It Bookmakers are reporting that almost half of all Eurovision bets are being place on John and Edward Grimes winning for IrelandJedward are responsible for the one of the biggest ever novelty public gambles according to Ladbrokes.The Twins have whipped entertainment and novelty punters alongside traditional sports bettors into a frenzy over the last week and a victory for the Irish twins could cost the betting industry half a million pounds. The bookies report that nearly half the bets taken on the entire contest are for Jedward alone with nearly £100,000 placed on the twins in the last week, forcing their price from 25/1 into 11/4. It's now accepted that they will start the live final as favourites and the bookies are expecting to take hundreds of live bets a minute online as punters watch the show in Dusseldorf and back contestants in running until the final result is known. Alex Donohue of Ladbrokes told Bettingpro: "We've never seen anything like this in the history of music and novelty betting. Jedward have captured the imagination of the general public.""A win for Jedward would knock us for six. We're now the unfamiliar position of cheering on Blue."Ladbrokes latest bettingEurovision winnerFrance - 6/4Ireland - 11/4Azerbaijan - 8/1UK - 9/1Estonia - 10/1Denmark - 16/1Finland - 16/118/1 Bar Read our Ladbrokes review Use code MAXIMUMBONUS to get £50 free at Ladbrokes Like Like Post to wall 290 Reads All Entertainment News Recent Entertainment Articles Eurovision Song Contest 2012 Guide - Spain25 May 2012Spain have the best draw and a powerful performer but they face an uphill struggle to win Eurovisio Eurovision Song Contest 2012 Guide - Ireland25 May 2012Jedward are back with another song for Eurovision but Waterline won't be a winner for the twins thi Eurovision Song Contest 2012 Guide - Romania25 May 2012Romania's Eurovision entry couldn't be more in keeping with the contest but the competition may hav Eurovision Song Contest 2012 Guide - Italy25 May 2012Italy have a very strong Eurovision entry but will their late song change be enough to see them go Eurovision Song Contest 2012 Guide - Serbia25 May 2012Serbia's Eurovision entry looks a certainty for a high finish with Zeljko Joksimovic's ballad sure Eurovision Song Contest 2012 Guide - Russia25 May 2012Russia are this year's novelty act at the Eurovision Song Contest but the odds suggest that the sin More Stories Recent Articles Eurovision Song Contest 2012 Betting – Sweden favourite for glory25 May 2012It is that time of year again in the world of music... it is Eurovision Song Contest this weekend! Aviva Premiership Grand Final Special Offer at Betfred25 May 2012Betfred have confirmed a double price payout promotion for Saturday’s Aviva Premiership Grand Final. USA v Scotland Tips Preview25 May 2012Scotland sign off for the summer with an international friendly in the United States on Saturday. Eurovision Song Contest 2012 Guide - Germany25 May 2012Germany's entry is one of the most professional of Eurovision 2012 but it Roman Lob's song Standing Republic of Ireland v Bosnia-Herzegovina Tips Preview25 May 2012The Republic of Ireland end their exile from international tournaments this summer, and they warm u Super League Magic Weekend Money Back at Betfred25 May 2012Betfred are running a money back promotion on all of the Super League Magic Weekend matches. More Stories Tags Eurovision 2011, Eurovision Song Contest, Jedward, Jedward Eurovision, Ladbrokes