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Jedward's Eurovision bid has sparked one of the biggest gambles of all time

Jedward are breaking Eurovision betting records
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Bookmakers are reporting that almost half of all Eurovision bets are being place on John and Edward Grimes winning for Ireland

Jedward 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 betting

Eurovision winner

France - 6/4
Ireland - 11/4
Azerbaijan - 8/1
UK - 9/1
Estonia - 10/1
Denmark - 16/1
Finland - 16/1
18/1 Bar

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Jedward's Eurovision bid has sparked one of the biggest gambles of all time

Bookmakers are reporting that almost half of all Eurovision bets are being place on John and Edward Grimes winning for Ireland

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