British supporters shelled out a massive £240 million (nearly $300 million) wagering on their national team during the 2022 Qatar World Cup. New data from Worldpay indicates England topped the charts for bets placed throughout the competition. The frenzy hit its zenith during their match against France, as enthusiasts laid down wagers at a rate of 11,000 per minute!
The surge wasn’t limited to digital platforms. English pubs witnessed a 200% jump in revenue during the World Cup, processing a colossal 600,000 transactions. To illustrate the magnitude, this figure is triple the amount typically seen on a standard Saturday evening.
Although England’s campaign concluded in heartbreak, the final showdown between France and Argentina emerged as the most wagered-on game of the entire tournament. At its peak, supporters were placing an astounding 11,500 bets every minute, amounting to £2.8 million in transactions and exceeding £5 million in authorized value.
The statistics also unveiled a 30% rise in overall payment value for FIS (Worldpay’s parent company) in comparison to the 2020 Euros, reaching a substantial £6.78 million on game days.
With the football calendar in full flow and a bustling festive period approaching, pubs and bookmakers are optimistic this trend will persist.
Ensuring flawless payment systems is paramount for wagering platforms, particularly amidst the global soccer tournament frenzy. GeoComply’s findings corroborate this, revealing that the championship match secured the second-highest position for American gambling activity this year – users demand a frictionless encounter, and this differentiator will distinguish the top-tier providers.”
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