Punters stake £100m on Adelaide Test

The unprecedented twists and turns of the final day of the second Test were reflected by some extraordinary gambles as bookmakers took an estimated £100m on the outcome, including six-figure sums on the draw at long odds-on. The betting exchange Betfair alone saw £18.2m traded on the Test, with Australia backed at odds as high as 49-1 on the final morning.

Betfair punters staked £12,187 on the draw when the price stood at 1-50 in the hope of winning a mere £243 between them - and lost. Conversely, almost £600 was wagered on Australia at prices between 46-1 and 49-1 to earn those backers just under £30,000.

The momentum of the day changed, in betting terms, after Ian Bell and Andrew Strauss's wickets both fell quickly before Shane Warne bowled Kevin Pietersen. The odds on an Aussie win plummeted to 9-2, and when Ashley Giles went, the hosts became favourites for the first time since the opening day, and never looked back.

The story was given a quirky footnote yesterday when racing proved an uncanny echo of events in Adelaide. A horse called Warne's Way in the 12.40 at Fontwell confounded its price of 9-2 to romp home as the winner, while at the same course in the 1.40, a horse called Flintoff, which vied for favouritism before the off, could only manage second place like its namesake and part-owner.

Ashes betting: Gamblers' googly

How the day unfolded on Betfair:

Start of play: Aus 16-1, Eng 94-1, draw 1-14.

After England's steady start: Aus 49-1, Eng 329-1, draw 1-50.

After Strauss out: Aus 23-1, Eng 359-1, draw 1-25

After Bell out: Aus 14-1, Eng 99-1, draw 1-5.

After Pietersen out: Aus 9-2, Eng 99-1, draw 2-9.

After Flintoff out: Aus 13-8, Eng 59-1, draw 8-13.

After Jones out: Aus 11-10, Eng 44-1, draw evens.

After Giles out: Aus 10-11, Eng 43-1, draw evens.

Australia then remained odds-on for most of the day, with their price contracting as the run chase unfolded. They became unbackable when Australia needed only 17 runs for victory.

Voices
voicesGood for Lana Del Rey for helping kill that myth, writes Grace Dent
News
The University of California study monitored the reaction of 36 dogs
sciencePets' range of emotions revealed
Life and Style
fashion Designs are part of feminist art project by a British student
Arts and Entertainment
The nomination of 'The Wake' by Paul Kingsnorth has caused a stir
books
PROMOTED VIDEO
Have you tried new the Independent Digital Edition apps?
Arts and Entertainment
The Tour de France peloton rides over a bridge on the Grinton Moor, Yorkshire, earlier this month
film
News
Snoop Dogg pictured at The Hollywood Reporter Nominees' Night in February, 2013
people... says Snoop Dogg
News
i100
Life and Style
food + drinkZebra meat is exotic and lean - but does it taste good?
Arts and Entertainment
Residents of Derby Road in Southampton oppose filming of Channel 4 documentary Immigration Street in their community
tv
Voices
voicesSiobhan Norton on why she eventually changed her mind
News
i100
Extras
indybest
Sport
Scottish singer Susan Boyle will perform at the Commonwealth Games opening ceremony in Glasgow
commonwealth games
Arts and Entertainment
Dwayne 'The Rock' Johnson stars in Hercules
filmReview: The Rock is a muscular Davy Crockett in this preposterous film, says Geoffrey Macnab
Life and Style
tech
Caption competition
Caption competition
Latest stories from i100
Daily Quiz
Have you tried new the Independent Digital Edition apps?
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

Career Services

Day In a Page

Noel Fielding's 'Luxury Comedy': A land of the outright bizarre

Noel Fielding's 'Luxury Comedy'

A land of the outright bizarre
What are the worst 'Word Crimes'?

What are the worst 'Word Crimes'?

‘Weird Al’ Yankovic's latest video is an ode to good grammar. But what do The Independent’s experts think he’s missed out?
Can Secret Cinema sell 80,000 'Back to the Future' tickets?

The worst kept secret in cinema

A cult movie event aims to immerse audiences of 80,000 in ‘Back to the Future’. But has it lost its magic?
Facebook: The new hatched, matched and dispatched

The new hatched, matched and dispatched

Family events used to be marked in the personal columns. But now Facebook has usurped the ‘Births, Deaths and Marriages’ announcements
Why do we have blood types?

Are you my type?

All of us have one but probably never wondered why. Yet even now, a century after blood types were discovered, it’s a matter of debate what they’re for
Honesty box hotels: You decide how much you pay

Honesty box hotels

Five hotels in Paris now allow guests to pay only what they think their stay was worth. It seems fraught with financial risk, but the honesty policy has its benefit
Commonwealth Games 2014: Why weight of pressure rests easy on Michael Jamieson’s shoulders

Michael Jamieson: Why weight of pressure rests easy on his shoulders

The Scottish swimmer is ready for ‘the biggest race of my life’ at the Commonwealth Games
Some are reformed drug addicts. Some are single mums. All are on benefits. But now these so-called 'scroungers’ are fighting back

The 'scroungers’ fight back

The welfare claimants battling to alter stereotypes
Amazing video shows Nasa 'flame extinguishment experiment' in action

Fireballs in space

Amazing video shows Nasa's 'flame extinguishment experiment' in action
A Bible for billionaires

A Bible for billionaires

Find out why America's richest men are reading John Brookes
Paranoid parenting is on the rise - and our children are suffering because of it

Paranoid parenting is on the rise

And our children are suffering because of it
For sale: Island where the Magna Carta was sealed

Magna Carta Island goes on sale

Yours for a cool £4m
Phone hacking scandal special report: The slide into crime at the 'News of the World'

The hacker's tale: the slide into crime at the 'News of the World'

Glenn Mulcaire was jailed for six months for intercepting phone messages. James Hanning tells his story in a new book. This is an extract
We flinch, but there are degrees of paedophilia

We flinch, but there are degrees of paedophilia

Child abusers are not all the same, yet the idea of treating them differently in relation to the severity of their crimes has somehow become controversial
The truth about conspiracy theories is that some require considering

The truth about conspiracy theories is that some require considering

For instance, did Isis kill the Israeli teenagers to trigger a war, asks Patrick Cockburn