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UK based betting and online sports gambling consultants have estimated that around $5 billion will be wagered on the World Cup soccer tournament worldwide. And the rapidly changing odds have kept gamblers and bookies on their toes. The odds on various matches seem to be changing at the blink of an eye.

In fact several bettors were backing the Dutch odds at 14/1 to win the World Cup. But with the outstanding performances of Arjen Robben and Wesley Sneijder in the Champions League and the regained fitness of key man Robin van Persie have brought the odds to 9/1 that Netherlands will take the trophy in Johannesburg on July 11. As the tournament goes on, bettors are looking for other winners. At present the fan favorites seem to be Brazil, Spain, Argentina and Holland. But this could change if England puts on a good show in South Africa.

Reuters conducted a poll and 31% believe that Brazil will win the World Cup and just 9% think that Argentina will be the winners. Brazil received 34% votes from a poll among the South Africans. The other top ten teams who have gained votes for being the possible winners of the World Cup included Spain (8%), Germany (7%), Italy (6%), England (4%), France (3%) and both Portugal and Australia at 1%.

As the tournament moves forward a huge amount of bets are expected to be made. And with the growing popularity of online sports betting in many parts of the world, wagers are bound to reach astounding proportions. The advancements in technology allow bettors to keep track of latest wins and losses during the entire event. Information on the teams, their performances, best players, their strengths and weaknesses are all available online 24/7. Bettors can make well informed betting decisions and make the most of the other special bonuses and promotions offered by the online sportsbooks as well.