No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeTopicsBusinessWhat gamblers really won betting on Costa Rica

What gamblers really won betting on Costa Rica

For La Sele fans Costa Rica’s 3-1 win over Uruguay was a miracle, but for gamblers willing to take a risk on a long shot Costa Rica’s victory could have been a life changer.

According to OddsShark.com, on average sportsbooks set the odds of a Costa Rica win at +800, or slightly over 11 percent. At these odds, people who hedged their bets on a triumph for Costa Rica would have recouped eight times their investment.

After the game, rumors based on a fake story from a Costa Rica blog spread across the Internet saying that several gamblers won millions in Vegas betting on the exact score, but in truth sports books received very few bets on either side of the Costa Rica and Uruguay game.

The Tico Times interviewed representatives from two Costa Rica-based sports books, both chose to remain anonymous. According to the experts, Costa Rica and Uruguay’s general betting volume is lower than that of other countries, and the skewed odds deterred most of their customers from betting on the game at all, let alone placing large bets. The same is true of large international sports books.

According to Lee Phelps, a television and radio presenter with UK-based William Hill, one of the world’s largest  bookmakers, most of the company’s bets came in from Japan. The largest bet on Costa Rica came from a Russian who put €250 on Costa Rica at 15:2 odds and took home €1,875.

Trending Now

Cold Surge to bring stronger winds across Costa Rica

Costa Rica is set to experience another noticeable shift in weather conditions as Cold Surge #14 moves into the Caribbean Sea, triggering stronger winds...

US Entry Rule Changes Could Cost Billions in Tourism Losses

New rules for visa-exempt tourists heading to the United States may drive away millions of visitors and hit the country's economy hard. A recent...

Costa Rica Upholds Inmate Voting Tradition in Crime-Focused 2026 Presidential Race

Thousands of inmates across Costa Rica cast their ballots on Sunday, February 1, during the presidential and legislative elections, as authorities set up polling...

Alcaraz Beats Djokovic in Thrilling Australian Open Final

Carlos Alcaraz turned the tables on Novak Djokovic in a gripping four-set battle at the Australian Open final on Sunday, securing a 2-6, 6-2,...

Costa Rica’s president-elect takes cabinet post to manage transition

Costa Rica’s president-elect, right-wing politician Laura Fernández, was sworn in on Wednesday as chief of staff to organize the transfer of power, an unprecedented...

Laura Fernandez wins Costa Rica Presidency in the First Round

Laura Fernández won Costa Rica’s presidential election in the first round today, after early official results showed her clearing the 40% threshold required to...
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Travel

Latest News from Costa Rica