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Football World Cup 2002: Germany cause carnage on the spreads again.

Byline: Bruce Millington

MANY spread punters were raising a glass of liebfraumilch to the skies last night to toast Germany for the second time in the tournament.

The Germans will never be the most popular team in the UK but their fan base among spread punters is increasing at a rapid rate.

Rudi Voller's side took the firms to the cleaners by caning Saudi Arabia 8-0 in their first game and they repeated the treatment yesterday as they played their part in the biggest bookings make-up in spread betting history.

Germany and Cameroon each picked up

seven yellow cards and a red during a stormy encounter in Shizuoka. The cards make-up of 190 broke the previous record, set in an Old Firm derby two seasons ago, by 15 points.

The final result was a 2-0 win for the Germans, which eliminated Cameroon and brought Sporting Index to their knees.

"It was an appalling game," winced the firm's Erik Andreasson. "First we have our worst ever result on the Germany-Saudi Arabia game and now we have our worst ever bookings result.

"We opened at 42-46, which rose to 50-54 at kick-off, and we kept the price deliberately low in the belief that people would come on to take a profit, which few did.

"The position just got progressively worse, and to make matters worse, we had one of our biggest clients come on to buy Germany's

tournament goals for pounds 25,000 just before the Saudi game. The price is now around seven points higher than he bought at."

But Sporting's rivals dodged the bullet, much to their relief.

"If I had woken up and been told there would be a bookings make-up of 190 in one game and that the bookings and the shirts would both have been over a ton in another, I would have stayed in bed," said IG's Patrick Jay.

"Fortunately, we had seen a lot of sellers of the highest bookings make-up at 125, so the bookings frenzy was actually good news."

Cantor's David Garbacz commented: "It has been a great day, not in terms of profit made but in terms of avoiding carnage."

nSpreadwise, pages 82-85
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002 Gale, Cengage Learning. All rights reserved.

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Title Annotation:Sports
Publication:The Racing Post (London, England)
Date:Jun 12, 2002
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