Old Firm bank pays eight per cent interest on season-long investment
BOTH OLD Firm members are the biggest certainties to win their respective divisions in football betting history, according to Ladbrokes.
The bookies have never offered odds as short as the 1/20 chalked up about Rangers Newco winning the Scottish Third Division or the even shorter 1/33 about Celtic taking the SPL.
Those odds haven’t acted as a deterrent yet however, with the double paying 1/12, or offering an eight per cent return on a season-long investment.
Rangers are also just 1/16 to secure successive promotions to the SPL.
Alex Donohue of Ladbrokes said: “We’ve never known odds as short as this in football. If either fail to win their divisions next season there will be an uproar.”
He added: “Given the current state of the banks many view the Old Firm as a safer investment.”
Ladbrokes latest betting
2012/13 SPL winner
Celtic 1/33
The field 9/1
2012/13 Scottish Third Division winner
Rangers 1/20
The field 8/1
Rangers to achieve successive promotions to the SPL 1/16