£6.3 million traded on Smarkets for match winner market in Cardiff

£6.3 million traded on Smarkets for match winner market in Cardiff

Monday, June 5, 2017 Posted by Luke Massey
Real Madrid beat Juventus to retain their Champions League title

Customers on Smarkets traded £6.3 million on the winner market and around £2.5 million for other match markets, as Real Madrid retained their Champions League title in Cardiff.

In the days leading up to the match, the betting exchange predicted an even final, with an implied 36% chance for a Real Madrid win inside 90 minutes and 33% for Juventus. This gap was slightly wider as the match kicked off, but the market reached parity during the opening quarter as Massimiliano Allegri’s side made a bright start in the Welsh capital.

However, the 20th minute saw the first key market fluctuation across the 90 minutes, as Cristiano Ronaldo’s opening goal took the implied chance of victory for Los Blancos above 60%. Despite levelling at 1-1 through a fine Mario Mandzukic volley, thus reducing Real’s chances to less than 40%, Juventus couldn’t reach their match-high 35% chance from around the 10-minute mark.

The implied chance of a draw took the market lead for the first time after the break, climbing as high as 45% before Zinedine Zidane’s side struck a decisive double blow. A deflected shot for the Brazilian Casemiro shortened Real’s odds to around 2/5, before Ronaldo duly returned with his 105th Champions League goal in the 64th minute, stretching the probability of his side prevailing to 95%. Substitute Marco Asensio rounded off a record 12th triumph for the new La Liga champions.

Pascal Lemesre, press officer at Smarkets, told TotallyGaming.com: "All three outcomes were closely matched in the run-up and after kick off. Juve quickly pegged back Madrid in the first half and were briefly trading at a better price than the eventual winners given their strong first-half display. However, once Real regained the lead through Casemiro they never looked back."

Totally Gaming says: Smarkets saw a huge amount of money traded on the Champions League final in Cardiff. Despite a bright start at the Principality Stadium, Italian champions Juventus only briefly matched their Spanish counterparts in the match winner market, before goals from Casemiro, Asensio and a second for Ronaldo took Real to a 12th title.

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