South Africa have emerged as the top bet to win the Rugby World Cup 2023 by oddschecker users.
In the wake of the first matchday of the Rugby World Cup, South Africa has solidified its position as the punters' favourite on oddschecker to win the tournament.
At present odds of 11/4, a significant 27% of all bets placed in the outright market are backing South Africa to reclaim the World Cup title.
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Ireland and France complete the top three in betting popularity, securing 15% and 12% of total bets, priced at 5/1 and 3/1, respectively.
Starting the tournament at 7/2, the Springboks have seen their odds shrink to just below 3/1 in light of their 18-3 triumph over Scotland. Interestingly, this backing isn't a sudden trend; South Africa led the charge on oddschecker even before the first whistle, raking in 25% of all pre-tournament outright bets.
Hosts France closely trails South Africa, positioned by bookmakers as the second-favourite at 3/1, especially after their impressive opening night win against New Zealand.
Ireland, being the second-most backed on oddschecker since the tournament began, stands at odds of 5/1. However, the true gauge of their championship mettle will be their highly anticipated clash against South Africa on 23rd September.
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New Zealand, who were the second-most backed pre-tournament (15% of total bets), are currently 9/2 third-favourites in the betting market - having begun the tournament as 3/1 favourites.
England showed their resolve with a gritty victory over Argentina in Week 1; however, bookmakers do not fancy Steve Borthwick's side who are priced at wide odds of 12/1 to lift a second World Cup.
Quote from oddschecker spokesperson, Leon Blackman: "The pre-tournament betting trends on oddschecker have largely persisted through the opening round of pool matches.
"South Africa, which was the most favoured bet ahead of the tournament, has only seen its popularity surge following their decisive victory over Scotland.
What's striking is that the bookmakers seem to have narrowed their focus to four teams they believe are front-runners: South Africa, France, New Zealand, and Ireland, all priced between 3/1 and 5/1. England, in contrast, trails a bit with odds hovering around 10/1."
| World Cup Winner | Best Odds Available | Implied Chance Of Winning | % of total bets since the tournament began |
|---|---|---|---|
| South Africa | 11/4 | 26.7% | 27.1% |
| France | 3/1 | 25% | 12.1% |
| New Zealand | 9/2 | 18.2% | 9% |
| Ireland | 5/1 | 16.7% | 14.7% |
| England | 12/1 | 7.7% | 10.2% |
| Australia | 14/1 | 6.7% | 3.8% |
| Wales | 50/1 | 2% | 5% |
| Scotland | 100/1 | 1% | 6.5% |
