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That is twice the usual margin for fixed-odds betting.
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The Tote will also keep its seven-year monopoly on pool betting (where stakes are pooled and the winners take the lot, minus taxes and an administration charge, as opposed to fixed-odds betting where the bookmaker bears the risk).
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It would be a major upset if Adele loses in either of the three major categories, according to posted betting odds.
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Depending on the results on the field, the gross profit margin on fixed-odds World Cup betting is 15% to 23%, according to a Ladbrokes spokesman.
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The task of providing trackside betting odds will now go to his former sidekick Tanya Stevenson, whom he had often referred to on air as "the female".
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Guys like that are betting against the odds.
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The betting is that the odds are going to get a lot longer.
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Ladbrokes, the betting agency, says the odds are on that the Pope will have a million followers by the end of the year.
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Colleague Monte Burke gives the best odds to the Miami Dolphins, who are also favored by sports betting websites.
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The idea of striking out on your own, accepting a significant amount of risk, betting on yourself to succeed like Bill Gates despite the odds against you, is not a decision to be taken lightly.
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Irish betting site Paddy Power had him moving up to 7-2 odds of getting the top slot, trailing only Iain Conn.
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Snai hopes for permission to start telephone betting by the end of October, and eventually to be able to offer odds on non-sporting events.
ECONOMIST: The numbers are up