Despite winning their first game, the GWS Giants are still favourites to win the wooden spoon, drifting from $1.10 to $1.62 after Saturday’s win with online bookmaker sportsbet.com.au.
Gold Coast have been the big movers after their surprise loss, firming from $10 to $3.00 while the winless Melbourne Demons have also firmed significantly from $17 to $4.50.
Port Adelaide have also moved from $67 to $16, while the Brisbane Lions are into $101 from $501.
“The market suggests that GWS will still claim the spoon and 90% of all spoon betting has been on them, but the fact that they have a win on the board has seen some of the other weaker teams come in,” said sportsbet.com.au’s Shaun Anderson.
“When you have two teams who are yet to win a game like Melbourne and Gold Coast, they have to be looked at very closely as a legitimate chance to win the spoon. But $1.62 is easily the longest odds the Giants have been, so there could be some more interest in them.”
One punter in particular will be keeping a close eye on the Giants, placing a bet of $20,000 at $1.30 for them to win the spoon when the market first opened last year.
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AFL Wooden Spoon Betting
(Prices in brackets from 7th May)
$1.62 GWS (out from $1.10)
$3.00 Gold Coast (in from $10)
$4.50 Melbourne (in from $17)
$16 Port Adelaide (in from $67)
$101 Brisbane (in from $501)