JOHANNESBURG (Reuters) -- Argentina have become the bookies' favourite to win the first World Cup on African soil, after two clear wins in their opening matches while their closest competitors have failed to impress.
Bookmaker William Hill said England's lacklustre goalless draw with Algeria on Friday was one of the most profitable matches involving the national team ever as fans lost money on bets for them to win in Cape Town.
"The game against Algeria was probably the biggest winning match involving England for us ever -- we made an absolute fortune," said William Hill spokesman Graham Sharpe.
"On that match I estimate that the British bookmaking industry made $14.8 million," he added.
Sharpe said the overall turnover may be affected if England, who meet Slovenia on Wednesday in their last group match, do not qualify for the second round.
"What will happen is that overall turnover will go down," he said. "British punters will lost interest in the World Cup if England go out."