William Hill reported that many punters are betting on how many medals the British team will win.

 

They are offering 5/6 that they come home with 12 or more gold medals and 5/6 with 34 or more medals of any colour.

 

Hill's spokesman Graham Sharpe said: "At the moment punters are optimistic that the Brits will have a decent Olympics and most of the money is for the team to do well."

 

Amongst the team members fancied to contest gold medals, they make Philips Idowu 5/4 favourite to win the triple jump, Paula Radcliffe is 6/1 to win the marathon, Christine Ohuruogu 12/1 for the 400m with team-mate Nicola Sanders 40/1.

 

The bookmaker also make tennis player Andy Murray 16/1 to win the Olympic singles gold and 25/1 to team-up with brother Jamie for Doubles Gold.

 

Teenage diving sensation Tom Daley is 8/1 to win individual gold and 10/1 to win the synchronised event with his partner Blake Aldridge and 50/1 to win both.

 

World boxing champion boxer Frankie Gavin is 2/1 to follow up with Olympic gold.