Olympics Betting: It'll be 19 gold medals or fewer for Team GB...

Will 2012 be a damp squib for Team GB?

...say the Betfair markets following the first three days of Olympics action

"Twenty-six golds and over is now available to back at 17.016/1 with 19 and Under a strong favourite at 1.824/5; 20-22 is 4.57/2 and 23-25 5.59/2."

Betfair customers are predicting a poor Olympics for Team GB after the host nation's slow start to the Games.

Pre-Olympics debate suggested that the feverish home crowds would spur the Brits on to greater glory than 2008 in Beijing, where GB finished fourth in the medal table with 19 golds.

But the early failures of strongly fancied cyclist Mark Cavendish, divers Tom Daley and Pete Waterfield, swimmers Becky Adlington and Hannah Miley to secure gold - the four have just one bronze between them - has seen the Betfair markets react since 26 gold medals and over was backed at a low of evens.

That high quote is now available to back at 17.016/1 with 19 and Under a strong favourite at 1.824/5; 20-22 is 4.57/2 and 23-25 5.59/2.

In the main medal table battle China are the 1.558/15 favourites to win most golds ahead of USA (2.6813/8). As of midday on July 31, China boast nine gold medals to USA's five.

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