Ashes battle has bookies in waging bet mode

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London, July 8 (ANI): The epic cricket battle between England and Australia has sparked a deluge of wagers.

Betting exchange Betfair said it alone could take 200-million-pounds in stakes from punters all over the world.

Another betting outfit - Corals-predicted 100-million pounds of bets as the series gets under way in Cardiff.

The Aussies are odds-on favourites but England have shot in from 4-1 to 7-4 after a flood of patriotic punts, reports The Sun.

Ladbrokes reported taking ten times as many bets on England, captained by Andrew Strauss, as on Aussie skipper Ricky Ponting's men. (ANI)