16 July 2010, JellyBean @ 5:31 pm

Leading bookmaker, Paddy Power, has today slashed the odds on China being the first country to establish first contact with extraterrestrial life following strong betting patterns in support of the East Asian giant.

China was available at odds of 6/1 for first contact before the weekend but has been cut into 4/1 second favourite following several large bets including one of €500.

The betting frenzy was sparked by reports on Friday of a UFO soaring across the night sky over South East China which forced Xiaoshan International Airport to ground several flights to avoid a collision.

While the Chinese government has remained tight-lipped, punters wasted no time backing China which has resulted in Paddy Power facing a payout in excess of €25,000 should they be proved correct.

The USA remains the bookies narrow favourite at odds of 3/1 with Ireland at 9/2 and Russia at 5/1. Paddy Power have also slashed the odds of extraterrestrial life being proven by 2013 from 100/1 to 33/1.

Which country will have First Contact?
3/1 USA
4/1 China (From 6/1)
9/2 Ireland (From 9/4)
5/1 Russia
8/1 England
10/1 Australia
12/1 Brazil
12/1 Spain
14/1 France
16/1 Germany
18/1 South Africa
20/1 Wales
25/1 Scotland

Aliens by 2013
33/1 Extraterrestrial Life proven by 2013

When will Alien Extraterrestrial Life be proven?
100/1 2010
80/1 2011
66/1 2012
50/1 2013
40/1 2014
33/1 2015
28/1 2016
25/1 2017
22/1 2018
20/1 2019
1/50 2020 or Later

Please visit Paddy Power for more information about this press release..

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