Rugby World Cup 2019: Punter bets $100,000 on All Blacks taking out Ireland

One punter has bet $100,000 on the All Blacks coming out victorious over Ireland on Saturday, the TAB says. 

He appears to have full faith in Kiwi side, placing the bet at odds of just $1.19 which means he stands to win less than one-fifth of his investment - $19,000 -  in profit should they win. The odds on the Kiwis are now $1.21 compared to Ireland's $4.10. 

The Rugby World Cup quarterfinal in Tokyo will be a must-watch as New Zealand takes on the Irish, who were until recently the top team in the world with two recent victories over the All Blacks. 

Despite being ranked fourth in the world, the Irish have failed to progress past the quarter-final stage in all eight Rugby World Cup tournaments. 

Another Kiwi put $50,000 on the All Blacks to win the tournament when the odds were $2.25, which the TAB says the third bet of this size on the Kiwis. After the All Blacks, the best odds are for South Africa to take the cup home, followed by England. 

Players Sevu Reece and Beauden Barrett are currently leading the betting agency's odds for who will put down the opening try. Reece has four tries in his last four All Blacks games while Barrett has 10 in his last 18.

TAB says 70 percent of all bets are on the All Blacks.

Join us at 11:15pm Saturday for live updates of the All Blacks v Ireland Rugby World Cup quarter-final.