WILLIAM HILL rate Team GB & NI as 8-1 shots to win gold at the 2012 Olympics.
The bookies think at least 12 squad members will be English and it is there are more Scottish players than Welsh (5-4).
The current favourite to manage the team is Gareth Southgate at 7-2 with Martin O’Neill 7-1 and David Beckham 20-1.
Meanwhile, Beckham will take charge of the newly-formed team according to Ladbrokes. He's their 7-4 favourite ahead of Stuart Pearce (7-2), David Moyes (6-1) and Kevin Keegan (20-1).
It's 5-1 the team win gold and Jack Wilshere is 9-2 to wear the captain's armband for the first game.
McBookie.com spokesman Paul Petrie said: “Despite assurances from FIFA, there is always the chance a Team GB could have an impact on the Scottish national team and we think that risk would be too big to persuade a Scot to take part.
“We certainly hope this is a price we have correct as we are very much in the No Team GB camp.”
William Hill specials
Team GB & NI: 8-1 Gold, 6-1 Silver, 5-1 Bronze.
England players in Team GB & NI 23-man squad: 8-11 Twelve or more, 1-1 Eleven or less.
Squad to include a Northern Ireland player: 1-4 Yes, 11-4 No.
Manager: 7-2 Gareth Southgate, 6-1 Stuart Pearce, 7-1 Martin O Neill, 8-1 Noel Blake, 9-1 Brian Flynn, 10-1 Billy Stark, 10-1 Steve Beaglehole, 11-1 Mark Hughes, 14-1 Billy Davies, 14-1 Glenn Hoddle, 16-1 Harry Redknapp, 20-1 Sir Alex Ferguson, 20-1 Beckham, 20-1 Ray Wilkins, 25-1 Arsene Wenger, 25-1 Sven Goran-Eriksson, 25-1 Kevin Keegan, 25-1 Terry Venables.