Stan James cut England from 11/5 to 2/1 for the Ashes and eased the Baggy Greens to 4/5 from 8/11 after their extraordinary loss to Sri Lanka in this morning's 1st ODI.
Head of PR Charlie McCann: " Andrew Strauss and the rest of the England camp probably haven't stopped laughing at the latest loss by Australia to Sri Lanka in today's 1st ODI where they snatched defeat from the jaws of victory. Today's reverse was their sixth successive across all formats of the game and if England have a good series of warm up games beginning in Perth on Friday it is possible that there will be little in the betting between the sides before the first ball is bowled in Brisbane on the 25th."
Ashes Series: Prices from StanJames.com
Australia 4/5 (from 8/11)
England 2/1 (from 11/5)