Will oil prices
hit $100 per barrel - you bet
With oil prices getting close
to $100 per barrel, the bookmakers are posting odds on when it
rising oil prices are soon to hurt everyone's pocket, but the
odds makers are offering an alternative. The online betting
Bodog Sports has posted odds
and betting props on the oil and gas prices, giving bettors all
over the world a chance to get a free tank of gasoline (maximum
bet is $50). The numbers we are about to show you will either
make you laugh or send you to the nearest Prius dealership to
get one of those hybrid-electric vehicles.
At the bookie, the odds on when will the
price of oil surpass $100 a barrel favor the weeks Nov 30th -
Dec 6th and Dec 7th - Dec 13th, listed with odds 7/2 on barrel
of oil to trade above $100 on the New York Mercantile Exchange.
According to Bodog, it is highly unlikely to see the oil prices
go above the $100 mark before November 15th, odds at 11/2. Other
betting odds on the oil price per barrel include: what will be
the closing price of Oil on December 31st 2007, over $102.75 a
barrel listed at +250 and under $102.75 favorite with odds -400.
Have you ever wondered, while pumping
gas, when would you have to pay over $4 per gallon? Well, if the
bookmakers know anything about gas prices (which they don't),
the US National Average price par gallon of unleaded will not
reach the $4 mark this year. According to Bodog Sports, the odds
on this to happen are most favorable during the month of April
2008 posted at 3/1. When will you pay over $5 for a gallon of
gasoline - best chances are between April and June of next year
with odds 1/1. Visit
Bodog Sports to see the full
list of odds and betting props on the oil and gasoline prices.