Oil Betting Odds - WagerWeb.com Bettors Predict U.S. Price Per Gallon, Barrel
San Jose, Costa Rica - August 9, 2006On the heels of the closing of the BP pipeline in Alaska, the Middle East conflicts, as well as a looming holiday weekend,
WagerWeb.com, posted odds today asking bettors to predict the future of oil prices and trade for the United States. WagerWeb is one of the Internet's largest betting sites offering odds surrounding the hottest issues in worldwide, entertainment and sporting news.
"Whether betting on the climate, celebrity happenings, legal cases or the short term future of the oil industry, our bettors want to wager on what they see and hear in the news everyday," says Dave Johnson, CEO of WagerWeb.com. He adds, "In a way, we are polling our bettors' just like newspapers or online magazines do," suggesting that betting trends on WagerWeb.com portray the opinions of the general public. Additionally, the odds ask bettors which country would be the first to stop exporting its oil to the United States. Odds are currently posted as follows:
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Will the price of crude oil hit $100 per barrel before December 31st, 2006? (source: NYMEX)
Yes
+300
(3 to 1)
No
-400
(1 to 4)
Will the United States' average national price of regular gasoline hit $4 per gallon before December 31st, 2006?Yes
+300
(3 to 1)
No
-400
(1 to 4)
Which will be the first country on the list to halt crude oil exports to the United States?Venezuela
-300
(1 to 3)
Nigeria
+400
(4 to 1)
Saudi Arabia
+600
(6 to 1)
Mexico
+800
(8 to 1)
Angola
+1000
(10 to 1)
Ecuador
+1200
(12 to 1)
Algeria
+1400
(14 to 1)
Kuwait
+2000
(20 to 1)
United Kingdom
+3000
(30 to 1)
Canada
+4000
(40 to 1)
Field
+5000
(50 to 1)
About WagerWeb WagerWeb.com, founded in 1997, is a privately held, offshore online gaming company, fully licensed and located in San Jose, Costa Rica. With nearly 10 years of experience, innovation and gaming technology, Wagerweb.com features a sportsbook, a racebook and casino including poker, and has accepted more than 59,000,000 wagers since the company's launch.
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Media Contact: Dan Grody
Tellem Worldwide
310.479.6111
dgrody@tellem.com
---
by WagerWeb PR at
1800-sports.com on August 9, 2006
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