Find Elon Musk Twitter Odds: BetOnline to Refresh Odds Offers Soon

Written by:
Aaron Goldstein
Published on:
Nov/14/2022

  • Elon Musk Twitter odds have been offered over the past few months

  • The acquisition of Twitter has now taken place but will the social media platform survive?

Oddsmakers jumped all over the opportunity to offer betting on Elon Musk and his interest in taking control of Twitter immediately following the billionaire's annnouncement that he intended to acquire the social media platform.  

Well it has finally happened after some back and forths.  Now the company's future is in doubt as Musk has pretty much terminated most of the top employees, including those responsible for security.  BetOnline was expected to refresh its Twitter and Elon Musk odds over the next couple of weeks.  After all, it's difficult to imagine not waking up to BetOnline's Dave Mason's posts updating everyone on the latest happenings at his company, insight that has only become available thanks to Twitter.

Current Twitter odds are mostly associated with former U.S. President Donald Trump.  They include Trump Return Tweet Word Bingo.  These appear by scrolling down.

The Twitter deal was said to be worth $44 billion in cash according to Reuters.

Shares of Twitter rose over 6% shortly after that news broke but Musk continued to sow doubt that the deal would ever take place throughout the summer months.  He was especially adamant when it came to explaining 'very suspicious' bot calculations.

"They still refuse to explain how they calculate that 5% of daily users are fake/spam! Very suspicious," he tweeted back on May 21.

On June 3, 2022, it was revealed that Twitter had cleared a pivotal US Antitrust review on the deal.  And, while approval was largely expected, the transaction is still subject to acceptance by Twitter shareholders as well as other regulatory reviews.

Shares were up just shy of 2% on this news June 3.

Elon Musk addressed Twitter employees for the first time in an hour-long meeting on Thursday June 16 saying he didn't care about being the social media platform's CEO, but expects people to listen to him regardless.

"I just want to make sure that the product evolves rapidly and in a good way."

On June 21, the Twitter board filed a document with the U.S. Securities and Exchange Commission that “unanimously recommends that you vote (for) the adoption of the merger agreement."

They also recommended that shareholders approve “the compensation that will or may become payable by Twitter to its named executive officers in connection with the merger”.

On July 8, 2022 Musk told Twitter he wants out of deal to buy it. Twitter responded that it will force him to close the sale.

Musk's lawyer claimed that Twitter is "in material breach of multiple provisions" of the original agreement, which was signed in April, according to a regulatory filing Friday evening.

"The Twitter Board is committed to closing the transaction on the price and terms agreed upon with Mr. Musk and plans to pursue legal action to enforce the merger agreement," Twitter board chair Bret Taylor said in a tweet Friday, echoing earlier statements by the company that it planned to follow through with the deal. "We are confident we will prevail in the Delaware Court of Chancery."

Twitter shares fell 6% on the news.

The deal officially closed on October 27, 2022.

“I have too much work on my plate that is for sure,” Musk said by videolink to a business conference on the sidelines of the G20 summit in Bali the weekend of November 12, 2022.

Did These Elon Musk Twitter Betting Props Pay Off?

Live Betting at BetOnline - Odds Updated Throughout the Day and Night as of November 14, 2022

Here were the previously posted odds.  Did you win?

Twitter Share Price on June 30th

Under 39.5 $

Over 39.5 $

-120

-120

Musk Twitter Takeover Share Price (Must Occur Before January 1, 2023 for Bet to be Valid)

Under 41.5 $

Over 41.5 $

-120

-120

Elon Musk Twitter Takeover Before January 1, 2023

No

-275

Yes

+185

Tesla Tie In

Shares of the electric car company, which is where Musk’s derives much of his wealth, sank more than 10 percent initially. 

On June 3, 2022, Musk said the electric carmaker needs to cut staff by around 10%.  The day prior he ordered all employees to return to their physical work locations (as opposed to a remote work environment) or otherwise risk losing their jobs.

Whether Tesla (TSLA) will suffer because Musk is preoccupied with Twitter remains to be seen but investors are certainly concerned.

Trump Reinstatement Odds Up Now

Former U.S. President Donald Trump was officially allowed back on Twitter November 20, 2022 but had not tweeted the hours following this news.  It remained to be seen if he would (though he certainly will at some point, we believe).  Currently, there are some legal concerns involving Trump's Truth Social media platform and whether he is able to patronize Twitter.

Sports Betting's odds on U.S. President Donald Trump having his Twitter account reinstated were initially as follows:

(American odds are listed first and the equivalent fractional odds are second)

Will @RealDonaldTrump Twitter ban be lifted by 12/31/22?

Yes:  +250  (5-2)

No:  -400  (1-4)

Of course, if Musk’s purchase isn’t completed by the end of 2022, then the odds would look much different for a 2023 Trump social reinstatement. Here are those projections:

Will @RealDonaldTrump Twitter ban be lifted by 12/31/23?

Yes:  +125  (5-4)

No:  -175  (4-7)

On May 10, 2022, Musk finally revealed he would allow the former US President back on the platform.

"I do think it was not correct to ban Donald Trump, I think that was a mistake," Musk said. "I would reverse the perma-ban. ... But my opinion, and Jack Dorsey, I want to be clear, shares this opinion, is that we should not have perma-bans."

Current Trump-Twitter tie-ins November 14, 2022:

First Official Trump 2024 Declaration on Twitter?

No

-240

Yes

+165

To Mention First

Musk/Twitter

-120

Biden

-120

Total Characters in First Tweet After Return?

Over 14.5 characters

-120

Under 14.5 characters

-120

Trump Return Tweet Word Bingo

I'm Back

+200

War

+250

Ukraine

+300

Joe Biden (Either)

+350

Russia

+350

Bird

+400

Elon (or Musk)

+400

Election

+400

Vote

+400

Freedom

+400

Speech

+400

Senate

+400

House

+400

China

+450

Inflation

+500

Unselect Committee

+500

Jobs

+500

Economy

+500

Mid-terms

+600

Pelosi

+700

Witch-hunt

+700

Jan 6th

+700

Kamala Harris (Either)

+700

Crazy

+800

Subpoena

+800

Sleepy Joe

+800

Sad

+1000

Ivanka

+1000

Melania

+1400

Hunter

+1400

Justice

+1400

Putin

+1500

Crooked Hillary (Or Hillary)

+2000

Mar-a-Lago

+2000

Impeach (Impeach/Impeachment)

+2000

Clinton

+2500

Tucker

+3500

Bernie

+4000

Pence

+4000

Tulsi

+5000

Majorie

+5000

Fascist

+10000

Insurrection

+10000

Oathkeepers

+10000

Proud Boys

+10000

Trump to Tweet Biden Within 24 Hours of Return?

No -400

Yes +250

To Tweet 'Biden' in Return Tweet

No

-600

Yes

+350

- Aaron Goldstein, Gambling911.com

Business/Financial News

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