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Bets Taken on Bitcoin Jump

Written by:
Guest
Published on:
May/24/2019

As Bitcoin continues to recover in the market, one bookie is projecting a fortuitous future for the world's most notorious cryptocurrency.


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SportsBetting.ag (www.sportsbetting.ag, Twitter: @SportsBettingAG) has set odds on the value of Bitcoin at year's end, and the number is a bit surprising.
 
Bitcoin price on December 31, 2019
Over 11,500
Under 11,500
 
The vigorish, or juice, on the prop bet is weighted toward the 'under' at -200. The 'over' is +150. This implies that the oddsmakers believe there is a 67 percent probability that Bitcoin will be below the 11,500 price at the end of 2019. 
 

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