You’re in luck if you’re unwilling to invest in cryptocurrency but want to make money off cryptocurrency. Because at Betonline.com, you can bet on the cost of Bitcoin and Ethereum.
We want to remind you that the best way to ensure you have all the necessary information before placing any bet is to check out the best sportsbook reviews.
A wide range of unique markets is available for gamblers, with several intriguing options. The first one I’d like to explore is the cost of cryptocurrencies like Bitcoin and Ethereum, and the next is if Elon Musk will sell Twitter by the end of the year.
Let’s take a look at these options at Betonline.com
Elon Musk sells Twitter
Elon Musk’s purchase of Twitter concluded on October 27, 2022, and had a tumultuous time as its CEO.
Many on both sides favored the change of ownership, and many were against the change.
This is an exciting opportunity to bet on because these odds are very speculative. Oddsmakers have suggested that Musk will keep Twitter and not sell it by Jan 1, 2024.
They’ve priced it at -400 on NO, suggesting an 80% chance he does not sell it. I am not as confident as oddsmakers.
I do not claim to know what Elon Musk will do, and I don’t know many who do know what he’s planning, but 80% certainty a billionaire will do anything seems unlikely.
The unpredictability of billionaire behavior has me believing there is great value here. The opportunity to bet on Musk selling Twitter at +250 odds is fantastic value.
Elon Musk wants to turn Twitter into a “digital town square.”
But his much-publicized Twitter Spaces kickoff event, with Florida Gov. Ron DeSantis announcing his run for president, struggled with technical glitches and a near half-hour delay. https://t.co/G6CV2ALrte
— The Associated Press (@AP) May 25, 2023
I can easily envision a scenario where Musk sells Twitter and moves on to the next thing that catches his eye.
I recommend betting on Musk to sell Twitter by years-end at a +250 price on Betonline.com.
Several websites are available for you to wager with; you can even choose to use the newest form of funds transfer, cryptocurrency. We have a list of the best betting sites that accept cryptocurrency as a payment method.
End-of-year Bitcoin Price
Another interesting market we can bet on is the price of Bitcoin by the end of the year.
Oddsmakers have set a price of $21,000.50 for the over/under props.
This is an intriguing price because Bitcoin currently sits at around $26,300 per coin.
Elon Musk, who helped fan the flames of the huge 2021 bitcoin and crypto bull run, has said he wouldn’t advise “anyone to buy crypto.” https://t.co/GLKV1Wcfys
— Forbes (@Forbes) May 25, 2023
For the past four months, the price of Bitcoin has been over the $21,000.50 mark. There have only been slight dips below that number, which always shoots up afterward.
The price of Bitcoin has increased almost 60%, or $9700 the past six months.
I estimate that below $21,000.50 is too low for Bitcoin to drop to.
The odds of -150 on the over indicates an implied probability of 60% chance it’s over the $21,000.50 number.
I recommend betting on over $21,000.50 for -150 at Betonline.
End of year Ethereum Price
Staying in the cryptocurrency arena, we can also bet on the price of Ethereum.
Oddsmakers have set the over/under the price of Ethereum at $1400.50.
Over $1400.50 is favored for -150, similar to the price of Bitcoin.
Digging deeper into the recent history of Ethereum, it has increased by 50% and $600 in the past six months.
It’s currently sitting at around $1800, and it seems unlikely to dip below $1400. It hasn’t fallen that low in over four months.
I recommend betting on the over $1400.50 at -150 for Ethereum at Betonline.
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