Tony Reyes
I acknowledge that cryptocurrency can be a delicate matter, regardless of the individual you speak to or your stance on the subject. Nevertheless, it is feasible to venture into the cryptocurrency market and anticipate the future of it.
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.
They provide a diverse selection of unique markets for gamblers, including some fascinating options.
Let’s delve into the cost of cryptocurrencies like Bitcoin and Ethereum.
End of year Bitcoin Price
I am aware that predicting the price of Bitcoin can be a fascinating topic for some, regardless of their personal beliefs on the matter.
Currently, oddsmakers have set the over/under props for the price of Bitcoin at $25,500.50 by the end of the year, making it an intriguing market to consider.
 |  |  |
|
| Over $25000.5 | -150 | -150 | -150 |
| Under $25000.5 | +105 | +105 | +105 |
This total is interesting because it’s a decrease of $2500 since last month.
Betonline.com previously set the over/under for the price of Bitcoin at $21,000.50 as recently as June.
For the past month, the price of Bitcoin has been over the $27,500.50 mark. There has been a slight decrease for the past two weeks.
₿𝗥𝗘𝗔𝗞𝗜𝗡𝗚: “The price of #bitcoin jumps +5% on massive news of court case win. An ETF could draw massive Wall Street adoption. Think about how much money could be sitting on the sidelines waiting.”pic.twitter.com/6BEkbQU2aP
— Documenting ₿itcoin 📄 (@DocumentingBTC) August 29, 2023
The price of Bitcoin has decreased by almost 4%, or $1400, in the past month. I estimate that below $25,000.50 is way 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 $25,000.50 number.
I recommend betting on over $25,000.50 for -150 at Betonline.
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.
New Binance CEO odds
| | |
|
| Yes | -200 | -200 | -200 |
| No | +150 | +150 | +150 |
Reading between the lines, oddsmakers speculate that Binance will be allowed to operate as long as they’re willing to sacrifice CEO Changpeng Zhao. Look at the odds for him to step down this year.
The odds for Zhao to step down are -200! The implied probability of -200 is 66.7%, indicating they believe this is more than likely.
Hear firsthand from @cz_binance at #TOKEN2049.
As the Founder and CEO of @binance, CZ is driven to build the best crypto exchange in the world. Binance is trusted by more than 150 million users globally.
Gain insights from him this September.https://t.co/mgbtR9omea pic.twitter.com/eLjw62foJm
— TOKEN2049 (@token2049) August 29, 2023
It makes sense that Binance would have to move on from Zhao after they were caught violating federal securities laws. I recommend betting him to step down this year at -200 on BetOnline.
Oddsmakers believe the company will continue to operate exactly as it used to.
End of year Ethereum Price
Another cryptocurrency market we can bet on is the price of Ethereum.
| | |
|
| Over $1600.5 | -150 | -150 | -150 |
| Under $1600.5 | +100 | +100 | +100 |
Oddsmakers have set the over/under the price of Ethereum at $1600.50.
Over $1600.50 is favored for -150, similar to the price of Bitcoin.
Digging deeper into the recent history of Ethereum, it has decreased by 7% and $140 in the past month.
It’s currently sitting at around $1700, which seems unlikely to dip below $1600. It hasn’t fallen that low in over four months.
I recommend betting over $1600.50 at -150 for Ethereum at Betonline.
These options are heavily favored; I recommend you see if you can parlay them.
If you parlay yes on the Binance CEO stepping down (-200) and yes on the Bitcoin increasing (-150) and Ethereum (-150), you can get to +316 odds.
That is another way of betting on favorites to ensure you get the best value from your bets.
Before placing bets on any event, we advise you to check out the top sportsbook bonuses available, which can be used to double your initial bankroll.
