What if I told you that you could make money on the stock market without buying or selling one share of stock?
You most likely would tell me I’m out of mind, but on Betonline.com, you can bet on the price of specific stocks like Annheuser-Busch (BUD) or even Tesla (TSLA).
We’d like 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.
Let’s go ahead and break down some of the popular stock prices and items we can bet on.
Let’s turn our attention to the well-known beer producer, Anheuser-Busch (BUD), which currently sold some of the microbreweries it owns.
|BUD Share Price August 31st at Close|
|Under 57.5 $||-140||-140||-140|
|Over 57.5 $||+100||+100||+100|
In an exciting move, Anheuser-Busch sold popular craft beverage brands Shock Top and Blue Point to Tilray.
Bud Light owner Anheuser-Busch is selling eight beer and beverage brands, including Shock Top and Blue Point, to cannabis company Tilray https://t.co/oqiHBk8WE8?
— The Wall Street Journal (@WSJ) August 7, 2023
Let’s examine the stock price and its performance in the past month. Despite all the enthusiasm over the mistakes that Anheuser-Busch has made as a company, the stock has increased 1.14% in the past month.
BUD is currently trading at $56.84, and the oddsmakers have set a price of $57.50. If you believe it will be under that amount, the price is -140.
-140 odds indicate an implied probability of 58%. I am very intrigued by this price. BUD has traded higher than $58 several times this past month, so I can see a scenario where the over cashes at +100 odds.
I will buck the trends and the mainstream and state that at the end of the month, BUD trades at more than $57.50.
I recommend betting on OVER $57.50 at +100 odds 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.
Moving on, we delve into the distinctive realm of the Tesla share market. This particular market stands out for its inherent unpredictability, with the stock price of Tesla showcasing a notable degree of volatility.
As Tesla shares soared, his estimated fortune peaked at around $340 billion in November 2021. https://t.co/xVFAiCSMbR
— Entrepreneur (@Entrepreneur) August 7, 2023
They are betting on whether the price will surpass or fall below the designated threshold of $246.50 offers limited value due to the intricate nature of this stock’s fluctuations.
|Tesla Share Price August 31st at Close|
|Under 246.5 $||-120||-120||-120|
|Over 246.5 $||-120||-120||-120|
Tesla’s stock performance has proven remarkably unstable, declining $24.45 the preceding month. By reflecting this uncertainty, Oddsmakers appear to be cautious about making forecasts concerning its future trajectory.
In addition to its recent monthly decrease, the stock has drastically dropped $15.69 within the past week.
Navigating this stock’s unpredictable nature can be challenging, typically warranting a cautious approach. However, I’m more than happy to venture a prediction in the present scenario.
My inclination leans towards placing a wager on the TSLA Share Price falling below $246.50 come August 31st.
I recommend betting on Under $246.50 at -120 odds at BetOnline.
A gallon of Gas US National Avg on Aug 31st
Now we move on to another unique market that affects everyone—the cost of a gallon of gas.
|Gallon of Gas US National Avg on August 31|
|$4.25 or Higher||+1600||+1600||+1600|
Beyond the customary over/under option, this market provides an array of seven intriguing alternatives for us to explore. Before we delve into our forecasts, let’s examine the current price of a gallon of gas, which stands at $3.83 on August 10th.
The average gas gallon price rose by 30 cents over the past month despite a falling inflation rate. https://t.co/jBKTo89opo
— Newsweek (@Newsweek) August 5, 2023
A notable advantage in our favor is that each selection we make will yield plus-money odds, an appealing bonus in betting. Peering further into this market, just a month ago, the cost of a gallon of gas hovered slightly above $3.54.
While it might not be immediately evident, the oddsmakers are projecting the cost of a gallon of gas to stay around the same price by the end of the month.
The $3.75 to 3.99 range is the most likely outcome. Oddsmakers have priced this at -110, which is the most likely to occur.
The implied probability of this price is around 52%. I can envision an increase in the cost of gas, but not to the $4.00 mark.
I recommend betting on the gas price to be between $3.75-3.99 by the end of August.
The range of $3.50 to $3.74, the most compelling bet in value and probability, stands out with attractive +275 odds. You can lean towards a modest downtick in a gallon of gas cost. I am not seeing it, though, and I would not recommend this range.
The range of $4.00 to $4.24, the allure of a wager on an increase, with odds of +260, holds considerable appeal. Nonetheless, the oddsmakers say these odds only convey a 27% likelihood. So, I’ll have to explore other avenues for a more lucrative option for you.
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