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Let’s go ahead and break down some of the popular stock prices and items we can bet on.
Tesla (TSLA)
Let’s focus on the intriguing market of Tesla’s share prices. This particular stock price is known for its unpredictability, making it challenging to find significant value in betting over or under the selected price of $272.50.
| Tesla Share Price June 30th at Close |  |  |  |
| Under 272.5 $ | -120 | -120 | -120 |
| Over 272.5 $ | -120 | -120 | -120 |
Tesla’s stock performance has proven highly unpredictable, with a notable increase of $76 in the past month. Additionally, even in the last week, the stock has experienced a further increase of 4.76 cents.
Barclays downgrades Tesla, says investors should take profits after the stock’s massive rally https://t.co/mROf0QaYnR
— CNBC Pro (@CNBCPro) June 21, 2023
Given the volatile nature of this stock, it can be challenging for oddsmakers to predict its future performance confidently. While it is typically advisable to exercise caution and refrain from making predictions in such situations, I will take a shot at providing analysis in this particular instance.
I would bet on Under $272.50 for the TSLA Share Price on June 30th.
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Annheuser-Busch (BUD)
Let’s begin by discussing the well-known beer manufacturer Anheuser-Busch (BUD).
| BUD Share Price June 30th at Close | | | |
| Under 57.5 $ | -165 | -165 | -165 |
| Over 57.5 $ | +125 | +125 | +125 |
Over the past month, the price of Anheuser-Busch stock has experienced a decline of $2.27, or a decrease of 3.85% per share. However, it’s worth noting that the stock price has fluctuated in the last five days, with an increase of $0.10.
— Anheuser-Busch (@AnheuserBusch) April 14, 2023
These recent price movements indicate a certain level of volatility in the stock, suggesting that investors should closely monitor its performance as it fluctuates in the market.
I recommend betting Over $57.50 for the BUD Share Price on June 30th.
Gallon of Gas US National Avg on June 30th
Now, let’s delve into another intriguing market that impacts everyone: the cost of a gallon of gas.
| Gallon of Gas US National Avg on June 30th | | | |
| $3.50-3.74 | -250 | -250 | -250 |
| $3.25-3.49 | +250 | +250 | +250 |
| $3.75-3.99 | +500 | +500 | +500 |
| $3.00-3.24 | +6500 | +6500 | +6500 |
| $4.00 or Higher | +5000 | +5000 | +5000 |
| Under $3.00 | +25000 | +25000 | +25000 |
We have many exciting options beyond the standard over/under price in this market. Surprisingly, we have a remarkable six different choices to consider.
Before we reveal our predictions, let’s examine the current cost of a gallon of gas, which stands at $3.58 as of June 20th.
The exciting part is that we will receive favorable odds on most selections, which is always a bonus in betting.
A closer look at this market shows that a month ago, a gallon of gas cost slightly over $3.57.
Although it may not seem apparent, the oddsmakers believe that the cost of a gallon of gas is expected to stay around the same amount.
$3.50-3.74
Oddsmakers have set a price of -250 in the $3.50-$3.74 range. The implied probability of that price is around 71%, which is very strong in gambling.
I see little value in wagering on the gas price to stay in the same range. I will have to look at another price range to find some value.
$3.25-3.49
The $3.25-$3.49 looks like the best bet and value with the +250 price. I would estimate we see a slight decrease in the cost of a gallon of gas.
This range has a price of +250 which is an implied probability of around 28%. This feels like a mistake and something we can take advantage of.
The price of gas has stabilized over the past month. I can easily imagine the cost of a gallon of gas decreasing by 8 cents.
That isn’t even a dime, and with the way the prices have been evening out, it seems like a great bet.
I would recommend betting on a gallon of gas cost of $3.25-3.49 at +250 odds.
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