Tony Reyes
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Let’s go ahead and break down some of the popular stock prices and items we can bet on.
Ripple (End of Year Price)
Taking a look to the captivating market of Ripple (coin) provides some attractive betting opportunities.
| End of Year Ripple price |  |  |  |
| Over 65.5 cents | -120 | -120 | -120 |
| Under 65.5 cents | -110 | -110 | -110 |
One of the first things you should do is figure out what Ripple is. According to my research, Ripple is a money transfer network designed to serve the financial services industry’s needs.
XRP is the native crypto token of the Ripple network, and it consistently lists among the top 10 cryptocurrencies by market capitalization.
There seems to be some a lot of function for this Ripple network. The ability to facilitate quick conversions between different currencies is a valuable product.
After nearly 3 years, the Court’s July 13 decision delivered a landmark win for Ripple and the entire U.S. crypto industry: XRP is not a security.
Progress is worth fighting for.https://t.co/rm4cMGDVek
— Ripple (@Ripple) July 19, 2023
The price of Ripple is currently .79 cents, while BetOnline is listing the over/under at 65.5. The over is juiced some at -120, but it seems like easy money.
In the last month alone the price of Ripple has increased 58%!
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.
Anheuser-Busch (BUD)
Let’s discuss the well-known beer manufacturer Anheuser-Busch (BUD).
| BUD Share Price July 31th at Close | | | |
| Under 57.5 $ | -160 | -160 | -160 |
| Over 57.5 $ | +120 | +120 | +120 |
Over the past month, the price of Anheuser-Busch stock has experienced an increase of $2, or a increase of 3.53% per share. However, it’s worth noting that the stock price has fluctuated in the last five days, with an increase of $0.39.
We’re proud that our biggest beers still start on small farms. Cheers to keeping up the tradition. pic.twitter.com/LFxYUr8qQn
— Anheuser-Busch (@AnheuserBusch) July 17, 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.
Gallon of Gas US National Avg on July 31st
Now, let’s explore another fascinating market that has a widespread impact on everyone: the cost of a gallon of gas.
| Gallon of Gas US National Avg on July 31 | | | |
| $3.50-3.74 | -500 | -500 | -500 |
| $3.25-3.49 | +525 | +525 | +525 |
| $3.75-3.99 | +500 | +500 | +500 |
| $3.00-3.24 | +5000 | +5000 | +5000 |
| $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 July 21st.
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 -500 in the $3.50-$3.74 range. The implied probability of that price is around 83%, 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 +525 price. I would estimate we see a slight decrease in the cost of a gallon of gas.
This range has a price of +525 which is an implied probability of around 16%. 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 about 9 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 +525 odds.
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