Betting markets in everything

by on June 25, 2007 at 6:52 pm in Economics | Permalink

BetUS.com figures the odds are 20-1 that someone will get trampled
while scrambling to snag one June 29.  The site has also put odds on how
long the batteries will last and whether the devices will be recalled.

Here is the source, and thanks to John De Palma for the pointer.  There are many other odds at the link, spontaneous combustion of the phone is listed at 150-1.

Linkt June 25, 2007 at 9:11 pm

What are the odds of us knowing that the post is about the iphone without Mr. Cowen telling us?

fustercluck June 25, 2007 at 11:39 pm

!

Hei Lun Chan June 26, 2007 at 7:17 am

What are the odds that it’ll be a dud?

tom June 26, 2007 at 2:56 pm

what i like about this is the chance to hedge your purchase of the phone a little bit. if battery life is a major concern, which it is for me, you can put a $60 bet against the battery life and either a) lose the bet and a little bit of cash but have the phone you were looking for or b) cover the price of the phone if it doesn’t live up to what you were hoping

Devin McCullen June 28, 2007 at 5:02 pm

At first I thought it was about the new Harry Potter book…

king size bedroom set November 16, 2010 at 12:27 pm

The idea for creating these odds and a host of others surrounding the iPhone was spurred by past electronic firsts that have been greeted with enthusiasm but also a slew of unrealized defects and bugs.

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