Bets On Future Oil Prices Taken by Gambling Website

A long time ago, people would just get together and bet on football games with their friends, oh how times have changed, there is now a website that is taking bets on rising oil prices.

BetCris.com has announced that is now offering odds of 7-5 that crude oil will eclipse $95 a barrel by the end of the year. The odds are believed to be the first available for this type of wager.

Gambling has come a long way since the days of bookies being in the back of store fronts taking bets on football games and boxing matches.

Now, gamblers have the ability to find almost anything to bet on, most of this due to the increase in Internet betting sites. In addition to the usual sports bets, people can wager on things as far ranging as what coach will be the next to be fired, to which celebrity will be the next to enter into a rehab program.

As long as there is a market out there, sportsbooks will continue to provide as many options as possible, meaning people will have various ways to wager their money.

John Leasterly, a lifelong gambler had this to say about the oil odds, "I'm glad they put those odds up, anything is better than losing my money with a meaningless touchdown on Sunday afternoon, I might look that site up and roll the dice with oil prices."

October 19, 2007
Posted By Tom Jones
Staff Editor, CasinoGamblingWeb.com
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