Betting on celebrities

Posted on September 7, 2007
Filed Under Entertainment | Leave a Comment

When most people think about gambling online, they think about sports events or online poker. Obviously, sports betting is the more traditional but also popular gambling domain. Thanks to the power of the Internet, modern betting has branched out to more than just sports. For example, it is possible to bet on politics, i.e., the winner of the 2008 US election, and entertainment events, i.e., correctly guessing the Oscar winners.

Every now and then, some of the events made available by bookies are rather strange. Take for example the currently available option on sportsinteraction.com with regards to celebrity Paris Hilton. Players can bet on one of three events due on December 31st, 2007: Paris to enter rehab in 2007, Paris to return to prison before December 31st, 2007, and Paris to star in a remake of The Great Escape. Bet prices are $2.25, $11, and $51 respectively. The prices mean that for each dollar gambled if the player wins he gets the price money. In other words, these bets will pay-off really well for the player. I wouldn’t bother taking any of these bets since chances of winning are very low, especially the last two. But I am willing to bet that some people won’t hesitate to participate since the pay-off is very good in all cases.

If you are wondering, another celebrity related bet on sportsinteraction.com centers around the Spice Girls comeback. Players can bet on any of the following three options: A Spice Girls Hot 100 No. 1 hit, a Spice Girls Billboard comprehensive No. 1 album, and woman power becomes the new Spice Girls Slogan. Prices for these bets are $1.57, $1.72, and $11.00 respectively; these are much better odds compared to the Paris Hilton bets. BTW, prices change continuously depending on the bets placed so the prices posted here are likely to change at any time.

Betting on celebrities and their flashy lifestyles are now becoming the norm for online bookies.

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