Re: Oil Futures at Bodog.
Interestingly, one of the other props is when the price of oil will surpass $100. The odds offered seem to suggest that it will happen before the end of 2007, given that Bodog is offering +900 that it will happen after December 28.
Obviously, the fact that the price is likely to surpass $100 before the end of 2007 (at least based on the odds) says nothing about where the price will be on December 31, but there seems to be at least some disconnect in my mind.
Maybe an expert can weigh in and set us straight. [img]/images/graemlins/smile.gif[/img]
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