X-Men 3 Opening Weekend: Gambling on the Box Office

[llabb]

Opens today! Who else is excited to see this? And what does this have to do with the Zoo? Same thing as American Idol, it's Internet Gambling. This forum was quite helpful for wagering successfully on AI, and it could do the same thing for box office wagering.

WSEX, TradeSports, Intertops, and other online wagering sites all offer odds every week on box office wagers. This forum contains the primary target demographic for most summer blockbusters, 15-45 yr old males, so should have a good gauge on what movies look good or not. There is also a good information available to help analyze box office projections.

To start with, another poster started a thread in Sports Betting that might get better reception here. The initial wager was:

X-Men 3 Opening Weekend (3-day):
Over 80 million -115
Under 80 million -115

I posted a bunch of analysis in that thread, the long and short of it being that X2 opened to $85 million, and X3 is on Memorial Day weekend and should open even bigger. Tons of facts to support this.

I liked wagering on it all the way up to -200 and perhaps beyond, as I thought that a movie in this spot with these credentials goes Over 8 times out of 10 (worth -400). You can still bet on this now, on Intertops, TradeSports, and perhaps a few other places.

Anyone have any thoughts on this, or interested in regularly discussing box office wagering? Some exciting movies coming out, Superman Returns, Pirates of the Caribbean 2, Miami Vice, etc., so there will be lots of good opportunities coming up as well.