Place Your Bets: Calculating the iPad Odds for Black Friday
Posted 11/19/2010 at 1:24pm
| by J.R. Bookwalter
Gamblers can find just about any reason to indulge in their favorite temptation, and with the Black Friday shopping season only a week away, odds makers are already placing their own bets on who will be hot this shopping season.
Bookmaker.com is placing bets that even a marginally improved economic outlook will benefit retailers nationwide as Black Friday arrives next week. The day after Thanksgiving is traditionally called “Black Friday” because many retailers count on a flood of customers to finally post a profit for the year heading into the Christmas season.
Retailers aren’t the only ones seeing green leading up to Black Friday, either: Bookmaker.com CEO Mickey Richardson and his team of experienced odds makers have rounded up a list on who will move the most iPads next Friday, as well as which retailer will report the largest sales overall.
WHICH STORE WILL SELL THE LARGEST NUMBER OF IPADS?
| BEST BUY | +175 | 36% |
| WAL-MART | +120 | 45% |
| AMAZON.COM | +150 | 40% |
| APPLE | +160 | 38% |
WHICH RETAILER WILL REPORT LARGEST SALES?
| WAL-MART | +100 | 50% |
| TARGET | +120 | 45.5% |
| SEARS | +175 | 36.4% |
| AMAZON | +150 | 40% |
| KMART | +200 | 33% |
| BEST BUY | +200 | 33% |
| MACYS | +200 | 33% |
Confused? The experts at Bookmaker.com reveal that the +/- figure indicates the return of the wager -- for example, betting on the candidate least likely to win would earn the most amount of money. The percentage is the likelihood that response will occur.
So who are you placing your bets on?
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(Image courtesy of IrvineHousingBlog.com)