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MEDIA ALERT: Public Pulled From Betting on Enron

BetCRIS Sportsbook closes odds on whether or not Ken Lay and Jeff Skilling will be convicted due to numbers reaching significant heights - pointing toward a definite conviction.

BetCRIS closed the betting at the following odds:

Will Kenneth Lay be convicted?
  • Yes / 1 to 80
  • No / 1.4 to 1
Will Jeff Skilling be convicted?
  • Yes / 1 to 100
  • No / 1.5 to 1

"This is possibly the biggest trial in business history," said Mickey Richardson, CEO of BetCRIS.com. "And as such clients were rushing to place their bets, but the odds became so outrageous that those who wanted to wager on Lay and Skilling's conviction became upset when they were quoted such a high price. At those numbers we thought it was best to close the odds."


Published: 2006-05-25
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Weekly Review Aug 21st

Bettor's enjoyed a good week with many favorites winning, especially in baseball. Sunday alone in baseball there were 13 defined favorites which won, so with results like that bookmakers generally have a tough time of it.

continued
2007-01-03   |   permalink


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