wagering posts

Feed

Readers wager on Harry Potter's suicide

BloggingStocks's Tom Barlow is pretty sure that Harry Potter isn't about to meet his untimely demise, but a lof of gamblers aren't so sure: According to Bloomberg, "William Hill Plc, a London-based bookmaker, closed bets on Harry sacrificing himself at 2/5 odds on July 17, cut from an original quote of 33/1 in early July. Lord Voldemort, who murdered Potter's parents, is at 9/4 to kill Harry, and Professor Severus Snape is at 4/1 odds to murder him. The bookmaker took more than 50,000 pounds ($100,000) in bets on Harry's fate, the first time in the company's history it had ever bet on a book."

This seems kind of inane: People are gambling about what will happen in a fictional story that they haven't read yet, and only the author and a few insiders know what's going to happen in the latest Harry Potter, set to be released tomorrow.

But maybe others really do know? There have been reports of pirated copies showing up on the internet and The New York Times and Baltimore Sun have already gotten copies, reportedly through bookstores.

The strong odds that gamblers are assigning to the death of Harry combined with a general belief in the wisdom of crowds lead me to a conclusion: By this time tomorrow, millions of bookworms will be mourning Harry's passing.

More Harry Potter news

Tom Barlow: The Harry Potter Finance Quiz
Gary E. Sattler: New York Times bestseller list leaves Harry Potter out
Tom Barlow: Harry Potter ending: A water cooler cheat sheet
Zac Bissonnette: With Harry Potter done, is it time for Scholastic to sell itself?
Tom Barlow: Rowling safeguards Potter empire
Zac Bissonnette: Is the last book the end of Potter mania?
Tom Barlow: Harry Potter and the Pots of Gold
Barry Summerlin: Harry Potter doesn't even need Muggle marketing
Julie Tilsner: Not even Harry can save bookstores from their fate
Peter Cohan: Harry Potter and the Pot of Gold
Tom Barlow: Harry Potter and the Deathly Hallows: Will Rowling kill off Harry?

Symbol Lookup
IndexesChangePrice
DJIA+72.8112,874.04
NASDAQ+27.512,931.39
S&P 500+9.131,351.77

Last updated: February 13, 2012: 06:27 PM

Hot Stocks

General Electric

19.07+0.195(+1.03)

Alcoa

10.33+0.04(+0.39)

Apple Inc

502.60+9.18(+1.86)

Google Inc 'A'

612.20+6.29(+1.04)

Bank of America

8.25+0.18(+2.23)

Wal-Mart Stores

61.79-0.11(-0.18)

Exxon Mobil Corp

84.42+0.62(+0.74)

Ford

12.54+0.10(+0.80)

Citigroup

32.88-0.045(-0.14)

IBM

192.62+0.20(+0.10)

Yahoo

16.12-0.02(-0.12)

Starbucks

49.25+0.43(+0.88)

Microsoft

30.58+0.085(+0.28)

Home Depot

45.93+0.60(+1.32)

DailyFinance Headlines

AOL Business News

BioHealth Investor Headlines

Sponsored Links

My Portfolios

Track your stocks here!

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

BloggingStocks Partners

More from AOL Money & Finance

Page Loaded in 1329175660425 ms.