What Will Happen Next to Hosni Mubarak? Oddsmakers Chime In
The oldest established North American bookmaker, appropriately named Bookmaker.com, has released odds on what will happen next to Egyptian leader Hosni Mubarak.
Demonstrations in the Arab world’s most populated nation continued for a sixth straight day with calls for Mubarak to step down.
Odds on Mubarak resigning were set at even odds.
Good news for the people of Egypt, odds were set at -130 on Mubarak not just stepping down but ultimately leaving the country.
His failure to resign had odds of +130, paying $13 for every $10 bet. Of the three options, this was the least likely according to the oddsmakers, though it is hardly a “lock”.
Odds on the next country to have civil unrest in 2011 had Yemen and Palestine as the co-favorites at +180 (pay $18 for every $10 bet) Yemen was already having some peaceful demonstrations in recent days. Jordan came in at 2/1 odds. Israel was at +350 odds.
The big underdogs were Saudi Arabia at +4000 odds and UAE at +3000. Quatar was at +1200 or 12/1 odds. Morocco was at 6/1 odds. Libya, which has been discussed quite a bit in recent days for having the longest ruling dictator, was listed at +500.
Syria was at +4000 odds while Turkey, Algeria and Iran were each listed with 3/1 odds.
- Jagajeet Chiba, Gambling911.com
