Bookies Give Dogecoin 50% Chance to be Worth $1 By This Weekend
Dogecoin May Be Worth More Than $1 At The End Of May 2021
Copenhagen – May 4, 2021 – Dogecoin currently has 4/6 odds (60% implied probability) to be worth more than $1 at the end of May 2021, according to betting aggregators US-Bookies.com (See Disclaimer Below). Its odds to be worth more than $1 at the end of 2021 have improved significantly from 5/1 (16.7%) to 1/2 (66.7%) since April 16.
“While the volatility of the cryptocurrency can cause the likelihood it reaches certain prices to change drastically, Dogecoin's most recent surge looks like great news for the memecoin's army of fans who have the crucial dollar mark firmly within their sights,” says a US-Bookies spokesperson. “In fact, it’s now a realistic possibility that it eclipses $1 by the time Dogecoin cheerleader Elon Musk appears on Saturday Night Live this weekend, something that would have been unthinkable just a few days ago.”
The odds of Dogecoin being worth $1 when Elon Musk appears on Saturday Night Live this weekend are currently 1/1 (50% implied probability). Musk’s mentioning of the cryptocurrency is almost a certainty, as he has 1/100 odds (99%) to mention Dogecoin during his night as the SNL host. Similarly, his odds of mentioning Bitcoin are 1/50 (98%).
“Along with his love for crypto currency, oddsmakers aren’t doubting the Tesla CEO’s commitment to memes, as he also has 2/1 odds to mention ‘Hodl,’ and 4/6 odds to mention ‘To the moon,’ during his SNL hosting gig,” says a US-Bookies spokesperson. “However, name-dropping Dogecoin appears to be a far more likely outcome.”
- To be worth $1 by the end of May 2021: 4/6
- To be worth $1 when Elon Musk appears on SNL: 1/1
- To be worth $1 at the end of 2021: 1/2
Elon Musk SNL Odds:
- Elon Musk to mention Dogecoin on SNL: 1/100
- Elon Musk to mention Bitcoin on SNL: 1/50
- Elon Musk to mention USB cable on SNL: 1/4
- Elon Musk to mention “Hodl” on SNL: 2/1
- Elon Musk to mention “To the moon” on SNL: 4/6
Disclaimer: The odds posted in this article are for illustrative purposes only, as wagering on such props is not currently legal in any U.S. state.
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