Oddsmakers Predict Unfavorable Outcome for Bitcoin Investors

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Bookies Suggest Bitcoin Dropping to $10,000 Has Grown More Likely Since April

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Odds For Bitcoin To Drop To $10,000

Copenhagen – June 10, 2021 – Bitcoin currently has 8/11 odds to drop to $10,000 this year (57.9% implied probability), according to betting aggregators US-Bookies.com (See Disclaimer Below). These odds have strengthened significantly since mid-April, when the odds of Bitcoin dipping below $10,000 were 4/1 (20%).

“Bitcoin has generated various conflicting opinions, with Miami Mayor Francis Suarez recently echoing plans to make the crypto an official currency, and Donald Trump voicing that he’s not a fan, but the latest trends have not indicated a positive outcome for the popular cryptocurrency,” says a US-Bookies spokesperson. “The betting has shifted again, and the odds suggest that a slump below $10,000 now looks more likely than not this year, meaning the cryptocurrency could have further to fall.”

Bitcoin also has 33/1 odds to drop below $1,000 in 2021 (2.9% implied probability). While the odds suggest this isn’t a likely scenario at the moment, they have improved significantly from mid-April, when the odds of the cryptocurrency dipping to this price were 250/1 (0.4%).

  • Odds Bitcoin Drops to $1,000 in 2021: 33/1
  • Odds Bitcoin Drops to $10,000 in 2021: 8/11

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. The data was based on betting markets offered by UK/European/worldwide operators regulated in jurisdictions where wagering on these props is legal.

About US-Bookies.com

US-Bookies.com is the first comprehensive betting web portal in the United States, developed by one of the world’s most successful iGaming companies with the goal of providing betting intelligence to gamblers. It is designed to be a single point of access for information on wagering, offering data, odds, and authorized legal online bookmakers. The site provides a library of data-driven content that offers intelligence, so visitors can make informed gaming decisions. US-Bookies.com represents the first foray into the United States for Better Collective, one of the premier online gaming companies in Europe. Better Collective has similar portals in 35 different countries throughout the world. Another unique and invaluable aspect to US-Bookies.com is that it provides a state-by-state listing of all legal online bookmakers, which provides gamblers with a central resource to determine which websites are authorized to offer online betting in respective states.

Visit www.US-Bookies.com to learn more about Better Collective’s expansion into the US.