Most of us have been to a horseracing track or seen a race on TV.
Wagering at these races is based on an odds system, the underpinnings of which I won’t explain in this short article.
A couple of years back, I wondered if it might be possible to apply these simple odds to stocks, more for amusement than for anything else at the time.
However, someone recently pointed out that the formula I’ve developed could make for one hell of an online gambling site or even a website with the predictions so folks could bet a few bucks offline among themselves.
Instead of buying the stock, you’d simply bet on it for much higher returns, with full transparency as all the data is public. But, of course, your risk tolerance levels need to be high like all gambling.
Imagine wagering $10,000 and winning on some of the equity beauties below.
Let’s look at a few examples…
Apple stock (AAPL) at the close of trading on February 2nd, 2022 was $175.84
What would the odds be for it reaching $230 or more in August 2022?
The odds for that would be 35:1
Barrick Gold stock (GOLD) at the close of trading on February 2nd, 2022 was $19.22
What would the odds be for it reaching $25 or more in January 2023?
The odds for that would be 8:1
Tesla (TSLA) at the close of trading on February 2nd, 2022 was $905.66
What would the odds be for it reaching $1,300 or more in September 2022?
The odds for that would be 6.6:1
I’ve tested the formula on dozens of large-cap blue-chip stocks over the last two years and its average accuracy rate is 95%.
Any crypto heads, bitcoin babies, NFT players, online gambling companies, or bored Saudi princes want to purchase my formula?
The current price is set at five bitcoin. Simply email firstname.lastname@example.org for info.