Wednesday, February 27, 2008

Now you can wager on when iTunes will top Wal-Mart

Hey techies, forget putting money down on the NCAA Tournament or whether the Celtics are future NBA champions. Not when you can place a bet on Steve Jobs.

A gaming company called Bodog is taking action on when iTunes will surpass Wal-Mart as the top U.S. music retailer.

CNET News.com reported Tuesday that research firm NPD Group is predicting Apple will emerge as the largest U.S. music retailer sometime in 2008. NPD also reported that Apple has recently leapfrogged over Best Buy and Target.

It should be noted that neither CNET nor I promote gambling...but what's the Bodog line you ask? Well, for the sake of disseminating information:

Yes-240 (5/12) and No +165 (18-11).

Not surprisingly, Bodog is based in Antigua and executives were reluctant to do phone interviews. Take that however you will.

According to the Bodoglife Web site, the company also operates a record label (Bodog Music), and a TV production division which produces reality TV series such as Bodog Fight.

Rules for wagering are as follows:

"If it is not officially announced by December 31, 2008 that iTunes has surpassed Wal-Mart as the No. 1 U.S. music retailer," according to the wagering board on Bodog's Web site, "all 'No' wagers will be graded the winner. Max. $50."

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