Tuesday, August 30, 2011

Box Office Betting

BOX OFFICE BETTING

No longer is sports betting restricted to, well, sports. Nowadays, sportsbooks offer betting on almost anything and everything on the planet. You are able to bet on the results of Chess matches, reality television shows, the 2008 presidential election, and set up US will launch a preemtive strike against Iran, amongst other things.

One of the more popular propositions now on offer by many people sportsbooks, is Box Office Betting. The sportsbook can place odds on the Five to six movies opening on a weekend, and provide the chance to wager how much they make in the box office over the weekend.

For example, listed here are this area Office Betting odds for that movie CLICK listed at Pinnacle Sports for that upcoming weekend:

OVER 40. 5 MILLION -150

UNDER 40. 5 MILLION +134

So how can you start handicapping and researching these propositions? Well, there are many different ways to tackle this. Within this article, we'll explain a few websites which are quite helpful and explain some handicapping tools.

One simple approach to attempting to predict box office results, would be to try to look for a similar movie to the one you are attempting to calculate, and find out the way it did on it's opening weekend. For instance, assume there is a brand new mob movie being released now, which it had all of the makings of the potential blockbuster. It has been advertised heavily there seems to be a buzz concerning the movie. So, your career is always to look for a similar movie in the past, and find out the way it did on it's opening weekend. So which movie can you pick? I'd pick Goodfellas. Probably the most successful mob movie over the final Fifteen years.

So, a fast explore google informs me that Goodfellas did 63 million on it's opening weekend. Ah, there is however just a little trouble with this process. Goodfellas opening weekend is at 1990!! It's really no 2006! How can we take into account inflation and convert that 63 million into 2006 dollars?

That's where are first helpful website for box office betting is available in.

Have a glance for this site and you will look for a varaity of helpful tools to aid in your time and efforts predicting box office results. For the example above, Leesmovieinfo includes a very handy tool for converting dollars from years back into 2006 dollars. Within the Goodfellas example, 63 million in 1990 is the same as about 98 million in 2006. So, you'd check out the chances on offer, and bet accordingly. Obviously you will want to do more than simply make use of the method above. As stated, take a look round the leesmovieinfo site and you will find many more ideas and techniques to assist together with your predictions and hopefully help you create winning box office bets!

Have a glance around boxoofficemojo. You will find predictions as well as a lot of other info to assist together with your predictions, such as the quantity of theaters a film is going to be playing in on it's opening weekend.

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