Tuesday, December 21, 2004

Odds on a White Christmas

Here are some of the odds on whether it will snow on Christmas at different spots accross the country:

- Chicago: Yes -$125 / No -$105
- Detroit: Yes -$135 / No +$105
- Kansas City (Missouri): Yes +$125 / No -$155
- Los Angeles (at LAX): Yes 400 to 1
- Nashville: Yes +$130 / No -$160
- New York City: Yes -$105 / No -$125
- Washington DC: Yes +$120 / No -$150 (the No here is the best bet I think)

Just a reminder on how this works - take Detroit for an example - you would have to risk $135 to win $100 betting on Yes while you would have to risk $100 to win $105 betting on No. So for the No bet on Washington, you would risk $150 to win $100.

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