Bettors Believe EP3 Will Set Records Posted By Britany on May 18, 2005
Kyle writes:
After becoming the first bookmaker to accept wagers on the box office success of Star Wars: Episode III, PinnacleSports.com has seen bettors backing the film to set new box office standards while having the most successful opening in history. Although PinnacleSports.com originally opened betting with Revenge of the Sith as a 6/1 long shot to break the three-day opening weekend box office record of $114.84 million held by Spider-Man, a surprising 80% of all bets placed to date have backed the film passing the wall crawling crime-fighter. As a result the odds on Episode III breaking the three-day box office record have been slashed to 11/5.
Bettors are also backing Revenge of the Sith to eclipse the $134.28 million four-day opening record currently held by The Matrix Reloaded with 60% of all bets placed on the film setting a new four-day standard. The odds on the film becoming the new record holder for the Thursday through Sunday box office gross have also been moved from opening odds of 2/3 to 5/9 currently. In addition, PinnacleSports.com has seen an influx of bets placed on the film grossing over $101 million for the three-day opening weekend of Friday to Sunday suggesting that the film will surpass industry estimates. PinnacleSports.com has discovered that bettors at the company have been an accurate indicator of current events including correctly predicting who would become the new Pope and winners of several reality shows. If this trend continues, the final Star Wars could be well on its way to becoming the most successful film of all-time.