San Jose, Costa Rica – May 2, 2006 – WagerWeb.com, one of the Internet’s largest sports betting sites, posted odds today for the trial outcomes of the Duke Lacrosse team players Collin Finnerty and Reade Sleigmann. Earlier this month, Wagerweb.com was the first to post odds on the number of DNA matches that investigators would make in the case. Though no matches were made, the prosecution still indicted two players and now bettors will have the chance to predict outcomes for their trials.
“Our customers have called and e-mailed us, requesting these odds be available to them during the trials. They are very interested in the outcome for these cases,” says Dave Johnson, CEO of WagerWeb.com. He continues, “Our customers like to bet on what they see and hear on television, and this case has no shortage of media attention and hype.”
Finnerty and Sleigmann are accused of first-degree rape, first-degree sex offense and first-degree kidnapping. The odds ask bettors if either of the men will be convicted of one, two or all three counts as well as the option to pick not-guilty on all three counts or a mistrial. Payouts for each player are as follows:
Guilty on all 3 counts …..+100 (Risk $100 to win $100)
Guilty on 2 counts …..+200 (Risk $100 to win $200)
Guilty on 1 count …..+300 (Risk $100 to win $300)
Not Guilty on all 3 counts …..-200 (Risk $200 to win $100)
Mistrial …..+800 (Risk $100 to win $800)
Note: All bets have action when trial commences. If for any reason this does not go to trial all bets are deemed no action.
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