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Pinnacle has a couple of new gas price prop bets, and we're going to take another position on higher national average gas prices.
The great thing about taking the "YES" position on any of these props is that due to the way they're worded, you can be wrong a lot but only have to be right once to cash your bet. If the average gas price for any day between now and the end of the year is at the right price, the bet is a winner. Conversely, to take the "NO" position if you're wrong just once-and gas breaks the listed plateau-you lose. This would be a like a football bet along the lines of "Will the New England Patriots lead an opponent by 21+ points during the 2005 season". You don't have to be a genius football handicapper to know that a bet like that is a good value by its very nature.
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The great thing about taking the "YES" position on any of these props is that due to the way they're worded, you can be wrong a lot but only have to be right once to cash your bet. If the average gas price for any day between now and the end of the year is at the right price, the bet is a winner. Conversely, to take the "NO" position if you're wrong just once-and gas breaks the listed plateau-you lose. This would be a like a football bet along the lines of "Will the New England Patriots lead an opponent by 21+ points during the 2005 season". You don't have to be a genius football handicapper to know that a bet like that is a good value by its very nature.
MORE..........
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