Betting on the Stock Market Has Never Been More Popular with the Majority of Sports Cancelled

We are now one week into the sports abyss. There are scant offerings across the sports world with bettors being forced to suddenly have opinions on Turkish soccer, Russian basketball, and Chinese League of Legends. That has left Americans out in the lurch, and many residents in the United States are looking for something domestic to bet on these days. Fortunately, there is an oasis coming into view in the middle of this betting desert as you can now bet on stock market prices.

WHAT WILL AMAZON’S STOCK PRICE CLOSE AT ON MARCH 31?

OVER $1750 -140
UNDER $1750 +100

Amazon has been on a meteoric rise over the last five years. The technology company was initially founded as an online retailer for books, but it has grown to become one of the Big Four tech companies making founder Jeff Bezos the richest man in the world. Its stock price was under $400 five years ago, but Amazon was selling for over $2,100 last month before taking a dip along with the rest of the market. The stock price is currently at $1,830, and it is likely to stay over $1,750 as Amazon is one of the most indispensable companies to consumers and businesses alike with their wide array of products.

WHAT WILL AMERICAN AIRLINES’ STOCK PRICE CLOSE AT ON MARCH 31?

OVER $15 +175
UNDER $15 -260

Airlines across the world are taking a big hit due to the COVID-19 pandemic. American Airlines has not been spared as this industry has been particularly hard hit, and its stock price has tumbled from $28.33 a share on February 19 to $11.65 at closing time on March 18. The company was trading above $15 a share on Monday and Tuesday, but it doesn’t appear as if a package is coming to bail out the airlines anytime soon. Additionally, there is opposition to proposals to use government funds on these companies, and figures like Mark Cuban and Alexandria Ocasio-Cortez have called for the airlines to agree to certain terms outlawing stock buybacks in the event of a bailout. With that in mind, the under is the play.

WHAT WILL APPLE’S STOCK PRICE CLOSE AT ON MARCH 31?

OVER $250 -105
UNDER $250 -135

Apple’s stock price has fluctuated wildly over the last month. The company’s scope is somewhat narrow compared to the other Big Four tech giants, and that makes Apple more susceptible to changes than Amazon, Google, and Microsoft. That makes the under the better play here as consumers are less likely to make new purchases on Apple products given the state of the economy.

WHAT WILL CAESARS ENTERTAINMENT’S STOCK PRICE CLOSE AT ON MARCH 31?

OVER $5 +225
UNDER $5 -350

It’s not a great time for most companies, but it’s a really bad time for casinos. Casinos in Nevada have been closed by the governor’s order until further notice, and that has led to Caesars stock plummeting by more than 80 percent over the last month. On February 20, Caesars’ stock was trading at $14.63 a share, but it has now fallen to $3.52 a share as of March 18. Unlike other gaming companies, Caesars really hasn’t expanded in the online sphere, so Caesars is a lock to be under $5 a share by the end of the month.

WHAT WILL DISNEY’S STOCK PRICE CLOSE AT ON MARCH 31?

OVER $90 +140
UNDER $90 -180

Disney’s stock has taken a hit with the closing of its properties like Disney World and Disney Land. It was trading for $144.73 a share on February 4, but the stock price began to tail off dramatically two-and-a-half weeks later. The loss of most major sports has really hurt its subsidiary ESPN, yet we like the over although the stock is currently trading at $88.80 a share. Disney’s new app Disney Plus is a gamechanger in that it gives you access to Disney’s extensive library, Hulu, and ESPN for less than $15 a month, and families will turn more and more to this app to pass the time over the coming weeks.

WHAT WILL NETFLIX’S STOCK PRICE CLOSE AT ON MARCH 31?

OVER $350 +140
UNDER $350 -180

You might think that Netflix would be the company best built to handle the current situation, but even its stock price has taken a hit. The streaming service was trading at $383.79 a share two weeks ago, and it has since plunged to $315.47 a share. Netflix stock will rebound, but it’s difficult to see it closing north of $350 in less than two weeks given what we just saw it do. Take the under.

WHAT WILL WAL-MART’S STOCK PRICE CLOSE AT ON MARCH 31?

OVER $132 +100
UNDER $132 -140

Wal-Mart has been one of the most resilient companies over the last few weeks. While its shares have dipped to as low as $105 a share, its price continues to rebound after every drop. It has traded right around $120 a share for the last six months, so the under is the play although it has soared in the past two days.