{"id":9567,"date":"2020-03-18T00:43:00","date_gmt":"2020-03-18T00:43:00","guid":{"rendered":"https:\/\/www.betonline.ag\/news-room\/?p=9567"},"modified":"2020-03-18T21:59:54","modified_gmt":"2020-03-18T21:59:54","slug":"stock-market-offers-unique-betting-opportunities","status":"publish","type":"post","link":"https:\/\/www.betonline.ag\/news-room\/sports\/stock-market-offers-unique-betting-opportunities\/","title":{"rendered":"Stock Market Offers Unique Betting Opportunities"},"content":{"rendered":"\n<p>The oddsmakers at BetOnline.ag have been working overtime tracking down and pricing events for the betting public to wager on.  During this unprecedented time with most of the world&#8217;s major sports shut down this is quite a challenge.  One new market you&#8217;ll find on the BetOnline.ag betting board is something that is relatively common in many parts of the world:  financial market betting.  Over the next few days, I&#8217;ll try to provide some analysis of these bets and hopefully come up with a few winning positions.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>VOLATILITY IS CURRENTLY INSANE BUT OPPORTUNITIES REMAIN<\/strong><\/h4>\n\n\n\n<p>No big surprise, but the major financial markets of the world have taken a big hit during the Coronavirus crisis.  That includes the US where all three major averages have experienced significant losses.  What is a bit more surprising is how it has happened&#8211;instead of a straight downward spiral trading in the US markets<a href=\"https:\/\/www.wsj.com\/articles\/global-selloff-extends-in-asia-11584061109\"> have been almost ridiculously volatile<\/a> with huge swings both up and down of over 1000 points a day.   The end of last week is a perfect look at the market in microcosm.  On Thursday, the DJIA suffered it&#8217;s largest one day loss <a href=\"https:\/\/www.investopedia.com\/ask\/answers\/042115\/what-caused-black-monday-stock-market-crash-1987.asp\">since &#8216;Black Monday&#8217; in 1987<\/a>.  On Friday, the same average experienced the biggest single day gains since the financial crisis of 2008.  For the week, however, the DJIA was down 10% with other markets experiencing similar losses.<\/p>\n\n\n\n<p>One of the interesting components of the BetOnline.ag stock market props is that you&#8217;re not being asked to peg the direction of the market on a specific day.  Here&#8217;s an example:<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>HILTON HOTELS STOCK PRICE ON MARCH 31 CLOSE (HLT)<\/strong><\/h4>\n\n\n\n<p><strong>UNDER 50 USD    -140<br>OVER 50 USD       +100<\/strong><\/p>\n\n\n\n<p>The <a href=\"https:\/\/finance.yahoo.com\/quote\/HLT\/\">Hilton stock price on Wednesday<\/a> is another good example of the volatility the financial markets are experiencing.  HLT opened the day at $58.01 and like most stocks in the travel sector took a bath from the opening bell.  At 1:30 PM Eastern, the price was $44.92, precipitously close to the 52 week low of $44.30.  From that point, it recovered a bit ending the day at $56.68.  <\/p>\n\n\n\n<p>In my view, the short term performance of the stocks in the travel and leisure sector&#8211;hotels, airlines, casinos, etc&#8211;is completely dependent on Federal government action to financially backstop the industry.  By every indication, these businesses will receive some relief.  The airlines, in particular, provide a crucial function within the national economy.  Assuming that a &#8216;bailout package&#8217; is forthcoming, travel stocks could be near their low.<\/p>\n\n\n\n<p>Of course there are countless other variables not the least of which is the severity of the coronavirus pandemic.  The US markets in the past week or two <a href=\"https:\/\/www.sportsinsider.com\/oddsmakers-see-a-tightening-presidential-race-as-trumps-coronavirus-leadership-disappoints\/\">have been a good indicator<\/a> of how the Federal government&#8211;and to a lesser extent state and local governments&#8211;are responding to the crisis.  They&#8217;ve also served as a viable proxy for the 2020 Presidential election&#8211;at the risk of oversimplifying the dynamic when the market goes up it suggests confidence in Trump&#8217;s leadership.  This in turn improves his chances for re-election.  When the market heads the other way, the opposite is usually true. <\/p>\n\n\n\n<p>Look for more analysis of the BetOnline.ag stock betting props in the days to come.  With sports on hiatus, financial market betting provides an entertaining option.  There&#8217;s &#8216;action&#8217; every day and plenty of &#8216;handicapping information&#8217; available online.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The oddsmakers at BetOnline.ag have been working overtime tracking down and pricing events for the betting public to wager on&#8230;.<\/p>\n","protected":false},"author":13,"featured_media":9569,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[2],"tags":[],"class_list":["post-9567","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sports"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.betonline.ag\/news-room\/wp-json\/wp\/v2\/posts\/9567","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.betonline.ag\/news-room\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.betonline.ag\/news-room\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.betonline.ag\/news-room\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/www.betonline.ag\/news-room\/wp-json\/wp\/v2\/comments?post=9567"}],"version-history":[{"count":2,"href":"https:\/\/www.betonline.ag\/news-room\/wp-json\/wp\/v2\/posts\/9567\/revisions"}],"predecessor-version":[{"id":9570,"href":"https:\/\/www.betonline.ag\/news-room\/wp-json\/wp\/v2\/posts\/9567\/revisions\/9570"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.betonline.ag\/news-room\/wp-json\/wp\/v2\/media\/9569"}],"wp:attachment":[{"href":"https:\/\/www.betonline.ag\/news-room\/wp-json\/wp\/v2\/media?parent=9567"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.betonline.ag\/news-room\/wp-json\/wp\/v2\/categories?post=9567"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.betonline.ag\/news-room\/wp-json\/wp\/v2\/tags?post=9567"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}