(Bloomberg) — Oil traders piled into more than 3 million barrels worth of options contracts in a bet that prices would spike to $250 a barrel by June as geopolitical risks remain elevated. Most Read from Bloomberg About 3,000 lots of June $250 call options in US crude traded for a penny each on Tuesday, […]
Tag: wager
Michael Burry Adds to China Big Tech Wager as Stock Rout Deepens
(Bloomberg) — Michael Burry, the money manager made famous in the Big Short, added to wagers on Chinese tech giants Alibaba Group Holding Ltd. and JD.com Inc. in recent months even as a rout in Chinese shares deepened. Most Read from Bloomberg Alibaba is now Scion Asset Management’s top holding after Burry’s investment company boosted […]
Michael Burry Adds to China Big Tech Wager as Stock Rout Deepens
(Bloomberg) — Michael Burry, the money manager made famous in the Big Short, added to wagers on Chinese tech giants Alibaba Group Holding Ltd. and JD.com Inc. in recent months even as a rout in Chinese shares deepened. Most Read from Bloomberg Alibaba is now Scion Asset Management’s top holding after Burry’s investment company boosted […]
Super Bowl expected to smash betting records as nearly 68m people set to wager
Nearly 68 million American adults — about one in four — plan to bet on this year’s Super Bowl, setting a record by a wide margin, according to the gambling industry’s national trade association. Figures released by the American Gaming Association on Tuesday include bets placed with legal outlets, as well as with illegal bookies […]
Super Bowl expected to smash betting records as nearly 68m people set to wager
Nearly 68 million American adults — about one in four — plan to bet on this year’s Super Bowl, setting a record by a wide margin, according to the gambling industry’s national trade association. Figures released by the American Gaming Association on Tuesday include bets placed with legal outlets, as well as with illegal bookies […]
Sunak admits he is ‘not a betting person’ amid criticism over Rwanda wager
Rishi Sunak said he was taken by surprise when he appeared to accept a £1,000 (€1,168) bet over the success of the UK government’s Rwanda asylum scheme. The British prime minister has been criticised over the “depraved” wager with broadcaster Piers Morgan. Mr Sunak denied the wager was a mistake but admitted he had been […]
Young gamblers wager away student loan money, addiction therapist warns
A 26-year-old gambling addict, whose problem started in high school, downgraded to a flip phone — free from the apps that made betting on sports all too easy for him. In the throes of addiction, Joe Ruscillo would sink his paycheck into betting each week. He’d gamble in the middle of the night and at […]