Intraders Banking on Ophelia Being Nothing But a Stiff Breeze
READ MORE: Betting", Event Betting, Futures Market, Hurricane, Hurricane Katrina, Intrade, Tropical Storm Ophelia
One would think that in the wake of Hurricane Katrina that many weather-obsessed gamblers would be all over Tropical Storm Ophelia at this point to at least do some sort of damage. But with all of the meteorologists seemingly rising up against us, the reports suggest that Ophelia may just be your average tropical storm—and the Intrader betting community has responded. Most of the traders are buying up shares of Ophelia Having NO IMPACT, while many are selling-off their shares of Category One or higher hitting North Carolina. Which kind of stinks because we really enjoyed the Shelter From the Storm Concerts over the weekend. That Rob Thomas is quite an entertainer.
Hurricane Betting [Intrade]
Ophelia Downgraded to Tropical Storm Again [Yahoo Weather]
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