The richest person on the planet, Elon Musk needs no introduction. Primarily known as the enigmatic founder of Tesla, SpaceX and a slew of other organizations, Musk’s business moves are always big news. With his net worth at over $233 billion, the South African businessman is definitely one of the most important individuals on the planet. With his endeavors always garnering heavy interest, Bovada has gotten in on the action with various wagering lines geared around the billionaire’s business exploits. In one of the latest posts on their website, Bovada went into detail regarding some new betting markets regarding Musk.
In this article, SBS will go over some of these wagering lines and also some more information pertaining to wagering with Bovada.
Per the Bovada website, Musk’s net worth stands at an astounding number when you put it into context. For instance, at $233 billion his net worth is more than double the total value of all 32 NFL teams combined. With that in mind, one of the Musk-centric betting lines you can wager on is if he will have a net worth of over $300 billion by January 1st of 2023. Currently, the odds stand at +260 for “Yes” and -370 for “No.” It remains to be seen if Musk can keep up this financial trajectory, but with history being any indicator it would be a poor idea to doubt the transformational power broker.
In addition to his incredible net worth, Bovada also features a betting option on Musk buying new companies in 2022 as well. This includes the likes of Amazon (+2500 for yes and -15000 for no) and also Facebook (+2500 for yes and -15000 for no). In addition to those gigantic companies, there is also an option to wager on Musk purchasing popular social media platform Instagram in 2022. After his groundbreaking purchase of Twitter earlier this year, it would appear that almost anything is on the table for the high-profile billionaire.
According to the article on Bovada’s website, there are also betting options for wagering on the performance of Tesla stock heading into next year. For this particular betting market, the odds are set at under 658 USD being the favorite (-160) while over 658 USD stands at +120. As of this particular article’s writing, the current value of Tesla stock sits at 681.79 but could see an increase if the United States is able to make a speedy recovery from its current recession.
For the final betting option from the article, Bovada has odds for who will be ranked as the No.1 billionaire on Forbes’ Real Time Billionaires list on January 1st of next year. In this category, Bovada has Musk as the favorite at -1000, while Amazon’s Jeff Bezos (+450) and LVMH’s Bernard Arnault (+900) trail closely behind. A familiar face is a dark horse in this race as Bill Gates (+1600) brings up the rear. Musk has a sizable lead here though with Bezos clocking in at $135 billion and Arnault at $145. With the year halfway over, perhaps there are still some big business surprises in store for all these gigantics business magnates.
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About the Author
As a devout aficionado of sports, Chris Boline has carved a career within the athletic realm. A skilled scribe, he boasts a decade-long portfolio that encompasses coverage of the NBA G League, the Los Angeles Chargers, football and basketball across the country. Beyond his professional pursuits, Chris is deeply invested in his community and dedicates his leisure hours to serving on boards, collaborating with community organizations, and cherishing the company of loved ones. CURRENTLY Business Development and freelance sports writing RESIDES IN Reno, NV EDUCATION University of Nevada BS and MBA EXPERTISE -Sports writing proficiency in: NFL, NBA, UFC, boxing, golf, and some motor sports -Topical news -Promotional and marketing ideas/updates -Business development Summary Chris Boline serves in a business development sales capacity as his day job. He has previously held sales/marketing positions with The Applied Companies (TAC), KTVN 2 News and the NBA G League’s Reno Bighorns, affiliate of the Sacramento Kings. He is a Reno native and is a member of various community boards including the Nevada Sagebrush Alumni Chapter, NCET and the College of Business Alumni Association (COBAA). Chris graduated from the University of Nevada in 2015 with a bachelors in management and economics and also earned his MBA from Nevada in 2023. More about Chris: Past president of the College of Business Alumni Association (COBAA) 2022-23 Two-time honoree for University of Nevada Alumni Chapter of the Year (Nevada Sagebrush Alumni Chapter, 2017 & COBAA, 2021) 2021 NCET award for Professional Services Organization of the Year with TAC Northern Nevada Human Resources Association 2020 Best Places to Work-Northern Nevada, Second Place with TAC 2016-17 Reno Bighorns MVP from the Sacramento Kings The Nevada Sagebrush editor-in-chief 2013-15 Associated Collegiate Press 2015 Four-year Non-daily Newspaper Pacemaker honoree University of Nevada, Reno College of Business Dean's List honoree (5x) from 2011-2015 Nevada Press Association award for Best Sports Column – Community in 2015 Education
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