Hold Onto Your Hats - WagerWeb.com Posts Odds on Tropical Storms and Hurricanes

[WagerWeb.com]

San Jose, Costa Rica ? May 3, 2006 ? WagerWeb.com, one of the Internet?s largest betting sites known for its offering of odds for the hottest issues surrounding the news media (especially sports), posted odds today on the likelihood that tropical storms and hurricanes will blow into the country with the same, less or greater force than last year. Predictions by experts call for storms hitting landfall in the U.S. to be almost 50 percent greater than previous years. High winds and torrential rainfall took a heavy toll in 2005.
?Last year?s hurricanes and storms hit the country with a one two punch that crippled the Eastern half of the country,? says Dave Johnson, CEO of WagerWeb.com. ?This year could be worse, so we figured that posting odds would get people out of their chairs into the home stores buying water, lumber and flashlights.?
The odds ask bettors to predict wind speed and numbers of storms as follows (?110 means $11 bet wins $10):

Total Number of Atlantic Tropical Storms/Hurricanes

Over 21.5 10:11 -110 **Risk $110 to win $100
Under 21.5 10:11 -110 **Risk $110 to win $100


Total Number of Hurricanes (Wind Speed at least 74 mph)

Over 10.5 10:11 -110 **Risk $110 to win $100
Under 10.5 10:11 -110 **Risk $110 to win $100


Will there be a Category 5 Hurricane (155+ mph winds)?

Yes 10:11 -110 **Risk $110 to win $100
No 10:11 -110 **Risk $110 to win $100


Note: National Weather Service statistics/classification for 2006 will be used for grading purposes. Post-season re-analysis will not be counted towards wagers made on this release.

About WagerWeb
WagerWeb.com, founded in 1997, is a privately held, offshore online gaming company, fully licensed and located in San Jose, Costa Rica. With almost 10 years of experience, innovation and gaming technology, Wagerweb.com features a sportsbook, a racebook and casino and has accepted more than 50,000,000 wagers since the company?s launch.

Media Contact
Dan Grody
Tellem Worldwide
310.479.6111
stellem@tellem.com

 

[AR182]

i think this is in poor taste....

your company should be ashamed of itself for offering odds about this....

 

[Penguinfan]

AR, we will probably end up in the minority on this one, but I have to agree. Big thumbs down for this one, poor taste indeed.

 

[shawn555]

“Last year’s hurricanes and storms hit the country with a one two punch that crippled the Eastern half of the country,” says Dave Johnson, CEO of WagerWeb.com. “This year could be worse, so we figured that posting odds would get people out of their chairs into the home stores buying water, lumber and flashlights.”


This may be the dumbest thing i have ever read in my life. You guys are scum and i will never ever deposit with you guys.

 

[gman2]

once again, great marketing wagerweb. you've done a terrific job of steering people AWAY from your book.

 

[Blackman]

I still question the demand for these type of wagers. I've met some real action junkies in my day, but who in the world actually puts down some cash on these things? Scary concept for me to accept that there is interest in this stuff.

 

[SpursDynasty]

Can we really get rid of cutsey titles and BS around this.

Where can i email about the stoppage of this?

 

[shawn555]

How about a response to this crap wagerweb? Or do you just throw these promos around and not give it a second thought.

 

[Beebs]

fukin @ssholes at wagerweb can go straight to hell

 

[Lucy11]

Next Wager Web could post odds on the bird flu hitting the US and an over/under on how many people will die.