- Bitcoin has -125 odds to go up during the Super Bowl.
- Bettors can get -105 odds on Bitcoin’s price to go down.
LOS ANGELES – While the Super Bowl goes on, many will be focused on the stock market. However, there’s a way for bettors and day traders to crossover into the same world.
Bitcoin Price During Super Bowl
The price of Bitcoin has been dropping steadily over the last few months, but legal sports betting sites are suggesting the price will rebound a bit during Super Bowl 56.
Bitcoin Price During Super Bowl Odds
- Goes Up -125
- Goes Down -105
The bet specifies that a note will be made of the price of Bitcoin during the opening kickoff and then once again when the final whistle blows. It also specifies the price listed on bitcoinaverage.com will be the official source.
Surely there are ways to monitor a stock’s history and project the movement going forward, but not many are qualified to do so. Given that the NFL betting sites are favoring one side, that may be all the information that is needed as sportsbooks are often much smarter than the betting public.
Cryptocurrency Super Bowl Relations
It’s been reported that multiple cryptocurrency companies have Super Bowl 56 commercials which could help inflate the price of Bitcoin. The cryptocurrency saw a big surge in price around this time last year, which could be another note hinting at the possible rise during this Super Bowl
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Nick is a sports writer and die-hard sports fan. He graduated from Penn State University with a degree in Broadcast/Journalism. In his free time, he enjoys kicking back and relaxing with a good video game.