Online Bookies Bet on Jackson Acquittal
LOS ANGELES – As reported by Reuters: "Whether or not Michael Jackson's jurors still have a reasonable doubt about his guilt, the wild world of Internet betting has rendered judgment: the smart money is on acquittal.
"No longer limited to chats around the water cooler and late-night talk shows, speculation about the outcome of the Jackson trial has become a staple of online betting sites and trading exchanges.
"With the trial in Santa Maria, California, nearing its end, online speculators believe the likelihood of an acquittal is higher than Jackson's chances of being convicted.
"On the Dublin-based Tradesports.com Web site, the odds of a conviction for at least one count of molestation were 43 percent on Monday.
"…'We know people are interested in this,' said Calvin Ayre, CEO of Costa Rica-based Bodog.com, which posts a similar betting line…"

