Ahead of the widely anticipated "Saturday Night Live" appearance by Tesla Inc TSLA CEO Elon Musk, sportsbooks are now offering prop bets on crypto mentions, Kate Rooney reported Friday on CNBC.
Oddsmakers are setting up prop bets around what Musk might talk about first, Rooney said, adding that one gambling site has Bitcoin BTC/USD as the favorite at -200. Dogecoin DOGE/USD is listed at +600, the field is +450 and "Does Not Mention Crypto" sits at +400.
Dogecoin Use Case: Andrew Ross Sorkin asked Rooney if there is a legitimate use case for Dogecoin.
She responded by noting that Mark Cuban is accepting Dogecoin as payment for Dallas Mavericks tickets and merchandise. Recently, the Oakland Athletics announced the team would accept Dogecoin as payment.
"The meme-based cryptocurrency is "snowballing into a mainstream payment method," Rooney said.
Related Link: Could Elon Musk's 'SNL' Hosting Cause A Bump In Tesla Or Dogecoin?
Betting On Saturday Night Live: Offshore sportsbooks such as BetOnline and Sportsbetting.ag are listing multiple bets in regard to the Elon Musk "SNL" appearance.
The following are the best prop bets available:
What will be said first by Elon Musk?
- Tesla +150
- SpaceX +225
- Moon +250
- Doge +250
Will Dogecoin's value increase from the start to the end of SNL show?
- Yes -175
- No +135
First to be seen during a skit?
- Spaceship +125
- Mars +150
- Electric Car +225
Will Elon Musk get a vaccine shot in a skit?
- No -700
- Yes +400
Elon Musk and Miley Cyrus to kiss during SNL?
- Yes +900
- No -3000
Will an SEC investigation be launched after the show?
- No -3000
- Yes +900
Photo screenshot via "SNL" YouTube page.
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