Web Site Takes Bets On <i>Lord of the Rings</I> Success12 Dec, 2001 By: Hive News
If bookmakers are any indication, Lord of the Rings is the hottest ticket in town for next week.At least that's the premise behind offshore betting Web site Intertops.com's new game, taking bets on the success of The Lord of the Rings: The Fellowship of the Ring.>The site operators (along with numerous industry watchers) believe The Lord of the Rings: The Fellowship of the Ring> appears poised to challenge box office records Harry Potter and the Sorcerer's Stone set only weeks ago.Gambling that Lord of the Rings will be the biggest film of the Christmas season, Internet sports betting site Intertops.com started offering betting options on the film's box office success, including odds on it breaking various box office records.Last month, Harry Potter set the three-day opening weekend box office record, earning $90.3 million in the first weekend of release.Intertops.com has listed Lord of the Rings as a slight underdog at 5/8 odds (i.e., win $5 for every $8 bet) to surpass that total. Bettors may also wager on whether The Lord of the Rings: The Fellowship of the Ring> will break or tie the record for the fastest film to earn $200 million set in Star Wars: Episode I--The Phantom Menace's first thirteen days of release at 67/100 odds (or that it will fail to match that feat at 11/10). In addition, the site has created an over/under line for the film following Harry Potter's lead by earning $30 million on its opening day, a wager patrons can make at 5/6 odds.The site will offer Lord of the Rings betting options through the film's Dec. 19 opening day. Results will be based on the totals as calculated by ACNielsen EDI and the site cautions that all odds are subject to change.