Tuesday, May 24, 2005

Online world bets on Jackson trial outcome

Alexandria Sage writes for 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.

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