By now, you can even bet on the outcome of Hugo Chavez’ health

June 27, 2011

By now, you can even trade (or bet!) on the possibility that Chavez will not be President by the end of this year.

Is that cute or what?

Markets, love them and hate them!

(Thanks to you know who!)

Note added: Venezuelan bonds went up sharply today, as people bet that Chavez may be out of the picture in the future. It is not a bad bet, if Venezuela’s risk goes down 300 points, the Global 2027 bond goes up 19 points or 25%. If nothing happens you collect 13% annualized.

16 Responses to “By now, you can even bet on the outcome of Hugo Chavez’ health”

  1. CarlosElio Says:

    Need a third option. If he had an macro hemorrhoid and the Cubans shaved it off, he may still be a president albeit a half-ass one.

    My money goes to the half-ass president bet

  2. Andres F Says:

    Cool. To bad there are only 10 shares to buy/sell.

  3. amieres Says:

    Right now the prices are 8$ to bet that he wont be president by the end of this year. If you’re right you get 10$ back for a profit of 2$. That means the odds st this moment are 5 to 1 that he WONT last the year!

    Alternatively you can bet 2$ the he’ll still be president by Dec 31st and if that’s the case you get 10$ back for a profit of 8$.

  4. amieres Says:

    Sorry I meant odds are 4 to 1

  5. amieres Says:

    I’m guessing that’s just one persons bet. This person is willing to bet 100$ with 80% probabilty that Chavez wont last till the end of the year.

  6. ErneX Says:

    Carómetro ain’t looking good at all!

    • Marypuchy Says:

      Save this picture for the history books!………………… PRICELESS!

      I had my happy hour beer spew out my nose I was laughing so hard!

    • moctavio Says:

      upgraded to post, thanks, those faces are FACT

      • Marypuchy Says:

        There need to be a caption contest for this photo………

        • Glenn Says:

          Here goes:”If we agree to vote for Capriles as a group (PSUV) may we keep our jobs please and not go to jail?”

      • Glenn Says:

        Is the carometro because their boss is dying and it’s sentiment or because they might lose their jobs or because they might go to jail? That’s the saddest bunch of clowns I’ve ever seen.

        Yeah ole Adan might be trying on the Raul Castro clothes but I’d bet he’s a bigger coward than his brother.

  7. moctavio Says:

    I tweeted that, Priceless

  8. ErneX Says:

    Tarek El Aissami said on june 9th that Clodosvaldo Russian was in “franca recuperación”, only to day around june 20th.

    We can’t believe any of what these clowns say.

  9. ErneX Says:

    Correction: “only to day” = “only to die”.

  10. amieres Says:

    By now the odds have changed it used to be 80% in favor of Chavez being out before Dec 31st but there were no takers at that level. Now is down to 20% and someone accepted that bet. It’s 1 to 4 odds.


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