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Napier Auction: L48 Samson in Florida
The first unique market I would like to explore is the auction of a ‘Samson” L48 vehicle that was the first car to cross the 100 MPH mark in America.
Napier Auction: L48 Samson in Florida | |||
Under $1.1 million | -150 | -150 | -150 |
Over $1.1 million | +110 | +110 | +110 |
In 1983, the meticulously recreated Napier raced at the Brooklands Reunion and the Shelsley Walsh Hill Climb. A decade later, it found its way into the ownership of Peter Briggs, who housed it in his York Motor Museum in Western Australia.
The car made a grand appearance at the Pebble Beach Concours d’Elegance in 1999, receiving the prestigious Automobile Quarterly’s “Most Historically Significant Car” award. Every intricate detail of the lost original was faithfully replicated in this L48, down to its six-cylinder engine.
Car of the Week: The Napier ‘Samson’ L48, a legend that first broke 100 MPH in the US! 🚗💨 This stunning recreation might hit $1.1M at auction. #NapierSamson #CarHistory #AuctionAlert 🏁💰🔝 #pedal #pedalapp #thisispedal
Discover more: https://t.co/RdsWHwHUF0 pic.twitter.com/bxTuKYer6b
— PEDAL® | Car App (@thisispedal) February 20, 2024
Born from the same spirit that propelled Napier to create one of the most remarkable race cars in history, this recreation is valued at an estimated $1.1 million.
The total we are provided by oddsmakers in on this option is exactly $1.1 million. While, that may seem like a lot for this vehicle, there is a lot of sentiment attached.
I actually disagree with the oddsmakers and would recommend wagering over $1.1 million at +110 odds at Betonline.
Oil Price (Barrel)
Oil Price (Barrel) | |||
Under 77.50 | +100 | +100 | +100 |
Over 77.50 | -140 | -140 | -140 |
There’s an intriguing market catching the attention of many: the price of a barrel of oil.
Oddsmakers are currently favoring the Over $77.50 option. The odds for selecting “Under” $77.50 are at +100.
When making an informed bet, it’s essential to consider the seasonal gas and oil consumption trends, especially during winter and summer.
During winter, road trips typically decrease, but more people rely on oil for heating their homes. This market is set to close at the end of February, and I anticipate a potential price increase.
U.S. will continue strong exports of natural gas, Biden official tells senators https://t.co/WiKJC5SJv9
— Crude Oil Prices (@CrudeOilPrices) February 8, 2024
In the past month, the price of a barrel of oil has risen. At the end of November, it was around $73.
Oddsmakers have set even odds for both sides of the market, but their uncertainty could present an opportunity for gains.
Prices are likely to rise if there are any disruptions to the oil supply. Given these factors, I’m leaning towards betting over $77.50.
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Gallon of Gas US National Avg on February 29th
Before we unveil our predictions, let’s look at the current cost of a gallon of gas at $3.27 as of February 22th. The exciting aspect is that we’ll receive favorable odds on most selections, which is always a plus in betting.
Gallon of Gas US National Avg on February 29th | |||
$2.74 or Lower | +3000 | +3000 | +3000 |
$2.75-2.99 | +900 | +900 | +900 |
$3.00-3.24 | +200 | +200 | +200 |
$3.25-3.49 | -3000 | -3000 | -3000 |
$3.50-3.74 | +5000 | +5000 | +5000 |
$3.75 or Higher | +20000 | +20000 | +20000 |
A more detailed analysis of this market reveals that a gallon of gas cost slightly over $3.65 a month ago.
Although it might not be immediately evident, the oddsmakers seem to anticipate that a gallon of gas has not plateaued and should steadily increase in price.
$2.75-2.99
Another interesting price range to wager on is the $2.75-2.99 market. For some reason oddsmakers have priced this one at +900.
The implied probabilty of +900 is only 10%. However, something doesn’t seem to be adding up, because for any type of change or deviation from the $3.25-3.49 range will be very profitable.
$3.25-3.49
Oddsmakers are so confident that the gas price will be below this number that they are pricing this outcome at -3000 odds!
The implied probability of a -3000 prop occurring is 3%! I recommend staying away from this option.
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