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Site takes bets on Facebook

They say launching a tech company is a gamble in and of itself, but sometimes that just isn't enough to bet on.An Antigua-based sports betting site called Bodog has opened up speculation on when Facebook will reach the milestone of one billion users around the world--and also whether the company will go public by the time this happens.
Written by Caroline McCarthy, Contributor on

They say launching a tech company is a gamble in and of itself, but sometimes that just isn't enough to bet on.

An Antigua-based sports betting site called Bodog has opened up speculation on when Facebook will reach the milestone of one billion users around the world--and also whether the company will go public by the time this happens.

The odds are good for both of them. Bodog places 4/6 odds on Facebook hitting a billion users before January 1, 2012, and 11/10 on the company going public before reaching that user count. A release from the company said that it's more skeptical about the billion-user milestone occurring first because "in our world there's no such thing as 'almost guaranteed'," quoting remarks from Facebook founder and CEO Mark Zuckerberg earlier this summer.

For more on this story read Gambling site wagering on Facebook IPO date on CNET News.

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