Forget betting on the horses. We mean, who wants to gamble on a sport which has been brought into “disrepute”? One would feel positively unsavoury.
With the racing horse having bolted, the clever kids at Sportsbet.com.au have launched a new retail betting market which pits David Jones against Myer. Now that's posh, clean, finance-depleting fun.
The battle of Australia’s retail giants will no doubt become fiercer than ever as punters now place bets on who will have the higher valued share price by the end of the year.
Sportsbet.com.au has installed David Jones as the $1.75 favourite to have a higher share price, with Myer the $2.00 outsider.
Sportsbet.com.au’s Ben Hawes said: “Their share prices are almost identical and the betting is also relatively close but we feel DJ’s has the better strut right now and less likely to stumble.”
Handbags are poised for battle.