Facebook has finally filed for an IPO, but it likely won't start trading for months. For those who can't wait to gamble on the stock market, bookies are accepting bets.
Paddy Power -- the largest Irish bookmaker with 3,300 transactions per second -- set its odds on Thursday, a day after Facebook filed its paperwork.
"Facebook is such a part of our day to day lives, so customers came to us asking about it," says Paddy Power spokesman Féilim Mac An Iomaire.
It's an unlikely 10/1 that Facebook will price its IPO at less than $25 a share. The highest odds fall in the range of $35 to $44.99 a share, while $65 and above is set at 9/2.
If hard numbers aren't your bag, Paddy Power is also taking bets on who will ring the stock exchange's opening bell on the day Facebook begins trading.
Bell-ringer odds are high, of course, on Facebook CEO Mark Zuckerberg at 1/100. Founding president Sean Parker is set at 25/1. Bono, the U2 frontman and Facebook shareholder through private equity firm Elevation Partners, is a slim 100/1.
Like most Irish and U.K. bookies, Paddy Power lets its 2.7 million customers bet on "pretty much anything they fancy," joked Mac An Iomaire. "We set bets on Charlie Sheen's next... Source/Origin >> Read More
