Bodog takes PS3 bets

This time of year is a sports gambler's paradise. The World Series is under way, the NFL is almost halfway through the season, NHL has dropped the puck, and the NBA season begins next week.

Plenty of celebrity-based gambling is also seeing action online. Online gambling site Bodog.com is taking bets on whether Britney Spears will adopt a foreign-born baby, Wesley Snipes will see jail time as a result of tax evasion, and Eddie Murphy and Malanie "Scary Spice" Brown will announce that a baby is on the way.

Now, gamers have a place to throw caution (and plenty of money) to the wind. In the Business Props section of Bodog, several bets can be placed regarding the PlayStation 3. The smart money is taking the "No" option on "Will Sony reduce the $499/$599 price tags on PlayStation 3 before the expected United States launch date of November 17, 2006." Betting $50 on "no" pays off just under $10, whereas "yes" pays $152 for every $50 down.

Wagers can also be placed on the Food & Drug Administration (FDA) denying approval of the PS3 before launch (the FDA regulates any device that may emit radiation). The only bet that gamers themselves can actually influence (though it isn't exactly cost-effective) is predicting which PS3 launch title will sell the most on November 17. The favorite is Madden NFL 07 at 2-to-1, with F.E.A.R. the longshot at 19-to-1.

The maximum wager is $50, and strict rules apply to each bet. Bodog is no stranger to games. The site's brand recently made an appearance in Sierra Entertainment's film-to-game adaptation Scarface: The World Is Yours.