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All your sports information for those investing Vegas-style in the outcomes of sports games. Predicting games against the line in all sports, especially football, American and English style.
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Barbie Box Office Analysis

Currently, Polymarket offers a better than 33 to 1 return on whether the final actual Barbie box office (not the estimates) show first weekend of release topping $150M domestically. I think betting against $150M+ box office at those odds would be a smart bet, and here's why.

Barbie box office was $70M for Friday, but was actually $48M from Friday ticket sales, as that "Friday" total includes Wednesday and Thursday ticket sales due to a large number of pre-booked previews. Barbie's marketing campaign got a lot of pre-booked tickets for Friday as well. The box office estimators assume Barbie will have no Friday-to-Saturday drop off, and total $48M again, and then they expect only a small Sunday drop-off to $37M on Sunday for a domestic weekend projection of $155M. Here's why I think that is less than the 97% chance the markets give it.

First, since Barbie isn't really a kid's film, a bigger Sunday drop-off should be expected, closer to the 30% norm for such films. Second, the Saturday and Sunday box offices will be impacted more by word-of-mouth than the marketing-dominated Friday box office numbers, though the real impact of word of mouth won't be felt until weekend 2. If Barbie drops off 20% on Saturday, then Saturday's total comes in under $40M, and if Sunday's drop off fits the norm of 30%, then Sunday's total will be under $30M, and that brings the box office total closer to $140M than safely over $150M. That would be a big change from the $170M projected after the $22M preview number posted, and suggest word of mouth on the film is much more negative than the marketing portrayed. It would also, as a side point, be a basis for estimating damages for those claiming the false marketing campaign tricked them into seeing the film. (E.G., at least 30% of the film's box office is from fraud.)

Hence, getting 33 to 1 odds is worth the investment if you are able and so inclined. I would take the bet up to 50% odds.

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This post is partially motivated by the incoming surge in official picks we are going to have as well as the dismay here some have experienced with the downturn we've had over the past few weeks. Risk-based moneymaking is not an easy pursuit and the vast majority of people who try their hand at it fail. It is important that you arm yourselves with as may tools as possible so that you will be in the profitable minority. Most people find it difficult enough to look at their investment portfolios during a relatively mild downturn, and that's with professional hedge fund managers doing insulating them from the very real challenges of risking our money and making a profit from it. Anyone who is active here is choosing to take that risk into their own hands. There are big rewards for this but also very big risks. This post is about preventing you from being taken out by those risk.

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