As oil and sludge continue to surge onto the Gulf Coast from BP’s blown out Deepwater Horizon well, more and more animals are suffering. But one company sees a way to profit from the calamity. And if you’re the betting type, you could pad your pockets along with it.
As the New York Times reported this week, gambling website paddypower.com — which places odds on events from political elections and stock market crashes to volcano eruptions and summer heatwaves — is taking bets on which marine species in the Gulf will be the first to go the way of the dodo as a result of what may be the world’s largest oil spill.
“We kind of have a very simple philosophy at Paddy Power — within reason if there is a very newsworthy event that are people are talking about, people should be allowed to back up their opinion with some cash,” company spokesperson Ken Robertson, told the NYT.
Kemp’s Ridley turtle is currently leading the pack with 4/5 odds. Long shots (at 20/1) include the Gulf sturgeon, the elkhorn coral, and the smalltooth sawfish, whose cousin, the largetooth sawfish, was proposed as a federally endangered species on May 7.
Is this a good way to “highlight the environmental catastrophe,” as