Bookies take bets on Euro PS3 price cut

via Games Industry


Bookmakers Paddy Power are taking bets on how much Sony is likely to cut the price of the PlayStation 3 in Europe.

The company is offering odds of 11/8 that Sony will reduce the price between GBP 376 and GBP 400 ahead of an expected announcement this Thursday.

Sony has reduced the price of the PS3 in North America by USD 100, prompting the bookmaker to offer six options to punters, including 8/1 odds that there will be no price cut at all.

Sony has only so far implied that an announcement relating to the the value of the console is due this week, with some expecting software to be bundled with the PS3 rather than a price cut.

sony should make a £1 billion bet on this and keep the price the same they would make a fortune