Online betting blog Online Casino Advisory reports that in the wake of Guillermo del Toro's defection from the planned two-part The Hobbit film adaptation, online casinos are taking novelty bets on when the first film will see its premiere.
From the site:
Oddsmakers see chances of the story of Bilbo Baggins reaching the silver screen anytime soon as highly unlikely, leading to a payoff of 500-1 if somehow the film were finished and released before the first of the year. Even a 2011 date for the tale of Bilbo's adventure in Middle Earth [sic] may be almost out of the question, as Internet casinos offer 100-1 gambling odds that the film doesn't come out next year.
Oddsmakers are giving 5-4 odds that the first film premieres at the end of 2012.
Online casinos are also taking bets on the fate of the next film in the James Bond franchise; both Bond and Baggins are tied up in the fate of movie studio MGM, which may soon enter bankruptcy.

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