There Must Be A Pony In Here Somewhere
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Why a Pony? To be clear, there were no ponies harmed in the making of this blog. The blog’s name, “There Must Be a Pony In Here Somewhere,” comes from an old joke, a favorite of Ronald Reagan’s, that essentially means, with a pile of you-know-what this big, there MUST be a pony—a bright side—in here somewhere!

Hot Tip: Bet on Taxes
CNBC.com Staff Writer
They say the only things certain in life are death and taxes.
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Sami Sarkis | Photographer's Choice | Getty Images |
But tax returns — well, those are a lot less certain. One year you could be swimming in cash, the next, you're pondering selling your blood to pay off Uncle Sam.
One way to make up the difference — without drawing blood — is betting on taxes.
YouWager.com, a betting site that offers odds on everything from presidential elections to the unemployment rate, airplane policies, state marijuana legalization and iPad sales [AAPL
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], is now taking bets on tax returns.
“People like betting on whatever we put lines up for. If we make a line for it — someone will bet on it,” said Cory Scott, manager of YouWager.com. “With something like tax returns, it might generate more interest because it’s something that affects almost everyone nationwide.”
So far, the bets are leaning toward the average refund coming in higher than last year's average of $2,683 and that, of the "least-friendly tax states," New Yorkers will see the lowest average refunds. Connecticut and NJ were also contenders, along with Maryland and Hawaii.
It may seem odd to bet on something like a tax return but Scott says he thinks thinking it's odd is odd.
“I find it amusing that betting on the economy, tax returns or company profits (losses) seems so alien to the average American when the stock market is such an important part of American culture,” Scott said. “In the end, it’s all the same.”
So, does that mean one day we'll be able to invest our 401(k)s on betting sites like YouWager?
I can see the call to my broker now:
OK, so here's the allocation I'd like:
- 20% Stocks
- 20% Bonds
- 10% iPad Sales
- 50% My taxes will go higher!
Questions? Comments? Email me at or drop a line in the comment box below.
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