Put Your Money Where Your Greenhouse Gas-Exhaling Mouth Is

I wonder what Al Gore thinks of these odds?

Online Gambling on Global Warming

NORFOLK, Va. (AP) - Think global warming will raise the oceans enough to submerge Cape Hatteras? Want to bet on it?

An online gambling service has started taking bets on global warming, including whether it can submerge some of the East Coast's top vacation spots.

The odds that Virginia's Cape Henry will be under water by 2015—200- to-1 at BetUs.com. Its odds for Cape Hatteras flooding by the same date—300-to-1.

Don't bet on it, says Phil Roehrs, a coastal engineer for the city of Virginia Beach. Roehrs said although sea levels are rising along the East Coast, scientists are not predicting anywhere near the levels and dates provided by the gambling service.

"No wonder the odds are so good," Roehrs said.

That hasn't stopped bettors from taking a chance. About 3,000 placed bets during the first three days on online booking, said Reed Richards, a spokesman for BetUs.com.

Most gamblers on the site have put down money that Manhattan will be submerged before New Year's Eve 2011.

"Don't ask me why," Richards said.

Should be easy money for the Global Warming doomsdayers. They could purchase so many carbon credits with their winnings that maybe Toyota would name a hybrid model after them.