X-Men 2: Over/Under set at 70 mil

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At WSEX. Any thoughts? Initially, I am leaning ever so slightly towards the under, but, I have to do a bit more research.

Anybody's thoughts are welcome.

JP
 

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If you're thinking of taking the Under, then you should go to INTERTOPS.com and bet on the following:

60 million to 69.9 million for +300

That way you get 3 to 1 , instead of only even. Triple your money back!!!
X-men won't go under 60, so you'll be safe.

Gil
 

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This is getting very interesting. I guess they were hit hard with the over and now the line is at 72.5 million. And, the UNDER is taking back +115. At this line, I have a very heavy lean towards the under but will wait a bit more.

JP
 

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boxofficemojo.com reports it took just over $30 million on Friday! Aiiieeee!
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"Super Early 'X2' Friday Estimate - $30+ Million..."

'X2: X-Men United' took the nation by storm on Friday with even greater force than previously thought.

The early numbers that made it look like a $27 million Friday foir 'X2' didn't tell the full story. More info poured in and it looks like the Marvel-ous mutants enjoyed an opening day in the low $30 million range, upping its weekend trajectory to about $80 million.

That puts 'X2' well ahead of summer 2001's kick-off 'The Mummy Returns,' which unwrapped $23 million on its opening day and $68.1 million for the weekend. 'Spider-Man' shattered all records on the books with its $39.4 million opening day on this same Friday last year, leading to its unprecedented $114.8 million weekend.

The first 'X-Men' movie took in $21 million on its opening day in 2000, which would equal over $23 million today adjusted for ticket price inflation. It nabbed $54.5 million in its first weekend.

Complete and precise Friday estimates will be posted shortly.

NOTE: The initial estimate was made at around 1 a.m. Pacific time. Apparently, the early reports from theaters (mostly East Coast obviously) turned out to be very incomplete. The estimates I make Saturday mornings (i.e. when the sun is up) remain the most accurate available.
 

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I actually stayed off this wager completely. The only play that I made was on the OVER 13 mill. for Lizzie Mguire.

This one could have gone either way, and, I was seeing too many estimates putting this one over 80 mil.

JP
 
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niiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiice.
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X2 is going to pimp T3 like a little bitch.

Haven't seen the numbers yet, but I like your over on LG, jc. goodluck.
 
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Looks like the Lizzie Mguire over is money, made 5.6 on friday. Damn, I was going to hit that one as well, but have too much money tied up atm...
 

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Hey, Oren. First off, thanks for the congrats. Secondly, I have a question for you. How do you project what a movie will do, after getting the Friday numbers? In other words, if a movie does 6 mil on Friday, what is the projection for the whole weekend? Any thoughts?

JP
 

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according to the-numbers.com, X2 did $33,896,000 on Friday. Spiderman last year did $39,406,872 on the first day last year. Expect Saturday to probably be around $40 mill with (hopefully) another $30+ on Sunday
 

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*Expecting* over a 15% increase on the second day of release? No way, no how... Spiderman was an anomaly, and it only had a 10.7% boost its second day -- and it had a HIGHER opening day totals than X-Men 2. Most movies DIP between 5-10% on their second day of release.

X-Men 2 is doing very well, and I feel pretty comfortable with my OVER 75.5 million wager -- but I don't expect this movie to top $95 million opening weekend.
 

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Don't see why X2 couldn't hit +15% on Saturday. More people will go see a movie on Saturday than Friday

Here's some recent movies:

Identity: +16.99% day 2
Anger Management: +11.27% day 2
Confidence: +37.55% day 2
Phone Booth: +18.88% day 2
The Core: +26.09% day 2

Those can't all be anomalies. I think it has more to do with the word of mouth a movie gets off the bat, and X2 is being extrememly well received. But take a movie like Daredevil, (which 3 people called me on after the first Friday and told me not to waste my time going to see it)- yeah, a movie like that will have a drop the next day.
 

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I think the big difference between X2 and all of the movies you listed is hype and fanbase. The reason X2 is doing so well is because it has a large fanbase -- most of that fanbase will have gone to see it on Friday though.
 

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I hear what you're saying. I admit that I'm a little biased in that I left work and saw it twice in the afternoon on Friday, both times the theaters were less than half full (because of this, I was actually surprised by the first day take of over 30 mill). So I'm basing my projection on the assumption that those same daytime showings on Saturday will now be full with no one at work or in school - giving it an increase. We'll see, but no matter what, the OVER looks like money!
 

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Lets hope... I've got 3 different wagers all riding on X-Men's results:

X-Men 2 OVER 75.5 million
X-Men 2 +15 million VS The Matrix
X-Men 2 +0.5 million VS Terminator 3

If X2 can get to $95 million for the weekend, those 3 would be locks.
 
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Mojo's got it projected at 88. JC, to get a very rough estimate, I just multiply it by 3
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Up on saturday, down on sunday.... Not sure why it might be different for big blockbusters, that saturdays are lower than fridays? usually Saturday is the biggest day, maybe for these big movies like someone mentioned, the theaters get over-saturated on Friday because of the anticipation factor. Haven't looked into it.
 

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From what I've been reading, it seems like the Friday numbers were a few million too high than the actual numbers. If it got $31 million the first day, and $32 million the second day, yet $88 million is the forecasted weekend total, you're looking at a HUGE dropoff from Saturday to Sunday.

As I said, with a movie that draws in this much money its opening day, an increase of 15% is just way too unrealistic. Totals right now show the increase to be 3% from Fri->Sat.

It's the movies that pull in less than $20-$25 mill on their opening days that have the large increases (10-15%) on the second day.
 
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plus, the friday numbers were inflated by the 12:midnight wednesday night showings.
 

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<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by winkyduck:
according to this:

http://movies.yahoo.com/movies/feature/weekendboxofficer.html

$85.9M<HR></BLOCKQUOTE>

Shit. While I do have a small amount on "X-Men2 76 million to 85.9 million" at +120, that was just a backup to my real bet "X-Men2 86 million to 97.9 million" @+300. If I miss that by less than $100K, I'll be pissed. The $85.9 figure is Fox's estimate. Other movie studios have put the estimate between 90-95 mill:

<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>"It exceeded our expectations," Fox distribution chief Bruce Snyder told Box Office Mojo. "On Thursday, I was thinking maybe we'd get $75 million. So $85 million was a pleasant surprise, though not shocking."

However, the weekend does have a twist. Fox's estimates have been overly optimistic for tent poles before, such as last May's overshooting of Attack of the Clones's opening by $6 million and the first X-Men's by nearly $3 million. This time, though, the opposite may be true as competing studios have X2 pegged $5 million higher than Fox does.

"It's so tricky to make estimates with a release this wide, factoring in all those missing theaters," Snyder explained. "Everyone else has us at $90 million to $95 million. I hope they're right."
<HR></BLOCKQUOTE>
 

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