You have the chance? Bet on the price of your airline ticket

 You know what they say in Las Vegas: "what happens here, stays here.

That, of course, is a reference to all kinds of taboo "fun" to be obtained in Sin City, but suppose that some fun includes placing outrageous bets. Well, get ready: this game could go mainstream if an airline based in Vegas has his way.

You see, Allegiant Airlines plans to ask passengers to bet on the price of their tickets.

I know that Saint Patrick's day is this week, but you may need more than the luck of the Irish for a regime Allegiant to work for you.

However, you could win big (and return to a few species). You could lose as much. A better alternative would be to weigh passengers and charged to the book. Yes, we'll get to that, too.

For travel ideas and more new see blog of Rick at farecompare.com

In case you are not familiar with Allegiant Air, it is a discount carrier, whose headquarters are in Las Vegas which focuses on accreditation to destinations in hot weather as Myrtle Beach, s.c., Orlando, Florida and Phoenix. Because he was not well paid for business travellers, there lots of frilly. And as all the airlines concerned This screenshot shows the Allegiant Air Web site. If an airline in Las Vegas gets its way, travellers may one day be able to play on their ticket. In aviation fuel prices soaring, Allegiant Air wants passengers to consider a variable price ticket, where the final price could rise or fall based on fuel costs. Close

For example, is a bet?

The airline suggested (and this has not yet be OK'ed by anyone, and especially the Government) that passengers choose between a "normal" ticket with a fixed price, or bet on a ticket of "variable". With a variable, passengers had to pay a price, but if fuel costs has decreased from the date of departure, the passenger would receive cash back. However, if the price rises, passengers would pay more (up to a certain limit, in any event).

Reminds me a bit of FareLock recent innovation of the Continental, which allows to book a flight and, for a fee from $9, keep this reservation at la fare locked as long as a week. If prices go up, you're golden. If prices fall, you can cancel your abrupt FareLock reservation without having to pay the costs of change (even if lose you nine bucks or what you're paying).

But back to Allegiant: such a plan would force transform us oil price day traders just to score a cheap ticket? And how many of us is really good at the game, anyway?

With regard to the volatile oil market fluctuations, we know that professionals do you always right. In fact sometimes they are tragically wrong.

Remember the summer 2008, when oil was just a whisper away from $150 per barrel? At this time, Goldman Sachs had come out with a report predicting that it could rise to $200.

Prudent passengers bought their way tariff air Thanksgiving and Christmas in advance, only to see oil came crashing and holiday tickets offered at rates of market bin. I can still hear the wailing of "smart" travellers who bought at the beginning, and yet it seemed smart at the time.

I bet that it seemed smart last September when the Business Insider site noted that US Airways was not fuel hedging, which prompted the reporter to ask if the airline "know [s] something, we do not know at the request of fuel in 2011? UH…apparently not.

On the underside, Bloomberg reports that for the single quarter, United has 63% of its needs fuel cover. Delta a 49 per cent and Virgin America has a whopping 80 percent.