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Title: Betting on Whether the Winklevoss ETF will be Approved Post by: MJS_gold on February 19, 2017, 09:02:19 AM As a hedge, I'd like to bet a couple bitcoins against the ETF being approved (hoping to lose the bet). I read that BitMex is offering a "prediction contract" for this purpose, but I don't really know how that works. I'm also aware that they do not accept American customers (I'm American). If I wanted to bet on this contract, could I connect via TOR and deposit bitcoin without providing any identifying information? If so, how does this contract work? Does it provide fixed odds or does the payout vary depending on how people bet? Is their a fixed house vig or does that vary as well?
I also discovered it is possible to bet on the SEC decision at betmoose.com, which is an innovative peer-to-peer wagering site. I like how easy it is to place bets with bitcoin; you don't even have to register. You can send bitcoin anonymously and if you win, they'll send your winnings back to the same BTC address (or another BTC address of your choice). Due to the "Parimutuel" nature of the wager, however, I cannot bet nearly as much as I would like without dramatically changing the odds (against me). Therefore, I'd encourage anyone who wants to bet that the Winkletwins's ETF will be approved to check it out. I'll improve your odds by increasing my "No" wager! I also read that you can bet on the ETF decision at "OpenLedger", which purports to be a "decentralized conglomerate ecosystem." Can anyone explain what that is, and how it enables one to bet on the ETF approval? Any other good options for betting on whether the ETF will be approved? Title: Re: Betting on Whether the Winklevoss ETF will be Approved Post by: Xiaoxiao on February 19, 2017, 09:09:40 AM Are you asking to bet with someone in the forums? If so you'd need an escrow obviously. But I think you're just trying to spam Betmoose, and this post probably doesn't belong here.
Title: Re: Betting on Whether the Winklevoss ETF will be Approved Post by: MJS_gold on February 19, 2017, 09:19:28 AM I was not asking to bet with someone directly. I'm also not spamming betmoose. It just happens to be the only way that I know and understand to bet on this SEC decision. I am actually seeking alternatives to Betmoose that would enable me to place a larger bet.
Title: Re: Betting on Whether the Winklevoss ETF will be Approved Post by: Red-Apple on February 19, 2017, 11:48:42 AM I am actually seeking alternatives to Betmoose that would enable me to place a larger bet. then go to the gambling board: https://bitcointalk.org/index.php?board=56.0 to either find some casino that is currently offering the option to bet on this, a couple of them usually do. and make your bets there. or you can either open up a topic in gambling board or services board to find someone who is willing to bet with you. but don't expect anyone to take you up on that offer unless you use one of the trusted escrows on bitcointalk and put the funds there. this is the best option. Title: Re: Betting on Whether the Winklevoss ETF will be Approved Post by: Xester on February 19, 2017, 12:24:21 PM I am actually seeking alternatives to Betmoose that would enable me to place a larger bet. then go to the gambling board: https://bitcointalk.org/index.php?board=56.0 to either find some casino that is currently offering the option to bet on this, a couple of them usually do. and make your bets there. or you can either open up a topic in gambling board or services board to find someone who is willing to bet with you. but don't expect anyone to take you up on that offer unless you use one of the trusted escrows on bitcointalk and put the funds there. this is the best option. That is right since there is a proper thread for that kind of topic which is on the gambling board. But since you posted it here in this section of the bitcointalk.org forum I can say that the experts on gambling will not reply to you since your post is considered off-topic. So to get your comment find a proper and exact answer you must repost again at the gambling board. Title: Re: Betting on Whether the Winklevoss ETF will be Approved Post by: 7788bitcoin on February 19, 2017, 01:22:55 PM I guess you also need to include a deadline for the betting... Maybe you will have three choices: 1) Yes; 2) No; 3) Still pending!
The Winklevoss ETF has been long overdue and no one knows how much longer it will continue to drag on... Oh yes I know they said soon... |