Hey there!
So I just had an idea, let's bet on the winner of the finals of the Eurovision songfestival!
The way this would work, is basically you bet on the country that you think will win the festival. Say, Bob bets 1BTC on Denmark, and Alice 2BTC on the Netherlands, the pool is 3BTC, Denmark wins and Bob receives 3BTC. However, say Bob,Bill,Joey and Sarah bet on Denmark with 4BTC, and Alice on the Netherlands with 2BTC, the pool is 6BTC, Denmark wins the 6BTC are divided over these four, so 6/4 = 1.5BTC per person. And that's how this will work!
Q. To who do we give the bets? I don't trust you!
A. You have all right to, unless I can find an escrow, this will be a trust system.
Rules!
1. New users can only bet up to .1BTC.
2. This will use a trust system unless I can find a reputable escrow - DO NOT SEND BETS TO ME, OR ANYONE ELSE.
3. People with a scammer tag or scammer reputation can not bet - sorry!
4. Betting will be open untill the results are coming in, this means you can still watch all the performances and then place a bet.
Spreadsheet with bets :
https://docs.google.com/spreadsheet/ccc?key=0AvzceU1B6xtPdDBJUC1GR2lmWk9vMllmakU3VG5KekE&usp=sharingHappy betting and have fun watching the festival! (I certainly will!)
EDIT : Forgot an important part, to bet post your bet here or PM it to me.
