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Author Topic: Almost 1:1 ratio for a bet on Betsofbitco.in  (Read 2571 times)
whathe12 (OP)
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March 13, 2013, 04:01:51 AM
 #1

http://betsofbitco.in/item?id=1258 is the bet.

Apparently before the fork it was around 5 - 20 with 5 in agreement and 20 disagreeing but after the fork it raised to nearly 80 - 70 with 80 in agreement, but only thing is the price didn't close at $5 down at the end of the day since the drop happened around 2-3 AM on Mt. Gox.

Seems to me whomever bet on disagreement (Red) is going to win big time...
turboNOMAD
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March 14, 2013, 05:28:29 AM
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Sorry, no easy money. The bet was deleted somewhy, all betters refunded.
Elwar
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March 14, 2013, 05:42:17 PM
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Ya, I see too many bets that have a bet on something that could happen before the bet closes. That kind of defeats the purpose.

First seastead company actually selling sea homes: Ocean Builders https://ocean.builders  Of course we accept bitcoin.
xavier
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March 15, 2013, 01:27:08 AM
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http://betsofbitco.in/item?id=1258 is the bet.

Apparently before the fork it was around 5 - 20 with 5 in agreement and 20 disagreeing but after the fork it raised to nearly 80 - 70 with 80 in agreement, but only thing is the price didn't close at $5 down at the end of the day since the drop happened around 2-3 AM on Mt. Gox.

Seems to me whomever bet on disagreement (Red) is going to win big time...

Hmm. Could be interesting way to hedge the risk of a crash.

Me wonders if the owner will pay out though.
Spaceman_Spiff
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March 15, 2013, 01:48:57 AM
 #5

http://betsofbitco.in/item?id=1258 is the bet.

Apparently before the fork it was around 5 - 20 with 5 in agreement and 20 disagreeing but after the fork it raised to nearly 80 - 70 with 80 in agreement, but only thing is the price didn't close at $5 down at the end of the day since the drop happened around 2-3 AM on Mt. Gox.

Seems to me whomever bet on disagreement (Red) is going to win big time...

Hmm. Could be interesting way to hedge the risk of a crash.

Me wonders if the owner will pay out though.

Check the link, they cancelled the bet.  I missed out on a nice payout.
bitracing
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March 16, 2013, 08:50:28 AM
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curious as to how this site will do now that intrade got shut down. Might see lots more volume i suspect.
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