Bitcoin Forum
April 26, 2024, 08:21:07 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Betting on Whether the Winklevoss ETF will be Approved  (Read 414 times)
MJS_gold (OP)
Newbie
*
Offline Offline

Activity: 37
Merit: 0


View Profile
February 19, 2017, 09:02:19 AM
 #1

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?
1714162867
Hero Member
*
Offline Offline

Posts: 1714162867

View Profile Personal Message (Offline)

Ignore
1714162867
Reply with quote  #2

1714162867
Report to moderator
"This isn't the kind of software where we can leave so many unresolved bugs that we need a tracker for them." -- Satoshi
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714162867
Hero Member
*
Offline Offline

Posts: 1714162867

View Profile Personal Message (Offline)

Ignore
1714162867
Reply with quote  #2

1714162867
Report to moderator
1714162867
Hero Member
*
Offline Offline

Posts: 1714162867

View Profile Personal Message (Offline)

Ignore
1714162867
Reply with quote  #2

1714162867
Report to moderator
1714162867
Hero Member
*
Offline Offline

Posts: 1714162867

View Profile Personal Message (Offline)

Ignore
1714162867
Reply with quote  #2

1714162867
Report to moderator
Xiaoxiao
Legendary
*
Offline Offline

Activity: 1274
Merit: 1000

The Golden Rule Rules


View Profile
February 19, 2017, 09:09:40 AM
 #2

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.
MJS_gold (OP)
Newbie
*
Offline Offline

Activity: 37
Merit: 0


View Profile
February 19, 2017, 09:19:28 AM
 #3

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.  
Red-Apple
Hero Member
*****
Offline Offline

Activity: 1470
Merit: 655


View Profile
February 19, 2017, 11:48:42 AM
 #4

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.

--signature space for rent; sent PM--
Xester
Hero Member
*****
Offline Offline

Activity: 994
Merit: 544



View Profile
February 19, 2017, 12:24:21 PM
 #5

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.
7788bitcoin
Legendary
*
Offline Offline

Activity: 2282
Merit: 1023


View Profile
February 19, 2017, 01:22:55 PM
 #6

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...
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!