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Author Topic: Space Race Wagers?  (Read 760 times)
DireWolfM14 (OP)
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July 25, 2020, 09:31:30 PM
Merited by Welsh (2)
 #1

China just recently launched it's second attempted mission to Mars.  The Tianwen-1 mission should reach Mars in early 2021, after a 7-month journey.  Their not alone, the UAE also launched a mission to mission to Mars, the EMM-HOPE.

I haven't heard much about the Emirates' space program, but I've heard of the Chinese's a few times.  So it got me thinking about if they're going to actually make it this time.  And whether the UAE's ship will make it too.  I'm not a gambler, so I'm only wondering out of curiosity.  What do the odds maker's think?

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July 25, 2020, 10:01:05 PM
 #2

Grin

Neither do I follow mars missions in general (I maybe should) nor the betting markets for it. But I know that some austrian bookie is offering Mars-bets since years already. They had some fun bets like "What will happen first ? England winning the FIFA World Cup or humans landing on Mars." These bets are gone now as it seems, but there are different ones now and it looks like they don't trust in any of your mentioned missions being successful:


Source: https://www.bet-at-home.com/en/sport

Couldn't find any markets anywhere else, but I am not able to access some US bookies, like Bovada, who should have markets as well. Maybe you can check and post here then.

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July 25, 2020, 10:47:34 PM
 #3

With bets like this one, it would be extremely long term to decide who would win. I'm surprised there even are markets open on that one.
A book maker has to be extremely confident they can remain pen for such a long term without interruption to carry over a bet that might last a decade. I'd surely have trust issues with any book market putting my money into such bet. Let alone the fact that missions to mars (manned) might never happen in our generation (in spite of optimistic claims).

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July 25, 2020, 10:58:22 PM
 #4

With bets like this one, it would be extremely long term to decide who would win. I'm surprised there even are markets open on that one.
A book maker has to be extremely confident they can remain pen for such a long term without interruption to carry over a bet that might last a decade. I'd surely have trust issues with any book market putting my money into such bet. Let alone the fact that missions to mars (manned) might never happen in our generation (in spite of optimistic claims).
I didnt actually expect for this one yet we know that these events would really have that no sure on when it would happen or shall we say indefinite time. Can someone would really have the guts to wait up for that long?

If odds wont just talk about 1.5x or 2x or maximum of 10 then i might consider but seeing those low numbers then i wont have the interest on making up bets.

You wont just even remember when the time comes that you do made up some bets.  Cheesy

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July 25, 2020, 11:20:24 PM
 #5

Myself never thought it would be taken into account for gambling. People always look for instant results, here it is a long wait. The launch will happen before the year of 2025 and after the year 2025. If launch gets over by the falling year then people won't find it a long wait, because it is like the election gambling which we all have been waiting to know the true result.

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July 26, 2020, 02:30:04 AM
 #6

I never imagined that such a bet would exist, but that is interesting to know the result a few years later, and I wonder who will be the winner. I think that can make people curious, but I don't think that they can wait for such a long time. But maybe they will only use small money to bet because the waiting time will be too long for them.

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July 26, 2020, 03:41:29 AM
 #7

This topic put a smile on my face. Cheesy

Odds makers must not only be familiar with traditional sports, eSports, politics, beauty pageants, movies, and so on and so forth but also on space programs around the world to be able to produce nice starting odds. It's funny but I am now beginning to think that I want to be an odds maker.

I never imagined that such a bet would exist...

Yeah, it now seems to me that betting can be done on virtually everything under and beyond the sun.   

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July 26, 2020, 11:04:33 AM
 #8

If odds wont just talk about 1.5x or 2x or maximum of 10 then i might consider but seeing those low numbers then i wont have the interest on making up bets.
The odds aren't that high because there's only a few selections if there would be more countries/companies competing it could go up to a hundred or more.



The same markets can be found on fairlay there's only four to choose from maybe it'll get updated in the near future if they get enough recognition.

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July 26, 2020, 03:56:43 PM
 #9

~

Apperantly the bookies are only interested in the human race to Mars, not the robotic ones.  I browsed around bovada's site, but only found markets for political events and election results.  


~

Fairlay's site is interesting, it looks more like an exchange than a casino.  There are markets for the first US company to take humans to Mars, but nothing about the Chinese or UAE missions.  However, they do provide the option to make your own market, that's pretty cool.  

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July 26, 2020, 08:24:45 PM
 #10

Grin

Neither do I follow mars missions in general (I maybe should) nor the betting markets for it. But I know that some austrian bookie is offering Mars-bets since years already. They had some fun bets like "What will happen first ? England winning the FIFA World Cup or humans landing on Mars." These bets are gone now as it seems, but there are different ones now and it looks like they don't trust in any of your mentioned missions being successful:


Source: https://www.bet-at-home.com/en/sport

Couldn't find any markets anywhere else, but I am not able to access some US bookies, like Bovada, who should have markets as well. Maybe you can check and post here then.

This is the first time i have seen a bet on such an event.  Grin
Also note that if you place a bet on this that when will first human reach on the Mars before or after 2025, the result will come after 2025. So your money will be stuck for 5 years in this bet  Shocked









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July 26, 2020, 09:12:25 PM
 #11

^ I love betting on games and sports but for this one, nah. The waiting time for the result is too long but I find it interesting to know who will win in this space race because for me in a matter of days or months even years there will be a lot of possible things that may happen along the way. We are not even sure if by 2025 they will succeed in getting to Mars and if not then another project of these countries we need to wait again just to get the result. I would rather bet on FIFA than this space race where we are not even sure when we will know the result. I am not against others who do long term betting but for me, I find it more exciting if I only wait a shorter time for the outcome of my bets.
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July 26, 2020, 10:21:39 PM
 #12

^ I love betting on games and sports but for this one, nah. The waiting time for the result is too long but I find it interesting to know who will win in this space race because for me in a matter of days or months even years there will be a lot of possible things that may happen along the way. We are not even sure if by 2025 they will succeed in getting to Mars and if not then another project of these countries we need to wait again just to get the result. I would rather bet on FIFA than this space race where we are not even sure when we will know the result. I am not against others who do long term betting but for me, I find it more exciting if I only wait a shorter time for the outcome of my bets.
Me too and im not really that patient enough to wait up bets for something like that lone.This is also my first time to see on betting on a race on going to mars or some sort.Its really rare to have these events
but i dont think that there would be so much interest on this one.This might really took up for several years yet we know that development on such space thingy wont really be that simple and very time consuming.

To those people who do talk about the odds then it will really matter on recognition.If lots would be interested then expect for those to increase but for now then it isnt surprising to see those numbers.

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July 26, 2020, 10:47:36 PM
Merited by Heisenberg_Hunter (1)
 #13

Apperantly the bookies are only interested in the human race to Mars, not the robotic ones.

Hmm, call me ignorant, but there were already robots on Mars who collected some data etc., no ?

-

I found another bookie offereing odds for human Mars Mission:


Source: https://mybookie.ag/sportsbook/current-events/

If I would have to bet, I would take the field for @101. There will possibly be some joint venture from different countries and that "company" will have some other name.



The waiting time for the result is too long (...)

The bookie from which I posted the first screenshot has a promotion running, the "Porsche 911 Betcup". All you have to do is to place a bet every day and be the last user standing to do so. If you are, you will win a Porsche 911 worth 100k Euro. Sounds good, huh ? The promo started 12 years ago and is still running Grin There are until now 26 users who placed a bet every day for over 12 years and this promo doesn't look to be over soon:


Source: https://www.bet-at-home.com/en/promotion/betcup

By the time the winner is determined, the Porsche will already be an oldtimer.

/offtopic

.....wie die Zeit fliegt.....
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July 26, 2020, 10:48:54 PM
 #14

I give my 2 cents:
When there isn't a specific market already created (likewise speaking about tennis... ATP RANKING) it could be more useful bet the "Other" option (I mean not a specific choice/generic ones) since there is always a strong possibility that some underdog can conquer and made the final bets winning.

Moreover bookmakers try to "push" interest of players depicting an option more probably than other ones.
There is a double advantage, first they will pay very low odds in case of winnings. and most of players will be focused to bet the favorite one Wink despite this is not a "well known" market ...


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July 27, 2020, 12:30:46 AM
 #15

I never imagined that such a bet would exist...

Yeah, it now seems to me that betting can be done on virtually everything under and beyond the sun.   
With the internet, our life becomes simple, and we don't have to go to want someplace to collect the data. We can use the connection to search for it.

If the bet is not too high, I think people will place a bet, and they will place a lot of tickets while the result does not come too soon. Maybe people will forget if they place that bet.

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imstillthebest
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July 27, 2020, 07:43:04 AM
 #16

I never imagined that such a bet would exist...

Yeah, it now seems to me that betting can be done on virtually everything under and beyond the sun.  
With the internet, our life becomes simple, and we don't have to go to want someplace to collect the data. We can use the connection to search for it.

If the bet is not too high, I think people will place a bet, and they will place a lot of tickets while the result does not come too soon. Maybe people will forget if they place that bet.

its not about being virtual or not but its the fact that gambling has gone different now . many possibilities that opened up on gambling for many decades and years  . before we only know gambling exist on cards , dominos , using  physical currencies .  now everything people think off relates to gambling .  this space betting is insane because this takes along time to wait for whos gonna be the winner or loosers .  i wouldnt bet on it but maybe person that have alot of money and patience will find it interesting
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July 27, 2020, 08:08:08 AM
 #17


Seem a fun bet but it would take a long time to see who's winning. It would be worth betting if you put huge amount but a time-wasting too since it's like making your BTC sleep for a period of time. Its a long term and many things can happen in between. Very unlucky for those who waited and lose the bet.

It would make sense for a person who is in the science community to bet but still fun for a bitcoiner.



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July 27, 2020, 08:29:14 AM
 #18


Seem a fun bet but it would take a long time to see who's winning. It would be worth betting if you put huge amount but a time-wasting too since it's like making your BTC sleep for a period of time. Its a long term and many things can happen in between. Very unlucky for those who waited and lose the bet.

It would make sense for a person who is in the science community to bet but still fun for a bitcoiner.

I think there are still those who can get a lot of results might also be able to see from the pop ups that often appear in some gambling places that can get big profits, so keep trying and never to get profits from a wager that can get a lot of results.
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July 27, 2020, 03:40:28 PM
 #19

The odds seem high with this one since they are extremely careful regarding the systems and the components of these projects. But we cannot deny the fact when it comes to system errors those things sometimes fell from the sky just a few seconds after its departure. Not to mention we had the same scenario last time when the Iranian has failed to launch their satellite to reach orbit. we are talking about different countries here but the same scenario could also happen at all.



This photo by a satellite operated by DigitalGlobe, a subsidiary of Maxar Technologies, shows Iran's Imam Khomeini Space Center on Feb. 5, 2019, shortly before a Safir rocket launch that was later determined to be a failure.
(Image: © Satellite image Copyright 2019 DigitalGlobe, a Maxar company)

Source: https://www.space.com/iran-satellite-launch-failure-zafar-1.html

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July 27, 2020, 06:54:18 PM
 #20

^ I love betting on games and sports but for this one, nah. The waiting time for the result is too long but I find it interesting to know who will win in this space race because for me in a matter of days or months even years there will be a lot of possible things that may happen along the way. We are not even sure if by 2025 they will succeed in getting to Mars and if not then another project of these countries we need to wait again just to get the result. I would rather bet on FIFA than this space race where we are not even sure when we will know the result. I am not against others who do long term betting but for me, I find it more exciting if I only wait a shorter time for the outcome of my bets.

I agree with you, I’m basically a sports gambler. but sometimes I bet on some adventurous things. but it must be fun and short- lived, I don’t bet on anything where I have to wait for a few years. Maybe after a few years the Chinese spaceship will reach the Mars, is there any guarantee that I will survive until then? I am not interested in betting on these types of idiotic acts.

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