BALIK
Copper Member
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Activity: 2254
Merit: 608
🍓 BALIK Never DM First
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November 20, 2020, 08:47:10 PM |
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The site UI is great and the ideas are great too, just had a look at some of the prediction cases presented and these are well presented. Obviously a lot of hard work went into making this site and acquiring all the information - well done for doing such a good job.
My concern, however, is the monetary side of this, because you start off with 10,000 OOms and these can accumulate or reduce depending on your predictions, I don't really see the incentive people would have to buy them, even if they're advertised as shares? Surely if they enjoy making these predictions they can just register with a different account using A VPN since as far as I've seen no KYC is required. Is this something you thought about?
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XZERO1
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Activity: 518
Merit: 33
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November 21, 2020, 02:03:17 PM Last edit: November 21, 2020, 04:09:24 PM by XZERO1 |
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I think this new form of gambling that gives you the ability to predict almost anything worldwide from politics to entertainment is kind of underrated and it will get way more popular in crypto space soon enough, specially as we saw how huge was the demand recently for betting on US election results, had a quick look at this website and its different categories for predictions and it looks like it covers almost any major event and also the whole website design is great, just hope this new type of betting gets the attention it certainly deserves.
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senya-com
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November 21, 2020, 05:32:27 PM |
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I just recognise the situation being the same as change.org: most petitions are getting really little voters, while other, having good media support - will subsequently raise and raise votes. So this type projects really should have algorithm for equalising chances of a bet to become popular, disregarding any mass media support... For ex, for users willing to take part in really popular bet, they they can make obligatory to stake a bit for a bet not so popular
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futuur (OP)
Copper Member
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Activity: 319
Merit: 16
Futuur 🔮 Predict the Future
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November 22, 2020, 12:43:27 AM |
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The site UI is great and the ideas are great too, just had a look at some of the prediction cases presented and these are well presented. Obviously a lot of hard work went into making this site and acquiring all the information - well done for doing such a good job.
My concern, however, is the monetary side of this, because you start off with 10,000 OOms and these can accumulate or reduce depending on your predictions, I don't really see the incentive people would have to buy them, even if they're advertised as shares? Surely if they enjoy making these predictions they can just register with a different account using A VPN since as far as I've seen no KYC is required. Is this something you thought about?
Thanks, much appreciated! Regarding the question of Ooms, this is our play-money currency which is not worth anything, beyond the social reputation aspect. There is no way to purchase or sell Ooms using real money. We operate our Bitcoin markets in parallel with our Ooms markets, and they are unrelated in terms of price and liquidity pools. Hope that clarifies.... Please let me know if not. I think this new form of gambling that gives you the ability to predict almost anything worldwide from politics to entertainment is kind of underrated and it will get way more popular in crypto space soon enough, specially as we saw how huge was the demand recently for betting on US election results, had a quick look at this website and its different categories for predictions and it looks like it covers almost any major event and also the whole website design is great, just hope this new type of betting gets the attention it certainly deserves.
Many thanks XZERO1 We hope so too! I just recognise the situation being the same as change.org: most petitions are getting really little voters, while other, having good media support - will subsequently raise and raise votes. So this type projects really should have algorithm for equalising chances of a bet to become popular, disregarding any mass media support... For ex, for users willing to take part in really popular bet, they they can make obligatory to stake a bit for a bet not so popular
This is an interesting point. We are working on making sure our algorithm surfaces the most relevant markets for a given user, and we have a lot of work to do on that front. One thing to consider though is that there is an incentive to find markets with relatively few bettors, because those are the ones which are most likely to have mispriced outcomes, and represent a smart bet. And as these markets get more bets, they will naturally rise in the algorithm.
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magneto
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November 22, 2020, 05:50:38 AM |
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I really like the layout of your platform. And with polling once again off during this election I think that prediction markets will only increase in their significance as a truer reflection of event odds, so you are really on the money with the idea.
Just wondering though, what exactly distinguishes you from competitors such as Fairlay precisely?
Is it that your primary business is still providing a somewhat social, fun way of predicting with playmoney? Because I feel like it'll be difficult to compete with Fairlay which essentially offers precisely the same service with very low fees and an established presence and regular turnover.
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lienfaye
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November 22, 2020, 07:03:16 AM |
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I visit the site and its really different to the usual gambling that we know.
Its plain and simple and has a unique features. Predicting the future seems like a good one and would like to try it after getting information about the people's thoughts.
Anyways its been existing for years but im not aware of it I guess im not updated.
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Savemore
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November 22, 2020, 08:49:08 AM |
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I visit the site and its really different to the usual gambling that we know.
Its plain and simple and has a unique features. Predicting the future seems like a good one and would like to try it after getting information about the people's thoughts.
Anyways its been existing for years but im not aware of it I guess im not updated.
The site is good and unique but what I don't like is there are some predictions and forecast that the answers are too obvious where you do not need to create a forecast or pool between two out comes for example in sports mainly in NBA, there is a question about the continuing of the duo of Harden and Westbrook; there are already news released that Harden declined the offer of Houston and he wants to switch team and the main rumor is they are going to form a big 3 in Nets. The answer is too obvious that the duo already fall apart wherein we will not see both of them playing in just one team. Not all of the answers and voting in Futuur is not reliable as for my analysis.
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senya-com
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November 22, 2020, 04:05:31 PM |
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The site UI is great and the ideas are great too, just had a look at some of the prediction cases presented and these are well presented. Obviously a lot of hard work went into making this site and acquiring all the information - well done for doing such a good job.
My concern, however, is the monetary side of this, because you start off with 10,000 OOms and these can accumulate or reduce depending on your predictions, I don't really see the incentive people would have to buy them, even if they're advertised as shares? Surely if they enjoy making these predictions they can just register with a different account using A VPN since as far as I've seen no KYC is required. Is this something you thought about?
Thanks, much appreciated! Regarding the question of Ooms, this is our play-money currency which is not worth anything, beyond the social reputation aspect. There is no way to purchase or sell Ooms using real money. We operate our Bitcoin markets in parallel with our Ooms markets, and they are unrelated in terms of price and liquidity pools. Hope that clarifies.... Please let me know if not. I think this new form of gambling that gives you the ability to predict almost anything worldwide from politics to entertainment is kind of underrated and it will get way more popular in crypto space soon enough, specially as we saw how huge was the demand recently for betting on US election results, had a quick look at this website and its different categories for predictions and it looks like it covers almost any major event and also the whole website design is great, just hope this new type of betting gets the attention it certainly deserves.
Many thanks XZERO1 We hope so too! I just recognise the situation being the same as change.org: most petitions are getting really little voters, while other, having good media support - will subsequently raise and raise votes. So this type projects really should have algorithm for equalising chances of a bet to become popular, disregarding any mass media support... For ex, for users willing to take part in really popular bet, they they can make obligatory to stake a bit for a bet not so popular
This is an interesting point. We are working on making sure our algorithm surfaces the most relevant markets for a given user, and we have a lot of work to do on that front. One thing to consider though is that there is an incentive to find markets with relatively few bettors, because those are the ones which are most likely to have mispriced outcomes, and represent a smart bet. And as these markets get more bets, they will naturally rise in the algorithm. Got it! I'm sure your initiative will be a great progress in gambling! And also, I suppose, at some point it can become really popular among non-IT users. Nowadays, especially due to lockdown, we can observe the use of online services with money transactions increasing tremendously, with main retail deliveries and online purchases becoming nearly as popular as social networks. In this context online bet service should become popular as well, and you solve the main problem of this business - by making it unitary instead of specific.
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futuur (OP)
Copper Member
Member
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Activity: 319
Merit: 16
Futuur 🔮 Predict the Future
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November 24, 2020, 08:51:41 PM |
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I really like the layout of your platform. And with polling once again off during this election I think that prediction markets will only increase in their significance as a truer reflection of event odds, so you are really on the money with the idea.
Just wondering though, what exactly distinguishes you from competitors such as Fairlay precisely?
Is it that your primary business is still providing a somewhat social, fun way of predicting with playmoney? Because I feel like it'll be difficult to compete with Fairlay which essentially offers precisely the same service with very low fees and an established presence and regular turnover.
Thanks! Regarding other prediction markets like Fairlay, we are happy that other platforms are helping make progress in the space, but we see what we do as unique. Here are a few differentiators: • Futuur offers free, play-money wagering alongside our bitcoin markets, which means more people can use the platform, improve their forecasting skills, and help generate better predictions • we offer the greatest range of interesting markets (more than 1000 live markets currently), which our editors put a lot of effort into creating. • all of our markets are 100% liquid because we use an Automated Market Maker. Fairlay seems to be using a traditional order book approach, which means that most of their markets aren't truly liquid • we offer social features like being able to follow other users, comment on markets, etc • Futuur has a fast, intuitive UX, which is easy to understand even for people who are not familiar with the world of trading or sportsbooks
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Fundamentals Of
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December 19, 2020, 02:36:42 AM |
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I visit the site and its really different to the usual gambling that we know.
Its plain and simple and has a unique features. Predicting the future seems like a good one and would like to try it after getting information about the people's thoughts.
Anyways its been existing for years but im not aware of it I guess im not updated.
Same here. As far as I can remember, this is the first time I encounter a kind of betting site which is very straight forward. It is just between players or teams, or sometimes with a tie as a third option, and yes or no. And that's all. I'm very much used to placing bets on odds, which are a whole lot in every single game. But Futuur has made everything pretty much simple and uses percentages instead. This is really new in my experience. I'm kind of excited. The feel on the site is that you are not in a gambling or betting site. Well, I'm still exploring. But I tried placing one prediction. Anyway, I'm just using Ooms.
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Chikito
Legendary
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Activity: 2562
Merit: 2077
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December 19, 2020, 03:22:52 AM |
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If you see the picture had If you sell now feature, you must watch your bet, I just got profit by using sell now feature. the price will change in minutes before the match game begins.
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Fundamentals Of
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December 19, 2020, 12:27:13 PM |
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If you see the picture had If you sell now feature, you must watch your bet, I just got profit by using sell now feature. the price will change in minutes before the match game begins. I was thinking the sell now is best used in predictions that might take weeks or months before finally decided, or perhaps when you change your mind, or you want to take a profit before the result comes in. In the case of my first prediction, it's better to just wait for the result for a higher share. But I will take note of it. Thanks! I currently have one prediction on whether "Bitcoin’s price fall below $15,000 at any point in December 2020." If my outlook on Bitcoin's price changes, I might make use of it. By the way, are you now using real Bitcoin for your predictions?
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so98nn
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December 19, 2020, 02:52:43 PM |
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One of the best things i do see on this site is that it doesnt only limit out for sports events which means you would have lots of options to take on and as i have checked out one of examples about that Mars event.
You would see the numbers of activity which means theres soo much interest. If ooms would be converted or does have its value then that would be good or can be directly converted to btc internally since it doesnt have current market value.
I am very astonished the way they have put these type of contests or imaginative contests to play. I mean we have already seen various sites offering prediction market and winning based on the % people enrolled in it. After seeing this site and various contests on it I am pretty sure this is completely new story for everyone and will enjoy playing on it. Since everyone is having the same opinion about it, its clear case that Futuur is best way to earn some bucks along with lot of excitement. Hopefully I will play and win and will also put some screenshots once I do it.
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TimeTeller
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December 19, 2020, 08:55:28 PM |
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One of the best things i do see on this site is that it doesnt only limit out for sports events which means you would have lots of options to take on and as i have checked out one of examples about that Mars event.
You would see the numbers of activity which means theres soo much interest. If ooms would be converted or does have its value then that would be good or can be directly converted to btc internally since it doesnt have current market value.
I am very astonished the way they have put these type of contests or imaginative contests to play. I mean we have already seen various sites offering prediction market and winning based on the % people enrolled in it. After seeing this site and various contests on it I am pretty sure this is completely new story for everyone and will enjoy playing on it. Since everyone is having the same opinion about it, its clear case that Futuur is best way to earn some bucks along with lot of excitement. Hopefully I will play and win and will also put some screenshots once I do it. I have checked that they only have 2 currencies over there, BTC and Ooms (no value as this is their play money). Since the price of btc is increasing and the tx fee is also getting expensive, are they going to add more alts? Maybe XRP, DOGE, LTC or EOS. They have relatively low transaction fees. Because if other options are available, I believe, they can get more gamblers here.
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crzy
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December 19, 2020, 09:12:58 PM |
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If you see the picture had If you sell now feature, you must watch your bet, I just got profit by using sell now feature. the price will change in minutes before the match game begins. This is interesting and I'll look into this one since prediction is fun and really exiting. Anyway welcome to the cryptoworld Futuur, its good to see such prediction game and allows you to earn profit through your own analysis. Will surely try predicting on this one, though BTC is the only cryptocurrency that is being accepted aside from their own token, hopefully to see more option especially those token with a lower transaction fees.
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Kakmakr
Legendary
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Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
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December 19, 2020, 09:19:07 PM |
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Whats up with the "Play Money" thing..... you guys should have committed to Bitcoin back when you started this in 2017. Now, you wasted all this time and you have to start from scratch with this "new" Bitcoin offering. (No wonder nobody knew about you before) In any way, I steer clear from things with open ended outcomes, like the Trump/Biden election results... because it just creates problems, when there are no winner/loser results immediately. (Imagine waiting for your money until 2024 to see if you won)
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Yamifoud
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December 19, 2020, 10:28:57 PM |
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... In any way, I steer clear from things with open ended outcomes, like the Trump/Biden election results... because it just creates problems, when there are no winner/loser results immediately. (Imagine waiting for your money until 2024 to see if you won) I can't imagine waiting for it also... Anyway, this is just of some choices. There are a lot of choices out there that never need to wait long just like in sports events. But the question is if you are a fan of this. On the other hand, since this is all about prediction, I could give more interest if the company will run a certain competition that whoever won the prediction will get something from the company. In fact, some companies are doing this and I hope Futuur will do the same.
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Twinkledoe
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Merit: 138
★Bitvest.io★ Play Plinko or Invest!
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December 19, 2020, 10:37:40 PM |
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... In any way, I steer clear from things with open ended outcomes, like the Trump/Biden election results... because it just creates problems, when there are no winner/loser results immediately. (Imagine waiting for your money until 2024 to see if you won) I can't imagine waiting for it also... Anyway, this is just of some choices. There are a lot of choices out there that never need to wait long just like in sports events. But the question is if you are a fan of this. On the other hand, since this is all about prediction, I could give more interest if the company will run a certain competition that whoever won the prediction will get something from the company. In fact, some companies are doing this and I hope Futuur will do the same. For those items that you need to wait for more than a year or so, maybe, use their play money instead of your bitcoin. Also, we don't know if the platform can sustain themselves 2 years from now or more. Just play safe with your funds. It is better to bet actual money for the items that you will get results in few days or at least few months.
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ReiMomo
Sr. Member
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Duelbits - $100k Bonus/week
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December 19, 2020, 10:45:10 PM |
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For those items that you need to wait for more than a year or so, maybe, use their play money instead of your bitcoin. Also, we don't know if the platform can sustain themselves 2 years from now or more. Just play safe with your funds. It is better to bet actual money for the items that you will get results in few days or at least few months.
The problem is this, I guess there are a lot of gamblers who will doubt the platform capability and ask this way. Is this platform will survive 2 years or more and thinking about your fund is safe. I remember there's someone who makes a thread a long term betting just who will be the first country that goes to outer space on earth. It's really hard to wait that long and better to beat when there is a result in just a couple of days. However, we had a different taste here, if you want more excitement and as an investment as well, Futuur gambling is the best for your future.
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