Author

Topic: Bitcoin Prediction Market (Read 900 times)

copper member
Activity: 320
Merit: 16
Futuur 🔮 Predict the Future
January 31, 2022, 07:26:32 AM
#15
Do you already know the Futuur prediction market platform? Make your predictions in outcomes of real-world events of politics, science, finance, economic indicators, sports, and even markets about Bitcointalk Forum like: "Will the profile number of the newest member on the Bitcointalk forum reach 4,000,000 at any point by the end of 2022?"

Build your crypto riches while you HODL, make your bets!

https://futuur.com/
legendary
Activity: 966
Merit: 1001
January 22, 2016, 11:23:36 AM
#14
When I click the "bitcoin accepted here" button on top, it says "Bitcoin payout amount 4.8 X your bet amount", but what does it mean? There is a bet with only 2 possible outcomes ("Yes = 1 No = 0 The FED will raise interest rates again before March 31, 2016.?") and it can't be so good that I will get 4.8x for the first one.

4.8 = 480% of your bet amount

yes 1  no  0  = 50% probability answer is correct

Wait, so someone can bet 0.01 btc for "yes" and bet another 0.01 btc for "no", and he will get 0.048 btc back for sure? TBH, it doesn't make any sense at all.



No, obviously no, you can not bet against your self, your questions make no sense.

Say if someone makes a bet on "yes" using one bitcoin address and one proxy, and then makes a second bet on "no" using another bitcoin address and a new proxy, how are you going to tell that the two bets come from the same person? I am afraid you cannot.
And even if no one does that, if roughly half of the bets are on "yes" and on "no", your site is going to take a huge loss no matter what FED does, don't you see that as a problem?
newbie
Activity: 10
Merit: 0
January 22, 2016, 07:48:57 AM
#13
You have two expired bets at the top of the page! You should give us the payout tx to prove it! And do you have any amount of bankroll to attract more ppl! If you have, please show to us.

payout tx to prove what and to who? 

I see many advertisements for bitcoin gambling  sites next to the names of the people making the comments on this thread, maybe that is their motivation: attack all new businesses.  Well, www.bitcoinfreecasino.com is not competing with you.   It is a prediction market, not a gambling site.   So, let other people make up their own mind.  Thanks, and keep using bitcoin.
newbie
Activity: 10
Merit: 0
January 22, 2016, 07:40:39 AM
#12
When I click the "bitcoin accepted here" button on top, it says "Bitcoin payout amount 4.8 X your bet amount", but what does it mean? There is a bet with only 2 possible outcomes ("Yes = 1 No = 0 The FED will raise interest rates again before March 31, 2016.?") and it can't be so good that I will get 4.8x for the first one.

4.8 = 480% of your bet amount

yes 1  no  0  = 50% probability answer is correct

Wait, so someone can bet 0.01 btc for "yes" and bet another 0.01 btc for "no", and he will get 0.048 btc back for sure? TBH, it doesn't make any sense at all.



No, obviously no, you can not bet against your self, your questions make no sense.
legendary
Activity: 1162
Merit: 1002
January 19, 2016, 11:08:38 PM
#11
You need:

1. SSL to secure site
2. Less animations and better design. Site is like designed from 8 years old in '05
3. And how is provably fair: How many jelly beans are in this jar?

I will stick to betcoin for gambling and fairlay for betting.
hero member
Activity: 784
Merit: 1000
January 19, 2016, 10:57:03 PM
#10
I agree with Ceizer, site needs SSL in order to be safe.  How accurate do you have to get if you are betting on the outcome of Bitcoin value?  I think it is a great idea it just needs to be a trusted site and you need something for people to come to your site instead of others.
hero member
Activity: 1005
Merit: 500
January 19, 2016, 10:25:02 PM
#9
You have two expired bets at the top of the page! You should give us the payout tx to prove it! And do you have any amount of bankroll to attract more ppl! If you have, please show to us.
legendary
Activity: 966
Merit: 1001
January 19, 2016, 07:52:46 PM
#8
When I click the "bitcoin accepted here" button on top, it says "Bitcoin payout amount 4.8 X your bet amount", but what does it mean? There is a bet with only 2 possible outcomes ("Yes = 1 No = 0 The FED will raise interest rates again before March 31, 2016.?") and it can't be so good that I will get 4.8x for the first one.

4.8 = 480% of your bet amount

yes 1  no  0  = 50% probability answer is correct

Wait, so someone can bet 0.01 btc for "yes" and bet another 0.01 btc for "no", and he will get 0.048 btc back for sure? TBH, it doesn't make any sense at all.
newbie
Activity: 10
Merit: 0
January 19, 2016, 07:09:50 PM
#7
When I click the "bitcoin accepted here" button on top, it says "Bitcoin payout amount 4.8 X your bet amount", but what does it mean? There is a bet with only 2 possible outcomes ("Yes = 1 No = 0 The FED will raise interest rates again before March 31, 2016.?") and it can't be so good that I will get 4.8x for the first one.

4.8 = 480% of your bet amount

yes 1  no  0  = 50% probability answer is correct
legendary
Activity: 966
Merit: 1001
January 19, 2016, 03:41:51 PM
#6
When I click the "bitcoin accepted here" button on top, it says "Bitcoin payout amount 4.8 X your bet amount", but what does it mean? There is a bet with only 2 possible outcomes ("Yes = 1 No = 0 The FED will raise interest rates again before March 31, 2016.?") and it can't be so good that I will get 4.8x for the first one.
newbie
Activity: 10
Merit: 0
January 19, 2016, 03:21:47 PM
#5
Bet on the outcome of events and prices in the future.  Looking to the bitcoin community for suggestions of new questions to post on the site.     http://bitcoinfreecasino.com/   Cool
Site lacks SSL,I can't see the site bitcoin address holding funds to payout the users.These two things making me to stay away yet.I would like to know if anyone got paid? or OP post some tx proof's?


Thanks for your comment.  The site does not have any wallets or hold any money, bitcoin or swiftcoin.  Payments and payouts are handled individually by admins.   



another said:


Wouldn't it be very easy for a website like that with a high volume to manipulate the outcome of the event?


No, the site can not manipulate the price of oil, gold etc.
legendary
Activity: 1946
Merit: 1007
January 19, 2016, 02:34:01 AM
#4
Wouldn't it be very easy for a website like that with a high volume to manipulate the outcome of the event?

I mean, if they have a couple of thousands btc on hand and most bets say a price increase will happen, they can easily dump those coins quickly and rebuy to win the majority of the bets and vice versa.

Not saying that is happening here, but it is a real possibility.
full member
Activity: 196
Merit: 100
January 19, 2016, 01:58:39 AM
#3
Bet on the outcome of events and prices in the future.  Looking to the bitcoin community for suggestions of new questions to post on the site.     http://bitcoinfreecasino.com/   Cool
Site lacks SSL,I can't see the site bitcoin address holding funds to payout the users.These two things making me to stay away yet.I would like to know if anyone got paid? or OP post some tx proof's?
legendary
Activity: 2464
Merit: 1039
Bitcoin Trader
January 18, 2016, 11:19:53 PM
#2
Bet on the outcome of events and prices in the future.  Looking to the bitcoin community for suggestions of new questions to post on the site.     http://bitcoinfreecasino.com/   Cool
I've seen sites like this, teaches us as forecasters bet with what we would have predicted Smiley
but give us different things and it is on your site at least an additional feature that may be different from the others
newbie
Activity: 10
Merit: 0
January 18, 2016, 01:52:14 PM
#1
Bet on the outcome of events and prices in the future.  Looking to the bitcoin community for suggestions of new questions to post on the site.     http://bitcoinfreecasino.com/   Cool
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