Because i suspect many will bet on long, and if by some random chance my side wins, gonna be a nice payout
price ranges. $45,001 - $47,500, $47,501 - $50,000, $50,001 - $52,500, etc. So please share a screenshot of your bet to show us on which range(s) you've bet on precisely.
You could bet on ranges from as low as 5,000$ or less, so I guess this is what btcltcdigger is meaning with going short.
I will, as always, be waiting a little bit longer before placing any bet, too much can still happen at this moment (in both directions).