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Topic: Nice value odds: Bitcoin between 5k and 10k on December 31 (odds: 1.60) - page 2. (Read 261 times)

legendary
Activity: 3164
Merit: 1127
Leading Crypto Sports Betting & Casino Platform
I don't use Betfair and if I understand correctly:

On Betfair site are betting on what will be the bitcoin price on December 31st?

Predicting the price of bitcoin is very difficult and if Betfair is offering this opportunity to bet on what the bitcoin price will be by on December 31st, then Betfair should offer an odd of at least 2.20. This would be more rewarding since predicting the bitcoin price is very difficult, of course I also agree that every single day the value of the odd should be reducing.

Very nice odds, all serious predictions from experienced traders predict a price between 6.5k to 8.5k.

That's free money for me. I bet 3 digits on this.

the price is at $7200, I believe it is not free money because there is a high risk of falling below $6500 before December 31, and don't believe these " experienced traders " because they always fail their predictions
legendary
Activity: 3136
Merit: 1233
Bitcoin Casino Est. 2013
It is a fun bet but Bitcoin price is truly unpredictable.The guys at betfair probably have done their homework and maybe the price can be higher than 10k on December 31 otherwise they would be giving away free money at odd 1.45 that means it is a 45% return on investment and is not a small amount.
member
Activity: 450
Merit: 59
Looks like no one dared to tail but the odds dropped to circa 1.45 at the time of this post.

Looking good, not a lock of course but I used a fractal predicting a price around 7k for December 31. We are five weeks away from a potential (likely payout).

Odds still decent at 1.45 in my opinion.
member
Activity: 450
Merit: 59
Odds: 1.60 on Betfair (American odds -166).

Very nice odds, all serious predictions from experienced traders predict a price between 6.5k to 8.5k.

That's free money for me. I bet 3 digits on this.

Best of luck.
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