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Topic: Paddy Power odds on bitcoin value at the end of 2013 (Read 3030 times)

full member
Activity: 179
Merit: 100
k
sr. member
Activity: 451
Merit: 250
Paddy Power always offers novelty bets like this but never lets any large stakes on them. It is just a publicity stunt to get some press. Even if they lose some money the press more than makes up for it.

Would be cool if they accepted bitcoins for betting on their site. That could probably drive price above $100 pretty quick.
donator
Activity: 1654
Merit: 1354
Creator of Litecoin. Cryptocurrency enthusiast.
I guess they realized how dumb those odds were.
legendary
Activity: 1792
Merit: 1000
That was a no brainer!

I got £25 on at 10/1 just before they dropped the odds to 7/2.

So the next £250 I put into BTC is risk free  Grin

Lol, think you scared them Smiley
I tried to put £100 on, but they said max bet was £25.... as soon as I placed the bet the odds dropped.
full member
Activity: 177
Merit: 100
As I was trying to make the bet, they removed it from the site. A shame!

You can still bet on the price at the end of 2017 though...
legendary
Activity: 1792
Merit: 1000
That was a no brainer!

I got £25 on at 10/1 just before they dropped the odds to 7/2.

So the next £250 I put into BTC is risk free  Grin
donator
Activity: 1654
Merit: 1354
Creator of Litecoin. Cryptocurrency enthusiast.
http://www.finextra.com/News/FullStory.aspx?newsitemid=24665
http://www.paddypower.com/bet/novelty-betting/current-affairs/bitcoin-betting/Bitcoin-value-at-end-of-2013-4993413.html

I wished they accepted bitcoins. A 10/1 odds for btc price less than $100 at the end of the year is a no-brainer bet for those holding bitcoins.

And of course no sane person would take the 9/4 bet on btc price higher than $500 as buying bitcoins would make more sense.
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