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Topic: RateGuess.com - FREE BTC - Bet on daily close of most US Indexes, Stocks & ETFs - page 5. (Read 4312 times)

member
Activity: 112
Merit: 10
member
Activity: 77
Merit: 10
member
Activity: 112
Merit: 10
What is RateGuess.com?
RateGuess.com is the place to bet on next day close price of most stock or index on NYSE, NASDAQ or AMEX. There are over 2000+ symbols to choose from.

How to place a bet?
Please note you can only bet during non-trading hours on trading days or whole day holidays. Firstly, choose a symbol, the symbol system we use is from Yahoo Finance. We support most stock and index on NYSE, NASDAQ and AMEX. Secondly, guess the close price of the next trading session and enter it. Thirdly, enter the bitcoin amount you wish to wager for it. Finally click the [Place Bet] Button. You can check all pending bets in the [Pending] Tab.

What is the rule of this game?
The pot is all the funds that are wager on a specific symbol on a trading day. The basic rule is whoever guess the price closest to the actual close price double his/her wager but is limited to the pot. If there're still money in the pot, then the next closest can also get funds, up to double his/her wager, until the whole pot are paid out.

For example, user A guess AAPL (Apple Inc.) next day close price will be 90.5 and wager 0.1 btc. user B guess AAPL will be 90.8 and wager 0.2 btc. user C guess AAPL will be 89.5 and bet 0.2 btc. If AAPL next close price is 90.2, so the whole pot is 0.1btc+0.2btc+0.2btc=0.5btc; Now user A can get 0.1 x 2 = 0.2 since ABS(90.5-90.2)=0.3 is the closest guess, but need to pay 2% on his profit. so he will receive 0.198 btc, the pot is left with 0.3 btc. Then user B can get 0.3btc (0.2 x 2 = 0.4btc is greater than 0.3btc) since ABS(90.8-90.2)=0.6 is the next closest guess and after the service fee will receive 0.298 btc. The pot is now 0btc so user C will not get any fund back, because ABS(89.5-90.2)=0.7 is the worst guess.

Can I delete bets after I placed them?
You can delete bets you placed before trading session begin (9:30AM on trading day). After that all bets are final and cannot be deleted. To delete a bet, just click the trash bin icon on the right of the bet on [Pending] tab.

What measures should I take to protect my funds?
RateGuess.com use advanced encryption methods to protect all user's funds. Also, you can take certain measures to protect your funds. Never give out your secure ID or password to anyone. After using our service on a shared computer, press [Logout] on [Account] page. We recommend set a password for maximum safety, it can be set on [Account] page. Do not forget your secure ID and password, protect it like your bitcoin wallet.
member
Activity: 112
Merit: 10
FREE 0.00005BTC, NO DEPOSIT NEEDED, Just post your UID & Alias here

Visit: https://rateguess.com

for discussion about the bets you made and any market insights or ideas, please post to:

[Main Thread] https://bitcointalksearch.org/topic/rateguesscom-faucet-bet-on-daily-close-of-most-us-indexes-stocks-etfs-684396






Visit: https://rateguess.com

for discussion about the bets you made and any market insights or ideas, please post to:

[Main Thread] https://bitcointalksearch.org/topic/rateguesscom-faucet-bet-on-daily-close-of-most-us-indexes-stocks-etfs-684396

FREE 0.00005BTC, NO DEPOSIT NEEDED, Just post your UID & Alias here
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