Space Race Wagers? | Bitcointalksearch.org

carlfebz2

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Quote from: jademaxsuy on August 31, 2020, 05:33:25 AM

Quote from: Mauser on August 31, 2020, 04:49:13 AM

I agree, the time frame is just to long to reach Mars. If Elon Musk plans to be on Mars in 2030 then issuing bets today with a potential payout in 10 years is very risky. What would happen to your money if the bookmaker goes bankrupt? The traditional betting website can't over such wagers. We would need a different system, with long term escrow accounts.
Maybe something like this could be done on the forum, but is the demand really there to make it profitable?

Well, yeah I just also realized after reading the post. It is quite risky to wage a bet because of the time frame that will reach to even 7 mos. of waiting probably?

Is there any other way in betting to this? If none then betting would still be possible. The important thing here is that we need a trusted escrow to hold the bets for that long with low service fee. I bet there are some escrow service willing to do this.

Main issue when it comes to these kind of bets where theres still a definite time on when it would happen and we can presume that it wouldnt really be happening too early which means bets will really be on hold for too long and waiting up for the out come.

As mentioned where bookmaker still be possibly be running until that time comes? One of the drawbacks on betting on events which takes too long for them to happen but there are people whom do still interested on this one.

Having a long term escrow would be considerable but we cant still also be sure on how his trustworthiness would last. Cheesy

Welsh

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Quote from: Heisenberg_Hunter on August 24, 2020, 02:03:35 PM

Pretty much this TBH. Sometime by the end of next decade, we will be having Lunar Gateway (designed by Canada, Europe and Japan) rotating on top of Moon along with Rocket Fuel which will play a very huge role in Post Lunar Missions. Before landing on Mars, we would also be setting up a Moon Base. So, many of us would be watching the first step on Mars before our life ends if all goes exactly as planned and there is no removal of planned targets.

P.S Practically speaking based on the available facts, our Oort Cloud will be disturbed again in 240,000 and when this happens we will be having a large influx of comets targeting our inner Solar System. If this tends to pose a bigger danger for the humankind in future, we should be looking out for a new home.

To me, the its the only plausible way of doing it. Like I've previously touched upon, each company that is capable of advanced space technology has a specific thing they're good at, and they aren't a jack of all trades. SpaceX has had to much experience with manned missions as an example, while Nasa has had a lot of experience with manned missions. Although, SpaceX has been successfully developing groundbreaking technology. It seems you've got the private firms currently pushing the boundaries, while you've got the government owned ones which have the experience which will be vital.

Having the technology is one cog in the system, but running a successful mission is far more than one cog.

jademaxsuy

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Quote from: Mauser on August 31, 2020, 04:49:13 AM

I agree, the time frame is just to long to reach Mars. If Elon Musk plans to be on Mars in 2030 then issuing bets today with a potential payout in 10 years is very risky. What would happen to your money if the bookmaker goes bankrupt? The traditional betting website can't over such wagers. We would need a different system, with long term escrow accounts.
Maybe something like this could be done on the forum, but is the demand really there to make it profitable?

Well, yeah I just also realized after reading the post. It is quite risky to wage a bet because of the time frame that will reach to even 7 mos. of waiting probably?

Is there any other way in betting to this? If none then betting would still be possible. The important thing here is that we need a trusted escrow to hold the bets for that long with low service fee. I bet there are some escrow service willing to do this.

Mauser

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Quote from: swogerino on August 31, 2020, 03:43:21 AM

I think all major gambling companies will not offer such bets as it takes 7 months to reach Mars if any of the space ships will make it there.Gamblers usually don’t like to wait that long for a bet they place and in fact most of gamblers place daily bets in sports or even instant ones in slot machines.

Going to Mars is good for us the humans and check if there is any sign of life there.I have heard many conspirative theories that water may exist there somewhere.

I agree, the time frame is just to long to reach Mars. If Elon Musk plans to be on Mars in 2030 then issuing bets today with a potential payout in 10 years is very risky. What would happen to your money if the bookmaker goes bankrupt? The traditional betting website can't over such wagers. We would need a different system, with long term escrow accounts.
Maybe something like this could be done on the forum, but is the demand really there to make it profitable?

swogerino

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I think all major gambling companies will not offer such bets as it takes 7 months to reach Mars if any of the space ships will make it there.Gamblers usually don’t like to wait that long for a bet they place and in fact most of gamblers place daily bets in sports or even instant ones in slot machines.

Going to Mars is good for us the humans and check if there is any sign of life there.I have heard many conspirative theories that water may exist there somewhere.

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Quote from: Ryker1 on August 30, 2020, 04:06:21 PM

Well, I just now heard this kind of betting. Until now this race has existed?
Space race perhaps an event of those countries that fully developed and that can afford to have a spaceship and join the race. Perhaps, the betting of this race will take so long before the event will happen. I think this becomes bored for those people who want a quick result. Indeed, this is a luxury game I have ever heard. It's quite good to watch if there is a live video on this.

I think he's just asking what are the odds or possibility that both China and UAE succeed in launching mission to mars. Honestly, I can't think of possible formula for this because there's so many factor that needs to be considered such as how well they built their rockets, how many liters of gasoline they need, how good their software and aerodynamics design, and also, if they could develop technology to be capable of staying in mars for a couple of time.

On the otherhand, if there will be betting for this, both china and UAE has the potential to succeed, but if SpaceX joins, I'll go with Elon.

Ryker1

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Well, I just now heard this kind of betting. Until now this race has existed?
Space race perhaps an event of those countries that fully developed and that can afford to have a spaceship and join the race. Perhaps, the betting of this race will take so long before the event will happen. I think this becomes bored for those people who want a quick result. Indeed, this is a luxury game I have ever heard. It's quite good to watch if there is a live video on this.

2double0

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Ah, so reaching to Mars does have a space race wager? Gambling is getting too much outstanding these days when we get to gather more knowledge about these things when such betting types will pop. Op, I read your latest comment here and I want to convey that some day soon, we are going to get some affordable rides on Earth which will give us space-like adventures on Earth itself as Japan has made it possible by doing their first successful trial for a flying taxi. I think we should also wager on this as to which country, these cars will go first. Wink

Wawa2013

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Some countries with good economies such as China are not impossible to send a mission to Mars. But I have doubts about mission to Mars
conducted by the UAE state. Indeed, the UAE country is financially capable of financing the mission to Mars. But from the technological
capabilities of the UAE still away from China. Maybe if there are gambling platforms that provide bet options regarding mission to Mars,
it will be very interesting and I'll bet China will win when compared to the UAE.

stomachgrowls

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Quote from: dothebeats on August 26, 2020, 12:15:30 PM

If sports books are going so far as to listing events such as hotdog eating contests on their platform, up to national elections on some countries and sociopolitical events, it is possible that they will be including things such as this. The first manned mission to Mars would be the prized trophy that economic superpowers will try to reach out for since they will show the rest of the world how superior their tech are, plus the ones who get there first would be able to survey the red planet thoroughly for possible resources and whatnot. It will take a long ass time but people bet on literally anything that goes under the sun, so expect this type of lines in the next years to come.

And if I were to bet which country would make a dent on our history as a space-faring civilization, I would say it would be the US give the advancements it is seeing on rocket technology thanks to the help of brilliant engineers and private companies testing the waters for NASA.

We can eventually see the weirdest bets available on last year: https://www.sportsbettingdime.com/news/25-weirdest-bets-available-2019/

If these things did get some consideration then theres no doubt that these space exploration or race would definitely had a line.This might really take for too long but
for sure that there are fellas who would put up and select which one would be the first.

Timelord2067

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What's far more likely is that a base or bases together with mining for water / fuel at the Luna Poles will have been underway for years to build interplanetary exploration. Why I say that is due to the sheer amount of fuel needed to leave the planet/ low Earth orbit.

Once on Mars I think there'll be numerous mining ventures start up partly for the return trip and partly to avoid home planet regulations on environmental protection.

(And it'll probably be a corporation not a government that gets to Mars first)

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If sports books are going so far as to listing events such as hotdog eating contests on their platform, up to national elections on some countries and sociopolitical events, it is possible that they will be including things such as this. The first manned mission to Mars would be the prized trophy that economic superpowers will try to reach out for since they will show the rest of the world how superior their tech are, plus the ones who get there first would be able to survey the red planet thoroughly for possible resources and whatnot. It will take a long ass time but people bet on literally anything that goes under the sun, so expect this type of lines in the next years to come.

And if I were to bet which country would make a dent on our history as a space-faring civilization, I would say it would be the US give the advancements it is seeing on rocket technology thanks to the help of brilliant engineers and private companies testing the waters for NASA.

jademaxsuy

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High chances the China could.make it. We should not underestimate their capabilities sinde they got technology too that is working. If you wanted to wage on this then go on china making it to mars. As we evolve today modern technology we can have high assurance that applying this technology to reach mars is at great help.

However, I do hope they are not using cheap quality materials in their equipment because high chance that it can't reach even in the moon.

iTradeChips

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What I think the best question right now and a good basis for a bet is this question. What country will be the first country to send Men to Mars. Then the next best question is, what country would be the first to send humans to the planet Titan in Jupiter. Titan is a planet with an atmosphere of Methane. And also the oceans of the planet are made of liquid methane as well. It is a flammable element here on planet Earth but with the lack of oxygen, combustion is impossible there. Titan would be the next oil rush of the future civilizations maybe for the next 500 years. We are at the infancy of space travel and this would be an exciting ride for many people in the future.

Naida_BR

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Quote from: DireWolfM14 on July 25, 2020, 04:31:30 PM

China just recently launched it's second attempted mission to Mars. The Tianwen-1 mission should reach Mars in early 2021, after a 7-month journey. Their not alone, the UAE also launched a mission to mission to Mars, the EMM-HOPE.

I haven't heard much about the Emirates' space program, but I've heard of the Chinese's a few times. So it got me thinking about if they're going to actually make it this time. And whether the UAE's ship will make it too. I'm not a gambler, so I'm only wondering out of curiosity. What do the odds maker's think?

China is already a dominant nation in the Earth and now they try to dominate the space as well.
Do we know the real mission of those astronauts that go there?
Seems like a long trip however and I wonder why both China and UAE are sending missions on the same time.

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Quote from: Shasha80 on August 25, 2020, 11:16:11 PM

If I was offered that opportunity, I would have turned it down, just imagining it would be terrible. Must fall asleep in a deep capsule
a long time, for the experiment people will be sent to the planet Mars later. What if there are side effects, the risk is too great.
Although the fees offered are quite large, the risks we have to accept are also quite large.

I prefer to try with the other, which is not too risky for my life. If that mission can succeed, that will be a big move in the technology, and that can lead to having another mission to the outer space. But if that fails, people's lives will be a risk because they are going to the outer space using that capsule. But I hope that people who are going with that capsule will be okay.

It is not worth risking our lives because that needs the courage to join in that mission. But the result will make people curious, and they need to wait for some time to see that.

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Quote from: iTradeChips on August 25, 2020, 09:34:41 AM

Quote from: Timelord2067 on July 31, 2020, 11:33:32 AM

What ever happened to that proposed reality TV program that was promising to send a crew to Mars (one way) with the landing / viewing as pay per view?

I also the news before like 2 years ago, but I am not sure. The news features people who are being paid big amounts so that they could sleep for long hours and also live inside a capsule that would mimic a spaceship that will bring people to the planet Mars. These people will simply live inside the capsule for a few months and scientists will measure everything that they can measure, so that they could know what would be the effects of long term isolation of humans due to space travel. I have not heard of that as well and whether the results are encouraging or not.

If I was offered that opportunity, I would have turned it down, just imagining it would be terrible. Must fall asleep in a deep capsule
a long time, for the experiment people will be sent to the planet Mars later. What if there are side effects, the risk is too great.
Although the fees offered are quite large, the risks we have to accept are also quite large.

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Quote from: Welsh on August 21, 2020, 04:51:29 PM

Its incredibly hard to make a prediction of the growth of technology, and therefore our capabilities in the near future. So, although Elon Musk's predictions might seem a little far fetched, and don't get me wrong they are. I think it certainly might be possible in the lifetime of a few users on this forum. Obviously, Elon is a businessman, and he knows how to make money. He knows that going on Joe Rogans podcast was a good move, and he knows exactly what to say to increase his sales. However, Elon does have a good track record of delivering what hes said he will do. Although, its usually a little longer than the initial prediction.

Technology is moving at a rapid rate these days, just today I read that Elon is might be ready to start human trials on his Neuralink project, and another story about a battery made of nuclear waste that won't need recharging for 28,000 years. If the first is true, then we can all go to Mars, Total Recall style. If the second is true, the implications of a limitless power supply are only bound by imagination. Of course these fantastical projects are usually decades from becoming reality, having any practical application, or being affordable enough to become commonplace.

Space travel will get there in the years to come. Whether it's affordable for the average joe or not, it will become affordable enough for businesses to take advantage of the opportunities. It's already getting cheaper as multiple countries and private enterprises are competing for contracts.

Quote from: Timelord2067 on July 31, 2020, 11:33:32 AM

What ever happened to that proposed reality TV program that was promising to send a crew to Mars (one way) with the landing / viewing as pay per view?

Are you referring to Mars One? I heard it went bankrupt, it was probably a scam from the start. There have been several Mars colony simulations, but I don't know of any that were featured as a reality show.

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The space mission that failed during the month of July has now made the space wager more interesting. If this was a success mission, surely people will select odds of win. Now more and more mission into the wager contest will make the space wagers popular. In particular these kind of betting will make the space enthusiasts get involved much.

john_nautica

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Quote from: iTradeChips on August 25, 2020, 09:34:41 AM

Quote from: Timelord2067 on July 31, 2020, 11:33:32 AM

What ever happened to that proposed reality TV program that was promising to send a crew to Mars (one way) with the landing / viewing as pay per view?

I also the news before like 2 years ago, but I am not sure. The news features people who are being paid big amounts so that they could sleep for long hours and also live inside a capsule that would mimic a spaceship that will bring people to the planet Mars. These people will simply live inside the capsule for a few months and scientists will measure everything that they can measure, so that they could know what would be the effects of long term isolation of humans due to space travel. I have not heard of that as well and whether the results are encouraging or not.

I have also heard about this before. I did not imagine that this concept would be really pursued more the following years. Although, I am wondering how would the results of this betting idea would be generated? Will it be base from the news as well? But what if different reports were presented?

Topic: Space Race Wagers? (Read 774 times)