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Topic: Sports Prediction Market? (Read 256 times)

newbie
Activity: 1
Merit: 0
September 04, 2016, 02:44:21 PM
#1
Any live sport prediction markets that use bitcoin? For example let's say we are watching a football game and you purchase tickets at a specific price set by the community, so if team A is a big underdog you might find a ticket or tickets for them priced at .o1 btc and you decide to buy five shares at that price. the game goes on and Team A is starting to play pretty damn well, and as they're playing better their ticket price is increasing, lets say it reach .05 btc. You as the owner of those five shares can sell them at .05 btc or keep those, you decide to sell netting a profit .2btc. Team A goes on to win and their final price ends at .1btc you could have made .45 btc but sold early.

It's similar to the way predict.org works and other prediction markets like Betmoose, but with sporting events.
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