☼ ☁ Weathbet.com ☁ ☼ - Bet on weather condition - BTC, LTC, DOGE - page 3.

weathbet.com

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weathbet.com Bet on weather conditions

Quote from: Gay M. Bull on December 29, 2015, 05:52:54 PM

Quote from: weathbet.com on December 22, 2015, 05:24:26 AM

Quote from: Gay M. Bull on December 22, 2015, 05:17:06 AM

I made ten bets for the minimum allowed on the site (0.01btc), and I bet odds between 1.01 and 1.04 thinking I was placing safe bets, just to try the site and see how it works. And somehow I lost 5 out of 10 bets. Mostly I bet 1.01 odds, and lost 4 out of 6 of them.

Bad luck can happen but I seriously doubt the true odds are anything close to what you're paying out.

I'll live without my 5 cents and that isn't the point, but I feel kind of robbed given that I just trusted the payouts were vaguely in line with the true odds. This site seems like a gimmick, just designed to get people to make a really lopsided bet. I should have suspected this since you only allow betting on one side of the line.

Payouts are exactly as stated in the odds, its gambling. Results are published from government weather stations, we dont make up the weather....

You're not following my criticism, or you're deliberately strawmaning it. I'm not saying you don't payout the amount stated or that you lie about the results. I'm saying the amount you pay is very disproportionate to the true odds of the event occurring, in other words a big sucker bet to the player.

It doesn't make you a liar or anything, you can put whatever odds you want, and people can choose to play or not play. I'm just letting people know that the odds here are way out of line with the true likeliness and they can get a much fairer bet on other gambling sites.

I'd suggest opening up betting to both sides of the bet. Could you imagine a sportsbook where you could bet on one team but not the other? The only reason you're setting it up that way is because you know very few people know the true odds of changes in weather (and you're taking advantage of that with a sucker price), but that many people could do the math and see how it adds up if you put a line on both sides of it.

We would be interested to hear your thoughts on how to price the odds on changing weather conditions, please provide some more information.

Gay M. Bull

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Quote from: weathbet.com on December 22, 2015, 05:24:26 AM

Quote from: Gay M. Bull on December 22, 2015, 05:17:06 AM

I made ten bets for the minimum allowed on the site (0.01btc), and I bet odds between 1.01 and 1.04 thinking I was placing safe bets, just to try the site and see how it works. And somehow I lost 5 out of 10 bets. Mostly I bet 1.01 odds, and lost 4 out of 6 of them.

Bad luck can happen but I seriously doubt the true odds are anything close to what you're paying out.

I'll live without my 5 cents and that isn't the point, but I feel kind of robbed given that I just trusted the payouts were vaguely in line with the true odds. This site seems like a gimmick, just designed to get people to make a really lopsided bet. I should have suspected this since you only allow betting on one side of the line.

Payouts are exactly as stated in the odds, its gambling. Results are published from government weather stations, we dont make up the weather....

You're not following my criticism, or you're deliberately strawmaning it. I'm not saying you don't payout the amount stated or that you lie about the results. I'm saying the amount you pay is very disproportionate to the true odds of the event occurring, in other words a big sucker bet to the player.

It doesn't make you a liar or anything, you can put whatever odds you want, and people can choose to play or not play. I'm just letting people know that the odds here are way out of line with the true likeliness and they can get a much fairer bet on other gambling sites.

I'd suggest opening up betting to both sides of the bet. Could you imagine a sportsbook where you could bet on one team but not the other? The only reason you're setting it up that way is because you know very few people know the true odds of changes in weather (and you're taking advantage of that with a sucker price), but that many people could do the math and see how it adds up if you put a line on both sides of it.

kshyzer

sr. member

Activity: 266

Merit: 250

hmm, got the same msg again... is it stop working after a specific hour?

HardcoreSuperstar

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★YoBit.Net★ 350+ Coins Exchange & Dice

You can literally bet on anything now a days. I'm not going to complain though because I do like the original idea. Keep up the originality@

weathbet.com

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Activity: 179

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weathbet.com Bet on weather conditions

Quote from: Junko on December 22, 2015, 04:28:34 PM

Interesting, but not totally original concept. Ladbrokes and William Hill and prolly more others have offered betting on white Christmas for as far back as I can remember.

I will take your bet on a white christmas this year

Junko

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Activity: 1512

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Interesting, but not totally original concept. Ladbrokes and William Hill and prolly more others have offered betting on white Christmas for as far back as I can remember.

weathbet.com

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weathbet.com Bet on weather conditions

Quote from: kshyzer on December 22, 2015, 06:25:12 AM

Quote from: weathbet.com on December 21, 2015, 06:22:32 PM

Quote from: kshyzer on December 21, 2015, 04:59:46 PM

D: every bet show "Sorry, this weather station is inactive or has not been updated in the last hour (station error)"

There was a problem with the station feed, has now been resolved.

Hello, i'm back, sorry i was busy after that..

is it still avaliable (at least for me)? i was really going to try that time... but that problem don't allowed to so Sad

Yes still valid, you have claimed the final slot so bet at your convenience.

kshyzer

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Activity: 266

Merit: 250

Quote from: weathbet.com on December 21, 2015, 06:22:32 PM

Quote from: kshyzer on December 21, 2015, 04:59:46 PM

D: every bet show "Sorry, this weather station is inactive or has not been updated in the last hour (station error)"

There was a problem with the station feed, has now been resolved.

Hello, i'm back, sorry i was busy after that..

is it still avaliable (at least for me)? i was really going to try that time... but that problem don't allowed to so Sad

weathbet.com

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Activity: 179

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weathbet.com Bet on weather conditions

Quote from: egghead123 on December 22, 2015, 05:27:47 AM

LOL its easy if you are in the uk because its pissing rain all the time

Rain is one of the things we do not take bets on.

egghead123

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LOL its easy if you are in the uk because its pissing rain all the time

MadeinCoin

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Quote from: Gay M. Bull on December 22, 2015, 05:17:06 AM

I made ten bets for the minimum allowed on the site (0.01btc), and I bet odds between 1.01 and 1.04 thinking I was placing safe bets, just to try the site and see how it works. And somehow I lost 5 out of 10 bets. Mostly I bet 1.01 odds, and lost 4 out of 6 of them.

Bad luck can happen but I seriously doubt the true odds are anything close to what you're paying out.

I'll live without my 5 cents and that isn't the point, but I feel kind of robbed given that I just trusted the payouts were vaguely in line with the true odds. This site seems like a gimmick, just designed to get people to make a really lopsided bet. I should have suspected this since you only allow betting on one side of the line.

You try to contact the OP for this promo "free refund your bet if you lose" I think this still available
but I'm not sure he return all losing bets

weathbet.com

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Activity: 179

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weathbet.com Bet on weather conditions

Quote from: Gay M. Bull on December 22, 2015, 05:17:06 AM

I made ten bets for the minimum allowed on the site (0.01btc), and I bet odds between 1.01 and 1.04 thinking I was placing safe bets, just to try the site and see how it works. And somehow I lost 5 out of 10 bets. Mostly I bet 1.01 odds, and lost 4 out of 6 of them.

Bad luck can happen but I seriously doubt the true odds are anything close to what you're paying out.

I'll live without my 5 cents and that isn't the point, but I feel kind of robbed given that I just trusted the payouts were vaguely in line with the true odds. This site seems like a gimmick, just designed to get people to make a really lopsided bet. I should have suspected this since you only allow betting on one side of the line.

Payouts are exactly as stated in the odds, its gambling. Results are published from government weather stations, we dont make up the weather....

Gay M. Bull

newbie

Activity: 3

Merit: 0

I made ten bets for the minimum allowed on the site (0.01btc), and I bet odds between 1.01 and 1.04 thinking I was placing safe bets, just to try the site and see how it works. And somehow I lost 5 out of 10 bets. Mostly I bet 1.01 odds, and lost 4 out of 6 of them.

Bad luck can happen but I seriously doubt the true odds are anything close to what you're paying out.

I'll live without my 5 cents and that isn't the point, but I feel kind of robbed given that I just trusted the payouts were vaguely in line with the true odds. This site seems like a gimmick, just designed to get people to make a really lopsided bet. I should have suspected this since you only allow betting on one side of the line.

weathbet.com

full member

Activity: 179

Merit: 100

weathbet.com Bet on weather conditions

Quote from: kshyzer on December 21, 2015, 04:59:46 PM

D: every bet show "Sorry, this weather station is inactive or has not been updated in the last hour (station error)"

There was a problem with the station feed, has now been resolved.

kshyzer

sr. member

Activity: 266

Merit: 250

D: every bet show "Sorry, this weather station is inactive or has not been updated in the last hour (station error)"

weathbet.com

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Activity: 179

Merit: 100

weathbet.com Bet on weather conditions

Quote from: kshyzer on December 21, 2015, 07:17:55 AM

so, is it still open? i would like to try... waitting for your confirmation

Yes, please go ahead and take the final slot!

LFC_Bitcoin

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Quote from: kshyzer on December 21, 2015, 07:17:55 AM

so, is it still open? i would like to try... waitting for your confirmation

It should be, they haven't said otherwise.

Just be patient buddy, I'm sure they'll get back to you.

kshyzer

sr. member

Activity: 266

Merit: 250

so, is it still open? i would like to try... waitting for your confirmation

weathbet.com

full member

Activity: 179

Merit: 100

weathbet.com Bet on weather conditions

One more "free refund your bet if you lose" slot available.

Remember user Donatello actually won trying this last time with odds of 1.44 on a 0.1 bitcoin bet, a tidy profit for no risk

weathbet.com

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Activity: 179

Merit: 100

weathbet.com Bet on weather conditions

Quote from: skierchewing on December 17, 2015, 10:47:10 PM

Confirming that i received my refund

thanks!... i just think the odds is a little big, and some odds are like 1.01 lol

Odds are variable and relate to the likelihood of an event occuring, weather is a predictable (apparently) event

This is why you are unable to bet on temperature increasing during the day for example, its too predictable and we would be out of business very fast.

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