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Prediction markets getting ridiculous now

Reload

Reload

Joined
Nov 9, 2021
Messages
1,208
Saw they now have “five minute” predictions on crypto. You can trade on if Bitcoin will go up or down in the next five minutes.

How different is this from Keno? Online poker turbo sit and go’s? Betting on the next baseball pitch being a ball or strike?

Feel pretty bad for anyone involved. Will be all over with this kind of action ☠️
 

pipe

pipe

Joined
Aug 3, 2022
Messages
11,245
Betting on the next baseball pitch being a ball or strike? I like betting on the speed of ⚾ 😂 It's instant rush man. C'mon @Reload Do it! 😜 😉
 

djefferis

djefferis

Joined
Jan 8, 2024
Messages
4,513
Yea - where there’s a sucker, there’s someone willing to take their money.

What’s next - betting the price of BTC finishes odd or even at the specified time ?

It’s a fad - be smart and buy things like Robinhood or better yet Schwab stock while it’s down on fears of these exchanges. Even DraftKings stock getting double plundered over exchanges and state tax hikes is worth a look.
 

Reload

Reload

Joined
Nov 9, 2021
Messages
1,208
Yea - where there’s a sucker, there’s someone willing to take their money.

What’s next - betting the price of BTC finishes odd or even at the specified time ?
I recall offshore books used to have prop bets on odd/even like that all the time. The Dow Jones closing number ending in odd/even, that night’s Powerball being an odd or even number, etc. I’m sure prediction markets will do the same thing.
 
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