Will the 'no' option be a greater percentage than the 'yes' option at suspend date?
Yes 51%, No 49%. The 'No' prediction is correct.
Background:>
Settlement details:Suspend date is one month.
- Activity: H$69,445 |
- Predictions: 205 |
Comments: 26
Suspend date: Mon 24th Mar 2008 11:59pm PST
Settlement date: Tue 25th Mar 2008 9:08am PST
Prediction cut-off: Predictions on this question after Mon 24th Mar 2008 11:59pm PST have been voided because they were made after the question could be settled
Initial likelihoods: Yes: 40%
Action history:
Suspend date: Mon 24th Mar 2008 11:59pm PST
Settlement date: Tue 25th Mar 2008 9:08am PST
Prediction cut-off: Predictions on this question after Mon 24th Mar 2008 11:59pm PST have been voided because they were made after the question could be settled details








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right now yes has 41 and no has 59
if i bet yes, that means i am betting that "no" will be have a greater percentage.
--if i am right, i lose because i said no would be greater, but i bet on yes
if i bet no, just the opposite happens.
maybe i'm worng, but this is definitely hurting my brain. can someone help me?
Phred, you're right. Basically, you place your prediction on one option, and hope that most folks dump money into the other option.
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if you gain even gain an opinion on your answer, voting for your answer would increase the value of the opposite side of the market. whoa. did i get that right, or am I leaking brain fluid?
I don't know about the 'cannot be gamed' part - you might not be able to game this question in your OWN favour, but if you were trying to wager on some other hubdub question like will someone be in the top ten or have a certain amount of HD by a certain point, you could have them wager one way on this question and then wager a large enough amount to skew the percentage just before settlement to help them out, right? Just wondering.
This would be a difficult question to game even with the collusion of another Hubdubber. If you (hypothetically) wanted to game a question by conspiring with another user there would be _much_ easier questions to game than this one. I'm amazed that it's even 2% away from 50-50. Too bad it doesn't suspend for 3 weeks, I could make a killing 8^)
Donal
(Hubdub Sports Editor)
This is mostly me just trying to get my head around this.... thoughts welcome if you have any...
I would like to add one element, what if they (hubdub admins) were to allow us to sell short?
That way, I could bet that NO will win by shorting YES. Do you get me? Shorting works like this, I see that YES is not going to win, but I don't want to bet on NO, because I think NO will win, so I "short sell" YES, thus causing YES to fall (cause short selling means I sell now to buy back later) and therefore NO has a better odds of winning, however, if I am to get out of my short sell, then I must buy it later, thus causing NO to fall and YES to rise back up......... Okay, now I just confused myself! ................... I can't make this work even with short selling. HAHAHAHAHA!!!
GREAT question "skipper" ... This site gets more fun each and every day :-D
lucidstates
... so, have I gamed the market? ;-)
On a side note: if a large sum is placed for a gaming method that would work, and is caught and banhammered, would to settlement reflect the odds with or without the large sum (assuming it made a difference to the outcome)
@Newswangler: No more then you can on amy hubdub market, the odds change enough that you can generally get low odds for most if not all options if you bet at the right time, meaning a gain whatever otion comes up (although less of a gain than only betting on the right one of course)
... just asking ...
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I had earlier said I would win H$25.00 -- apparently I forgot how to subtract. :-}
Does H$11.00 get me into the Gamers Hall of Fame?
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