dieseldog

Ha! That's hilarious! Nice work.

That's ok. You're always welcome to decline a challenge I (or anyone really) sends you. No hurt feelings whatsoever. I know not everyone is interested in the same topics!

I hope that helps a bit!

Performance this quarter
Gain: +9,619
Leaderboard: #20
Best category: General (#6)
Worst category: Science (#740) 7-06-08 2:15 pm EST Net worth: H$183,473

Performance this quarter
Gain: +12,091
Leaderboard: #17
Best category: Politics (#4)
Worst category: Science (#254) 7-06-08 3:18 am EST Net worth: H$185,925
the "gain" this is referring to is my quartley gain. i never lost $2,472 over night. is this saying my "cashin" value (on my open predictions) increased by $2,472 over night? if so my networth shouldn't have went down..correct? only thing i see consistent is science is my worse catagory.



Yes, these quarterly gains are going to be driven by the value of your predictions. If you put a 10,000 bet on something and no one agrees with you, your 10,000 may drop to have a cash in value of only 100. This would cause your Predictions and your Net Worth to drop by 9,900 h$.

Ok.. gonna give this a try..

You: "if i add my settled predictions for 365 days + my cashed in predictions for 365 days + $20 for every day i've logged in + the $1,000 i started with + $300 for friends who signed up + the cash i have bet (open predictions) just the bet not the cashin value....would that not be close to what my net worth would be?"

Me: No, you end up double counting if you do it that way. Your networth is only your cash on hand and the money you currently have in predictions. The thousand you started with and the 20$ a day, etc have likely been invested in other things, so you end up double counting them if you try to count them separately. Also, when you look at the money you have in predictions, it is important to look at the cash in value, not the amount that you bet in the beginning.

sorry, i'm not ignoring you.. but I'm going to be out of the house most of today, so it will probably be tomorrow before i can think through it properly and respond to you.

No problem....to each his own...thanks

gotcha this time....I'll try to make sure I leave ya off the group when I send these out...if I goof up, my apologies in advance...thanks

Of course, no sweat, not my favorite either, I'd rather deal with things that I feel like I know SOMETHING about, rather than stock markets which seem so random to me.

haha, I suspect it's already the worst kept secret on Hubdub!

That's OK....I didn't get to either....woulda won too....lol