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A Reversal of Odds

a chart explanation below

From the bet Bitcoin to Break $10,000 which closes to new bets on November 19th, 2014 and resolves 10 days later on the 29th of November. When this bet opened on November 30th, 2013 nearly 100 BTC was bet the same day at odds of roughly 3:2 in favor. Now that time has passed and the window for BTC to break the $10,000 price point within the bets window has shrank and the odds have corrected, to the tune of raising the pool of BTC bet to 812.29 BTC.

700 BTC laid down simply to correct the odds.

This entry was posted on Saturday, September 13th, 2014 at 12:06 p.m. and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response to “A Reversal of Odds”

  1. The Newest Biggest: Or the value of a Backstop | Bingo Blog says:
    September 19, 2014 at 4:56 p.m.

    […] it was just last week that I highlighted the massive odds correction on the bet where Bitcoin breaks $10,000 before the end of November. Between these two bets, the […]

    Reply

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