Post
Topic
Board Hardware
Re: Poll:Did Bets of Bitcoin correctly decide "BFL will not ship ASIC before April"?
by
Bogart
on 03/04/2013, 14:05:06 UTC
In this case, the title of the bet and the content of the bet resolve to different outcomes. No instructions, knowable to participants at the time of placing their bets, have been provided regarding what should be done in this case.

Actually both the bet title and the bet content each separately result in a "True" bet outcome, IMO.


When placing bets for money rather than mere fun, I would like people to be especially careful about the conditions they formulate. There is a fine but very real difference between "yes", "no" and "syntax error".

...

This leaves room for creative interpretation, which in my opinion, should disqualify the bet itself. I think "draw" is a reasonable decision, just like "when in doubt, do no harm" is a reasonable principle.

Bets of Bitcoin has to approve the statement before allowing bets to be placed, and they have an opportunity to revise the statement, or to reject it outright.  They chose to approved the statement as it is and to accept bets on it.