At this point I'll go ahead and reveal that I am the bet's creator, and that I initially took a large position on the "True" side.  By ruling the way they did, BoB effectively took from me over 150 BTC in potential winnings and commissions that I feel should rightfully be mine.

Sure, I made mistakes when I made the bet (which BoB had an opportunity to correct when they approved the bet), but I still feel like "True" is pretty clearly the correct outcome, based on multiple points.  Some of those being:

• BFL shipped nothing.  The bet title clearly is about BFL *shipping* a Bitforce SC product.  Coinjedi has said himself that the bet title is a part of the bet. [1]

• The pictures were posted after midnight.  No matter whether you go by GMT, Eastern time (official BoB time [2]), or Central time (which I believe is BFL time and also Luke-Jr time).  Sure, the pics were arguably taken before midnight, but the bet clearly says they had to be *posted* before April.

• The pictures were not credible.  They were taken by Josh/Inaba, a BFL employee, and were of a device that was pretty clearly sitting on a test bench at BFL.  The bet clearly says the pictures must be credible.

• The pictures claim to show a product hashing at about 25GH/s, which Luke-Jr says in a Little Single.  There was no such thing as a Little Single when the bet was made.  The 3 Bitforce SC products the bet concerns, and their hashrates concerning the bet are those listed in the post linked in the Bet.

• It is not clear whether or not Luke-jr is a BFL employee.  He continues to not answer when asked if he is/has received compensation from BFL. [3]  At the least, it looks like he's getting his order bumped to the front of the line.

My position appears to be overwhelmingly supported by public opinion on the forums. [4]  Opinion Coinjedi solicited I might add.

Sure BoB (and Luke-Jr and Josh/Inaba and BFL) will lose face over this, but that does nothing to fill my wallet, and history is quickly forgotten.

I'm feeling cheated and a little butthurt about it.  Wouldn't you?






[1]: https://bitcointalk.org/index.php?topic=163261.msg1726858#msg1726858

[2]: http://betsofbitco.in/help, in "What is the difference between deadline and event date?": "All dates refer to end of day Eastern Time."

[3]: https://bitcointalk.org/index.php?topic=163261.msg1729969#msg1729969

[4]: https://bitcointalk.org/index.php?topic=165902.0