Quote from: digaran on March 02, 2017, 03:58:13 PM

Quote from: 0xfff on March 01, 2017, 05:38:40 PM

https://btc-e.com/bets

I really don't understand this. They are letting you bet on what the price of bitcoin will be in 5 minutes. How is this fair at all? Could a whale not bet and then buy/sell to take everyones money?

The chick in your avatar, is that you? you don't need to stress your skin by thinking too much sweetheart. let me gamble with a money that I don't have while trading requires you to have money and actually buy and sell to profit, in this case you predict the future price and you'll win if are correct.
This option is good for those with small pockets, they can also cheat easily since it's called "bet on bitcoin price" no hassle to implement a provably fair mechanism.
How are you going to prove that the price was at $xxx in a certain time? you can't but they can show you whatever suits them best and let you to blame the "bitcoin price".

Good job showing people how to pick-up chicks my man. Real smooth!

Betting on bitcoin prices are really stupid in my opinion, unless they are linked to a trading platform like poloniex or kraken, then I think it is possible to do. If you see that it actually rises and falls similar to the real time rise and fall of the exchange then you have a chance to manipulate your bets. But that is not the case in any gambling binary trading game. They indeed just show what they want to show, heck you don't even know where they are pulling their data from.