Post
Topic
Board Gambling
Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest
by
RealMalatesta
on 20/03/2020, 16:13:44 UTC
With an average fluctuation / day of $1240 per BTC , ( 1240 = volatility for the last 10 days ). It will be a rather risky affair to predict the value 10 days ahead . Given the betting range between each odds $500. ( eg: 6000 - 6501  ).
Simple rule - if the average volatility is less than your betting range ( $500 ) , its worth considering to take a shot at betting. Currently NO. Angry
That is the thing with bitcoin and knowing the price 10 days beforehand. I do not remember when all of this started but has the leading odd price ever became true? I do not remember anytime soon that happened, at least not in the past 3 months. Which means whenever people wager on a price range, they are usually wrong, only lesser amount of people are right (well at least money wise).

You can't really know what bitcoin will do in 10 days, if we did know that we would have been richer much more than just gambling, we would have longed or shorted our positions with leverage to make insane amount of profit, but we don't know it at all. Which is why it is also incredibly hard to make a wager on it as well, that is why 3rd most wagered, 5th most wagered type of results end up winning.