1. 08-11-15 06:39 PM #1
    Hareeba!
    Hareeba!'s Avatar Become A Pro!
    Join Date: 07-01-06
    Posts: 33,242
    Betpoints: 20495

    Augur !

    Finally, I might find a real purpose to get involved with Bitcoin!

    http://reason.com/blog/2015/08/11/au...ction-ethereum
    Reply With Quote Reply With Quote
  2. 08-11-15 07:09 PM #2
    Hareeba!
    Hareeba!'s Avatar Become A Pro!
    Join Date: 07-01-06
    Posts: 33,242
    Betpoints: 20495

    Anonymity for fixers?
    Reply With Quote Reply With Quote
  3. 08-11-15 08:10 PM #3
    Optional
    Optional's Avatar Moderator
    Join Date: 06-10-10
    Posts: 57,761
    Betpoints: 9149

    Yeah. So many angles to think about with that.

    Could turn bookmakers into the next Blockbuster Video stores with enough traction.

    Reply With Quote Reply With Quote
  4. 08-12-15 08:58 AM #4
    DonZ
    DonZ's Avatar Become A Pro!
    Join Date: 03-06-15
    Posts: 33
    Betpoints: 193

    this link does't work
    Reply With Quote Reply With Quote
  5. 08-12-15 12:44 PM #5
    Optional
    Optional's Avatar Moderator
    Join Date: 06-10-10
    Posts: 57,761
    Betpoints: 9149

    Quote Originally Posted by DonZ View Post
    this link does't work
    Is here


    Augur May Become the Greatest Gambling Platform in History. Is There Anything the Government Can Do to Stop It?

    A blockchain-based prediction market that won’t be controlled or managed by anyone. Jim Epstein|



    An online gambling platform could do to the neighborhood bookie what electric refrigerators did to the ice delivery man. Coming this fall, Augur will allow participants to wager money on any future event of their choosing. Software will set the odds, collect the bets, and disperse the winnings. The price alone should give Nevada sportsbook operators pause; an estimated one percent of every pot will go to keep the system running. The average vig today is about 10 times that.

    [...]
    Reply With Quote Reply With Quote
  6. 08-12-15 02:59 PM #6
    IBetYou
    IBetYou's Avatar Become A Pro!
    Join Date: 07-03-15
    Posts: 7,827
    Betpoints: 16136

    Sounds like a betting exchange with money you can't use
    Reply With Quote Reply With Quote
  7. 08-26-16 05:06 PM #7
    BitCoinTalk
    5Dimes is sexxy.
    BitCoinTalk's Avatar Become A Pro!
    Join Date: 09-29-14
    Posts: 474
    Betpoints: 643

    Augur is going to be awesome, If I understand correctly, I'll make money just by reporting on the outcome of the games... Boo ya!

    I'm glad I got my REP.
    Reply With Quote Reply With Quote
  8. 08-27-16 04:22 AM #8
    nymfan99
    nymfan99's Avatar Become A Pro!
    Join Date: 08-15-15
    Posts: 260
    Betpoints: 4877

    I don't totally get it, but how would this be legal? Or is it just something that the govt just cant stop? Basing the company out of the US seems like a death trap and isn't anything different from a sportsbook being in the US...
    Reply With Quote Reply With Quote
  9. 08-28-16 07:29 PM #9
    Lily Blackwell
    Lily Blackwell's Avatar Become A Pro!
    Join Date: 08-25-16
    Posts: 105
    Betpoints: 34

    Quote Originally Posted by Optional View Post
    Yeah. So many angles to think about with that.

    Could turn bookmakers into the next Blockbuster Video stores with enough traction.

    This is the dumbest video I have ever seen. 👎
    Reply With Quote Reply With Quote
  10. 09-01-16 11:51 AM #10
    BitCoinTalk
    5Dimes is sexxy.
    BitCoinTalk's Avatar Become A Pro!
    Join Date: 09-29-14
    Posts: 474
    Betpoints: 643

    Quote Originally Posted by nymfan99 View Post
    how would this be legal?
    Everything I've read says that if you trade you're not liable, only market makers would be liable. And with markets, like anything else w/ regulation, it depends on what kind of market you make, what jurisdiction you're in, etc.

    Quote Originally Posted by nymfan99 View Post
    Or is it just something that the govt just cant stop?
    Pretty much, because this does not run on servers the gov't can touch (P2P).


    In the end, it's too speculative for the CFTC to give a penetrate.
    Reply With Quote Reply With Quote
Top
« Previous Thread | Sportsbooks & The Industry | Next Thread »