easiest 5dimes bet

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  • Catholic
    Restricted User
    • 03-10-12
    • 32

    #1
    easiest 5dimes bet
    Obama to win Democratic nomination at -3800

    Do they think Hillary is gonna shot him or something?
  • ProfaneReality
    SBR Hall of Famer
    • 04-14-09
    • 7607

    #2
    Is it that great ? $100 bet would yield $2.63 or 2.63% tied up for how many months?
    Comment
    • LVHerbie
      SBR Hall of Famer
      • 09-15-05
      • 6344

      #3
      Would take something major for it not to happen... Probably something on the scale that losing the bet would seem pretty insignificant... I wouldn't think twice about bet it as long as you don't mind tying up your money till the Democratic convention...
      Comment
      • LVHerbie
        SBR Hall of Famer
        • 09-15-05
        • 6344

        #4
        Originally posted by ProfaneReality
        Is it that great ? $100 bet would yield $2.63 or 2.63% tied up for how many months?
        6 months... Basically comes down if you willing to tie up your money for that period for the return it would yield since things would have to get pretty sick to lose the bet... Given the interest currently on other very low risk options (such US short term treasury bills which are basically currently paying close to zero) 2.63% return doesn't sound all that bad for six months as long as you don't need to money between now and then and can't find better opportunities (and, of course, are confident in 5dimes' solvency during that period)...
        Comment
        • PickWinnerAllDay
          SBR Posting Legend
          • 08-31-11
          • 12722

          #5
          Originally posted by LVHerbie
          Would take something major for it not to happen... Probably something on the scale that losing the bet would seem pretty insignificant... I wouldn't think twice about bet it as long as you don't mind tying up your money till the Democratic convention...
          Could be something personal with Obama... serious illness, affair, etc. Wouldn't really affect anyone's day to day life.
          Comment
          • Vaughany
            SBR Aristocracy
            • 03-07-10
            • 45563

            #6
            Yes Im desperate to make a few pennies off a hundred dollar bet
            Comment
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