Line betting on BitBet, August 2014

September 2nd, 2014

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Report 5. September 2nd, 2014
Accounting url: bitbet.us/stats/18bCNXjdT2NUjcip6KdbFR5EEFAu3oTgTq

Total wagers made: 2 (2x wagers on 1 bet); all time: 48 (2x wagers on 24 bets)
Total wagered: 1 BTC; all time: 24 BTC
Total bets resolved: 4; all time: 131
Total calls won: 2; all time: 10
Total calls lost: 2; all time: 3
Total calls pending: 11
Total amount won: 2.91612051, less 4 BTC resolved wagers, for a period loss of 1.08387949; to date, 11.51316402 won less 13 BTC resolved wagers, for an all-time loss of 1.48683598.
Outstanding wagers: 11 BTC

New bets this period:
1. Bet 1024, BTC 100 times bigger than LTC Feb 1st; .3 on Yes (bet 3), .7 on No (bet 4); status: ongoing

Notes:
This'd be PC4's largest monthly loss to date, demonstrating the sheer negative impact possible when a couple of lost calls meet a low-weight wager and a bet with dismally low volume on the losing side. As reflected in the new bets above, a more conservative selection of bets is planned, particularly to avoid the rather frustrating scenario played out in 974 and hopefully ease this effort back to black.

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  1. Bets resolved from earlier placing periods: 974, 890, 812, 742. []

One Response to “Line betting on BitBet, August 2014”

  1. [...] just in time for the mega FOREX volatility yesterday. [↩]13.85084467 BTC PC 1 + 37.51316402 PC4 + 21.63433032 PC5 + 355.07405515 unallocated reserve. [↩]4.024047766738874 BTC (take that [...]

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