Line betting on BitBet, November 2014

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Report 8. December 3rd, 2014
Accounting url: bitbet.us/stats/18bCNXjdT2NUjcip6KdbFR5EEFAu3oTgTq

Total wagers made: 4; all time: 54 (2x wagers on 27 bets)
Total wagered: 2 BTC; all time: 27 BTC
Total bets resolved: 3; all time: 171
Total calls won: 3; all time: 13
Total calls lost: 0; all time: 4
Total calls pending: 10 (20 wagers on 10 bets)
Total amount won: 3.51812209, less 3 BTC resolved wagers, for a period gain of .51812209; to date, 15.6557465 won less 17 BTC resolved wagers, for an all-time loss of 1.3442535.

Outstanding wagers: 10 BTC

New bets this period:
1. Bet 1074, BTC network hashrate will exceed 1 Exahash/s before June 2015; .01 on Yes (bet 4), .99 on No (bet 5); status: ongoing
2. Bet 1078, Bitcoin to drop under $250 before 2015; .01 on Yes (bet 6), .99 on No (bet 7); status: ongoing

Notes:
A number of reports to date included resolutions made on the first of the following month, which had needlessly complicated accounting in terms of outstanding wager counts. Armed with a spiffy new bet sorting menu on the account page (Thank you, kakobrekla!), I'll be keeping hard month-to-month limits (in GMT, like BitBet itself) from here on out. Apologies for any confusion.
A healthy period gain, the first since June. Happily, the resolution of 617 marks the last reach of the early low-weight blunders.
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  1. Bets resolved from earlier placing periods: 1000, 617, and 1054. []

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

  1. [...] of their capital as bitcoin due to a lack of suitable investment opportunities. Profit from their BitBet betting strategy drove a small, 0.048% increase of equity. This entry was posted in Investment. Bookmark the [...]

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