GasX
Lifer
Anyone use this site?
My friends have been doing this for a while and love it. You trade futures on pretty much anything and the value of your bets change in real time. For those of you who were watching the Monday Night Seattle / Dallas game, for example, the payoffs were fluctuating WILDLY in the fourth quarter.
For the uninitiated, the way it works is this:
1. You think A is going to happen (i.e. Cowboys will lose badly to New Orleans this weekend)
2. You buy contracts for A on the open market (or sell Cowboys win contracts...)
3. You watch their value as news develops through the week
4. PROFIT!
For example, If Deuce McCallister gets in a car accident 5 minutes after you purchase your contract, "A" will shoot up in value. If it comes out afterwards that Julius Jones was also in the car, "A's" value drops just as fast. Once the game starts, the value will rise and fall with the game.
A contract is worth $100 if it ends up in the money, so you can figuree the odds you are getting based on the price...
My friends have been doing this for a while and love it. You trade futures on pretty much anything and the value of your bets change in real time. For those of you who were watching the Monday Night Seattle / Dallas game, for example, the payoffs were fluctuating WILDLY in the fourth quarter.
For the uninitiated, the way it works is this:
1. You think A is going to happen (i.e. Cowboys will lose badly to New Orleans this weekend)
2. You buy contracts for A on the open market (or sell Cowboys win contracts...)
3. You watch their value as news develops through the week
4. PROFIT!
For example, If Deuce McCallister gets in a car accident 5 minutes after you purchase your contract, "A" will shoot up in value. If it comes out afterwards that Julius Jones was also in the car, "A's" value drops just as fast. Once the game starts, the value will rise and fall with the game.
A contract is worth $100 if it ends up in the money, so you can figuree the odds you are getting based on the price...
