pull down to refresh
0 sats \ 4 replies \ @ek OP 12 May 2023 \ parent \ on: NIP-99: Prediction markets (Draft) nostr
No I haven't but yes, sport bets (which team will win?) are classic examples of prediction markets.
Can you show me one such bet? I would be very interested to see how bets are currently handled in the wild!
reply
lol, probs to these dudes to do this all manually
Yes, bets like these will be possible in a more standardized, automatic fashion with my NIP.
With proper software support (= NIP-99 clients), any user should be able to create such events and let people bet on stuff.
reply
Can it do the specific setup like this though? Bet first 5 positions and get points for any correct position?
reply
Yes, I think so. The simplest way would probably just be to create 5 bets and just say "Who do you think will be in top 5?
If your candidate is in the top 5 you win.
You can do this 5 times with different candidates and then this should be the same setup, no?
Or a more complicated way which is more a mirror of the current setup would be create an event with an outcome for every combination of candidates as part of the top 5.
This would just be a single bet where you pick your 5 candidates.
Edit: Oh, I think I misunderstood. The bet is not about who is in the top 5 but the actual positions in the top 5. But yes, that is also possible.
Then you just create 5 bets for every position and pick your candidate.
reply