Degens' Meetup #2 — Free Sats Waiting on UEFA Champions Legue Market on Predyx \ stacker news ~Stacker

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Degens' Meetup #2 — Free Sats Waiting on UEFA Champions Legue Market on Predyx

681 sats \ 18 comments \ @Coinsreporter 16 Apr Stacker_Sports

Howdy Degens!

Come closer and listen very carefully. (I've a better strategy than #942359) The Sats are flinging in the open on Predyx Champions League Market (https://beta.predyx.com/market/champions-league-winner). But beware you gotta use degen method or fall on your mouth. If you're sure and swear by degens' God 'Loki', here it is...

Put equal amounts of "Yes" sats on each of the remaining teams in the league.
Leave them there till June 1 and you will jackpot 10 to 15% extra sats.
Worship them on April 29 and May 6 to dig bonus.

The Final Four

Barcelona
PSG
Arsenal
Inter Milan

That's not all!

Dig some Sats by Putting "No" Shares on Rest of the Teams.

Still waiting?? Go and dig as much as you can..

https://beta.predyx.com/market/champions-league-winner (#859209)

@grayruby @Undisciplined

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20 sats \ 1 reply \ @grayruby 16 Apr

I rebalanced my champions league bets earlier today.

40 sats \ 0 replies \ @Coinsreporter OP 16 Apr

Always better to be early. I just wanted to tell you guys about some free sats.

On freebitcoin, I again made more than 2k easy sats by putting my passively lying 10 k on Arsenal

20 sats \ 5 replies \ @Undisciplined 16 Apr

Yep, there's a lot of juice to squeeze still. I haven't wanted to lock up sats (even though it's a guaranteed win) on driving the eliminated teams to 0.

26 sats \ 4 replies \ @Coinsreporter OP 16 Apr

This is highly unexpected of you.

You're right about the lockup time though. It's around 1 and a half month. But I've done away with my part. I thought you might as well be interested.

20 sats \ 3 replies \ @Undisciplined 16 Apr

I might still do it. The thing is, the two approaches you describe are equivalent. You can buy the "no"s directly or you can shrink the "no" probabilities by buying up "yes"s on the remaining teams.

The first approach makes more sense, since they're eliminated, but it's also not as fun, because there's no more tracking and trading to do.

31 sats \ 2 replies \ @Coinsreporter OP 16 Apr

I've bought 10k shares for each of the qualifying teams and also 10k No shares of Real Madrid.

Even if I don't track and trade further I'll end up winning 2000 Sats. My total invested sats are 18k, I'll get 20k. (All in approximation) That makes it a profit of 20% Sats if I be passive. But I won't be. I'll sell the yes shares for whatever I can for the teams I suspect not advancing towards the final on June 1. So I'll end up with much more (daggers drawn.... Sorry fingers crossed)

20 sats \ 1 reply \ @Undisciplined 16 Apr

Alright, you convinced me. I needed more inbound liquidity anyway.

25 sats \ 0 replies \ @Coinsreporter OP 16 Apr

I'll cherish it as my achievement. 😊

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20 sats \ 9 replies \ @denlillaapan 17 Apr

I was wooooondering yesterday, as I watched Inter crush Bayern... ...why, of course there are Predyx markets on it

@remindme in 11 days

14 sats \ 8 replies \ @Coinsreporter OP 17 Apr

Welcome welcome! Yes there are markets on it and the strategy as I mentioned is still on. (Maybe a little less % now.)

20 sats \ 7 replies \ @denlillaapan 17 Apr

where is the yield coming from?

What's with the probability sum for all four higher than 100...?

92 sats \ 6 replies \ @Coinsreporter OP 17 Apr

where is the yield coming from?

It's a multi option market so the yield comes from the disqualified teams. As you can see there that all disqualified teams still have some positive rate, however very low. But all of them add up to the yield for the qualified teams.

Yes, there will only be one winner but right now even if you bet on all four semifinalist teams, you'll end up winning on your total investment.