by kublikhan » Sat 10 Dec 2016, 20:39:54
I'm definitely playing this year. But I am waiting until we get closer to the deadline before putting in my estimates.
Until then I can list the side bet I made with shortonoil. If 2017 average WTI price is higher than 2016 Average price I win. If 2017 is lower shortonoil wins.
$this->bbcode_second_pass_quote('shortonoil', '')$this->bbcode_second_pass_quote('kublikhan', '')$this->bbcode_second_pass_quote('shortonoil', 'I')f anyone is brave enough I'll give 5 to 1 odds in favor of the projection. That still leaves a very good spread on my side. $250 limit. We can handle the wager through PayPal.
I'll take that wager. I'll even go up to your limit of $250. So the bet is:
If average 2016 price of oil is lower than average 2017, I win and you pay me $1250 via paypal.
If average 2016 price of oil is higher than average 2017, you win and I pay you $250 via paypal.
Is this correct?
Yearly average WTI as reported by the EIA to be specific. Agreed and you are on!