Posts Tagged "the long now"

Long Bets: An Arena for Competitive, Accountable Predictions

If another member disagrees with your prediction, they can turn around and challenge it – turning your prediction into a bet. The minimum amount of a bet is $200 (required from both parties, though the original predictor pays $50 less due to the original fee). All money is paid at the time the bet is made, and is held in a long-term investment portfolio until the bet is resolved.

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