Introduction to Augur, an open-source, decentralized betting marketplace

Re:Introduction to Augur, an open-source, decentralized bett... by inputcoffee on Monday August 20, 2018 @11:34AM (#17800787)

Arbitrage opp:

Write a program to take the opposite side of any bet that you can hedge in the public market.

For example: if someone bets against Tesla, and you can take the opposite side, but (more) cheaply offset your risk in the option market.

[ Parent | on HN ]

Re:Introduction to Augur, an open-source, decentralized bett... by toine_toine on Monday August 20, 2018 @11:45AM (#17800874)

The only problem is you don't know what the value of ETH will be 2-3 days in the future.

[ Parent | on HN ]

Re:Introduction to Augur, an open-source, decentralized bett... by somebodythere on Monday August 20, 2018 @12:16PM (#17801186)

You could hedge the value of ETH in fiat markets, or you could wait until Augur supports betting with Dai.

[ Parent | on HN ]

Re:Introduction to Augur, an open-source, decentralized bett... by theptip on Monday August 20, 2018 @12:49PM (#17801499)

How would you hedge the value of ETH? I'm not aware of a way to short it.

[ Parent | on HN ]

Re:Introduction to Augur, an open-source, decentralized bett... by somebodythere on Monday August 20, 2018 @01:19PM (#17801796)

You should be able to do it on BitMEX. Shorting CBOE Bitcoin futures could also get you part way there.

[ Parent | on HN ]

Re:Introduction to Augur, an open-source, decentralized bett... by MusaTheRedGuard on Monday August 20, 2018 @03:07PM (#17802870)

Multiple ways to short ETH, as mentioned by another user. Including on augur itself!

[ Parent | on HN ]

Re:Introduction to Augur, an open-source, decentralized bett... by theptip on Friday August 24, 2018 @12:47PM (#17836064)

Sure... in theory. I'm skeptical that there is going to be anywhere near as much demand for 5x levered exposure to ETH as there is for shorting ETH.

[ Parent | on HN ]