Thanks...I am interested in CRIS and WSEX betting exchange sites..I dont understand how the shares and everything works exactly...I think it would be good to have for in running bets....Are these exchanges any good or are they a waste of time...Can someone explain how these operate??? Thanks..Petey JR.:digit:
WSEX Futures Markets let you buy or sell teams or contestants during the course of a season, tournament, or game. The price will fluctuate between $0 and $100. Simply click on the price you want to buy or sell at, and select how many contracts you want at that price.
Note that you can sell a team short even if you don’t own any contracts.
There are two types of Futures Markets: 1-Pay and 4-Pay. In a 1-Pay, the winner is worth $100 and all others $0. In a 4-Pay, the winner is worth $100, the runner up $50, and third and fourth places $25.
Last year’s World Series would have settled like this, for example:
<TABLE><TBODY><TR><TD>Florida</TD><TD>$100</TD></TR><TR><TD>New York</TD><TD>$50</TD></TR><TR><TD>Boston</TD><TD>$25</TD></TR><TR><TD>Chicago</TD><TD>$25</TD></TR><TR><TD>All Others</TD><TD>$0</TD></TR></TBODY></TABLE>
Note that you can sell a team short even if you don’t own any contracts.
There are two types of Futures Markets: 1-Pay and 4-Pay. In a 1-Pay, the winner is worth $100 and all others $0. In a 4-Pay, the winner is worth $100, the runner up $50, and third and fourth places $25.
Last year’s World Series would have settled like this, for example:
<TABLE><TBODY><TR><TD>Florida</TD><TD>$100</TD></TR><TR><TD>New York</TD><TD>$50</TD></TR><TR><TD>Boston</TD><TD>$25</TD></TR><TR><TD>Chicago</TD><TD>$25</TD></TR><TR><TD>All Others</TD><TD>$0</TD></TR></TBODY></TABLE>
