Talk:Metabets

I still don't get it.--One 6 October 2005 05:32 (CEST)

I will add examples later hopfully that will help. You could also tell me what it is you do not understand. --Rasmus 6 October 2005 12:14 (CET)

My networth has gone from 120, right down to 50, and now it's worked its way back up to 115...and I have absolutely no idea how. Genius :) --Roy 6 October 2005 13:56 (CEST)

Ahh, okay, I'm beginning to comprehend bits and pieces now. I did what the article suggested, and bought some shares at a really low price (10), and then sold them for higher (50), and made myself a little profit. --Roy 6 October 2005 16:35 (CEST)

Examples would help.

I want to put money on something that I don't think will happen: Probabilty 10%

But I'm still unsure where I should be buying or selling. - mcsporran 7 October 2005 21:36 (CEST)

If you really do not think it is going to happen then you should get your hands on as many negative shares as you can. This you do by selling them at as high a price as you can. Preferably as close to 100 as you can. Then you will have the lowest expences selling it. --Rasmus 7 oct. 2005 21:54 (CET)

Thanks, thats about the best explanation I've seen so far. I'm sure I'm not too thick to figure this out.Hope I do before my funds run dry. --mcsporran 7 October 2005 22:29 (CEST)

Can a profit be made trading negative shares?

I'm a bit confused about whether it is possible to make a profit from negative shares before the bet is judged. If I bought 10 shares at 40% I would have 10 shares and be down $4 (in cash) from where I started. If the market goes up and I sell my 10 shares for 60%, then I end up with 0 shares and up $2 from where I started. Everything makes sense to me with positive shares. Now lets say instead that I found a bet that I'm sure will be judged false. I want to pick up some negative shares, so I sell 10 shares at 60%. This leaves me with -10 shares and down $4 from where I started. If the market moves down, the value of my negaitve shares goes up since it seems more likely that the bet will be judged false. If I don't want to wait for the bet to be judged, is there a way to take my profits and leave? If I simply buy 10 shares at 40%, then I would seem to be left with 0 shares and down $8 from where I started. What am I missing here -- Mark 8 October 2005 06:38 (CEST)