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Maplesilverbug's Betting Emporium
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Thread: Maplesilverbug's Betting Emporium

  1. #1
    Join Date
    Apr 2009
    Posts
    5,003

    Default Maplesilverbug's Betting Emporium

    For all those who want to put their money where their mouth is.


    Wager #1: Silver will be $100/oz in 2010.
    House bets: NO
    HOUSE WINS!

    Wager #2: Silver will be $300/oz in 2012.
    House bets: NO

    Wager #3: Silver/Gold Ratio will reach 15:1 in 2012.
    House bets: NO

    Wager #4: Silver/Gold Ratio will reach 1:1.
    House bets: NEVER*
    *(a mutual agreement of the time span when "never" will actually occur will be determined)

    Wager #5: Silver will be $500/oz by next Thanksgiving [11/25/10].
    House bets: NO
    HOUSE WINS!

    Wager #6: Silver will be over $25 by Christmas [12/25/09], and over $50 by Feb 2010.
    House bets: NO
    HOUSE WINS!




    NOTES:

    House Stake: entire physical silver holdings* and primary residential real-estate (ie. house).

    Bettor Stake: entire physical silver holdings*.

    *(at time of signing legal documentation)


    As I only have one (1) stack and one (1) house, I think it only fair gaming practice that I take only one (1) bettor.
    The bettor can stake on any number of House Wagers -- just one, or a combination of more than one (in a combo, however, ALL wagers must win in order to win the entire bet.)

    PM me only if you have SERIOUS INTENT to fulfill the ante.
    Legal documents will be drawn up upon both parties agreement to enter the wager.

    ALL WAGERS CLOSED AT MIDNIGHT DECEMBER 31, 2009.

    Good luck!
    Last edited by maplesilverbug; 18th December 2010 at 21:45.
    Caedite eos.

  2. #2
    Join Date
    Apr 2009
    Posts
    5,003

    Default Fail #1

    FAILURE #1: UmassSteve


    10th October 2009, 11:41

    Quote Originally Posted by UmassSteve View Post
    While I agree with maple that the ratio will probably not lower that dramatically by 2012...but to say that gold and silver will never reach parity might be a ballsy bet. ...So you know what, maple? I'll go long with you on your bet.

    Today [12th October 2009], 20:32

    Quote Originally Posted by UmassSteve
    Quote Originally Posted by maplesilverbug
    Are you still on for the bet?
    Mm. It was a point of debate, not in seriousness. Actually carrying through with a debate entails exchanging all sorts of personal information.

    And being the good lil' cub scout that I am I've been told I shouldn't give out that information to all the bad people on the internet.

    Please do NOT contact me if you are a weak cowardly milquetoast in the mold of Steve who reneges on his worthless word.

    SERIOUS BETTORS ONLY!
    Caedite eos.

  3. #3
    Join Date
    Apr 2009
    Posts
    5,003

    Default New Wager!

    *NEW*
    Wager #5: Silver will be $500/oz by next Thanksgiving [Nov 25 ,2010].
    House bets: NO


    Please see initial post for all active wagers.
    Caedite eos.

  4. #4
    Join Date
    Jun 2008
    Posts
    2,316

    Default

    Quote Originally Posted by maplesilverbug View Post
    For all those who want to put their money where their mouth is.


    Wager #1: Silver will be $100/oz in 2010.
    House bets: NO

    Wager #2: Silver will be $300/oz in 2012.
    House bets: NO

    Wager #3: Silver/Gold Ratio will reach 15:1 in 2012.
    House bets: NO

    Wager #4: Silver/Gold Ratio will reach 1:1.
    House bets: NEVER*
    *(a mutual agreement of the time span when "never" will actually occur will be determined)

    *NEW*
    Wager #5: Silver will be $500/oz by next Thanksgiving [Nov 25 ,2010].
    House bets: NO


    NOTES:

    House Stake: entire physical silver holdings* and primary residential real-estate (ie. house).

    Bettor Stake: entire physical silver holdings*.

    *(at time of signing legal documentation)


    As I only have one (1) stack and one (1) house, I think it only fair gaming practice that I take only one (1) bettor.
    The bettor can stake on any number of House Wagers -- just one, or a combination of more than one (in a combo, however, ALL wagers must win in order to win the entire bet.)

    PM me only if you have SERIOUS INTENT to fulfill the ante.
    Legal documents will be drawn up upon both parties agreement to enter the wager.

    ALL WAGERS CLOSED AT MIDNIGHT DECEMBER 31, 2009.

    Good luck!
    What are the odds on the individual bets?
    Plus you have 666 posts currently and I want you to go to 667 posts.

  5. #5
    Join Date
    Apr 2009
    Posts
    384

    Default

    Does This fall under the rules and regulations for gambling in Canada

    Canadian Gambling Law
    The Canadian gambling history is closely linked to the Criminal Code of Canada. In 1892 there was a complete ban on gambling in the country. Since then the ban has been lifted in the country, gradually. Legalized gambling in Canada was first started as an exemption to the Criminal Code for charitable purposes. Such gambling was done on a small scale and led up to the amendment of Criminal Code in 1969. This gave the provincial and the federal governments the opportunity to use lotteries to fund events like the Montreal Olympics in 1976.

    Casino Laws: Casino style gaming is legal and available in all the provinces except in New Brunswick, Prince Edward Island, and Newfoundland & Labrador. Provincial electronic gaming policy in Canada makes a distinction between slot machines and VLTs (Video Lottery Terminals). While slot machines are available in all the provinces in casinos and race tracks except in New Brunswick, Prince Edward Island, and Newfoundland & Labrador, VLTs are available in all the provinces except Ontario and British Columbia. Online casinos: Internet Gambling is not featured among the legalized gambling offerings in Canada.

    Non poker, lotteries: By 1970, Quebec had established two Crown corporations, one for supervising horse racing and the other for provincial lotteries. This was more than welcome as Quebec had long wanted liberalization in the legal status of gambling. Soon, the other provinces followed as lotteries conducted by provincial governments rapidly spread across Canada in the early 1970s. In 1971, Manitoba established its own lottery and Alberta and Saskatchewan did likewise in 1974. British Columbia also created its lottery in 1974 and subsequently collaborated with Manitoba, Saskatchewan and Alberta in establishing the Western Canadian Lottery Foundation. In the 20 years since the 1985 amendment, legal gambling in Canada has become a big business.

    Please insure that gambling is legal in all betters countries
    before accepting bets from online gamblers

    http://www.liebertonline.com/doi/abs...glr.1998.2.163

  6. #6
    Join Date
    May 2009
    Posts
    68

    Default

    Of course, to make this fair, all parties will need to have a neutral third party to hold the wager until a winner can be announced...


    I volunteer to hold the wager untill such time....

  7. #7
    Join Date
    Apr 2009
    Posts
    459

    Default I'll help

    Quote Originally Posted by marinakorp View Post
    Of course, to make this fair, all parties will need to have a neutral third party to hold the wager until a winner can be announced...


    I volunteer to hold the wager untill such time....
    You hold the stack I'll hold the Real Estate
    "I know where Daddy keeps his Silver Shhhhhh"(I loves my precious hehehe)

  8. #8
    Join Date
    Apr 2009
    Posts
    5,003

    Default

    *NEW*
    Wager #6: Silver will be over $25 by Christmas [12/25/09], and over $50 by Feb 2010.
    House bets: NO


    Please see initial post for all active wagers.
    Caedite eos.

  9. #9
    Join Date
    Jun 2008
    Posts
    3,654

    Default

    Quote Originally Posted by maplesilverbug View Post
    *NEW*

    Wager #6: Silver will be over $25 by Christmas [12/25/09], and over $50 by Feb 2010.
    House bets: NO

    Please see initial post for all active wagers.
    Ah, jeeze. We have a few down days here, and bonehead is dancing on his JP Morgan desk.

    Hope your not a Yankee Fan, too

  10. #10
    Join Date
    Apr 2009
    Posts
    5,003

    Default Win #1

    Since no one on this silver junkie board had the spine to put even one single ounce of their beloved and cherished silver on the line -- wow, talk about severe lack of faith in your own belief system! -- I thought I would jump in a few days early and claim WIN #1.

    As per Wager #6: Silver will be over $25 by Christmas [12/25/09], and over $50 by Feb 2010.
    House bets: NO

    HOUSE WINS!

    Am I ever a silver genius.
    Five more myths/faery dreams to go...



    Quote Originally Posted by maplesilverbug View Post
    For all those who want to put their money where their mouth is.


    Wager #1: Silver will be $100/oz in 2010.
    House bets: NO

    Wager #2: Silver will be $300/oz in 2012.
    House bets: NO

    Wager #3: Silver/Gold Ratio will reach 15:1 in 2012.
    House bets: NO

    Wager #4: Silver/Gold Ratio will reach 1:1.
    House bets: NEVER

    Wager #5: Silver will be $500/oz by next Thanksgiving [11/25/10].
    House bets: NO

    Wager #6: Silver will be over $25 by Christmas [12/25/09], and over $50 by Feb 2010.
    House bets: NO
    Caedite eos.

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