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RE: LeoThread 2023-07-28 14:56

Here's a interesting idea.. selling tokens to fund a sports betting club.. example I just opened a Cesears account.. I could sell half or whatever percentage and we bet together.

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It would have to be a payout situation like I have on HiveHustlers or something where you would have a winning pool that would be distributed to the token holders. Could be done though. That’s if you keep it on Hive

Yeah in this instance Dave would be the trusted entity since dealing with relatively small amounts (he has a trusted rep on Hive). But something to consider in the future once the Spk smart contracts are live.

Not that I don’t think Dave isn’t a good dude, but yeah it would have to be small circles. Just saying if you wanted something like that to scale then it would have to be done in a trustless way.

Yeah for a full blown betting platform, that would have to be built using smart contracts. Agreed there.

Yeah like on a small scale, he could create a Hive account and call it bettingpool or something like that so that at least people could track the inflow and outflows on the blockchain.

I want to keep it on $HIVE... $HBD actually

I could hold their HBD in savings at collect 20%..

In facts keep it on threads

There just isn’t a good trustless way to do it on Hive due to the lack of smart contract functionality, whereas a DAO on Polygon can act as a multisig so it would act as security for the funds and would all be released by a vote.

Really? It couldn't be done with a HE token?

Everything on HE is sold against SWAP.HIVE unless you start a diesel pool for it, but that’s not what you want for this purpose. You can’t use SWAP.HBD in the Token Find contract because you didn’t issue it.

that’s why I have had to do all of that kind of stuff in chains like Polygon or BSC. HE is limited in its abilities and is expensive to use with the BEE costs.

That is a great idea. Worthy of exploration. Would have to make you the trusted entity since, as logical said, no smart contracts. But in the amounts we are likely talking, not a big deal.

Why not just create a new account? Make it need 2 signatures to withdraw.. or something like that

Worth laying out a plan for it and we can promote it. See if we can get a couple hundred dollars in betting going.

What is the focus? NFL?

Really I'm open for being on any game that Cesear offers.. MLB, NBA, NHL... your choice with your percentage.. your

Can I sell one of my kidneys for #hbd?

Yup... just find a rich alcholic

On Hive.

How much #hbd does @tokenizedsociety have? He is on path to destroy a few organs with booze.

By the way, do I really need a spleen?

Yea I will definitely need replacements soon

Seriously, I think #nfl action could get a lot of interested. Some hardcore fans here (@tokenizedsociety and @jongolson) and they might throw 10 or 20 HBD at it for fun.

I am not a gambler but I would do the same.

I take action on NFL anyway.. so that would continue.

I think that will garner some followers and piggyback.

Would it be a pool to bet as a unit? How do you see it working?

So I'm starting with $30.. those could feasibly be HBD.. so I put 30 HBD in the pool or 30 tokens you put 20 HBD. I take those and deposit your HBD and issue a token.. idk something like that.

a pool could be interesting also.. set parameters of 10% of the bankroll can be wagered. Pick 1 or 2 games as a concensus pay out after Superbowl if limited to NFL

Love this idea. Sort of did it with poker. When I shared winnings with upvoters. Although didn't fully tokenie it. Maybe I should try that idea again. Thought about doing it with horse racing too. Best with the bets, and hope they go well!

A lot of different ways to get creative with this.

Like @davedickeyyall's idea of incorporating $HBD into it. That is a great use case.