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Jerry's Just Trolling's reply to "The Golden Rules for successfully playing the HUBDUB" was just promoted to the most useful! sd and 2 other people think it's one of the best replies.

While there are ways to make $H on both sides of a market, if it is a volatile market (like markets about the DOW, NASDAQ, etc), it is preferable to find a market where you feel confident of the outcome, and place wagers on that choice.

If your net worth is below $H3k, ...

You should not take positions for over $H100. (you're not getting the best returns because you end up moving the market up prior to your purchase.)
You would do much better making multiple $H20 or $H50 even though it may take more work and more time.
You need to shop around for a market where your prediction is below 40%, or preferably lower. (Buy low, sell high, applies here).
You want to avoid long-term predictions. You want your $H to churn, constantly making you money.
You want to cash out your position if it reaches 95% or more, and still has time before settlement. You can put your money back to work.
Avoid markets where your prediction has already hit 95%, even if it will close in a few days. You can make more profit on some other market by that time.
Do not place your wagers when your predictions are at or above 50%. While you may be sure of the outcome, again, your return is not agressive. Take a position when the percentage of your choice is below 40% (preferably less) in order to get a better return. In truth, if you want to grow rapidly, you need to shop around a bit, a take positions where your choice is below 20%. Then, other Hubdubbers who feel the same, will drive your 20% placement up to 50% or better. At this point, you've made 30%+ on your position. If the event is not going to be settled for some time, cash out your position and go shopping again.

sd marked one of InfernalMachine's replies in Hubdub as useful. InfernalMachine replied to the discussion "The Golden Rules for successfully playing the HUBDUB". sd and 2 other people think it's one of the best replies.

Nigel Eccles' reply to "Who voided the question I answered?!" was just promoted to the most useful! sd and 2 other people think it's one of the best replies.

Hi,

We don't actually regulate the questions ourselves, other users do it. You'll notice that each question has a flag button on it which users use to identify a market that for one reason or another is a poor question. Once the question reaches a certain number of flags it is automatically voided.

The reason we put this self-regulation in place was to keep the questions clear and the system fair. Poorly worded questions will only cause frustration for everyone.

In the question mentioned above appears fine but the percentage estimate was way out (50% chance that US attacks Iran in the next month?). If we stopped the system from voiding questions like these them some users could climb the leaderboard through creating and prediction on questions with poor estimates, not through being good predictors.

We know that we need to work hard to make this all clearer and reduce the instances of questions being voided.

Nigel

sd asked a question in Hubdub on March 23, 2008 11:33:

New category

Can I have a new sub-category under the sports category for ICL and IPL questions. There are almost 15 put up every week and that will double by 18th april.

sd replied on March 23, 2008 11:31 to the discussion "The Golden Rules for successfully playing the HUBDUB" in Hubdub:

For any person who wants some fast money -
Gather up $1500 or so and follow (don't bet yet) the Dow ( or any insanely fluctuating stock market) for 4 days. On Friday put your bets in and you are sure to double whatever you invest.*
*conditions apply =)

sd replied on March 21, 2008 21:15 to the idea "Gender issues" in Hubdub:

I'm interested.

sd replied on March 21, 2008 21:00 to the idea "Gender issues" in Hubdub:

you're whole family's on Hubdub ??

sd marked one of InfernalMachine's replies in Hubdub as useful. InfernalMachine replied to the idea "Gender issues".

sd marked one of lady lara's replies in Hubdub as useful. lady lara replied to the idea "Gender issues".

sd marked one of InfernalMachine's replies in Hubdub as useful. InfernalMachine replied to the idea "Gender issues".

sd replied on March 21, 2008 20:09 to the idea "Gender issues" in Hubdub:

I don't know about the gender of many known hubdubbers like - meanderingsearcher , pics4d , fingers_of_fury,historyteacher, rightorwrong etc. so to save these people from humiliation I think we should have something to distinguish a players gender.

sd replied on March 21, 2008 20:04 to the idea "Gender issues" in Hubdub:

How would you feel if I started referring to you as she ?

sd replied on March 21, 2008 13:17 to the idea "Leaderboards: the new solution" in Hubdub:

Finally I'm getting some satisfaction.

sd replied on March 21, 2008 09:09 to the discussion "Leaderboard end-of-quarter changes" in Hubdub:

I am not totally against rescaling but I know that due to problems arising from it a few smart people will get ahead . Even if we think our process is flawless ...the scale down would be like starting afresh and Hubdub would be facing new problems.
If however the scaledown does take place I think that the procedure should be -
1. Freeze everyone's account for 5 hours from 7:00pm PST a.
2. Take out every prediction that a question has.... in order .
3. Turn all predictions to cash.
4. Then rescale the cash and then proportionally invest it back in the respective questions in order.

sd replied on March 21, 2008 08:15 to the discussion "Leaderboard end-of-quarter changes" in Hubdub:

Thats a completely different viewpoint......and I don't like it . If there were 5 bugs in the system in Q1 then there will surely be 5 more again in Q2. So people who took advantage of those early problems will now take advantage of new problems that pop up from time to time . That is an inevitable process ..you can't stop that . If we are to follow your logic then it would mean that everytime a new bug is removed people should be reset .

sd replied on March 20, 2008 22:24 to the discussion "Leaderboard end-of-quarter changes" in Hubdub:

I hope you do realize that this will bring in complications.

sd replied on March 20, 2008 22:03 to the discussion "Leaderboard end-of-quarter changes" in Hubdub:

i'll take that as a four from kasulked....and a 6 from jerry.
so the average is 4

sd replied on March 20, 2008 22:01 to the discussion "Leaderboard end-of-quarter changes" in Hubdub:

if you agree to being scaled down once then it is only practical that you agree to being scaled down every quarter.

sd replied on March 20, 2008 21:42 to the discussion "Leaderboard end-of-quarter changes" in Hubdub:

3,3,5,2 thats an average opinion of 3

sd replied on March 20, 2008 21:18 to the discussion "Leaderboard end-of-quarter changes" in Hubdub:

outside the scope of this debate - no more of this ..i apologize pics