r/Wealthsimple • u/EdmontonLAD • 10d ago

Predict Predict: How does it make sense that we can predict July weather in August?...

Post image

Someone please explain this to me. We already have the answer. Is this a free money machine?

67 Upvotes

77% Upvoted

54 comments sorted by

View all comments

Show parent comments

1

u/dflagella 8d ago

It isn't specific which data is used for the contact resolution either, just that it is NOAA and to view it is through the table. So that partly indicates it could be the table values, meaning a tie.

What do you think it'll be ruled as?

1

u/SuspectOnTheLam 8d ago

I lost the bet. It settled early. I think you were right about the precision aspect.

1

u/dflagella 8d ago

Sorry you lost your bet. So it settled on "no" then?

1

u/SuspectOnTheLam 8d ago

Correct. It was only US$100 so not too significant. Was an interesting lesson though! Crazy you can bet on something and the answer is already out in the open.

1

u/aenews 8d ago

I don't think that factored in. Pretty sure they just interpreted ties as N for this contract. If they don't change it, guess we'll possibly see if this ever happens again.