Yeah you’re not doing smart contracts here.
The way I envisioned it was to grab bookmaker odds for some popular bets and post here as notes. For example a note of:
“Alonso to win - 2/1”
Anyone who wants that bet zaps whatever amount on that note and locks in a bet at the stated odds. All the notes are backed up / saved, winners calculated and paid out at the end of the race.
You could easily run an open book here with global Sats betting. You’d need to trust the bookie of course and there’s a chance of being rugged but I wasn’t thinking about replacing Betfair, just some fun and games on nostr and another usecase to prove out
stacksatsio / StackSats.IO
npub10jn…vcrd
2023-03-19 04:56:13
in reply to nevent1q…anh2
Author Public Key
npub10jnx6stxk9h4fgtgdqv3hgwx8p4fwe3y73357wykmxm8gz3c3j3sjlvcrdSeen on
wss://relay.noswhere.comPublished at
2023-03-19 04:56:13Event JSON
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"created_at": 1679198173,
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"content": "Yeah you’re not doing smart contracts here.\n\nThe way I envisioned it was to grab bookmaker odds for some popular bets and post here as notes. For example a note of:\n\n“Alonso to win - 2/1”\n\nAnyone who wants that bet zaps whatever amount on that note and locks in a bet at the stated odds. All the notes are backed up / saved, winners calculated and paid out at the end of the race.\n\nYou could easily run an open book here with global Sats betting. You’d need to trust the bookie of course and there’s a chance of being rugged but I wasn’t thinking about replacing Betfair, just some fun and games on nostr and another usecase to prove out",
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}