Reddit's new betting feature puts your crystal ball to the test
Reddit wants your help in predicting the future.
The discussion platform announced Wednesday that it's rolling out Prediction Tournaments to all Reddit communities with 10,000 or more members. Similar to a prediction market, which lets players bet real money or cryptocurrency on real-world outcomes, Reddit's Predictions allows users to stake tokens on certain results in moderator-created tournaments.
With each successful prediction winners can gain more tokens, a company blogpost explains, and along with them "status." Participating Redditors are given 1,000 tokens to kick things off at the beginning of a tournament, and, crucially, the tokens are free.
The Predictions feature was tested in at least two popular subreddits, r/tennis and r/cryptocurrency, and as one might expect it involved wagers about bitcoin price movement and the outcomes of tennis matches.
Place your bets.Credit: screenshot: reddit"When a user is correct in their prediction they gain more Tokens based on how much they put in," continues the blog post. "The better a user's predictions skills, the higher they climb on the community Predictions Tournament leaderboard."
There are some restrictions, however. "Predictions can't be about elections or outcomes of elections," explains a moderator help page.
Game, set, match.Credit: Screenshot: redditOnly moderators, or moderator-approved users, can create Prediction Tournaments.
Reddit is not the first platform to attempt a gamification of crowdsourcing, though others like PredictIt have upped the stakes by involving actual money instead of free tokens.
Reddit Prediction Tournaments, should they catch on, could allow for unique polls of interest-focused communities — hopefully providing some larger insight in the process. What do a bunch of lawyers, for example, think will be the outcome of a high-profile trial? Why not run a Prediction Tournament in r/legaladvice and find out?
SEE ALSO: Reddit is selling NFTs, and somehow they're already worth thousands
There is, of course, another slightly more annoying possibility. Prediction Tournaments might spawn the creation of an entirely new kind of internet personality: the poster who claims to always be right, and has the Prediction Tournament tokens to back them up.
(责任编辑:行业动态)
- NASA rover snaps photo of its most daunting challenge yet
- 'Natural' earthquake hits North Korea
- Want to feel old? Shaq and Manute Bol's sons play high school basketball together.
- Xi replies to Kim Jong
- Carbon neutrality law violates basic rights: Constitutional Court
- World's first 18650
- Moon's expansion plan for Gaesong complex requires over $8 bil: analysis
- N. Korea running hydroelectric power plant near Gaeseong
- This frog's slime can destroy flu viruses
- Aricell CEO arrested in first case under industrial accidents law
- Google Play Music will now be the default on all Samsung devices
- [INTERVIEW] 'Dialogue will make sanctions effective' says ruling party leader
- 查漏补缺 以最佳状态迎检
-
The Astounding World of Automata
The growing world of robots and self-driving cars can trace its roots back to early automata. The or ...[详细] -
第二十二届广东种业大会佛山分会场12月5日启幕(创意农业篇)
...[详细] -
Google Play Music will now be the default on all Samsung devices
Google has partnered with Samsung, the world's largest Android smartphone maker, with a special vers ...[详细] -
Marseille win, Troyes relegated in Ligue 1
PARIS:Marseille won and Troyes' relegation fate was sealed in Ligue 1 on Sunday as Rennes paid t ...[详细] -
The first mass-market model train sets were produced in 1891 by German manufacturer Märklin (a compa ...[详细]
-
雅安日报讯14日至16日,市政协人资环委组织相关市政协委员深入到荥经、天全、芦山、宝兴县,实地调研青衣江上游水污染治理情况。市政协副主席卢泽康、市政协秘书长马作祥带队调研。今年,我市启动了城区“一江三 ...[详细]
-
雅安日报讯荥经县人民法院紧密结合“人民法官为人民”主题教育实践活动和“政法干警下基层,创稳定促和谐”活动,将调解工作作为审理案件的首要选择,取得良好效果。在案件办理过程中,法官们始终坚持调解为民便民理 ...[详细]
-
Facebook: Real AR glasses are at least 5 years away
Augmented reality is the talk of the town at F8, but that doesn't mean you'll see the tech any time ...[详细] -
Input devices like keyboards have a key role in the computing and gaming landscape, so the guts of t ...[详细]
-
Gas station converting to EV chargers is the modern feel
In these times, climate change and the effects of a warming planet are top of mind, especially with ...[详细]
- Swifties for Kamala raises over $100,000 in donations for Harris campaign
- NK fires ballistic missile ahead of US
- 高考结束 放下包袱 我们只要快乐
- Tourism in Jeju remains strong despite THAAD woes
- Kamala Harris’ ridiculous problem with the political press.
- S. Korea keeps close tabs on N. Korea's possible provocations
- Rob Gronkowski crashes the White House press briefing to see if Sean Spicer needs any help