That means the loss of games and all of the betting and brackets that come with them. While weather bets for Denver are unavailable on Bovada, weather enthusiasts — or wannabe weather enthusiasts — can try their hand forecasting against meteorologists and oddsmakers.
Other websites and apps, such as the daily fantasy-style app Weather Battle , also offer different forms of weather betting. Weather Battle allows you to select a handful of American cities — including Denver — and determine, for example, which ones might have the hottest or coldest temperature that day. Those cities alter in price based on climatology, time of year and other factors. At least one Las Vegas insider is skeptical of the level of excitement weather gambling could generate over the long run.
People enjoy the highs and the lows with their friends. Will people bet it? Naturally, being the hard-hitting, investigative journalist he his, Gouker took the oft-trodden bath of rabbit-hole internet diving. And in 20 minutes, he found the thing that makes us laugh, cry and cringe. Weather Battle — hold your hand 3 inches in front of your forehead — is a platform for users to lay down money on the forecast.
Now, unleash that hand. No joke. Someone took the time to create a site on which users attempt to predict the weather in places for money. Weather Battle, like Mike Francesa and daily fantasy sports , just created something never before seen: the science of forecasting the weather.
But wait, it gets better. I'm dying, I am not sure if this is the best or worst thing I've ever seen in this space. Essentially, you choose a weather phenomenon: heat, cold, wind and rain. Then, pick 10 cities of the 40 provided and pray to the weather gods that those 10 cities are hit the hardest by heat, cold, wind or rain.
Put another way: Your couple bucks is contributing toward the misery of others. A weather derivative is used by companies or individuals to hedge against the risk of weather-related losses. The vendor of this financial instrument essentially agrees to bear the risk of weather disasters in return for a payday.
Should no damages occur before such a contract expires, the seller makes a profit. On the flip side, in the event of adverse weather, the buyer cashes in. If no damages occur before the expiration of the contract, the seller will make a profit.
In the case of Weather Battle, if it was so determined to ruin our lives by existing, there should be more to it.
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