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orthonormal comments on New Year's Predictions Thread - Less Wrong
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Considering that the bet includes "not destroying the world", the only fair way to do this type of bet (for money) is for you to give the other party $X now, and for them to give you $Y later if you turn out to be correct.
That's exactly what happened; I gave Eliezer $10, and he will pay me $1000 when I win the bet.