gwern comments on Buy Insurance -- Bet Against Yourself - Less Wrong

29 Post author: MBlume 26 November 2010 04:48AM

You are viewing a comment permalink. View the original post to see all comments and the full post content.

Comments (68)

You are viewing a single comment's thread.

Comment author: gwern 26 November 2010 05:51:46PM *  5 points [-]

For all these reasons, gentle readers, I urge you to wire some money into an offshore account, log into intrade, find some outcome that would make you miserable, and bet heavily on it.

Terrible advice, BTW - too much could go wrong. (When I tried to make a bank transfer over SWIFT, my institution laughed at me and told me Intrade's supplied information was wrong in some inscrutable way.)

Just snail-mail them a personal check.

(Checks are easy, if slow; this is why I was able to profit $25 off Prop 19's failure.)

Comment author: listic 26 November 2010 11:03:29PM *  0 points [-]

Aren't checks a US thing? In some countries it can be impractical to even cash out a check.

It's a pity that their supplied information is wrong, is there other way?

Comment author: gwern 26 November 2010 11:54:13PM 1 point [-]

It's a pity that their supplied information is wrong, is there other way?

They have a somewhat involved way of accepting credit/debit card (involves you mailing or faxing bills or something, IIRC), and I think they also take money orders & cashier's checks. But personal check seemed the easiest method for me, all in all.

Comment author: TobyBartels 26 November 2010 11:23:34PM 0 points [-]

Cheques aren't only in the U.S., but they do seem to be rare in most of Europe any more. However, as long as your bank is willing to make a cashier's cheque for you, then it looks like Intrade can use it.