top of page

The Official Blog

of SX Bet

Writer's pictureSX Team
Jun 114 min read

Brain Damage Bingo - Week 2

Market open to place bets Monday 4:00 PM ET - Friday 12:00 AM ET


Bets will be graded/settled based on the events that occur Friday 12:00 AM ET - Sunday 11:59 PM ET.

What is Brain Damage Bingo and How Does it Work?


In summary: each bingo card is full of roughly 50/50 events. A bingo occurs when all four events in any of the above 8 lines happen. Users can bet on whether any line will, or will not be a bingo. The eight lines available to bet on are shown in the graphic below:

Bet now: Line #1 | #2 | #3 | #4 | #5 | #6 | #7 | #8


Brain Damage Bingo is like regular bingo with a fun twist. Instead of numbers on each of the squares of a Brain Damage Bingo card, there are real events that either will or will not occur on the weekend (e.g. $WIF is green over the weekend). Instead of everyone having a different bingo card, everyone has the same bingo card, and can bet on any line getting a bingo, or on any line not getting a bingo.


Your goal? Bet on the line(s) you think are likely to get a bingo OR bet against the lines you think will not get a bingo.


FAQ

  • Where can I bet on Brain Damage Bingo?

  • sx.bet/novelty-markets. There are 8 different markets, one for each line marked on the card above.


  • If I bet on "Line 3 Bingo", for example, and 3/4 events in the line happen, will I win my bet?

  • No, in order for a bet on Bingo to win, all four events in the line must occur.


  • What is the timeline used for settlement?

  • You can find the specifics on the source for settlement, and the timeline of which data will be used for each event either below (in this blog post), or here.


  • Can I bet on a line NOT hitting a bingo?

  • Yes, you can bet on a line not hitting bingo in two different ways. 1) Make a bet on "Line ___ not bingo" if there is liquidity available OR make a limit order on "Line ___ not bingo" to offer liquidity on the "bingo" side of the market for someone else to take.


Market Descriptions & Settlement Rules


Bingo Markets General Rules


Bingo markets will be settled according to whether or not all four events in a given line occur or not. If all four events in a line occur, the market corresponding to that line will be settled as “Bingo”, if at least one of the events in a line does not occur, the market will be settled as “No Bingo”.


Individual Event Settlement Rules

Red/Green Weekend Markets (Tokens) - Will these tokens go up or down in price this weekend?

 

Red/Green weekend token markets will be settled according to whether the asset in question is higher or lower at the close of the 1-minute candle on Sunday, June 16th 11:59 PM ET than the open of the 1-minute candle on Friday June 14th at 12:00 AM ET. If the price is higher, the market will settle as Green Weekend, if the price is lower, the market will settle as Red Weekend. Settlement source for each token will be:

 

DOG/USDT Green Weekend: https://www.bitget.com/spot/DOGUSDT

BOME/USDT Green Weekend: :https://www.binance.com/en/trade/BOME_USDT 

 

Red/Green Weekend Markets (NFT Collections) - Will these NFT collections go up or down in price this weekend?

 

Red/Green weekend NFT markets will be settled according to whether the floor price of the collection in question is higher or lower on Sunday, June 16th 11:59 PM ET than on Friday June 14th at 12:00 AM ET. If the price is higher, the market will settle as Green Weekend, if the price is lower, the market will settle as Red Weekend. If no data is available for the exact time, the most recent data will be used. Sources for settlement will be:

 

 

 

Over/Under Trading Volume - Will these tokens do more or less than X amount in trading volume this weekend?

 

Over/Under Trading Volume markets will be settled according to whether the asset in question experiences more or less cumulative trading volume June 14th, 15th, 16th than the amount named in the market. Source for settlement for each asset will be:

 

 

$BTC Over $68.5K - Will BTC be above $68,500 USD Sunday night?

 

The market will be settled according to whether BTC is over $68,500.00 USD at the close of the 1-minute candle at 11:59 PM ET Sunday June 16th.

 

Source for settlement will be: https://www.binance.com/en/trade/BTC_USDT

 

Over/Under Tweets - How many times will these influencers tweet this weekend?

 

Over/Under Tweets markets will be settled according to whether the user in question makes over/under a specific number of posts to X/Twitter between Friday, June 14th 12:00 AM ET and Sunday June 16th 11:59 PM ET. Quote posts and main feed posts will count towards settlement of these markets, reposts and replies will not. Source for settlement for each account will be:

 

@TheRoaringKitty Over 1.5 Tweets: https://x.com/TheRoaringKitty 

@ElonMusk Over 17.5 Tweets: https://x.com/elonmusk 

 

Spain -0.5 (Euro 2024) - Will Spain win their Euro 2024 match against Croatia by 1 or more goals? (June 15th, 2024)

 

This market will be settled according to whether Spain wins their Euro match against Croatia on June 15th, 2024. Source for settlement will be: https://www.uefa.com/euro2024/

 

Mavericks Win Game 4 - Will the Dallas Mavericks win game four of the NBA Finals?

 

This market will be settled according to whether The Dallas Mavericks win game #4 of the NBA Finals against the Boston Celtics. Source for settlement will be: NBA.com

 

Comments

bottom of page