The Average Price of Gas Per Gallon Above $4 -Betmoose.com

[luie1177]

Category:
Economy

Picture:


Description - 500 Character Limit
Per http://www.gasbuddy.com/, the average price per gallon in the United States will be above $4.00 before August 1st. If at any point between the start of the bet and August 1st the price hits $4.00 or more, the bet will resolve as YES. If the price of gasoline does not reach $4.00 before August 1st, the bet will resolve as NO.

Decision Logic
http://data.bls.gov/timeseries/LNS14000000
Per http://www.gasbuddy.com/, "Yes" if the average price per gallon in the United States will be above $4.00 before August 1st. If at any point between the start of the bet and August 1st the price hits $4.00 or more, the bet will resolve as YES. If the price of gasoline does not reach $4.00 before August 1st, the bet will resolve as NO.
Charts can be seen here:
http://www.gasbuddy.com/gb_retail_price_chart.aspx?time=3

Explain in DETAIL your judgment criteria - 500 Character Limit
an example of this type of contract can be found here. https://www.betmoose.com/bet/the-average-price-of-gas-per-gallon-above-4-218

Betting Deadline
July 9, 2016

Deadline Date
July 9, 2016

Deadline Time *These selectors use your time zone. This may be different than the one the event takes place in. Outcome Date
1:00pm

Outcome Determined Date
Aug 1, 2016


Outcome Time
6.05am

Tags

BET TYPE
Parimutuel Fixed Odds Classic Bet Multi-Option Bet