The Industry Standard - The Gap Between A Bet's Closing and Settlement Wil Grow Past 11 Days - Comments

Hi Jack, regarding the OOXML

Eric Hill812251 — Sat, 08 Mar 2008 13:53:00 -0800

Hi Jack, regarding the OOXML prediction, the way it was written stated, "The Standard will not make a judgment until an official announcement by the ISO," which, from what I can tell, could be as late as March 29th. We can't judge that prediction prematurely, or we'll get burned by the community (even if the prediction seems like a foregone conclusion, and the original closing date expired). More fresh predictions will be up shortly.

The Gap Between A Bet's Closing and Settlement Wil Grow Past 11 Days

Jack Powers — Sat, 08 Mar 2008 09:46:00 -0800

It's as long as 10 days, now -- the gap between a bet's closing and the settlement of the S-proceeds. A growing number of closed bets remain unprocessed, and many bet closing times are so far in the future -- two or three quarters away -- that gratification is not longer so instantaneous. (SXSWi bets may juice things up a bit.)

The prediction is that at least one bet will remain unsettled 11 days after it "closed."