Betting (Gambling) on the Weather $$


	Betting (Gambling) on the Weather $$

juliapatriciaroy

10-17-2007 7:06 PM

508 views

tags:

socialnetworks, gambling, weather

juliapatriciaroy says:

Wow, would be great for restaurants with big patios in the summer. They lose so much money when it rains or is crappy out.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/b4e687ee-352f-4f9f-8227-98101d56208d/EC9A6C70-FDCF-4017-8B29-251C9870F2A7/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://venturebeat.com/2007/10/17/weatherbill-a-site-for-betting-against-bad-weather-gets-125-million/" href="http://venturebeat.com/2007/10/17/weatherbill-a-site-for-betting-against-bad-weather-gets-125-million/" style="font-size: 11px;">venturebeat.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://venturebeat.com/2007/10/17/weatherbill-a-site-for-betting-against-bad-weather-gets-125-million/"><P><A id="u227" title="WeatherBill" href="http://www.weatherbill.com/">WeatherBill</A>, a company that lets you make money by betting on the weather, has raised $12.5 million.</p> <P>The San Francisco-based company sells contracts that essentially let you put money down against bad weather hurting your business, so you can still get paid even if your business itself suffers.</p> <P>You can choose your contract to be for hot, cold, rainy, snowy or dry days or seasons, and customize every specific aspect of your scenario, such as the temperature, precipitation or snow level. Choose a location with all of your weather specifications and how much you hope to earn from the contract, and the site will calculate its cost.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://venturebeat.com/2007/10/17/weatherbill-a-site-for-betting-against-bad-weather-gets-125-million/"><div align="center"><img src="http://content8.clipmarks.com/blog_cache/venturebeat.com/img/EBF0F6B1-9A75-48EB-B41E-4CE7D43B77E5" alt="weatherbill-logo.png" /></div></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/EC9A6C70-FDCF-4017-8B29-251C9870F2A7/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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