TradeWX

Joined
Mar 30, 2008
Messages
1,456
Location
Norman, OK
Came across a site while surfing today. Looks interesting, like a fanduel for weather? https://www.tradewx.com/

Not sure I fully understand the business model, but it seems like gambling on weather, specifically hurricane landfalls.

What are your thoughts?
 
It's AccuWeather so clearly the goal is to get 90 day landfall forecasts? :)

Can't see how this could EVER work for anyone. If I had a facility I needed protection for, and I bought coverage, a dinky little Cat1 could form and move my way and miss by 80 miles (I lose) and then a week later a Cat 5 comes and wipes out my site (I lose again.) This is pure gambling and I have NO idea how it's legal - let alone why AccuWx is running it.
 
Back
Top