Guess Now Update II
The totals for December have been added to my Guess Now account, and as things stand right now, I have $37.70 in my account. I can now cash-out any time. You can see my statement below. I joined in August, and usually spend 15-20 minutes answering questions two or three days a week.
The questions I always try to answer first are sports (which team will win this game, etc.) and financials (will the Dow be up or down on this date, price of gold up or down, etc.). My strategy for these questions is simple, and seems to work alright.
For the sports, I go to ESPN and look at the NFL, NHL, NBA and MLB standings. For the questions that ask which team will win a particular game, I choose the team with the better record (unless I have a strong gut feeling otherwise). If they have the same record, I go with the home team. Pretty simple, and seems to work well. My accuracy on these questions is better than 50%.
For the financials, my strategy is simpler. Most questions ask if a particular stock exchange, commodity price, currency or specific stock will go up, down or remain unchanged. I always choose down. Every single time.
For every question, you choose a confidence level for your answer. The more confident you are, the more points you get if you're correct. I always choose the highest. If I'm wrong, it usually means no points. But I seem to do pretty well with this strategy.
Go sign up and give it a whirl. It's fun watching the money add up!
