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Bet on German Train Delays

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151–160 of 212 posts

Re: Bet on German Train Delays

#151
post #119

Earlier quoted context omitted.

That's not how banks work and hasn't been for decades.

What is a deposit if it's not a loan from you to the bank?

Nothing. It's just a number in an account. It's what we call money basically.

Banks don't profit from keeping your deposits, they profit from running the money supply which empowers them to create new money which they tax or, in other words, loans on which they charge interest.

Go and try to withdraw something tangible with intrinsic value from a bank and you'll see they don't owe you anything at all. The most you'll get from them is paper, but even then you'll find it withdraw all your money in paper.

I just opened an account for you in my own bank, in fact. You have one million credits. You are free to send and receive credits from anybody else with an account (which is nobody, unfortunately). I owe you nothing.

Re: Bet on German Train Delays

#152
post #115

Earlier quoted context omitted.

SpaceX or rockets Generally, Telecom in Germany, flights in Europe, train transport in Japan and Italy.

Allowing private competition is generally good, but converting an existing state monopoly to a private corporation is generally bad.

> Allowing private competition is generally good,

Except when they quickly build cartels. See internet in Germany.

Re: Bet on German Train Delays

#153

Idea for using the betting/data or other statistics about potential train delay: One gets back 50% if reaching the destination is delayed by more than 2h. Schedule the journey such that this is probable, making the journey 50% cheaper. Potentially with being able to define where one should be stuck waiting for the next train connected with sight seeing opportunities (such as the nice quarter near the Frankfurt main t…

In 2019 there was a talk about data mining the DB arrival data [1] (yes, this problem is nothing new). One of the takeaways was that on some connections you can actually buy a "Sparticket" (cheaper, but only valid for a specific train), but get it upgraded to a "Flexticket" (more expensive, can take any train on the route) for free. This works because a delay of more than X minutes removes the specific train requirement and some routes are nearly always delayed by at least that threshold.

[1] https://media.ccc.de/v/36c3-10652-bahnmining_-_punktlichkeit... (German)

Re: Bet on German Train Delays

#154

Earlier quoted context omitted.

Because there is no other railway infrastructure company. They are looking for people they already employ.

What do you mean? How can they look hire people if they already employ them?

Exactly my point.

Re: Bet on German Train Delays

#155
post #27

Earlier quoted context omitted.

I am pretty sure that they know about the delays. A nice thing about the Deutsche Bahn is that they exist . It's not the case in every country in the world. Sure, they can improve, but it seems possible. The French SNCF has improved a lot in the last decade, for instance.

> A nice thing about the Deutsche Bahn is that they exist. It's not the case in every country in the world. EU does not have a train monopoly. There are other train companies in Germany (FlixTrain, OBB, BRB...). And operators from other countries can also operate there, even French SNCF! DB is blocking slots on rail, that could be used by other operators. And they are not going to change because it is Germany.

All operators run on DB infrastructure.

I recently experienced this with CD from Karlovy Vary to Berlin. It was snowing that day and inside of the Czech Republic I was enjoying the scenic view of the Egerland without any delays.

But as soon as we pulled into Germany, the train came to a stop - problems with the rail security infrastructure, nothing the train operator has any influence on.

We eventually arrived in Berlin with +1h delay.

Re: Bet on German Train Delays

#156

Earlier quoted context omitted.

> A nice thing about the Deutsche Bahn is that they exist. It's not the case in every country in the world. EU does not have a train monopoly. There are other train companies in Germany (FlixTrain, OBB, BRB...). And operators from other countries can also operate there, even French SNCF! DB is blocking slots on rail, that could be used by other operators. And they are not going to change because it is Germany.

All operators run on DB infrastructure. I recently experienced this with CD from Karlovy Vary to Berlin. It was snowing that day and inside of the Czech Republic I was enjoying the scenic view of the Egerland without any delays. But as soon as we pulled into Germany, the train came to a stop - problems with the rail security infrastructure, nothing the train operator has any influence on. We eventually arrived in Ber…

> All operators run on DB infrastructure.

Rails, buildings and train stations are in separate company (DB InfraGO), owned by DB.

But DB has no monopoly on trains in Germany, any company can run trains there.

Re: Bet on German Train Delays

#157
post #27

Earlier quoted context omitted.

I am pretty sure that they know about the delays. A nice thing about the Deutsche Bahn is that they exist . It's not the case in every country in the world. Sure, they can improve, but it seems possible. The French SNCF has improved a lot in the last decade, for instance.

> A nice thing about the Deutsche Bahn is that they exist. It's not the case in every country in the world. EU does not have a train monopoly. There are other train companies in Germany (FlixTrain, OBB, BRB...). And operators from other countries can also operate there, even French SNCF! DB is blocking slots on rail, that could be used by other operators. And they are not going to change because it is Germany.

My opinion is that trains are a natural monopoly, they should belong to the government.

Fine if some trains go through it (e.g. a TGV between Paris and Berlin).

Re: Bet on German Train Delays

#158

Oh man, det er virkelig rigtigt sjovt!!! :-D "Jurisdiction notice For legal reasons, all BahnBet users, their devices, and their emotional baggage are hereby classified as legal residents of Schleswig-Holstein, the only German state where gambling is fully permitted. This is non-negotiable. By creating an account, you have moved to Schleswig-Holstein. Your new postal code is 24103. You now speak rudimentary Danish."

Kamalåso

Reference: https://youtu.be/ykj3Kpm3O0g

Re: Bet on German Train Delays

#159
post #66

Earlier quoted context omitted.

German trains have very much to complain about, but honestly, their customer facing IT is pretty good. I've not had to deal with PDF tickets nor printed tickets in years. The website and app work well, in my experience. It's all pretty sleek and modern, too. It's the one area they do a good job in, to be honest.

>their customer facing IT is pretty good What? The app is infamous for just "forgetting" tickets and when you get caught you HAVE to pay a fine and no they will not accept screenshots. You will win in court but have fun paying for everything in advance.

> What? The app is infamous for just "forgetting" tickets

Citation needed. I've never heard of this being an issue (certainly not an "infamous" one) and almost everyone I know constantly travels by train and uses the app regularly. Maybe you're mixing things up with Deutschlandticket apps by regional transport associations, but that's not DB's fault.

Tickets get hidden from the default view once they're expired, but that's to be expected and you can press the prominent "Previous trips" button to see them.

Re: Bet on German Train Delays

#160

Oh man, det er virkelig rigtigt sjovt!!! :-D "Jurisdiction notice For legal reasons, all BahnBet users, their devices, and their emotional baggage are hereby classified as legal residents of Schleswig-Holstein, the only German state where gambling is fully permitted. This is non-negotiable. By creating an account, you have moved to Schleswig-Holstein. Your new postal code is 24103. You now speak rudimentary Danish."

The copy on the site really is quite funny :D https://bahn.bet/about
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