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Because the Australia and New Zealand flags are so very similar, we've opted to use one of the contenders for a new NZ flag. They got that wrong, didn't they?

Australia City Petrol Price Prediction [PP2]

How does this prediction generate profit?

Here's how you can win and arrive at the final outcome to achieve one of the prizes.

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HOW IT WORKS

Predict the price of unleaded 91 petrol for Saturday, in eight major cities, and you can win shares of the prize pool, even if your prediction is only close to the actual price.

  • Correctly predict the lowest price in city locations (shown in Blue) to earn up to 240 shares of the PP2 Money Pool.

  • Predict the actual lowest price being sold in ONE city and earn 30 shares.

  • Predict the lowest price for two cities and earn 60 shares.

  • The more accurate predictions you make, the more shares you win.

WHAT COUNTS AS A CORRECT PREDICTION?

A prediction is considered correct if it matches the actual price to one decimal place.

If you correctly predict the price for all 8 city locations, you'll gain 240 shares of the PP2 Money Pool.

See the next section down for an example.

Estimated at
9:1 (UK)
900 (USA)

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Australia Petrol Price Prediction [PP2]

How does this prediction's shares work?

Prices of petrol in the prediction are in Australian dollars, however prize money is always in US dollars.

This prediction carries 240 shares (max).

This prediction, PP2 (Australia City Petrol Price Prediction), asks for a prediction on the lowest current price of a litre of unleaded 91 petrol in each of 8 major Australian cities: Brisbane, Sydney, Canberra, Melbourne, Hobart, Adelaide, Perth, and Darwin.

Each 'Gain Share Qualifier' is calculated separately, but only the highest one counts. They are not added together—just the highest one is used.

GAIN SHARES QUALIFIER 1:

Predict the actual price in any one city, accurate to 1 decimal place, and receive 30 shares for each correct prediction.
 

  • ACTUAL PRICE: 150.3 cents

  • PREDICTED PRICE: 150.3 cents
    You gain 30 shares for this correct prediction.

     

If you predict all eight city prices accurately (to 1 decimal place), you would gain a total of 240 shares (30 x 8 = 240 shares).

 

GAIN SHARES QUALIFIER 2:

Predict the price in any one city, accurate within 0.1, and receive
7 shares for each prediction that meets this accuracy.

If you predict all eight city prices accurately (to 0.1 decimal place), you would gain a total of 56 shares (7 x 8 = 56 shares).

 

  • ACTUAL PRICE: 150.3 cents

  • PREDICTED PRICE: 150.2 cents
    You gain 7 shares for this prediction (accurate to within 0.1).

     

  • ACTUAL PRICE: 150.3 cents

  • PREDICTED PRICE: 150.4 cents
    You gain 7 shares for this prediction (accurate to within 0.1).

     

 

GAIN SHARES QUALIFIER 3:

Predict the price in any one city, accurate within 0.2, and receive
1 share for each prediction that meets this accuracy.

If you predict all eight city prices accurately (to 0.2 decimal place), you would gain a total of 8 shares (1 x 8 = 8 shares).
 

  • ACTUAL PRICE: 150.3 cents

  • PREDICTED PRICE: 150.1 cents
    You gain 1 share for this prediction (accurate to within 0.2).

     

  • ACTUAL PRICE: 150.3 cents

  • PREDICTED PRICE: 150.5 cents
    You gain 1 share for this prediction (accurate to within 0.2).

Woman Exploring Sydney

Example of how this could work
Note: The prices shown are for illustration purposes only and do not reflect actual prices


 

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GAIN SHARES QUALIFIER 1: (AUD used)

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GAIN SHARES QUALIFIER 2:(AUD used)

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EXAMPLE: TOTAL of ALL 3 Gain Shares Qualifiers (AUD)

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GAIN SHARES QUALIFIER 3: (AUD used)

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These are the LOWEST prices of Unleaded 91 Petrol in each city for the specified week,
Week ending Saturday 28th Sept 2024

The prices shown are not current.

GasOdds uses;
PetrolSpy,com.au

FuelPrice.io,
Drive.com.au, and other sites.

You are free to use the internet to obtain your predictions.

CITY
PRICE
DATE
Brisbane
154.7
22nd Sept 24
Sydney
153.9
24th Sept 24
Canberra
168.7
22nd Sept 24
Melbourne
158.9
22nd Sept 24
Hobart
162.7
22nd Sept 24
Adelaide
153.9
22nd Sept 24
Perth
150.9
24th Sept 24
Darwin
159.5
22nd Sept 24
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All predictions must be submitted by midnight this coming Saturday, with the cut-off time set at midnight on the Saturday night. 
PST (Pacific Standard Time). Any submissions received after this deadline will not be accepted.

See Start & End Times - click here!

This is the date and time, in California
(Pacific Standard Time)

This is your local date and time;

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