T2T Betting sign ups, info and rules
- QueenOfdestiny
- Retired Contributor
- Posts: 2139
- Joined: Aug 9, 2016
- ESO: QueenOfdestiny
T2T Betting sign ups, info and rules
Ladies and gentlemen
We decided to make a small betting for the great T2T tournament!
If you have any question just pm @guyshir or @Goodspeed.
Happy gambling, and good luck to all!
Prize
There is a $25 prize up for grabs reserved from the tournament prize pool. Winner takes all! The winner is the player with the most betting points after the finals of the tournament.
Participation is free.
How to sign up
Simply leave a reply in this thread, or send me a message. You will receive a PM with further info from guyshir. If you're reading this after the tournament started, you can still sign up.
How the system works
After you sign up, you'll receive a message from guyshir with a link to your own personal betting sheet (example) where you can enter your bets and a link to the stats sheet which contains the standings as well as everyone else's bets. The system is hosted in the cloud (Google docs) and updates automatically as you place your bets. Where to enter your bets: http://i.imgur.com/84cIjd2.png but on your own personal sheet of course.
Betting updates will be posted in a discussion thread which I will post later, with all betters tagged in it. So make sure you keep an eye on your notifications during the event! Alternatively you can keep an eye on your betting sheet, which will always show all of the open betting matches and when they are scheduled to be played.
You start with 1500 points.
Which matches to bet on will be decided by me. There will be at least 5 matches to bet on in every round up to the round of 16, and after that you will be able to bet on every match. I will send a message to all participants if there is a new match to bet on. This information can be found in your player sheet too, of course.
Note that if a match is played early in the round and there is still some time, I may select another match in that same round to bet on so keep an eye out for that.
The system rewards participation, as there is a bit of inflation each match which only benefits people who participate (and win). Typically the point total at the end of the event will be around 150% of the point total at the start of the event.
How the odds work
If the odds against player A winning are 5.00 (also read as 5 to 1) that means you get 5 times the amount of points you bet in payout if player A wins. So if you had bet 1000 on player A winning, you would get 5000 points in payout which is a 4000 point profit.
The odds update real time based on your and other players' bets. The odds are frozen right before the match starts and payouts will be based on those final odds, not based on the odds at the time you placed your bet.
If many people bet on a result, you will get less points in payout if it happens. This means you are not betting against a bookmaker, you are betting against the other betters and if a lot of them think player A will win but you think player B is underrated, it could be a worthwhile strategy to bet a bunch of points on player B.
In short, if you bet on a result which the community thinks is unlikely and it happens, you are rich! If you bet on a likely result and it happens, you also win but you are less rich. The more risk you take the higher your potential reward, but of course many well-placed safe bets can also add up to big profit. Develop your own betting strategy accordingly.
Rules
1. There is a maximum of 1000 points per specific result (like Player A winning 3-0) and 10000 on the results "Player X winning". The system will complain if you try to put more points on results than allowed.
2. At the bottom of your player sheet is your balance (points available to bet with). If this number reaches less than zero as a result of you placing bets, none of your bets will be counted so make sure it stays above or equal to zero.
3. You can't bet on your own matches except on you winning and/or you winning x-0.
4. You are allowed to donate points to other players, but only if they have zero points left. "Malicious donations" (under 50 points) are not allowed.[/quote]
We decided to make a small betting for the great T2T tournament!
If you have any question just pm @guyshir or @Goodspeed.
Happy gambling, and good luck to all!
Prize
There is a $25 prize up for grabs reserved from the tournament prize pool. Winner takes all! The winner is the player with the most betting points after the finals of the tournament.
Participation is free.
How to sign up
Simply leave a reply in this thread, or send me a message. You will receive a PM with further info from guyshir. If you're reading this after the tournament started, you can still sign up.
How the system works
After you sign up, you'll receive a message from guyshir with a link to your own personal betting sheet (example) where you can enter your bets and a link to the stats sheet which contains the standings as well as everyone else's bets. The system is hosted in the cloud (Google docs) and updates automatically as you place your bets. Where to enter your bets: http://i.imgur.com/84cIjd2.png but on your own personal sheet of course.
Betting updates will be posted in a discussion thread which I will post later, with all betters tagged in it. So make sure you keep an eye on your notifications during the event! Alternatively you can keep an eye on your betting sheet, which will always show all of the open betting matches and when they are scheduled to be played.
You start with 1500 points.
Which matches to bet on will be decided by me. There will be at least 5 matches to bet on in every round up to the round of 16, and after that you will be able to bet on every match. I will send a message to all participants if there is a new match to bet on. This information can be found in your player sheet too, of course.
Note that if a match is played early in the round and there is still some time, I may select another match in that same round to bet on so keep an eye out for that.
The system rewards participation, as there is a bit of inflation each match which only benefits people who participate (and win). Typically the point total at the end of the event will be around 150% of the point total at the start of the event.
How the odds work
If the odds against player A winning are 5.00 (also read as 5 to 1) that means you get 5 times the amount of points you bet in payout if player A wins. So if you had bet 1000 on player A winning, you would get 5000 points in payout which is a 4000 point profit.
The odds update real time based on your and other players' bets. The odds are frozen right before the match starts and payouts will be based on those final odds, not based on the odds at the time you placed your bet.
If many people bet on a result, you will get less points in payout if it happens. This means you are not betting against a bookmaker, you are betting against the other betters and if a lot of them think player A will win but you think player B is underrated, it could be a worthwhile strategy to bet a bunch of points on player B.
In short, if you bet on a result which the community thinks is unlikely and it happens, you are rich! If you bet on a likely result and it happens, you also win but you are less rich. The more risk you take the higher your potential reward, but of course many well-placed safe bets can also add up to big profit. Develop your own betting strategy accordingly.
Rules
1. There is a maximum of 1000 points per specific result (like Player A winning 3-0) and 10000 on the results "Player X winning". The system will complain if you try to put more points on results than allowed.
2. At the bottom of your player sheet is your balance (points available to bet with). If this number reaches less than zero as a result of you placing bets, none of your bets will be counted so make sure it stays above or equal to zero.
3. You can't bet on your own matches except on you winning and/or you winning x-0.
4. You are allowed to donate points to other players, but only if they have zero points left. "Malicious donations" (under 50 points) are not allowed.[/quote]
shit juice
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- Crossbow
- Posts: 34
- Joined: Aug 31, 2017
- ESO: jaythenoob
Re: T2T Betting sign ups, info and rules
let the gamble begin
- dicktator_
- Howdah
- Posts: 1565
- Joined: Nov 14, 2015
- ESO: Conquerer999
Re: T2T Betting sign ups, info and rules
I'm in.
steniothejonjoe wrote:I can micro better than 99% of the player base and that's 100% objective
-
- Pro Player
- Posts: 8049
- Joined: May 4, 2015
- ESO: PrinceofBabu
Re: T2T Betting sign ups, info and rules
put me in coach, time to win lots of money betting on lukas
Re: T2T Betting sign ups, info and rules
Time2Gamble
Re: T2T Betting sign ups, info and rules
sign me up
- QueenOfdestiny
- Retired Contributor
- Posts: 2139
- Joined: Aug 9, 2016
- ESO: QueenOfdestiny
-
- Skirmisher
- Posts: 138
- Joined: Apr 29, 2016
Re: T2T Betting sign ups, info and rules
Sign me aswell plz :)
-
- Ninja
- Posts: 14364
- Joined: Mar 26, 2015
Re: T2T Betting sign ups, info and rules
Can the PR minimum be waved for me?
Re: T2T Betting sign ups, info and rules
sign me up pls
-
- Pro Player
- Posts: 10277
- Joined: Jun 6, 2015
- Location: Paris
- GameRanger ID: 5529322
Re: T2T Betting sign ups, info and rules
Sign me up whoever bitches run this tourney
LoOk_tOm wrote:I have something in particular against Kaisar (GERMANY NOOB mercenary LAMME FOREVER) And the other people (noobs) like suck kaiser ... just this ..
- sebnan12
- Jaeger
- Posts: 2311
- Joined: Nov 15, 2015
- ESO: Mongobillione
- Location: Switzerland
Re: T2T Betting sign ups, info and rules
sing em pu pleashe
"Why are you trying to lecture me on my own language, no wonder you people shit in the open street."- Riotcoke
''man he's slow rolling him more than a fish on a royal flush'' - Garja
NEED MORE XP
''man he's slow rolling him more than a fish on a royal flush'' - Garja
NEED MORE XP
- QueenOfdestiny
- Retired Contributor
- Posts: 2139
- Joined: Aug 9, 2016
- ESO: QueenOfdestiny
Re: T2T Betting sign ups, info and rules
UPDATE:
Thanks to lukas!
He dontaed for this even 5$
so we have a price from 25$
Thanks to lukas!
He dontaed for this even 5$
so we have a price from 25$
shit juice
- _NiceKING_
- Retired Contributor
- Posts: 1795
- Joined: Sep 16, 2015
- ESO: _NiceKING_
- GameRanger ID: 9999999
- Clan: Xbox
- princeofcarthage
- Retired Contributor
- Posts: 8861
- Joined: Aug 28, 2015
- Location: Milky Way!
Re: T2T Betting sign ups, info and rules
damnit you are turning me into a gambler
Fine line to something great is a strange change.
Re: T2T Betting sign ups, info and rules
Sign me up pls
- mohammednihal96
- Crossbow
- Posts: 4
- Joined: Mar 16, 2016
- ESO: mohammednihal96
- Location: India
Re: T2T Betting sign ups, info and rules
sign me up
- Queen_of_War
- Crossbow
- Posts: 7
- Joined: Feb 1, 2018
- ESO: Queen_of_War
Re: T2T Betting sign ups, info and rules
I want to join this. Sign me up plz. :)
Re: T2T Betting sign ups, info and rules
a new queen. Welcome
- martinspjuth
- Dragoon
- Posts: 245
- Joined: Sep 18, 2015
- ESO: martinspjuth
Re: T2T Betting sign ups, info and rules
I'm in. Sign me up pls.
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