User avatar
Netherlands Goodspeed
Retired Contributor
Posts: 7497

07 Apr 2019, 11:28

Image
>> Click here and post "in" to join the betting for the
New World Championship 2019! <<

Friends,

'Tis time. Actually it has been, but I forget things sometimes, who am I kidding, all the time. Suddenly the ro32 is upon us, and I wouldn't want to leave all you passionate gamblers (this includes myself) hanging. Of course there's a betting event.

Last time the winner was @princeofkabul, and it was quite a journey. He was screwed out of a huge win once by the betting admin, who made a questionable decision about cancelling a match, and then a second time by himself, accidentally betting on the wrong player. But he still managed to come out on top, which begs the question: How many points would he have had if he'd won both those previous times, too? Probably a record amount. The 55k he ended up with was already pretty impressive. He left second place (@umeu) in the dust, with a whopping 20k point lead.

Of course, even though @zoom didn't win last time, we are kidding ourselves if we don't consider him the favorite. With 3 betting victories under his belt, his superiority at betting remains undisputed and copying his every move remains the best strategy. Another better to keep our eyes on is @somppukunkku, who has now won 2 betting events.

Most of you know the drill. Those who don't, please take the time to read the rest of this post, or at the very least the rules.

Betting begins with the round of 32 of this event. That's tomorrow! Bets will be opened sometime this week.
Happy gambling and may fortune be with you.
______________________________________________________________________________________________________________________________

Prize
There is a $50 prize up for grabs. 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. 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 me 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 results and updates will be posted in the discussion thread, 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 AND if you have more points than the average amount per player (1500 to start). "Malicious donations" (under 50 points) are not allowed.
User avatar
Spain Snuden
Jaeger
Posts: 3036
ESO: Snuden
Location: x666 HQ

07 Apr 2019, 11:31

I'm in!
36: This herd, was not herded correctly towards his town center
User avatar
Bavaria j_t_kirk
Lancer
Posts: 599
ESO: j_t_kirk
Location: Bavaria

07 Apr 2019, 11:32

sign me up, pls
Image
User avatar
Armenia Sargsyan
Jaeger
Donator 01
Posts: 2067
ESO: Sargsyan
Location: Armenia
GameRanger ID: 2106182

07 Apr 2019, 11:34

In
Australia Kawapasaka
Dragoon
Donator 06
Posts: 467
ESO: skirmisher1380
Location: Wales (new, south)

07 Apr 2019, 11:54

In!
User avatar
Italy Garja
ESOC Maps Team
Donator 02
Posts: 7561
ESO: Garja

07 Apr 2019, 11:57

sign me up
User avatar
Turkey HUMMAN
Lancer
Posts: 740
ESO: HUMMAN

07 Apr 2019, 12:00

in
Image
User avatar
Germany yemshi
Jaeger
Posts: 2276
ESO: yemshi
Location: Germany

07 Apr 2019, 12:00

In!
United States of America YungPinch
Crossbow
Posts: 7
ESO: Alextheking61

07 Apr 2019, 12:03

In
User avatar
Canada Mitoe
ESOC Media Team
EWTNWC LAN Top 8
Posts: 4103
ESO: Mitoe
GameRanger ID: 346407

07 Apr 2019, 12:12

In
No Flag umeu
Gendarme
Posts: 9999

07 Apr 2019, 12:30

Goodspeed wrote:Friends,

'Tis time. Actually it has been, but I forget things sometimes, who am I kidding, all the time. Suddenly the ro32 is upon us, and I wouldn't want to leave all you passionate gamblers (this includes myself) hanging. Of course there's a betting event.

Last time the winner was @princeofkabul, and it was quite a journey. He was screwed out of a huge win once by the betting admin, who made a questionable decision about cancelling a match, and then a second time by himself, accidentally betting on the wrong player. But he still managed to come out on top, which begs the question: How many points would he have had if he won both those previous times, too? Probably a record amount. The 55k he ended up with was already pretty impressive. He left second place (@umeu) in the dust, with a whopping 20k point lead.

Of course, even though @zoom didn't win last time, we are kidding ourselves if we don't consider him the favorite. With 3 betting victories under his belt, his superiority at betting remains undisputed and copying his every move remains the best strategy. Another better to keep our eyes on is @somppukunkku, who has now won 2 betting events.

Most of you know the drill. Those who don't, please take the time to read the rest of this post, or at the very least the rules.

Betting begins with the round of 32 of this event. That's tomorrow! Bets will be opened sometime this week.
Happy gambling and may fortune be with you.
______________________________________________________________________________________________________________________________

Prize
There is a $50 prize up for grabs. 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. 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 me 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 results and updates will be posted in the discussion thread, 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 AND if you have more points than the average amount per player (1500 to start). "Malicious donations" (under 50 points) are not allowed.


Pft, imagine if i hadnt given that scrub a headstart.

In.
User avatar
France Kynesie
Dragoon
EWT
Posts: 371
ESO: kynesie

07 Apr 2019, 12:35

In
Finland somppukunkku
Jaeger
Donator 02
Posts: 2541

07 Apr 2019, 12:38

But he still managed to come out on top, which begs the question: How many points would he have had if he won both those previous times, too?

*fixed*: But he still managed to come out on top, which begs the question: How many points would he have had if he not been given every single betting tip by Somali? :-DDD

I'm in.
Co-Founder of Somali Kabuli Gaming
Homo management SKG
User avatar
United States of America dicktator_
Howdah
EWT
Posts: 1032
ESO: Conquerer999

07 Apr 2019, 13:01

I’m in
steniothejonjoe wrote:I can micro better than 99% of the player base and that's 100% objective
User avatar
Netherlands edeholland
ESOC Community Team
Donator 01
Posts: 3939
ESO: edeholland
Location: the cloud
GameRanger ID: 4053888

07 Apr 2019, 13:03

In!
Image
User avatar
Canada Warno
Dragoon
Donator 07
Posts: 315
ESO: Warno

07 Apr 2019, 13:15

In
United States of America charlemango
Musketeer
Posts: 75
ESO: 2ndLastKnight

07 Apr 2019, 13:20

Meeeeeeeee
User avatar
Germany Lukas_L99
Howdah
Donator 01
Posts: 1409
ESO: Lukas_L99
Location: Frankfurt

07 Apr 2019, 13:22

sign me up plz
User avatar
Singapore Thrar
ESOC Dev Team
Posts: 62
ESO: Thrar

07 Apr 2019, 13:47

In.
User avatar
No Flag idriss24
Crossbow
Posts: 6
ESO: Idriss24

07 Apr 2019, 13:52

in
User avatar
Norway oxaloacetate
Dragoon
Posts: 257

07 Apr 2019, 13:53

in
We watched the tragedy unfold
We did as we were told
We bought and sold
It was the greatest show on earth
User avatar
Finland princeofkabul
Howdah
NWC LAN Top 8
Posts: 1878
ESO: Princeofkabul
Location: Sunnyvale trailer park

07 Apr 2019, 14:15

somppukunkku wrote:
But he still managed to come out on top, which begs the question: How many points would he have had if he won both those previous times, too?

*fixed*: But he still managed to come out on top, which begs the question: How many points would he have had if he not been given every single betting tip by Somali? :-DDD

I'm in.


who are you again?

in.
Co-Founder of Somali Kabuli Gaming
Strategical management SKG
User avatar
France bwinner
Howdah
Donator 01
Posts: 1068
ESO: bwinner

07 Apr 2019, 14:17

in
Image
User avatar
Greece BrookG
ESOC Media Team
Posts: 1184
ESO: BrookG
Location: not Amsterdam

07 Apr 2019, 14:18

In.
Correlation doesn't mean causation.
http://www.tylervigen.com/spurious-correlations

"mr.brookg go buy jeans and goto the club with somppuli" - Princeofkabul, July 2018
User avatar
Germany Scroogie
Skirmisher
Posts: 152
ESO: Scroogie
GameRanger ID: 10056919

07 Apr 2019, 15:41

Im in
Stuck at PR20. Pick up lvl10 HC India Sepoy rush = winstreak.

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