The Autumn 2016 tournament is starting next month and so is the betting event! Finally we get another shot at beating zoom.
Betting will work the same way as last time, but if you are new to it please take the time to read this post.
Prize
There is a $50 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. 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 viewing 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. You start with 1500 points. Where to enter your bets: http://i.imgur.com/84cIjd2.png but on your own personal sheet of course.
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.
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.
The system may or may not favour upsets
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, 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.
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Don't hesitate to ask any questions in this thread, and I welcome any feedback with open arms. If you think I should do something differently please do mention it, even small things! Also, if something seems out of the ordinary or doesn't seem to be working like it should, I would like to hear that as well.
Below is a link to last Winter's results. Zoom AKA Zoi is the man to beat yet again. He's now the winner of 2 consecutive betting events, which is impressive considering the luck factor.
https://docs.google.com/spreadsheets/d/ ... =247843266
Happy gambling, and good luck to all*!
*... except zoom, the bastard clearly doesn't need it.
My AoE3 
My AoE3 
