The idea for the upcoming competition
In the last competition Tipster Competition (EURO PROMO) the number of participants is less than 100 and a few percent is not actively making bets
do you not wonder why participants decreased?
I'm also not sure what caused the participants of the competition continues to decline but I think the prize is one of the reasons
So my suggestion to raise the total prize ( just a suggestion )
Did you check out the competition before? Tipster Competition VI the same thing continues to decline
Moreover, it is only one reason not the main reason , can you imagine the competition without a prize?
side competition I agree but I think not many people know it let's look at the next competition if more participants
Thank you for your suggestion. We would love to rise prizes, but to be honest, and although it could help, I don't think it would solve it.
First, our competition with most participants was actually the VI Competition, where we even paid full prizes, so participation was increasing and not decreasing, where the VII Competition was the exception, but still with decent numbers, given the short time for registration. Remember that we were not going to make an event for Euro 2016, but users were asking for it, so we "rushed" a competition.
Also, another reason for saying that raising the prizes would probably not solve the "problem", is because we had bigger prizes on the III Competition, and the number of participants was inferior, compared to the VI Competition.
I would say that "rushing" the competition did not help, and limiting the bets to Euro and Copa America was a "risk" we decided to take, to please our participants. Of course it wasn't a competition "for all", but I would say it still went quite well given the short time we had to prepare it, and we even made the cool side competition, that I also think it went quite well.
Finally we can't really forget that the point of all this is to keep promoting good tipsters on this forum, that's why we came up with the Hall of Fame now, since we are going to the VIII Competition now, so a pattern of good tipsters on this forum is starting to appear, with so familiar faces on top7. On pair with that, we also create an almost risk free experience in sports betting, because of our participation prize.
As I keep saying I think this is an amazing added value to your bets. You get your profit, you get a participation prize, you can get some decent prizes on our side competitions, and you get a shot at our top7 prizes, that are not that bad. 1 BTC is around $670, even with halved prizes is quite a decent sum, when you are only asked to "risk" 100mBTC (again don't forget our participation prize of 70mBTC). Even if we did not offer a participation prize around 70% of your investment, we were still offering the chance of winning 10x your bankroll.
Like I said, we would love to offer better prizes, but right now I don't see it serving the main purposes of this competition, that is promoting the tipsters of this forum, adding value to your bets, and creating a good/safe experience for those that just start betting.
As for the 13% bonus of your bet stake, is the best way we have to reward those that risk more and make higher bets.