Free Betting Competition $6000 in Prizes Sponsor: Betking.io (Rules Thread)

Personal Message

This is the Personal Message we would like participants to use:

Code:

Betting Championship betking.io/sports-leaderboard

As you can see in this post, using this message will reduce the minimum odds requirement of the rollover from 1.5 to 1.3, and can be combined with the Signature and Avatar for more advantages.

Avatar

These are the available Avatars:

Using an Avatar gives participants the option to receive their Daily Challenge Prizes as "Bonus Betting Balance" instead of "Free Bets".

Signatures

And finally, here are the signatures. As explained above, using these signatures during the competition will reduce the Weekly Prizes' rollover requirements quite a bit (and will offer even more advantages when combined with the Avatar and Personal Message), so you might want to give them a shot. Wink

Newbie and Junior Members

Code:

BETKING | Bitcoin Sports, Casino and Dice

BETKING | Bitcoin Sports, Casino and Dice

Members

Code:

[url=http://betking.io/?ref=btctalk]BETKING[/url] | [url=http://betking.io/?ref=btctalk]Bitcoin Sports[/url] | [url=http://betking.io/?ref=btctalk]Bitcoin Casino[/url] | [url=http://betking.io/?ref=btctalk]Bitcoin Dice[/url]

BETKING | Bitcoin Sports | Bitcoin Casino | Bitcoin Dice

Full Members

Code:

[url=http://betking.io/?ref=btctalk][font=Arial][b][color=black]BET[color=#EE1B22]KING[/url] | [url=http://betking.io/?ref=btctalk][font=Arial][b][color=black]Bitcoin[color=#EE1B22] Sports[/url] | [url=http://betking.io/?ref=btctalk][font=Arial][b][color=black]Bitcoin[color=#EE1B22] Casino[/url] | [url=http://betking.io/?ref=btctalk][font=Arial][b][color=black]Bitcoin[color=#EE1B22] Dice[/url]

BETKING | Bitcoin Sports | Bitcoin Casino | Bitcoin Dice

Senior Members

Code:

[size=29pt][url=http://betking.io/?ref=btctalk][font=Arial][b][color=black]BET[color=#EE1B22]KING[/url] | [url=http://betking.io/?ref=btctalk][font=Arial][b][color=black]Bitcoin[color=#EE1B22] Sports[/url] | [url=http://betking.io/?ref=btctalk][font=Arial][b][color=black]Bitcoin[color=#EE1B22] Casino[/url] | [url=http://betking.io/?ref=btctalk][font=Arial][b][color=black]Bitcoin[color=#EE1B22] Dice[/url][/size]

BETKING | Bitcoin Sports | Bitcoin Casino | Bitcoin Dice

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[/color][color=#4c0000]█[/color][color=#95282b]█[/color][color=transparent]██████████████████[/color][/size][/center][/td][/tr][/table][/td][td][size=26pt][url=http://betking.io/?ref=btctalk][font=Arial][b][color=#ddcc00]B[color=#ccbb00]E[color=#bbaa00]T[color=#EE1B22]KING[/b][/url][/td] [td][size=24pt] | [/td][td][table][tr][td][url=http://betking.io/?ref=btctalk][font=Arial][b][size=6pt][color=black]Bitcoin[color=#EE1B22] Sports[/url][/td][/tr][tr][td][url=http://betking.io/?ref=btctalk][font=Arial][b][size=6pt][color=black]Bitcoin[color=#EE1B22] Casino[/url][/td][/tr][tr][td][url=http://betking.io/?ref=btctalk][font=Arial][b][size=6pt][color=black]Bitcoin[color=#EE1B22] Dice[/url][/td][/tr][/table][/td][/tr][/table]

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u9y42

legendary

Activity: 2562

Merit: 1071

Monthly Contest results for the first edition: https://bitcointalksearch.org/topic/m.46662392.

u9y42

legendary

Activity: 2562

Merit: 1071

Weekly Contest results for the first edition: https://bitcointalksearch.org/topic/m.46662313.

u9y42

legendary

Activity: 2562

Merit: 1071

Daily Challenge results for the first edition: https://bitcointalksearch.org/topic/m.46662275.

u9y42

legendary

Activity: 2562

Merit: 1071

This post will be divided in the following sub topics

- Normal Point System
- Bonus Point System

Normal Point System
- When registration closes, we will divide the total number of participants by 2. Let's call that number X.
- We will then award daily points based on that number (X). (e.g. if we have 24 Participants, we will award 12 participants with points)
- Each day we will sort participants by their Daily ROI%, and award them points from the highest Daily ROI%, to the Xth lowest Daily ROI%.
- In case of ties we will use Global Average odds in order to solve the tie (player with highest average odds will win).

- A player needs to make at least 1 bet per day in order to receive points on that given day. [very important]
- Our Daily Betting time Frame has 24h and starts each day at 00h UTC.
- Only Bets that settle on that given day, will be counted for the minimum bet requirement of that given day. [very important]

For example:
- Player A ranks first on that day with 20% Daily ROI and gets 12 points;
- Player B ranks second with 19% Daily ROI and gets 11 points;
- We will keep doing this, until we get player 12th that gets 1 point;

Bonus Point System
- We will also award some bonus points, still based on their Daily ROI%.
- That bonus will be equal to that player's Daily ROI% divided by 2, and can never exceed the max points that player would get with the normal system.
- Bonus points are only given to users with positive Daily ROI%.
- A player can only receive Bonus Points, if he qualified for normal points as well.

For example (Still awarding 12 points to the first 12 players, after sorting them by Daily ROI%):
- Player A ranks first with 30% Daily ROI.
- 30/2 = 15, but since the max allowed points from the normal system is 12, he only gets 12 bonus points instead of 15. So he would get a total 12 + 12 bonus = 24 points.

- Player B ranks second with 5% Daily ROI.
- 5/2 = 2.5. Since he is allowed to get 11 points for ranking second, he can receive the total 2.5 bonus points. So he would get a total 11 + 2.5 bonus = 13.5 points.

Why is this system better than just using global ROI%?
Check our reasons here

u9y42

legendary

Activity: 2562

Merit: 1071

This post is divided in the following Sub Topics

1. Registration Process
2. Betting Rules (how to make valid bets)
3. Side Notes

1. Registration Process
1.1 Create one or up to three accounts at Betking.io (our sponsor) if you don't already have them
1.2 One account is needed for each entry you would like to use (see Rule 1.6 about Multi Entry).
1.3 Make a post in our "Registration Thread", informing us that you will be joining our competition, and provide us with your Betking.io Username

1.4 Minimum bankroll $50 (Bitcoin equivalent).
1.5 There is no need to make the $50 deposit. You can participate as long as you are able to make valid bets for this competition (Check Point 2. "Betting Rules", for more information on Valid Bets).

1.6 Each player can register up to 3 entries for this competition (Multi Entry).
1.7 Each entry will be treated as an unique account, meaning that all rules apply (e.g. number of bets required to qualify for prizes, etc).
1.8 You can compete for prizes with all three entries at the same time (meaning possible multiple prize wins on both Monthly and Weekly formats).

2. Betting Rules (how to make valid bets)
2.1 All Bets must be made from the Betking.io account provided during the registration for this competition. Bets not made this way will not count for the competition.

2.2 Bets need to be made with your own funds. Bets made with free bets, or other bonuses will not count as a valid bet.

2.3 For the purpose of this competition the max bet stake is capped at 5% of your current bankroll.
2.4 For the purpose of this competition the minimum bet stake is 1% of current bankroll. All bets below this amount will not count for the competition.

Note: Please understand that every bet made, above or bellow these values, will of course be fully paid in your account, but they will only affect the competition leaderboard as if they were made with 5% of current bankroll, or will have no effects at all, if they were made bellow 1% of current bankroll.

2.5 A minimum of 80, 60 or 30 (depending on your bankroll option) bet slips must be made during the competition to qualify for prizes.
If you make less you will not qualify for prizes.

2.6 You cannot have "duplicate" bets even if they are made at different odds. If you do so, we will only count the first one.

3. Side Notes
3.1 These rules may suffer changes at any moment. If that happens everyone will be informed.

3.2 This competition will be monitored by me and u9y42, with the help of Betking.io

3.3 A leaderboard for the competition will be created and will be available in Betking.io

3.4 We reserve the right to disqualify users trying to abuse this competition in any way.

u9y42

legendary

Activity: 2562

Merit: 1071

Sig/Avatar/Personal Message Incentives

Quote

- We will offer some incentives for those users that choose actively promote the competition in their Signature or Avatar or Personal Message, or any combination of these options, during the competition outside of games and rounds.

- There are no minimum post requirements. You just need to be normally active in the gambling discussion section.

- If we consider you are not being active enough, we will issue a warning by private message, and give you some time to adjust.

- Resources are available HERE

Personal message Incentive
Lower the odds requirement to 1.3

Avatar Incentive
Players can choose to receive their Daily Challenge Prizes in the form of "Bonus Betting Balance" instead of "Free Bets".
This means they will get their betting stake refunded after betting, but will need to bet 3 times the prize amount.

Signature Incentive
The Weekly Prizes rollover restrictions are lowered into betting the prize value 2 times instead of 3 times.

All three resources
All the previous effects for Daily and Weekly prizes, plus no restrictions to the Monthly prizes

Please note that all these effects are cumulative, but you need to use each one to get each effect.
Here are some examples:
- If a Player only uses signature, he will only affect the Weekly Prizes restrictions (so betting restrictions would remain @1.5);
- If he uses personal message and signature, he will also get the effect of betting @1.3 instead of 1.5 plus the effect of betting the prize value of the Weekly Prizes only 2 times instead of 3.

u9y42

legendary

Activity: 2562

Merit: 1071

Restrictions and Rollover Requirements

Restrictions
- We need that at least half of our registered entries complete the minimum required valid bets for their bankroll option (80, 60 or 30 bets) during the competition, in order for Full Prizes to be paid.

- This number should not exceed 50 (so if we have more than 100 registered entries, we will only need 50 of those to make the minimum number of valid bets in order for full prizes to be paid)

- If that number is not reached, Betking.io reserves the right to Cut the prizes in Half.

- Each player needs to place a minimum of 80, 60 or 30 (depending on his bankroll option) bet slips during the competition to qualify for prizes [very important]

- Prizes are credited manually, and should usually be credited within 48h.

Rollover Requirements
- The rollover requirements described bellow can be lowered/changed, if participants use our "Sig/Avatar/Personal Message Incentives".

Daily Challenge Prizes Rollover requirements
- Please read "Sig/Avatar/Personal Message Incentives" to learn how to lower/change these requirements
- Daily Prizes will be paid in the form of Free Bets (see definition bellow)
- Free bets needs to be placed @1.5 or over

Weekly Prizes Rollover requirements
- Please read "Sig/Avatar/Personal Message Incentives" to learn how to lower/change these requirements
- Weekly Prizes will be paid in the form of Bonus Betting Balance (see definition bellow)
- A player will need to bet 3 times the prize value before he can withdraw funds from his account
- Only bets placed @1.5 or above will count for this rollover requirement

Monthly Prizes Rollover requirements
- Please read "Sig/Avatar/Personal Message Incentives" to learn how to lower/change these requirements
- Monthly Prizes will be paid in the form of Bonus Betting Balance (see definition bellow)
- A player will need to bet 1 time the prize value before he can withdraw funds from his account
- Only bets placed @1.5 or above will count for this rollover requirement

Prizes Definitions
Free Bets (definition)
- The player will get a credit on his account.
- He will be able make one bet with the entire credit at once but he will only get his winnings, and the betting stake will not be refunded.
Example: A user gets a $10 Free Bet. He bets $10 @1.5 and wins. He will get a payout of $5 from that Free Bet, instead of $15 (the $10 betting stake was not refunded in his winnings).
- The player will only be able to use the free bet in pre-match single bets (so no parlays or live events)

Bonus Betting Balance (definition)
- The player will get a credit on his account.
- He can manage this credit anyway he wants in order to place normal bets.
- He will get the stake refunded on every bet, so these prizes will be treated as a normal betting balance.
- The player will only be allowed to withdraw from his account once he clears the prize rollover though.

u9y42

legendary

Activity: 2562

Merit: 1071

Prize Distribution - $6000 per month in Prizes!

We would like to start by saying that you have three different ways of winning prizes in our competition.
You will be competing at the same time in all these three formats.
In order to do that, you just need to register and follow our competition rules while placing your bets. It's that simple!

NEW Prize/Bankroll Options
Depending on the bankroll you decide to use, you can Double or Triple these values!
You can find more information on this post

Daily Challenges (Paid Every day during an entire month!)
- $30 Free Bet per Daily Challenge (Triple Prize Option)
- $20 Free Bet per Daily Challenge (Double Prize Option)
- $10 Free Bet per Daily Challenge (Standard Prize Option)

Side Note:
These are our daily prizes. Win our Daily Betting Challenge and get your Prize! Every Single Day, during our competition!
See our rollover requirements bellow.

Weekly Format (Paid Each Week, so 4 different chances during a month to win them!)

Triple_Prizes_Option

Double_Prizes_Option

Standard_Prizes_Option

1st:	$450
2nd:	$270
3rd:	$120
4th:	$90
5th:	$75
6th:	$60
7th:	$45

1st:	$300
2nd:	$180
3rd:	$80
4th:	$60
5th:	$50
6th:	$40
7th:	$30

1st:	$150
2nd:	$90
3rd:	$40
4th:	$30
5th:	$25
6th:	$20
7th:	$15

Side Note: Up to $1100 per week in prizes (or $4440 per month).
These prizes are paid weekly, so you will have 4 different chances per month to win them.
You can of course win them multiple times, if you qualify for prizes every week!
See our rollover requirements bellow.

Monthly Format (Paid at the end of the month. The cherry on top of the cake for those that show good results during the entire competition!)

Triple_Prizes_Option

Double_Prizes_Option

Standard_Prizes_Option

1st:	$360
2nd:	$210
3rd:	$150

1st:	$240
2nd:	$140
3rd:	$100

1st:	$120
2nd:	$70
3rd:	$50

Side Note: Seem small compared to our weekly prizes, but don't forget that if you qualified for these ones, you most likely won some of our weekly and daily prizes, so consider this as an added prize to reward those top participants!
See our rollover requirements bellow.

u9y42

legendary

Activity: 2562

Merit: 1071

Confirmation from BetKing.io, as the sponsors of this Competition

Quote from: BetKing.io on August 01, 2018, 03:02:02 PM

Hi guys
Just popping in to confirm we are sponsoring this competition and to say thanks to FrueGreads and u9y42 for helping us with it.

While we have been around Bitcoin gambling since 2013 our sportsbook is relatively new.
So if there's any games or markets you can't find then let us know and we will do our best to add them.
If you have any other questions then you can pm me on here or use the support form on betking.io.

Thanks for registering and good luck.

u9y42

legendary

Activity: 2562

Merit: 1071

We will be keeping the complete list of rules, as well as other important information related to the Free Betting Competition in this thread.

Welcome to the Free Betting Competition!

We will be rewarding participants with up to $6000, distributed between Daily, Weekly and Monthly Prizes. All you need to do to participate is register (registration is quick and completely free), and then place 1 or more valid bets per day during the competition.

Each day we will award points to the players with the most daily ROI. The better you do compared to the other players, the more points you will get and the more prizes you will win. You can even participate in the competition with up to 3 entries at the same time, which you can use to try out different tactics and different starting bankrolls (higher starting bankrolls give you double or even triple the normal prizes).

Registration is now open!
You can register HERE

$6000 per month in Prizes! (Registration is Free!!!)
Check our Prize Distribution HERE

How does it work?

It's quite simple actually:

Quote

- You need to read our instructions and register in our Registration Thread (HERE)

- Make valid bets while you follow our Competition Rules (HERE)

- It's Free to Enter. There are no registration fees, and the prizes are completely supported by Betking.io

- Valid bets are made with your own money though, but you already make bets anyway, so this competition adds amazing value to your bets!

- Follow our important links listed bellow and read all the information available.

- It's a lot of information but we are here to help, and our prizes are worth it!

Important links
Discussion Thread
News and updates are posted in the Discussion Thread. Feel free to ask questions, make suggestions, and discuss all aspects of the competition there.

Registration Thread
Follow this link and register for our competition!

Restrictions and Rollover requirements
Our prizes have some restrictions. The good news: the restrictions are small, and you will always be able to make bets with our prizes

Sig/Avatar/Personal Message Incentives
You can greatly reduce those restrictions and rollover requirements if you follow our sig incentives. They are not mandatory, and you can participate without wearing any of these resources.

Rules
List of our Rules, so you can understand how the competition works and how to make a valid bet for this contest.

Point System Explained
Explanation on how you will be able to make points in this competition, in order to try to win our prizes.

Daily Challenges Information
Weekly Competition Information
Monthly Competition Information
You can find special rules for each Competition format in these three links, as well as information about past winners.

Live Leaderboard (will be available once the competition starts)
See how our players are doing, and you can even follow their tips!

List of Participants
Your name will be added to this list if you register for our competition. If you registered and your name is not here, please let us know.

Bitcoin Forum>Economy>Marketplace>Gambling>Gambling discussion

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Topic: Free Betting Competition $6000 in Prizes Sponsor: Betking.io (Rules Thread) (Read 307 times)