Topic: Sports Betting Contest (Read 531 times)

I still don't know the duration of this game. I wish I had the funds to make the prize pool big enough to prolong the duration of this contest. I just realized that the best games in NBA (playoffs) and soccer (leagues ending and UEFA) will start in the 2nd quarter of next year.  

So more like the winner of the game are the participant who has the highest point.
If you will based it in the entire season of the NBA, this will take time but it would be exciting if the price poll will increase.

And by the way, how many games you will give as choices on a daily basis? mind you that you have to be active all the time also as almost everyday there's an NBA game and we don't want this competition to just stop in the middle when you loss interest, hopefully this will not happen, was just citing a possible scenario.

Great idea. Maybe you should do this in our local? that can help bring back the activity there. You can make it open for anyone to participate just like the other running prediction contests in our local. If you need assistance I am willing to help.

Basketball is my favourite sport so I voted for it to become my advantage as well.

I have voted for soccer which is my favorite sport. I do see some people are suggesting for narrow downing this contest by moving it into their local sub. I am not sure there will be any problem to be having both like simultaneous contests which will be running on here as well as on sub board too.

Like some other people, I am not comfort to play for your own money. If you manage to get some sponsorship then that would be good and also the prize pool may get extended up to some big amounts too. I like to suggest you to go for hunting for sponsors so that you may get more players and the winners too will get big prizes.

Why negative points? I guess this is not a way you may conduct a contest.

A correct prediction is 1 pts while a wrong prediction gets you -1 pts. This simple mechanic allows those that missed the prediction (e.g. traveling, working hours, bad internet, etc.) the chance to stay competitive. This is necessary especially when the tournament is coming to an end.

It seems participating in this contest is free of cost? It means you are going to spend 0.02BTC from your own earning? What is the goal of this tournament?

You may have anything as a goal of your contest like these; all these may require your own funds.
1. A contest for spreading awareness of bitcoin payments to rest of people from bitcoiners. (Then this is not an ideal place to conduct a contest as it is a bitcoin community and everyone here already aware of what is bitcoins and its advantages).
2. A contest for introducing a new sport to this community.
3. A contest for making your own gambling business famous.

When a goal is just for fun, it is not an usual practice to spend your own money. You must set an entry fee and there should not be any negative points. There could be a winner for each and every match.

Looking forward for this competition to commence soon, if NBA will be decided as the game for competition, you can always count me in, I'm pretty interested with that one. By the way, done voting on "NBA".

A correct prediction is 1 pts while a wrong prediction gets you -1 pts. This simple mechanic allows those that missed the prediction (e.g. traveling, working hours, bad internet, etc.) the chance to stay competitive. This is necessary especially when the tournament is coming to an end.

I would suggest that instead of going through a manual operation better host your betting contest on https://www.superbru.com/home/index.php.
This way everything will be automated and you will in the end pay to the winners.

Also if you are not taking any entry fees for this, you can announce that anyone can contribute to the winning money voluntarily.

I also noticed that editing a post few minutes after it was posted and have minor changes cannot be tracked? Can someone help me with this, please.

I am planning not to allow edits. They can just quote their previous post and then predict again.   

You should Quote every prediction right away after they posted because they can edit the post whenever they wanted though I know LoyceV has a Log in which edited posts can be checked from the original post before editing

Really mate? Participants need to quote my posts then.

Let me try if this is really working.

Edit: Negative. I cannot find an underline of dots under my name. 

I am planning to stage a betting contest. Now I am undecided which sports. I like soccer since it is very popular and its many exciting games. NBA would be perfect too as new season is about to start. And there's also the other popular sports like tennis, mma, e-sport, etc.

I also noticed that editing a post few minutes after it was posted and have minor changes cannot be tracked? Can someone help me with this, please.

I am planning not to allow edits. They can just quote their previous post and then predict again.  


Add-ons:
My initial plan is purely predicting the winner so I will be looking into matches that are competitive. A correct prediction is 1 pts while a wrong prediction gets you -1 pts. This simple mechanic allows those that missed the prediction (e.g. traveling, working hours, bad internet, etc.) the chance to stay competitive. This is necessary especially when the tournament is coming to an end.

My initial prize pool would be BTC0.02 only. Economy is bad but I wanted this game for a long time. This is just for fun anyway. But there is a chance that I will be putting up more. I read a comment for possible donations. Yes, I think we will be accepting donations from willing sponsors. There will be an escrow for the prize pool (op and sponsors).

For now break-down of the prize would be like:
1st - BTC0.01
2nd - BTC0.005
3rd and 4th - 0.0025BTC each

Anymore suggestions, especially for mechanics? I would be glad.