Topic: The LuckyBit NBA/NHL Peculiar Parley Promotion! (Read 1903 times)

All sorted! Well, I've had my dose of adrenaline for the month. I'll be back with another promotion soon!

Okay. I clearly cannot math today; I got this basically 100% wrong.

1EqfHy3os5PENg4DCwgkZXYmbtms7jC2Ud - 0.06BTC wagered - 0.21332606 paid - 0.31964169 won
1Faucet1qWZeFr81izMcswf7u5aWw9piAF  - 0.01BTC wagered - 0.237029 paid - 0.05327362 won
15Bm2D66PMMDimUcbY7WFydvCLV8VjELE1  - 0.0221BTC wagered - 0.24176957 paid - 0.11773459 won

Whee, fun.

1Faucet owes me 0.18375538
15Bm owes me 0.12403498
I owe 1Eqf 0.10631563

1Faucet and 1Eqf are the same person. Therefore, he owes me 0.07743885 and the other user owes me 0.12403498 which recovers the overspend.

I'll cover the dust here and round them to the nearest 0.1mBTC. I've received the 0.0774 already, and I'm reaching out to Southpaw0 to correct my mistake with his payment now and hopefully recover the 0.124BTC. It's a good thing the community at LuckyBit is so great!

This has been a valuable lesson in promotions management. Thanks for suffering it with me, guys.

Uh.... about that.

I screwed up and forgot to include the 50% match bonus; you only received your share of the wagers.
I also missed a zero in one of the sends (1Faucet..) => they got way too much. I'm reaching out to recover this (but will pay for it out of pocket if that's not a possibility).

And I will never process payments first thing in the morning again.

Here's the rest of it:

37f3f9355e83c1395fcacb1d9e8dd395769603e7726c1762abd994f73acf7edf
5b4646a90893273c6599568cd1afe3d1d278791bb4b6b1202933e876b928ba55

Both the NBA and NHL Finals were amazing to watch and even more amazing that I predicted both the Warriors and Blackhawks to win!

Congrats to the other two winners!

and thanks to Luckyb.it and Stingleword for the .16117971 BTC   

The Results Are In!

Chicago Blackhawks won the Stanley Cup, and Golden State won the NBA Championship. Time to distribute some prizes!

Players:

1EqfHy3os5PENg4DCwgkZXYmbtms7jC2Ud - 0.06BTC wagered - 0.14221739BTC won
1Faucet1qWZeFr81izMcswf7u5aWw9piAF - 0.01BTC wagered - 0.0237029BTC won
15Bm2D66PMMDimUcbY7WFydvCLV8VjELE1 - 0.068BTC wagered - 0.16117971BTC won

Total prizes: 0.3271

Payout TXIDs:

04d780f3ef9d4f55230484b2e4c023daad5de7e325f9bc05dbe96b922effd4da
59c580fdae29a39d834052cd9a292518ce4929a8a9b5fd5fe7825e5e8686167b
fe68ea7ba961d7e694c494e7559134a9f0c7c74f0136d99c2972605be384b9ec

It was close already??
No more game like this anymore??
Just sugestion maybe u can make it about europe championship league and  U20 World Cup..

Okay, I was unavailable yesterday but entries to this contest are, of course, CLOSED.

There have been 0.3271 in wagers placed. LuckyBit will match 50% of that; the total prize pool is now 0.49065.

CHI-CLE got the most wagers by volume and population. All pairings received at least one bet.

Good luck!

Damn. I wanted to enter too. It doesn't seem like much people have better. (or it just seems like this in this thread). Will it still go in if there aren't many participants?

Bummer. I lost track of time and missed the deadline. I had intended to enter this

Same. I would love Warriors and Lightnings to win these championships.

The promotion is ending soon in just over 2 and a half hours, make sure to get your bets in!


I'll be rooting for.
Golden State and Chicago Blackhawks!!

Well do you want the hot is heck Trailblazers or are you a Lebronite?

Yeah, I will likely be entering this before the deadline. Just need to look into who I wish to wager on first.

This looks to be interesting, and why LB rocks and puts their BTC where their mouths are.... Just gotta figure what line to take myself

No limit. I can't stop someone from using multiple addresses to do the same thing, so why bother? It makes more sense to simply allow hedge-style bets freely. As more people participate in the promotion, the hedge bets become less effective, so this appears to be a win-win solution for everyone involved; a bettor that places a correct prediction gets a nicer return on their wager than a hedge bettor would, but a safe play would pay large in the event that most people guess wrong. Given these chances, I decided to accept this strategy as fair since it carries a fairly equivalent level of risk.

How many total entries are allowed per person???
That said, I just meant that can someone bet on all the four addresses as mentioned in the OP or two of them to take it as a hedge???

Let me preface this game with a bit of an introduction. I'm not a sports betting man. I don't find sports particularly interesting and I don't really care to bet on them. That said, sports betting is incredibly popular with the LuckyBit community and I do get to read about lots of different styles of bets. The one I encounter most frequently is a strange beast called a "parley" and apparently requires the bettor to predict the outcomes of multiple events. In the spirit of this tradition, I present to you, the LuckyBit community and lovers of the "parley"...


How does it work?
To win a share of the prize, you simply have to correctly predict the winners of both series. The NBA Championship finals run from June 4 to June 19, while the NHL Stanley Cup series runs from June 3 to June 17. Since these are best-of-seven series, one may end before the other; of course, the game won't be evaluated until both winners are declared. Four bet addresses will be provided. Use a compatible wallet - just like all my promotions and LuckyBit itself, I depend on your wallet being able to receive funds at addresses it spends from. Send a bet to the address for your prediction(s) and good luck! Entries open immediately and close at 22:00 June 3 which is 2 hours before the start of the first game of the Stanley Cup.

What are the wager and the prize?
The wager is minimum 0.005BTC (suggested 0.01BTC) with no limit. You can send any amount of 0.005BTC or more to any game address to place a bet. It is permissible for an address to send to two (or even all four!) game addresses and you may send more than 0.005BTC; if you win, you will receive a proportional share of the prize. LuckyBit will match 50% of all wagers to the prize pot, up to a maximum of 0.5BTC.

I just wanted to bet on one sport, not both!
No problem! Just bet an equal amount on each pairing for the team you support. If your team wins, you win - and it doesn't matter what happens in the other game.

Wait, I can just bet on everyone? Isn't that cheating?
I considered the pros and cons of allowing this and decided it is worth it. This strategy *can* work - up to a point. As more people participate, the effectiveness of this strategy decreases and at a certain point it becomes a strategy of betting "against the crowd" rather than attempting to game the system into a sure thing. You're free to try it, though; it might be a good decision, and it might not. That's the game!

What else do I need to know?

Betting is closed.

To bet on CLE+CHI, send to 1BRb42Xcn729F5wTrgJqft2GXFWPVFMMGX
To bet on CLE+TBL, send to 1Ce35jqZ3PYwtP8xxgnvfnBALw5994bUuh
To bet on GSW+CHI, send to 1BUrz9rVMbf5MoqSwf3xVmybeZTQtddns8
To bet on GSW+TBL, send to 1D8VHBmsmFbxbBr52yJSYRGNT1GWNQnRVy

FAQ
Can you explain it to me in simple terms?
I already did. Scroll up.
Don't you mean "parlay"? Parley is a chat, in pirate-speak.
No, I mean "parley". Because bastardization is the second-highest form of flattery.
I don't understand the prize match. How does that work?
LuckyBit will match 50% of all wagers, up to 0.5BTC and add that to the prize pool.
Do I have to play LuckyBit?
No, but we'd like it if you tried us out!
Can I send 0.0025BTC to two game addresses to bet on just one team?
No, all bets must be 0.005BTC or greater individually. You can send 0.005BTC to two game addresses.
What about mistake sends?
Sends under 0.005BTC will be added to the prize pot and considered a non-refundable prize donation. Abnormally large sends will be considered wagers; if you need me to refund a ridiculous sum, I can do that, but let's not make a habit of casually tossing around large amounts of money; it makes me uneasy.
Where can I find the current status of the games?
On the respective franchise websites.
Dude, you suck?
Putting a question mark at the end of a statement doesn't make it a question.