Author

Topic: The Picnic (Read 3689 times)

member
Activity: 84
Merit: 10
January 05, 2013, 06:18:47 AM
#4
I love peanut butter sandwiches
legendary
Activity: 1136
Merit: 1001
December 10, 2012, 09:39:32 AM
#3
I was thinking it was a bad game and no one wanted to play.

We each bring either peanut butter or jelly, with the payoffs as below:



If all I bring is peanut butter, the player always makes 13.99% (1.1399x). So I have to threaten to bring jelly, which opens the player to a 599% (6.99x) return.
donator
Activity: 3226
Merit: 1226
★Bitvest.io★ Play Plinko or Invest!
December 10, 2012, 08:52:08 AM
#2
 Huh

The fact that it has been 2 weeks since the OP, that suggests that no one understands what you are saying exactly.
legendary
Activity: 1136
Merit: 1001
November 26, 2012, 11:25:07 PM
#1
Made this game up. Takes a bit of time to complete, but could be fun.

The picnic situation:
  • We have to make all sandwiches at the picnic
  • You love Jelly sandwiches! I hate Jelly Sandwiches!
  • You like Peanut Butter sandwiches. I don't like Peanut Butter sandwiches.
  • You hate Peanut Butter & Jelly sandwiches! I love Peanut Butter & Jelly sandwiches!

We know each other's sandwich preferences and decide to each bring one ingredient (Peanut Butter or Jelly) to the picnic and combine them to make the sandwiches. Which one do you bring?

Payouts:
If we have Peanut Butter Sandwiches, I pay 13.99% (1.1399 x your wager returned)
If we have Jelly Sandwiches, I pay 599% (6.99x your wager returned)
If we have Peanut Butter and Jelly, I win, and pay nothing.

This game is played in 4 rounds:
1) You announce you want to play. Leave a funding address for me to pay in case you win.
2) I'll give you an address to fund and I announce my encrypted guess (sha of guess).
3) You fund the amount and announce "Peanut Butter" or "Jelly". Funding amounts 0.05 BTC to 2.00 BTC.
4) I reveal and pay. If I can't prove hash, I pay.
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