Bitcoin Forum

Since several users have expressed interest in joining the current bitcoin talk Premier League betting pool I have organised here (https://bitcointalk.org/index.php?topic=2076240.msg20745851#msg20745851) we have decided to try open up a new one for any others that may want to join in but missed out on the action at the start of the season. This pool will be run in exactly the same way as the original one but will start officially on Round 22 of the Premier League games on the 1st of January 2018. This gives us about a month to drum up interest. To join the tournament it will be a flat fee of £20 in bitcoin which will be collected nearer the time due to fairness. The competition is similar to Skybet's SuperSix (https://super6.skysports.com/) where you get 40 points for predicting the correct score and 10 for the correct outcome, but over all the games played that week. Points will be counted and tallied up throughout the season automatically via the BBC site and the person with the most points at the end of the league will win the pot. I will create a new league on the BBC's Premier League Predictor website and it will be separate but ran alongside the original.

What I'm wanting is for any players who are interested in joining to state so in this thread. If we can get 5+ players to pledge £20 in bitcoin interested before the end of the year then I will then create a new league.

Here is the current leader-board for the original and most seem to be enjoying it so far and there's a potential pot of of over 0.2 btc which will be split between the top five:

https://i.imgur.com/W4fqnxP.jpg

If you're willing to join and pledge £20 then please state so and we can get something up and running for all those who missed out on the original. I plan to do a tournament for every season so you'll all be able to join in the big league next year in the 2018/19 season.

Current participants pledging £20:

cicciobtc
iluvbitcoins
hilariousandco
tba
zuckerberging
buwaytress
marlboroza
leea-1334
Lionidas
BetAdviser
bhadz
slaman29
LTU_btc
Rinsend
Welsh
unyil
LORD money
Stephcurry
Bitinity
Theb
KuromaYoichi
Harlot
crwth

Current pot: £460

you can already count on me! it would be amazing to get at least 50 players

Ha, not content with winning just the one prize? haha. I'll probably join in as well and I think I know someone else who will also.

Count me in :)

Hello. I would like to join this game, it seems very interesting with a lot of players! I have some bitcoin to the amount needed. What do I need to do?

Just wait. Save the bitcoin and we will start collecting the money in later this month so everybody pays roughly the same price due to fluctuations. I'll PM all proposed participants nearer the time.

Ohh, what a shame .. I've sold the bitcoin I have. Is using money can or not to join?

Not really sure what you're asking here, but no, it's not free to join. It's a gambling pool. I'm sure you can easily earn £20 by the end of the year from a signature campaign or in some other way. Feel free to create your own league on the BBC site though if you want to play for free/fun.

Count me in for a spot.
I am very interested in being a part of this when it does launch and I can do a payment near the end of the month as you propose to start collecting it.

Added you all.

Current participants pledging £20:

cicciobtc
iluvbitcoins
hilariousandco
tba
zuckerberging
buwaytress
marlboroza
leea-1334
Lionidas

Current pot: £180

Wonder if we can get more players than the original game? Spread the word as the more players = the more money for the winner(s).

I think I recall seeing this thread before, perhaps much earlier on V1. I see much more than 5 players already signing up, so I guess we can safely say that this is a confirmed thing. Please put me down for entry. Thank you! I am not a huge follower of the games, but I play fantasy leagues with my office mates also on a similar system where we all pay an entry. Not very sure how the system you use will look like but I think I can manage. Can I just ask what is the split of the 5 top players?

Hi hilarious, I've been observing and reading the current English Premier betting pool you've made and been waiting for this one, count me in.

I will not miss this one for sure :)

I am IN !

Added all you guys to the op: BetAdviser bhadz slaman29

Participants so far:

cicciobtc
iluvbitcoins
hilariousandco
tba
zuckerberging
buwaytress
marlboroza
leea-1334
Lionidas
BetAdviser
bhadz
slaman29

Current pot: £240.

Any more joiners?

It seems a nice prediction contest with nice prize so count me in.

Let me in. ;)

I'll add you to the op but looking at your feedback I hope you're serious and not just trolling. If anyone else is still interested please let me know. Not long before the end of the year but hopefully we can get 20 users involved for at least a couple of decent prizes.

Any more takers?

I'm interested to try. You can include me.

I am very interested in this competition.
if possible you can put me in there?
I would be happy to pay 20£ as the registration fee
and please pm me

thank you

I'll bite. Jot me down.

Added all you guys to the op:

LTU_btc
Rinsend
Welsh
unyil

16 players so far with the current potential pot at £320. I'll probably start collecting money on the 28th or so. Spread the word. If we can get 20 players we'll likely do 5 place payouts. We're also going to be doing a bonus prize for the person who gets the most points from one round so even if you're pretty far down the table and it looks like there's no chance of you winning one of the top prizes you'll still be able to potentially win something by getting the most points in one week.

I hope that there will be at least 25/30 players to overcome the number of the forst pool betting.
Great idea a prize for the best weekly absolute score, so everyone can try to win until the end of the season, even if in the general standings it is out of the game!

Though I just see this for the first time but having a desire to participating in it and if given opportunities I will like to play this betting too. I have played betting when I was using betonmarket and 24option but have to close up because I lose money in it but now that I have a bit master panicking I can now risk some capital without mush fear of losing.

Um... I'll take that as you want to join haha. If so, please make sure to have £20 ready by the last week on December.

hello, I've never partecipated in a betting pool. If I understood correctly when I read the first post, I will get 40 points if I predict the correct score and 10 if I predict which team will win. but if I join now would it be impossible for me to recover? I mean some players have hundreds of points and I will start from 0.

there will be a new pool betting, this will start in January and all players will start with 0 points, so everyone will have the same chance to win

As above, this is the whole point of the version 2 of the pool. It's for people who want to join in the fun but missed out on the original so it'll be a fresh start for everyone involved. The first round will start with the boxing day games and I'll start collecting money in mid next week so not long left if you want to join it.

thank you for the answer!


thank you for the opportunity to join! I would like to partecipate! please contact me with a private message to know where to send the £20

Do you accept alts?
Bitcoin fees are too high.

I've put you down and will contact you mid next week to collect payment.


I would accept bitcoin cash as long as everyone else involved was ok with it. I want the pot in all one coin, but I would prefer to stick to bitcoin as annoying as the fees have become.

_____

Pot is currently at £380 (assuming every pays). I'm sure we'll be able to get a handful more before the start of the season as well.

When will the payment be made?

I'll probably start collecting the money in on Friday so people have the whole weekend to send the funds in before the games on the 1st. Just keep an eye out for a private message from my hilariousandco account.

Hello can I still join the Betting Pool? If Yes you can also count me in. :)

Yep, it's still open. I will start collecting money in over the weekend so there's still time for people to join before the games start on the first. Just look out for a message from my hilariousandco account.

Ok Thank You, one more thing are we required to join and create an account on the BBC's premier league predictor (Is this necessary for us to be part of the leaderboard?)? Or we can post or send you a pm about our predictions to the game?

You'll need to create an account on the BBC website. It's very quick and simple to do and takes probably less than a minute. I'll send everyone the invite link to join the league once they have paid.

I decided to start the pool on Round 20 instead and not the new years day games. I think it's going to be too much of a rush to collect all the money in and get everyone signed up to the BBC site and many people will be hungover or not on the forum new years eve/day so will miss predicting those games most likely. Also, if people sign up today or tomorrow they'll also be able to predict the City and Arsenal games which would mess things up if they did and give them an unfair advantage. So the Pool will officially start on Round 20 on the 13th of Jan. I will start collecting the money in on the 5th after the last game of Round 19 so that gives us plenty of time to get everything sorted for the Saturday games and hopefully get some more players involved.

I think in this way it’s better. It would be a rush like you said. I will try to find some other players asking my friends!

Almost miss this, count me in  ;).

Added you.

Hello, just looking back here to say I am still confirmed. I remembered about it last week, but then forgot and I thought I missed the deadline as it was supposed to be end of December? But good to see I did not miss anything.

You will include us in a private message when everything is ready to pay, right? I should be happy Bitcoin has recovered a little from the end of December. Hope to see all of you 21 players soon. I am very ready to win this competition!

I extended it to the next round of games as it wouldn't have left much time to collect the money in and get everyone signed up to the BBC predictor site. I will mostly likely send everyone a message tomorrow with payment details and the pool will then start on the Saturday so gives everyone a chance to get signed up.

bump

Any news about the start of the betting pool V2.0? I was expecting to receive a payment request from hilarious since yesterday and his last post is about it and starting the pool this Saturday. Or the cause of the delay is because we are still short in terms of participants in the new pool that is why there is no payment request just yet?

First game will start on 13., there is plenty of time to collect, bitcoin is moving up, so what's the rush?
He will send you PM don't worry, you won't miss anything.

Hilarious, any news? When you will start collecting money from participants. We still have enough time until next round, but I don't think it would be good idea to delay wait until last day.

I'll start it for the next round. Been busy/lazy and there won't be enough time to get everyone signed up and sorted before the games on Saturday. I'll make sure to get it sorted for next week and very likely PM everyone on Tuesday so we've got the whole week to collect in funds.

Hilarious is there a room for one more? If so count me in.  ;D

Yes. It's open to anyone as long as you pay the fee. I'll put you down. Look out for a PM from my main account on Tuesday hopefully. I would have started it monday but there's the last game of the current round on.

Ok thank you for counting me in Hilarious.

Count me in; it's worth a shot.  8)

Bitcoin has taken a bit of a hit the past few hours so should I still send the address out today or maybe give it a day or two to see what happens regarding the value? If it keeps falling the prize pot might not end up being much and might be unfair to people paying different values as we collect the money in. I think people are unnecessarily panicking like they always do but I could see it falling more during the day as people wake up and panic which will have a knock on effect, but hopefully it'll settle once the dust has cleared (but you never know with weak hands in bitcoin and I think there'll be a lot of newish investors who bought in with the rally in December who will panic and want out especially with all the "bubble" and "end of bitcoin" headlines that will pop up all over during today).

You could start sending out the payment address to everyone now, but include that if they don't want to pay today, due to the instability of Bitcoin right now they can wait until x deadline.  

Otherwise, we could have the issue of sending the payment information out too late and some people not meeting the deadline. So in both instances the pot wouldn't be as big.  As long as the information has been sent then it's up to the people involved whether they want to pay now, or closer to the deadline.

I'll give it 24 hours and hopefully there'll be a bit of stability as it seems to have steadied a bit already but who knows what will happen during the rest of the day. Most people will send the money in on the day I send the address out but it'll likely take a couple to get every one in and I would rather people not decide to pay just because others paid much less than them (or the opposite).

I don't think bitcoin will go under $10K(or maybe it will? Who knows... ;D).
20 GBP = 0.00237183BTC at the moment.
What do you think about collecting 0.0025btc from everyone? So everyone will send equal amount...of btc.

I'm on with anything. Probably best to fix a rate close to the value on the day... marlboroza's suggestion of 0.0025 BTC sounds like the best.  Even if Bitcoin drops a further 20% it'll be enough-ish. We shouldn't worry though, by the time the league's over, BTC will be at a new ATH ;)

Mempool won't get any better than this too, so I'd rather make payments soonish, 151 sats/byte looks good enough for a 6-hour confirmation time right now.

15 games left so this will feel like a quickfire contest. Can't wait for a chance at >0.05 BTC!

Whatever you think is best. I guess I'm a little bias because I don't really care about the current price of Bitcoin. I would be happy to send in an equal amount of Bitcoin, rather than fixing it to the price. Obviously, it's already been agreed to send in to the price on the day, so it probably wouldn't be right to fix it to a Bitcoin value.

I would for one be an "aye" vote to have it set to 0.0025btc for first entry fee to join.
It is a reasonable amount and I am pretty sure most seasoned gamblers here can afford this amount for this second round to begin.

Been waiting on hilariousetc to get back to me with the pm he is going to be sending out to the ones on the list from the OP with the btc address so to know where to send payment too.

Can't wait cause this is the first pool I have participated in for the EPL.
Pretty stoked. :)

It would be fixed to a btc amount but that value could be vastly different between the current price and when the last person pays (and maybe they just wouldn't bother). I was actually thinking of rounding it up and making it 0.0025 last week but that was then worth £25. Now it's £17 and with the way things are going it could be much less. I'll see how it goes. Missing another round isn't the end of the world. Would rather wait till the dust settles and btc stabilises before we try get everyone signed up.

Understandable that we will be missing another round since we experience a dip in the market lately. And it looks right this time as Bitcoin is currently 11,700$ hopefully it will become more stable during the next round. One question though. So will we be sending an equal amount of £20 worth of BTC for the prize pot or it will be depending on when we will be sending the payment?

For me we can establish a BTC amount regardless of its equivalent value in £.
0.003btc seems  the right amount.
I wanted to propose to insert a small contest with bonus points: each user will predict the final standing of premier league (first 4 positions) and only those who guess exactly (the 4 teams in the correct order) will have a bonus of 50 or 100 points  add to his final score.
Do you like  this idea?

Although, I like the idea of people competing and trying to guess the top 4. It's probably unfair to those who have accumulated points through the rounds. 50/100 points is a lot and could see a user leapfrog over multiple people because of it. I think guessing the scores/results is much more difficult than guessing the top 4. 

It's worth the same as 1 correct score, that's not that much.
Maybe 50 extra points for predicting the top 4 in the correct order?
It's not as easy as it seems.

Yes, it is not easy to guess exactly the first four ranked teams! Except for Manchester City, 99% will win the Premier League, there are 5 teams (Chelsea, Manchestr United, Liverpool, Tottenham and Arsenal) for the other 3 positions.

I'm only waiting for hilarious' final decision and PM, my fund is ready to swim to this pool and the current price seem to be stable at $11,500.

Same thoughts and same feels here. It would be nice to win the betting pool right?

Well, dice* dust settled, looks like panic is over, price seems stable indeed, last person joined this pool 9 days ago and next game is on 30. Jan.
Just crossed my mind that it is perfect time to collect money, before China Philipinie India South Korea (enter country) decide to ban regulate ban not ban ban bitcoin and cause mass panic again.
edited * jesus...I have to stop dicing around.

It's nice to win the betting pool but against with these professional folks, I don't have stand of any chance though I would love to participate and have fun. (Give me encouragement).

Haha those FUD seriously giving a dramatic price movement but it seems to be calm weather today, let's wait for the boss.

Not starting the betting pool when it was originally planned probably worked in my favor, as the results we've seen from the bigger teams over the last few fixtures have been unexpected. Having said that I would still like to be part of something like this are we still planning to launch this?

Started a new thread for those that want to take part in next season's Premier League Pool and the upcoming FIFA World Cup:

https://bitcointalk.org/index.php?topic=4130568

World Cup Pool will be slightly different but the Premier League Pool will be the same as the one last year.

This thread will be locked soon so post in the new one if interested. Thanks.