Bitcointalk English Premier League Betting Pool v2.0 | Current pot: £420

[Theb]

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).

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.

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?

[cicciobtc]

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).

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.

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?

[Welsh]

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. 

[iluvbitcoins]

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.

[cicciobtc]

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.

[bhadz]

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.

[crwth]

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?

[marlboroza]

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.

[bhadz]

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?

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).

Well, dice 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.

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

[Welsh]

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?

[hilariousetc]

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.