BTCtalk crazy accumulators!!!!

Firsy of all i want to state that i just want to make a suggestion. I am not intending to take any persons money. Any reputable legendary or other high ranked reputable members can apply to become our group administrator if they are interested. Administrator is not obligated to participate himself but he can.

A lot of people here like sport betting including myself. I am running a valuebetting service but I like regular gambles as well, especially accumulators. By playing accumulators you have the potential to win a very nice return according to the amount used for the bet. I love playing accumulators, but playing accumulators with multiple people is just much more fun. You can discuss games, every punter has his own knowledge about a specific sport,.... I noticed that playing accumulators with several people and different sports can be more successful.

So that's why i want to launch this idea. My intention is to launch a fun thing where we can discuss, play and maybe make some profit.

My suggestion

-I want to use the 10 bet accumulators. By placing 10 bet accumulators with odds ranging 1.25 to 1.9 you can easily create accumulators with a 20-40 total odd which means nice profits.
I also want to keep it affordable for 'everyone'. So i would cap every bet at 0.00025BTC (+-1$) and adjust the BTC price to keep it around 1$ per bet. So this means we will generate accumulators with a bet amount of 10$ per accumulator.
-To lock a spot in the accumulator you will need to send the according amount to the administrator. You can lock multiple spots if you prefer to. So you will have to send 0.00025BTC per spot you want to lock with a maximum of lets say 2 spots per accumulator. If the accumulator doesn't get filled existing participants get the opportunity to lock additional spots.
-This accumulators are NOT PREDETERMINED. Every participant can choose his own bet per spot he locked. If he locks 2 spots the participant can post 2 bets in the 10 bet accumulator.
Every participant decides which games get included in the accumulator.
- I would suggest to start with 1 midweek and 1 weekend accumulator, but we can add accumulators if one gets filled fast. If for example the weekend accumulator already is full on Wednesday we can open a second accumulator.

Preparation

Of course this needs some preparation in advance.

-> As i said i am only a jr member. So i understand there are people don't trusting me their money. So that's why reputable high ranked members can apply to become administrator.
   - Administrator tasks: - Collect the participants funds
   - Place the accumulator bet
   - distribute winnings to participants

-> Decide if we play on crypto or fiat bookie. I would suggest crypto bookie. Easier to collect and distribute funds. With fiat you have multiple options to pay and would make the work harder for the administrator + we would face fees to convert funds from for example skrill/neteller or skrill/paypal,.....

->And of course decide which bookie we are going to use to place our accumulators. So Participants know which bookie he must watch to choose his bet.

How it works

- You can reserve your spot when you notice an open accumulator just by replying in this topic. You copy the last post with accumulator participants and fill in your spot and mark it in Bold
- You contact the administrator for payment details and lock your spot by paying within 24 hours after reserving your spot(s)
- After payment you send the hash-ID to the administrator. As soon as your payment is verified and confirmed administrator will confirm your spot by posting in the topic.
- 24 hours before the start of the accumulator and if the acca isn't filled the current participants will get the opportunity to take additional spots beside the maximum 2 spots.
- If the accumulator is filled the administrator will confirm the accumulator and place the accumulator bet. After posting the bet the administrator will post a screenshot of the bet in this topic.
- After all games of the accumulator are finished and if we scored a winning accumulator the administrator will pm winners of the acca to distribute funds.
- All participants have to confirm in the topic if they received their winnings.

-How to place your bet?
   - You can choose any possible bet with an odd between 1.2 and 2.00 on the chosen bookie. Games on Tuesday until Thursday for midweek and Games from Saturday until Sunday
   for weekend accumulators
   - As soon as your spot is locked just post your chosen bet in the thread and the bet will be added to our accumulator bet slip.
   - As soon as the accumulator is filled all bets are send to the administrator so he can validate the accumulator.

Rules!!!

- Midweek accumulators are open from Friday 8am CET until Monday 8pm CET.
  Weekend accumulators are open from Monday 8pm CET until Friday 8pm CET

- Chosen bets for midweek have to be bets that take place on Tuesday- Wednesday or Thursday.
  Chosen bets for weekend accumulators have to be bets taking place on Saturday and Sunday.

- Price per spot is set at 0.00025$ (+-$1). This price can be changed according to the price of BTC.

- A reserved spot only gets locked if the payment is done within 24 hours after reserving the spot(s). Participant has to contact the administrator for payment details. 24 hours can be extended if the administrator doesn't respond within 24 hours. Spots have to be latest 4 hours after the deadline of participating.

- Participant must send hash id to administrator to verify his payment. Not doing this will result in loosing the bet.

- Maximum 2 spots can be reserved in the same accumulator. Additional spots can be bought 24 hours from the deadline if the accumulator spots haven't all been filled.

- Participants can choose 1 bet per spot on any sport that is supported by the chosen bookie. You can play on everything. Result, Asian handicap, over/under, corners,.....

- Winnings
   - Every spot is granted with 10% of the total winnings.
   - winnings are the amount won minus the withdrawal fee charged by the bookie if applicable.
   - Administrator will deduct transaction fee from winnings that have to be send to the winners. Administrator does not pay the fees.
   - Winnings get distributed by administrator to participants within 24 hours after the bet has been finished. Period can be extended if there is a delay from the bookie site to process
   the withdrawal.
   - All winnings are paid in BTC

- Odds for every bet have to be not less than 1,2 and not over 2.00. I think within this range we have the most chance to have successful bets. There will be special accumulators launched with odds not less than 2.00. This will be high risk accumulators and will probably contain only 5 bets.

- Administrator must post screenshots of placed accumulators latest 1 hour prior to the start of the first game of the accumulator.

- Administrator must confirm all payments in the thread when confirmed

- Participants must confirm in thread if winnings received when they are in a winning accumulator.

Additional rules can be added closer to date when we start with our first accumulator