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Author Topic: FREE Tipster Competition - 1 BTC in PRIZES - Registration Closed  (Read 18705 times)
FrueGreads (OP)
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August 18, 2015, 12:43:55 PM
Last edit: August 30, 2015, 11:26:55 AM by FrueGreads
 #1

FREE Tipster Competition (sponsored by directbet.eu)

Starts at: SUNDAY NOON UTC (23 August)
Ends at: 22 Setptember noon UTC
(Registration Closed)

FREE Tipster Competition 1 BTC Prizes - sponsored by directbet.eu - LIVE BOARD
(this is where you should place your bets)
https://bitcointalk.org/index.php?topic=1159253.msg12210679#msg12210679
It will remain locked until the competition starts, to keep it clean for the start of the competition.

DirectBet leaderboard: http://directbet.eu/Competition.cshtml


Here are the rules and details:

---Entries---
1. It's free to enter

2. Format (please leave a post following this format to enroll in the competition)
 - Name: (use the same member names you use here on Bitcointalk)
 - Coin address:
 - Bankroll for the competition:

3. You can use any coin accepted by directbet.eu (BTC, LTC, DASH or DOGE). But you have to use the same coin / address during the ENTIRE competition.

4. You can enter with any bankroll amount.

5. A late registration during the first week of the competition will be allowed.

6. If you bust your bank during the first week and the next 4 days you are allowed ONE re-entry with the same bankroll you started with (or a smaller one), but your progress will not be reseted. Meaning that you will be re-entering the competition with negative ROI% (-50% ROI assuming you enter with the same amount)


---Betting Rules---

1. All bets must be made in directbet.eu (as they are your sponsor)

2. You should always post your bets in the competition thread after you placed your bet in directbet.eu. To do so you can just post the link of your bet from directbet.eu (you can get them at the "bet status" tab).
We will be tracking all your bets with the help of directbet.eu, so do not try to cheat or you will be disqualified.

3. When making bets, all payots must be set to the same coin address provided in the registration for this competition. Bets not made this way will not count for the competition.

4. For the purpose of this competition the max bet stake is capped 5% of your current bankroll. You can pass that limit, but the winnings/losses for the purpose of this competition will be rounded down as if they were made with a bet stake of 5% of current bank.

By current bank we refer to the bank that is reflecting your winnings/losses and bets placed during the competition.

5. A minimum of 20 bet slips must be made during the competition to qualify for prizes.

5.1 The minimum number of bet slips required to qualify can increase if your largest winning bet is won at odds above 10.
In this case that minimum will be two times that odd.

As an example:
You largest winning bet is won @11. This way you will have to place a minimum number of 22 bets in order to qualify (11 x 2 = 22 bet slips).

6. A minimum of 20 bets must be made during the competition to qualify for prizes.

7. You can not have "duplicate" bets even if they are made at diferent odds. If you do so, we will only count the first one.
This is an example of a duplicate bet:
 Barcelona v Real Madrid - Match Odds, Barcelona @2
 Barcelona v Real Madrid - Match Odds, Barcelona @1.5
In this case we will only count the first bet made.

---Determining the winner---

1. The winner will be the one with the better ROI % at the end of the competition

2. A bonus of 7% of each bet stake will be added to the leaderboard, no matter if you win or lose the bet (for the purpose of determining the winner only and not in the form of real money).

3. In the remote case of a tie, we will pay the higher prize for both winners.

---Prizes---

1. Top 3 will be paid

First place:  0.5 BTC;
Second place: 0.3 BTC;
Third place: 0.2 BTC

2. All prizes will be paid directly to the winners addresses.

---A few notes---

-Users with a tipster thread that have been posting tips in the forum for the past few months will have priority if they choose to enter but everyone can apply.

-These rules may suffer changes until the start of the competition. If that happens everyone will be informed.

- This competition will be monitored by me with the help of directbet.eu

- A leaderboard for the competition will be created and will be available in directbet.eu

- Duplicate accounts are not allowed in the competition. Anyone caught with a duplicate account will be disqualified.

- Players caught cheating will be disqualified.


---List of entrants---
Name: Koshgel; Bankroll: 0.1 BTC; Adddress: 15G72hqn7kRYwViYix2owGEZP5WT7VcuRn
Name: Bolt Brownie; Bankroll: 0.1 BTC; Adddress: 15DQySJbH6ioMmrD4iwb9mbiaN8BWgwGqm
Name: Joca97; Bankroll: 10000 DOGE; Adddress: D5nccjE1MBkvzebMavqQ9Vx68nWLBWhde6
Name: Wendigo; Bankroll: 50 000 DOGE; Adddress: A8p2oSX5JVQtBK1kv28NoQ5BkPFo7KwKwj
Name: haseo11; Bankroll: 70 000 DOGE; Adddress: D9pasqNQXJtU7HJU4TYxajjWGFYj5VZNE2

Name: SulphurXX; Bankroll: 0.01 BTC; Adddress: 1GVBu7pgYnpCVMx9yrjKKCF3sTTCSZ3FUt
Name: Scaccomatt0; Bankroll: 10 000 DOGE; Adddress: DDYWtfY3q9SBNtF7t9YdZnonbawTdUSY9p
Name: kevindurant; Bankroll: 1 BTC; Adddress: 1BetPDb5R5eZ1276Cdxw4ti1QNns2hxHgZ
Name: ChrisPop; Bankroll: 10 000 DOGE; Adddress: DBYUP4hpoRNh5brRHP13cwJuMLK9rCaGqm
Name: StinkyS4L; Bankroll: 0.1 BTC; Adddress: 1747VRSS9BvyqXi8WyUtejDqLTbEmMPSiR

Name: orryde; Bankroll: 0.02 BTC; Adddress: 15B9e7LeCTdKhRdjtTroi12DmamYgYWino
Name: bajing; Bankroll: 20 000 DOGE; Adddress: D9XLmZmW5vRMLL29pcHFPbM35u315RuZ3o
Name: Zz; Bankroll: 1 BTC; Adddress: 1FvyNwJnZkkZh3rSpRuM4GUVddYHwcREhn
Name: cazkooo; Bankroll: 40 000 DOGE; Adddress: DTLH9ePTnbYnpB8N5kUTWR73p34Dko38s8
Name: giustone; Bankroll: 75 000 DOGE; Adddress: DGytdEM6nZomHamvLseJWQRuFQuBRRC4mu

Name: MrHighlands; Bankroll: 0.1 BTC; Adddress: 1PUE7ExVY4eeWoK9mchPkRDpUkwmjk8YLJ
Name: ndnhc; Bankroll: 0.1 BTC; Adddress: 1LWtZsYMNCuEn5TmawNGPHmu2W3udrYeWK
Name: akbasemre1; Bankroll: 20 000 DOGE; Adddress: DBWcQnpf86peXmqGPEYyHn8TXut4mseghX
Name: ajaxmoor; Bankroll: 0.01 BTC; Adddress: 1MdsLLenLbxpcTtExten8hgJQWbDPiXXPX
Name: Coinbanker; Bankroll: 0.01 BTC; Adddress: 1G4aDDGNkd4rRATFbciRt6ztrTmxBaxKZh

Name: joust; Bankroll: 0.04 BTC; Adddress: 1BzAagZo7GyDw3eYsdrZK4Qj2BCGubGm8w
Name: frank0929; Bankroll: 0.1 BTC; Adddress: 1Lx8hwTsB5Ha248qV2h8aZFJ5MetwRkDJN
Name: Hexcoin; Bankroll: 0.1 BTC; Adddress: 191xqivuaVerBts5Q3rWg28qhvaDX3PjeE
Name: Revelation Machine; Bankroll: 0.5 BTC; Adddress: 1LhtJCHsM9m8GnnbiGMAV3LyoLkpxB52z7
Name: Jcga; Bankroll:  0.1 BTC; Adddress: 13SJ2fS5TcARjfch91Pq7Vu7nEXnGaRx25

Name: ajun96; Bankroll:  0.05 BTC; Adddress: 1CVhoFbczbSVFmr3mpNJj5diuFQoQqFAwD
Name: sureshnsnet; Bankroll:  6000  DOGE; Adddress: DAhY1STrDsUHkJJNE3akj8G2ZYKML8C5Nb
Name: chanlance; Bankroll:  0.0002 BTC; Adddress: 15tatYMrey4ycztame4BkCV89fuDHv7rYW
Name: Philiveyjr; Bankroll:  0.1 BTC; Adddress: 14sunFjfr8PRF9Mq3GYqZHF5ijm4FgtTCL
Name: Nickaizoku; Bankroll:  0.02 BTC; Adddress: 12iLTrfVpoSGmcLJaZgsed9zBqVKG14vDf

Name: wikenpp; Bankroll:  0.05 BTC; Adddress: 13fYu9ZbuLnkZycd6PjN3SqAzrrNJ1Zr9f
Name: yolanda123; Bankroll:  0.045 BTC; Adddress: 1FmssqnpSffLiEWNSPREa8SMC4GPk1P837
Name: amin28; Bankroll:  0.06 BTC; Adddress: 1EAMiFRtD3zNWSEMag23vuhqTCCcAm9nXc
Name: srgkrgkj; Bankroll:  0.57738848 BTC; Adddress: 1HzwCYo9Lc5RadqFZUHaUb99TRJpQU42SH
Name: betohell; Bankroll:  0.002 BTC; Adddress: 19arF2Da2CDTjHT8j8nwRZYg9kYXH6x3hx

Name: Raphesiius; Bankroll:  0.5 BTC; Adddress: 1BrHDEHQ4uFR4aLMQTeh1sQoqxSiwofFbW
Name: Heroin; Bankroll:  100 000 DOGE; Adddress: DCcmvqamQV2DCvZyAsZtAM3YoGwAQzf9oq
Name: sakira; Bankroll:  0.1 BTC; Adddress: 1JPmS7aJ2cJ8eWLtcHnA6m6979rPmtRLkE
Name: xht; Bankroll:  10 000 DOGE; Adddress: DRM3nPGnL9xKRFCwUS5s2yun7DZWchP621
Name: riseDARK; Bankroll:  0.1 BTC; Adddress: 126LDaRtFtyou9eqEiFTDJJh3ihG3bT4nK

Name: patt0; Bankroll:  0.02 BTC; Adddress: 1Evsacs1ykQ9vp5xTRUfQvC8KdGHqo7MWY
Name: n3o111; Bankroll:  1 BTC; Adddress: 1KSZLiWxzqacTTY3wQhcUCK19BgGAGFk6H
Name: debuni; Bankroll:  5000 DOGE; Adddress: DQsJz3yFNMN2aKXVskF5RVmDgyw9gmSdEv
Name: nikona; Bankroll:  0.005 BTC; Adddress: 19matbXWaxPZKHUgR7V49jcQN1yYRs8C2D

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lexuz
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August 18, 2015, 12:56:29 PM
 #2

who's escrow hold the prize? I mean if not using escrow service it's like nothing competition. Im so Sorry to say this
orryde
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August 18, 2015, 12:58:52 PM
 #3

Interesting, Anyway i dont know what mean Betting Rules in point 5 and 6. Also Can you confirm that DirectBet.eu will sponsored this competition.?



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FrueGreads (OP)
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August 18, 2015, 01:00:44 PM
 #4

who's escrow hold the prize? I mean if not using escrow service it's like nothing competition. Im so Sorry to say this

hmm there is no need for escrow. First the entry is free so you are taking no risks, second as I said this event is being sponsored by directbet.eu. They will be paying the prizes not me.

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FrueGreads (OP)
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August 18, 2015, 01:07:11 PM
 #5

Interesting, Anyway i dont know what mean Betting Rules in point 5 and 6. Also Can you confirm that DirectBet.eu will sponsored this competition.?

They will soon promote the competition in their oficial forum thread. Also the leaderboard will be placed on their website.

As for the rules I will post a pratical case:
Lets say you place a bet in directbet.eu of 1 BTC @11
You will of course be paid 11 BTC if you win, but for the competition only 10 BTC will be added to your bankroll in the leaderboard, because you went above the max odds permited for this competition.

The same thing goes for the betting stake.
Lets say you have a bankroll of 1BTC meaning that 5% of that bank is 0.05 BTC.
If you bet more than 0.05 BTC you will of course be paid normaly, but for the competition purpose it's like you only placed a bet of 0.05 BTC

Hope I was clear enough. Feel free to ask anything else i you still have doubts.

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ndnh
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August 18, 2015, 01:09:01 PM
 #6

who's escrow hold the prize? I mean if not using escrow service it's like nothing competition. Im so Sorry to say this

hmm there is no need for escrow. First the entry is free so you are taking no risks, second as I said this event is being sponsored by directbet.eu. They will be paying the prizes not me.

The first part is invalid, since participants will be using their time which is not worth nothing. There are taking a risk.

I would say use an escrow. But if you are not willing to, at least get Directbet.eu to confirm it here.

Thanks Smiley
lexuz
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August 18, 2015, 01:09:48 PM
 #7

who's escrow hold the prize? I mean if not using escrow service it's like nothing competition. Im so Sorry to say this

hmm there is no need for escrow. First the entry is free so you are taking no risks, second as I said this event is being sponsored by directbet.eu. They will be paying the prizes not me.
Interested to joining this competion. but i need waiting to directbet.eu has been confirm this competion sponsored by them
FrueGreads (OP)
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August 18, 2015, 01:13:44 PM
 #8

Yes no problem. I know that is important and they will!

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August 18, 2015, 01:15:12 PM
 #9

I would say use an escrow. But if you are not willing to, at least get Directbet.eu to confirm it here.

Thanks Smiley

I confirm we will be paying the prizes.

We will also set up an address for tips and award it to the eventual winner.

Good Luck !

blofoma
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August 18, 2015, 01:49:28 PM
 #10

I would say use an escrow. But if you are not willing to, at least get Directbet.eu to confirm it here.

Thanks Smiley

I confirm we will be paying the prizes.

We will also set up an address for tips and award it to the eventual winner.

Good Luck !

thanks for confirmation Smiley i think to try this giveaway Smiley
LFC_Bitcoin
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August 18, 2015, 02:00:16 PM
 #11

I have no interest in entering myself, I'm too lazy & I don't like losing Grin.
I will be very interested in seeing how this all unravels though, it'll be pretty cool to see all the top guys battling with each other to be the best tipster here at bitcointalk.org
Good luck in advance to all the potential competitors Smiley

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FrueGreads (OP)
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August 18, 2015, 02:03:26 PM
 #12

I would say use an escrow. But if you are not willing to, at least get Directbet.eu to confirm it here.

Thanks Smiley

I confirm we will be paying the prizes.

We will also set up an address for tips and award it to the eventual winner.

Good Luck !

thanks for confirmation Smiley i think to try this giveaway Smiley

Thank you for you interest, please remember to follow the registration instructions stated above if you really decide to join!

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August 18, 2015, 02:04:03 PM
 #13

5. All bets must be made from the coin address you provided during the competition registration. Bets not made from that address will not count for the competition.

What about people with HD wallets which have different sending and receiving addresses every transaction?

Also bettors with higher bankrolls will have a clear advantage because single bets will be on par with lower stakes on the parlays for the people with smaller bankrolls.
FrueGreads (OP)
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August 18, 2015, 02:10:56 PM
 #14

5. All bets must be made from the coin address you provided during the competition registration. Bets not made from that address will not count for the competition.

What about people with HD wallets which have different sending and receiving addresses every transaction?

Also bettors with higher bankrolls will have a clear advantage because single bets will be on par with lower stakes on the parlays for the people with smaller bankrolls.

The problem with the addresses is that we need one single address to be able to track every single bet made by that participant in order to prevent cheating (like ommiting losing bets etc).

As for the different bankrolls there will be no advantage. You will state the bankroll you will use for the competition, and all your winnings and losses and bet stakes will relate to that bankroll.

The winner will be the one with higher % of profit, and not the higher flat profit, so it's equal to everyone either you have a big bank or a small one.

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Wendigo
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August 18, 2015, 02:14:32 PM
 #15

Thank you for the clarification. For a moment I thought you meant the highest roi as the highest bankroll at the end of this.
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August 18, 2015, 02:33:34 PM
 #16

Ofcourse im in you can add me instantly
but i dont like some of the rules not one bit,you need to change some

also im angry that max odd is 10x it should be at least 30x

I dont agree with next things :
The maximum bet allowed is 5% of your current bankroll. If you pass that limit, the winnings for the purpose of this competition will be rounded down as if they were made with a bet stake of 5% of current bank.

All bets can only have a maximum odd of 10. If you pass that limit, the winnings for the purpose of this competition will be rounded down as if they were made at odds of 10.

--
also someone should make clear some things,if someone has a bankroll of 100 btc and for example someone has 0.1 btc,that means that the 100btc is in the better position by a mile because of the % thing

I think everybody should have the same start up budget,like the minimum to enter should be at least 0.1 btc and nothing more then that
also betslips should be posted before the game or sended to the OP

The only positive thing i have seen in the thread is that the competition will start in 13 days,that means you got lots and lots of fixing to do

also pm me what i need to post in the thread to enter

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August 18, 2015, 02:53:58 PM
 #17

What about people with HD wallets which have different sending and receiving addresses every transaction?

All wallets are compatible. You simply need to use the same payout address for all your bets so that we will be able to track your progress in the leaderboard.

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August 18, 2015, 02:55:48 PM
 #18

What about people with HD wallets which have different sending and receiving addresses every transaction?

All wallets are compatible. You simply need to use the same payout address for all your bets so that we will be able to track your progress in the leaderboard.

how will you know if the bets are correct ? where do we need to place are betting slips,and do we post them before a game?

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August 18, 2015, 03:22:31 PM
 #19

how will you know if the bets are correct ? where do we need to place are betting slips,and do we post them before a game?

All bets that you place as part of this competition need to be placed for real on our website. This will allow us to track the progress of each tipster and create the leaderboard.

If you want to participate but you don't want to risk much - that's not a problem. You can state that your bankroll is 10,000 DOGE for example and play with them. That's equivalent to 0.005 BTC and that's all you have to risk !

There is no advantage for playing with a bigger stack. That's because the winner is the one with the highest percentage of profit and not the actual amount.

For example, you start the competition with 1 BTC and ends it with 2 BTC. You made a profit of 100%.

Someone else starts the competition with 100 BTC and ends with 150 BTC. He made a profit of 50%. You still win because your ROI (return on investment) is higher.

We specifically created the competition rules in a way that provides a playing level field for everyone.

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August 18, 2015, 03:29:38 PM
 #20

how will you know if the bets are correct ? where do we need to place are betting slips,and do we post them before a game?

All bets that you place as part of this competition need to be placed for real on our website. This will allow us to track the progress of each tipster and create the leaderboard.

If you want to participate but you don't want to risk much - that's not a problem. You can state that your bankroll is 10,000 DOGE for example and play with them. That's equivalent to 0.005 BTC and that's all you have to risk !

There is no advantage for playing with a bigger stack. That's because the winner is the one with the highest percentage of profit and not the actual amount.

For example, you start the competition with 1 BTC and ends it with 2 BTC. You made a profit of 100%.

Someone else starts the competition with 100 BTC and ends with 150 BTC. He made a profit of 50%. You still win because your ROI (return on investment) is higher.

We specifically created the competition rules in a way that provides a playing level field for everyone.
what if i lose my bankroll?can i rejoin again or im out

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