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Author Topic: XIII FREE Tipster Competition *Pre-Launch* (Discussion Thread)  (Read 106425 times)
Mediator
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July 18, 2016, 06:38:38 PM
 #1321

The idea for the upcoming competition
In the last competition Tipster Competition (EURO PROMO) the number of participants is less than 100 and a few percent is not actively making bets
do you not wonder why participants decreased?
I'm also not sure what caused the participants of the competition continues to decline but I think the prize is one of the reasons
as we see below a list of prize 

Prizes:
1st - 1,000 mBTC
2nd - 500 mBTC
3rd - 300 mBTC
4th - 200 mBTC
5th - 150 mBTC
6th - 100 mBTC
7th - 50 mBTC

Prize winner 6th and 7th too low ,  98789  ranks 7 received 50 mbtc while he spent more than 50 mbtc to search rank  7
of the total of 100 bets are settled 46 won and 54 lost + draw ( the possibility of negative bankroll )
I know there are bonus 70 mbtc to participants completed 100 bets but it was not easy because it must get 2000 poins ( 10+ x rollover )

So my suggestion to raise the total prize ( just a suggestion )





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July 18, 2016, 06:52:27 PM
 #1322

The idea for the upcoming competition
In the last competition Tipster Competition (EURO PROMO) the number of participants is less than 100 and a few percent is not actively making bets
do you not wonder why participants decreased?
I'm also not sure what caused the participants of the competition continues to decline but I think the prize is one of the reasons
as we see below a list of prize 

Prizes:
1st - 1,000 mBTC
2nd - 500 mBTC
3rd - 300 mBTC
4th - 200 mBTC
5th - 150 mBTC
6th - 100 mBTC
7th - 50 mBTC

Prize winner 6th and 7th too low ,  98789  ranks 7 received 50 mbtc while he spent more than 50 mbtc to search rank  7
of the total of 100 bets are settled 46 won and 54 lost + draw ( the possibility of negative bankroll )
I know there are bonus 70 mbtc to participants completed 100 bets but it was not easy because it must get 2000 poins ( 10+ x rollover )

So my suggestion to raise the total prize ( just a suggestion )


From what i see even im not participated yet, participants decrease and many of participants not active to made any bet because lack of match to choose not because of prize..

For side competition i like the idea the last special competition, but for the next competition it must have more group and bigger tournament..
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July 18, 2016, 07:01:06 PM
 #1323




From what i see even im not participated yet, participants decrease and many of participants not active to made any bet because lack of match to choose not because of prize..

For side competition i like the idea the last special competition, but for the next competition it must have more group and bigger tournament..

Did you check out the competition before? Tipster Competition VI the same thing continues to decline
Moreover, it is only one reason not the main reason , can you imagine the competition without a prize?

side competition I agree   but I think not many people know it let's look at the next competition if more participants





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July 18, 2016, 09:57:52 PM
 #1324


Did you check out the competition before? Tipster Competition VI the same thing continues to decline
Moreover, it is only one reason not the main reason , can you imagine the competition without a prize?

side competition I agree   but I think not many people know it let's look at the next competition if more participants


hmm I think you are wrong about the VI Competition at least. There was an increase from V to VI, I think they actually had a record of participants on the VI, around 140 or something like that, and full prizes were paid. I think the problem on this one was because it was dedicated only to Euro and Copa America, and maybe that was not even the full problem. It started in a shorter interval from the V competition and there was a smaller time period for registration. Maybe that was the main reason, but we will see it on this one since it looks they will have more time to prepare it.

Nothing against bigger prizes of course xD
Just sharing my thoughts, about what I think it was the real "problem".


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July 19, 2016, 01:18:13 AM
 #1325

Prize winner 6th and 7th too low ,  98789  ranks 7 received 50 mbtc while he spent more than 50 mbtc to search rank  7
of the total of 100 bets are settled 46 won and 54 lost + draw ( the possibility of negative bankroll )

As patt0 said, I would not oppose to bigger prizes Grin. But as I complain when I think something is unfair (like the exploitable bonus system in the last side competition), I also have to clarify (?) when something is not.

First, I received just 25. The prizes were cut in half this time, I do not even know if they kept the number of users required or they halved it (they should have, I think, since because of the shorter registration period, less people registered). I only deposited 30 mBTC, at first I started super bad and my bankroll felt to around 6 or 7. Later I began to recover and it rose to ~20. Then that amazing game of Argentina came and my ROI sky-rocketed, along with my BTC (I ended with 74 mBTC, I think). Then I busted it, but playing on their casino xD (I later recovered, but risking much more BTC). I have participated in 5 or 6 competitions and so far have failed to unlock the participation prize only once (that time I was really Mr. Bad Luck, I also busted almost all the 90 mBTC I had won via daily challenges). Summarizing, my point is: I ended with positive balance, even without the prize, and risked just 30. We also have to remember that Directbet is a business, and their main focus is profit, but if the idea is that we do not lose BTC, then we could play with some sort of chips.

I would like to see a competition with no 13% bonus, that is another exploitable feature! (as we have already seen). What is the point of it*?, encourage bigger bets? (at super-low odds). I got into the top 7 thanks to Saturn who got greedy and tried to chase the top 3.

What do you (all) think?

* To hide how much have we, eventually, lost? (i.e. to make us believe we are in green numbers when we are in fact redder than the USSR flag?).

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July 19, 2016, 03:42:29 AM
 #1326

I got into the top 7 thanks to Saturn who got greedy and tried to chase the top 3.
Embarrassingly true. Grin
It was a horrible choice for me but at least some people benefited from it. Tongue
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July 19, 2016, 06:06:00 PM
 #1327

Being silent reader for the last 2 competition because lack of forum account and still dunno rules on this forum...
But i just noticed the important thing from 2 post above my post here about 13% bonus on %ROI (not real money bonus), it make me a bit confused what for that bonus?  If just to make easy to know the winner, i think its not hard to see it because the chance for participants had same ROI were very very small...

Note: any chance for me to joint on this competition (next one)




Did you check out the competition before? Tipster Competition VI the same thing continues to decline
Moreover, it is only one reason not the main reason , can you imagine the competition without a prize?

side competition I agree   but I think not many people know it let's look at the next competition if more participants


hmm I think you are wrong about the VI Competition at least. There was an increase from V to VI, I think they actually had a record of participants on the VI, around 140 or something like that, and full prizes were paid. I think the problem on this one was because it was dedicated only to Euro and Copa America, and maybe that was not even the full problem. It started in a shorter interval from the V competition and there was a smaller time period for registration. Maybe that was the main reason, but we will see it on this one since it looks they will have more time to prepare it.

Nothing against bigger prizes of course xD
Just sharing my thoughts, about what I think it was the real "problem".


Thx patt0 to give explanation in better English than me (i want post nearly same like you but hard to do it i English)


#sorry for my English
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July 19, 2016, 09:07:40 PM
 #1328

I got into the top 7 thanks to Saturn who got greedy and tried to chase the top 3.
Embarrassingly true. Grin
It was a horrible choice for me but at least some people benefited from it. Tongue

Hello Saturn643, to be honest I was not too crazy about your coming in the top7 Wink
France had to win, all was done for it, I know one guy on Facebook lost 54.000eu.
Portugal won, great game, four finals they got one. I'm french and supported Portugal and football.

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July 19, 2016, 11:13:41 PM
 #1329

The idea for the upcoming competition
In the last competition Tipster Competition (EURO PROMO) the number of participants is less than 100 and a few percent is not actively making bets
do you not wonder why participants decreased?
I'm also not sure what caused the participants of the competition continues to decline but I think the prize is one of the reasons

So my suggestion to raise the total prize ( just a suggestion )


Did you check out the competition before? Tipster Competition VI the same thing continues to decline
Moreover, it is only one reason not the main reason , can you imagine the competition without a prize?

side competition I agree   but I think not many people know it let's look at the next competition if more participants

Thank you for your suggestion. We would love to rise prizes, but to be honest, and although it could help, I don't think it would solve it.
First, our competition with most participants was actually the VI Competition, where we even paid full prizes, so participation was increasing and not decreasing, where the VII Competition was the exception, but still with decent numbers, given the short time for registration. Remember that we were not going to make an event for Euro 2016, but users were asking for it, so we "rushed" a competition.

Also, another reason for saying that raising the prizes would probably not solve the "problem", is because we had bigger prizes on the III Competition, and the number of participants was inferior, compared to the VI Competition.

I would say that "rushing" the competition did not help, and limiting the bets to Euro and Copa America was a "risk" we decided to take, to please our participants. Of course it wasn't a competition "for all", but I would say it still went quite well given the short time we had to prepare it, and we even made the cool side competition, that I also think it went quite well.

Finally we can't really forget that the point of all this is to keep promoting good tipsters on this forum, that's why we came up with the Hall of Fame now, since we are going to the VIII Competition now, so a pattern of good tipsters on this forum is starting to appear, with so familiar faces on top7. On pair with that, we also create an almost risk free experience in sports betting, because of our participation prize.

As I keep saying I think this is an amazing added value to your bets. You get your profit, you get a participation prize, you can get some decent prizes on our side competitions, and you get a shot at our top7 prizes, that are not that bad. 1 BTC is around $670, even with halved prizes is quite a decent sum, when you are only asked to "risk" 100mBTC (again don't forget our participation prize of 70mBTC). Even if we did not offer a participation prize around 70% of your investment, we were still offering the chance of winning 10x your bankroll.

Like I said, we would love to offer better prizes, but right now I don't see it serving the main purposes of this competition, that is promoting the tipsters of this forum, adding value to your bets, and creating a good/safe experience for those that just start betting.

As for the 13% bonus of your bet stake, is the best way we have to reward those that risk more and make higher bets.

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July 19, 2016, 11:33:32 PM
 #1330




From what i see even im not participated yet, participants decrease and many of participants not active to made any bet because lack of match to choose not because of prize..

For side competition i like the idea the last special competition, but for the next competition it must have more group and bigger tournament..

Did you check out the competition before? Tipster Competition VI the same thing continues to decline
Moreover, it is only one reason not the main reason , can you imagine the competition without a prize?

side competition I agree   but I think not many people know it let's look at the next competition if more participants

1,000 mbtc for 1st prize are quiet fair for 100mbtc bankroll I think, lets make it 300 mbtc bankroll for 3,000 mbtc prize , 500mbtc for 5,000 mbtc prize so on , if people want a bigger prize. What do you think guys?

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July 20, 2016, 09:34:50 AM
 #1331



Like I said, we would love to offer better prizes, but right now I don't see it serving the main purposes of this competition, that is promoting the tipsters of this forum, adding value to your bets, and creating a good/safe experience for those that just start betting.

As for the 13% bonus of your bet stake, is the best way we have to reward those that risk more and make higher bets.

Related 13% bonus if we have to post ID bet on the main thread  or automatically added to the Leaderboard ?
Of 100 bets I just post some bets in the thread simply choose high stakes I was worried it was a spam campaign because there are too many to make post.

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July 20, 2016, 05:14:42 PM
 #1332



Like I said, we would love to offer better prizes, but right now I don't see it serving the main purposes of this competition, that is promoting the tipsters of this forum, adding value to your bets, and creating a good/safe experience for those that just start betting.

As for the 13% bonus of your bet stake, is the best way we have to reward those that risk more and make higher bets.

Related 13% bonus if we have to post ID bet on the main thread  or automatically added to the Leaderboard ?
Of 100 bets I just post some bets in the thread simply choose high stakes I was worried it was a spam campaign because there are too many to make post.

I'm pretty sure it's added automatically, I just don't know if it's added before or after the bet is settled.
As for spam, you can do what many users do. They make a post and then they edit that post to add new bets.


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July 20, 2016, 06:15:20 PM
 #1333




From what i see even im not participated yet, participants decrease and many of participants not active to made any bet because lack of match to choose not because of prize..

For side competition i like the idea the last special competition, but for the next competition it must have more group and bigger tournament..

Did you check out the competition before? Tipster Competition VI the same thing continues to decline
Moreover, it is only one reason not the main reason , can you imagine the competition without a prize?

side competition I agree   but I think not many people know it let's look at the next competition if more participants

1,000 mbtc for 1st prize are quiet fair for 100mbtc bankroll I think, lets make it 300 mbtc bankroll for 3,000 mbtc prize , 500mbtc for 5,000 mbtc prize so on , if people want a bigger prize. What do you think guys?


The concept is the same as the competition 1or 2 I've forgotten , there are two options bankroll  100 mbtc and 1000 mbtc
of course with  different reward participants with bankroll 1000 mbtc will get a bigger reward.
I do not particularly like the concept of it, because it seems there are VIP and non-VIP participants
I prefer the concept now but my suggestion to add  total prize might be a good idea.





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July 20, 2016, 10:16:25 PM
 #1334

1,000 mbtc for 1st prize are quiet fair for 100mbtc bankroll I think, lets make it 300 mbtc bankroll for 3,000 mbtc prize , 500mbtc for 5,000 mbtc prize so on , if people want a bigger prize. What do you think guys?

The concept is the same as the competition 1or 2 I've forgotten , there are two options bankroll  100 mbtc and 1000 mbtc
of course with  different reward participants with bankroll 1000 mbtc will get a bigger reward.
I do not particularly like the concept of it, because it seems there are VIP and non-VIP participants
I prefer the concept now but my suggestion to add  total prize might be a good idea.

That division in bankrolls was tried in the third Tipster Competition, if I'm not mistaken, but it didn't work out as well as one would hope: many participants declared a large bankroll, but were then unable to finish all the required bets, perhaps due to not using a bankroll they were comfortable with. However, we might consider using some version of it again in the future, if you guys want to give it another go. Smiley

In relation to increasing the prizes, I'm afraid that won't be done, at least in this round, for the reasons FrueGreads posted above.





Related 13% bonus if we have to post ID bet on the main thread  or automatically added to the Leaderboard ?
Of 100 bets I just post some bets in the thread simply choose high stakes I was worried it was a spam campaign because there are too many to make post.

I'm pretty sure it's added automatically, I just don't know if it's added before or after the bet is settled.
As for spam, you can do what many users do. They make a post and then they edit that post to add new bets.

It's pretty much as patt0 posted, MadeinCoin; the process of adding the 13% is automatic for each bet and, if you prefer, you can simply add all your bets to one (or a very few) post(s).

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July 20, 2016, 10:18:18 PM
 #1335

Hello everyone, registration for the VIII Tipster Championship is now OPEN!
Everything has been updated so you may register on the registration thread.
Here is the link:
https://bitcointalk.org/index.php?topic=1248467.0

We only need to create the schedule for the side competition.
We will let you know when that is ready on this thread.

As for the prizes, it's like u9y42 said. We did use that "format", of prizes adjusted to bankroll, but it didn't work out that well.
Many users registered high bankrolls to have a chance for bigger prizes, but did not even finished the minimum bets required for prizes, probably because they were not comfortable in making bets of 1% to 5% of their declared bankroll.

So for now we will keep everything in the same format, and then we will see if we need adjustments in the future.

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July 20, 2016, 10:58:52 PM
 #1336

Hello everyone, registration for the VIII Tipster Championship is now OPEN!
Everything has been updated so you may register on the registration thread.
Here is the link:
https://bitcointalk.org/index.php?topic=1248467.0

We only need to create the schedule for the side competition.
We will let you know when that is ready on this thread.

As for the prizes, it's like u9y42 said. We did use that "format", of prizes adjusted to bankroll, but it didn't work out that well.
Many users registered high bankrolls to have a chance for bigger prizes, but did not even finished the minimum bets required for prizes, probably because they were not comfortable in making bets of 1% to 5% of their declared bankroll.

So for now we will keep everything in the same format, and then we will see if we need adjustments in the future.
the bigger "bankroll-bigger prize" format didn't work because there only one option big bankroll that time 1,000 mbtc, how if you make more bankroll option like 200mbtc for additional 30% prize , 300 mbtc bankroll for 50% additional prize , and 500% mbtc for 70% additional prize. what do you think fruegreads ?

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July 21, 2016, 05:38:44 AM
 #1337

In relation to increasing the prizes, I'm afraid that won't be done, at least in this round, for the reasons FrueGreads posted above.

Ok so far I still agree with the old format although still hope in the future it may be added  Grin

Hello everyone, registration for the VIII Tipster Championship is now OPEN!
Everything has been updated so you may register on the registration thread.
Here is the link:
https://bitcointalk.org/index.php?topic=1248467.0
l.

Already register please add me Mediator (1) and Mediator (2)


the bigger "bankroll-bigger prize" format didn't work because there only one option big bankroll that time 1,000 mbtc, how if you make more bankroll option like 200mbtc for additional 30% prize , 300 mbtc bankroll for 50% additional prize , and 500% mbtc for 70% additional prize. what do you think fruegreads ?

It seems too late to discuss it registration is already open might be a good idea for the upcoming competition





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July 21, 2016, 01:50:59 PM
 #1338

the bigger "bankroll-bigger prize" format didn't work because there only one option big bankroll that time 1,000 mbtc, how if you make more bankroll option like 200mbtc for additional 30% prize , 300 mbtc bankroll for 50% additional prize , and 500% mbtc for 70% additional prize. what do you think fruegreads ?

I will have to discuss it with the team and our sponsor. It will not be done for this competition though, for all the reasons we have mentioned, and because registration is already open.

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July 25, 2016, 10:10:30 PM
 #1339

When will we see info on the side competition?
Will it follow the structure of Olympics or something like that, or will it have a different schedule?


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July 26, 2016, 04:34:31 PM
 #1340

When will we see info on the side competition?
Will it follow the structure of Olympics or something like that, or will it have a different schedule?

We don't have a date yet, but it will be announced before the main competition starts.
It will probably have 1 week for group phase, and then 3 days for 1/8 Finals, Quarter Finals and Semi Finals, and 1 day for the Final.

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