Slots Race with 0.5 BTC added to the prize pool - Would you be interested?

[nakamura12]

IMO, to win this game you will need enough capital to have more points if the winner is determined by points, High points=winner (cost a lot) and low points = lose (won't cost that much) then the prizepool will also increase if the game get a percentage on every btc the players bet and add it on the prizepool.

[1714668292]

1714668292

[panjul07]

IMO, to win this game you will need enough capital to have more points if the winner is determined by points, High points=winner (cost a lot) and low points = lose (won't cost that much) then the prizepool will also increase if the game get a percentage on every btc the players bet and add it on the prizepool.

I dont think that the prize will increase, it is a fixed prize IMO as per explanation by OP. Sure it is a high cost tournament if you are willing to win the prize, but if you join it for fun only and only make the minimim deposit required without any additional deposit then it wont cost you a lot. You may even win big if you are lucky enough, because slots game may give you unexpected big win even with small bet only.

[Bagaji]

Hey All,

Im in a discussion with one of our partners to run an Exclusive Slotrace for bitcointalk members in March.

This is how it works.
Spin to Win at ( Casino XXX ) Slots Race. Play your favorite slots any time from "Monday 1st March to 7th March" and earn Comp points in the Tournament.
Accumulate Comp points during the promotion period, the top 3 players will receive a prize with the top player picking up a cool 0.3 BTC.

you need to register an account and make a do a minimum deposit of 0.03 BTC
Full prize list as follows:
1st place = 0.3 BTC
2 and 3rd place = 0.2 BTC

What do you think,  is this something that you would be interested in?
Or should we change something? or just skip it?

Is there any update on who are have win the competition so far and what is the minimum withdrawal from your site and I don't think there be any increase on the rate although this a reply to those of you guys who are as.

[Twinkledoe]

What do you think,  is this something that you would be interested in?
Or should we change something? or just skip it?

So the overall prize would be 1st = 0.3 btc 2nd= 0.2 btc, 3rd = 0.2btc = Total = 0.7 btc.

Since you haven't mentioned on how many players needed to deposit then I do presume that with the entire prize pool of 0.7 with having a minimum 0.03 btc then it does need 23 players
to accumulate the amount or unless you said you would need 30 players or more.You didn't mention on how much deduction you would get and also
I don't think this will gain some attraction due to high minimum of bet.

We can wait for further details of his project. Because once he established his rules and procedures, we will know how much they will get from it.

The calculation is so easy that we will know beforehand if they are being greedy or not.

[bitcoinisbest]

What do you think,  is this something that you would be interested in?
Or should we change something? or just skip it?

So the overall prize would be 1st = 0.3 btc 2nd= 0.2 btc, 3rd = 0.2btc = Total = 0.7 btc.

Since you haven't mentioned on how many players needed to deposit then I do presume that with the entire prize pool of 0.7 with having a minimum 0.03 btc then it does need 23 players
to accumulate the amount or unless you said you would need 30 players or more.You didn't mention on how much deduction you would get and also
I don't think this will gain some attraction due to high minimum of bet.

We can wait for further details of his project. Because once he established his rules and procedures, we will know how much they will get from it.

The calculation is so easy that we will know beforehand if they are being greedy or not.

Will watch out this space if things go well and as per the planned then might be interested to look at it in details. But for now will see the how the rules and regulations are being maintained and how will they make money and how much approx will benefit us.

[NewCryptocasinos]

Hi, will come with and update today or tomorrow, still waiting for some feedback from the Operators I have been talking to.
Want to make sure this will be a really good Race for everyone. We will do this:)

Best regards

Andreas

[BTCevo]

What do you think,  is this something that you would be interested in?
Or should we change something? or just skip it?

So the overall prize would be 1st = 0.3 btc 2nd= 0.2 btc, 3rd = 0.2btc = Total = 0.7 btc.

Since you haven't mentioned on how many players needed to deposit then I do presume that with the entire prize pool of 0.7 with having a minimum 0.03 btc then it does need 23 players
to accumulate the amount or unless you said you would need 30 players or more.You didn't mention on how much deduction you would get and also
I don't think this will gain some attraction due to high minimum of bet.

We can wait for further details of his project. Because once he established his rules and procedures, we will know how much they will get from it.

The calculation is so easy that we will know beforehand if they are being greedy or not.

It does not matter if they are going to profit for them or not because it is a marketing program, which is they already have this budget to promote their site. And if there are more players they will get more but if only there is not that much players around but most of them is a big players then it will give them some profit as well so there is no way to predict it anyway how this is going to work. This should start in the first place after they putting this much effort

[Caladonian]

What do you think,  is this something that you would be interested in?
Or should we change something? or just skip it?

So the overall prize would be 1st = 0.3 btc 2nd= 0.2 btc, 3rd = 0.2btc = Total = 0.7 btc.

Since you haven't mentioned on how many players needed to deposit then I do presume that with the entire prize pool of 0.7 with having a minimum 0.03 btc then it does need 23 players
to accumulate the amount or unless you said you would need 30 players or more.You didn't mention on how much deduction you would get and also
I don't think this will gain some attraction due to high minimum of bet.

We can wait for further details of his project. Because once he established his rules and procedures, we will know how much they will get from it.

The calculation is so easy that we will know beforehand if they are being greedy or not.

It does not matter if they are going to profit for them or not because it is a marketing program, which is they already have this budget to promote their site. And if there are more players they will get more but if only there is not that much players around but most of them is a big players then it will give them some profit as well so there is no way to predict it anyway how this is going to work. This should start in the first place after they putting this much effort

If they wanted to attract more players, they needed to start this in all cause, as they need to gained trust from other gamblers who's watching and
checking if what can be the outcome of this , they need to be true from their words, if they already allocated the funds they need to take the risk
for more successful journey.

The owners should update people around here to whatever plans they have for this game.

[NewCryptocasinos]

Hey all, here is an update, we have a operator that are interested ( well known for most of you i guess ) Will reveal the name, when we have the structure ready.
I'm trying to create a tournament, that is interesting for the players, and also potential good for the operator.

*The Operator, will Confirm everything here at BitcoinTalk, When we have agreed on the Structure of the Tournament.
And will also be responsible for reports updates and payouts.


Updates
This is what we agreed on so far
*metric to be used for the leaderboard: amount of wagers
* min. amount for a player to qualify: 0.01 BTC
* prize pool to be shared by 3 winners, roughly taking 50+33+16% of the pool
* results to be updated frequently on btctalk
* timeframe: test run throughout the month of march; possibility to run more rounds in case we get good results...

Things yet to be discussed: ( here i need you feedback ) When we have this things in place, we can go ahead and start the tournament.

* min. number of players for the prize pool be become available and to start this tournament.;
25 or more players joining in the prize pool would be 0.15 BTC
for 50+ players the prize pool would be 0.3 BTC? How does this sounds?
Do you guys think this is realistic, and would it be interesting to play it?

* okay for the prizes to be deposited to (Operators) account as credit carrying 1x wager requirements?
* okay to come up with a rule that anyone taking part in the tourney, may not claim any bonus on their deposits (so the wagers would be 'clean' and only come from real money deposits?

Last but not least, Do we need to add something?
See this as a Test tournament, If this works out OK, we can adjust things to future tournaments, if you like it.



Thank you 

Andreas.

[panjul07]

* min. amount for a player to qualify: 0.01 BTC

0.01 minimum deposit or minimum wager or probably like a fee to join?

Do you guys think this is realistic, and would it be interesting to play it?

To be honest it is not interesting tournament for me as it is just like other slots tournament on most bitcoin casinos sites where they have fixed higher prizepool. High rollers wont be interested as well IMO as they will prefer to participate on bigger tournament.

* okay for the prizes to be deposited to (Operators) account as credit carrying 1x wager requirements?

Again, it is not OK for me. Logically, participants are risking their money on the tournament. Why they should risking the prize as well, winners may lose the prize due to the wagering requirement of the prize. May we know which operator is going to support this tournament?

Sorry no offenses for your tournament, just saying my personal opinion. Others may have different opinion. Good luck with the tournament.

[kryptqnick]

Who is going to win? the one who have more spins or the one who have more winning spins?

I think the 0.03BTC minimum deposit term is too much, 0.01BTC would be more appropriate

He said about comp points, means the winners will be those who have the highest points. On the other words, it is a wagering competitions. The more you wager, the more points you get = the higher chance for you to win. It is basically a common tournament, there are many casinos offers this kind of promo.
I have to agree about the minimum deposit, I do even think that it will be better to have no minimum deposit as the main point here is to wager on slot games. Of course the more bankroll the more spins we can make but small deposit might be lucky as well if we win big on the beginning.
Anyway, who will provide the prize?

Thanks for explaining how it's going to work. I also agree on the inaccuracy of the minimum deposit requirement. After all, people will be motivated enough to deposit money so that they wager more than others. At the same time, of course, it makes sense that if the person who wagered more than others actually wagered a really small amount of money, the prize might be too big. That's why I offer the following: why not to make a minimum wager requirement to qualify for each prize instead? IMO it would make much more sense.