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Question: What sports do you prefer in a sports betting contest?  (Voting closed: October 27, 2019, 07:05:50 AM)
Soccer - top sport in the world - 10 (21.7%)
NBA - perfect time as season starts this month - 19 (41.3%)
Tennis - 0 (0%)
E-Sport - DOTA2, CSGO, etc - 8 (17.4%)
Others - mention the sport in comment section - 3 (6.5%)
Mixed - combined sports is better - 6 (13%)
Total Voters: 35

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Author Topic: Sports Betting Contest  (Read 475 times)
inthelongrun (OP)
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October 21, 2019, 07:19:48 AM
 #41

Why negative points? I guess this is not a way you may conduct a contest.
A correct prediction is 1 pts while a wrong prediction gets you -1 pts. This simple mechanic allows those that missed the prediction (e.g. traveling, working hours, bad internet, etc.) the chance to stay competitive. This is necessary especially when the tournament is coming to an end.
Plus without deductions on losing predictions, it allow people with more activity the higher chance of winning. I prefer quality over quantity. Matches are held daily and some good predictors may miss some of these matches.


It seems participating in this contest is free of cost? It means you are going to spend 0.02BTC from your own earning? What is the goal of this tournament?

You may have anything as a goal of your contest like these; all these may require your own funds.
1. A contest for spreading awareness of bitcoin payments to rest of people from bitcoiners. (Then this is not an ideal place to conduct a contest as it is a bitcoin community and everyone here already aware of what is bitcoins and its advantages).
2. A contest for introducing a new sport to this community.
3. A contest for making your own gambling business famous.

When a goal is just for fun, it is not an usual practice to spend your own money. You must set an entry fee and there should not be any negative points. There could be a winner for each and every match.

Yes this is free for everyone. The small pool is from my own pocket but I will consider accepting willing sponsors (there will be an escrow). This is purely just for fun. I bet and I wanted to test myself too. I will be joining in this contest too. But I will make sure all matches are at 50/50 (+/- is possible to make matches looked more competitive). I planned for a games like this one or two years ago supposedly on Facebook but failed to materialized. So i'll be doing it here.

Thanks. Smiley
    


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October 21, 2019, 11:18:27 AM
 #42

So more like the winner of the game are the participant who has the highest point.
If you will based it in the entire season of the NBA, this will take time but it would be exciting if the price poll will increase.

And by the way, how many games you will give as choices on a daily basis? mind you that you have to be active all the time also as almost everyday there's an NBA game and we don't want this competition to just stop in the middle when you loss interest, hopefully this will not happen, was just citing a possible scenario.

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October 21, 2019, 03:29:01 PM
 #43

Great idea. Maybe you should do this in our local? that can help bring back the activity there. You can make it open for anyone to participate just like the other running prediction contests in our local. If you need assistance I am willing to help.

Basketball is my favourite sport so I voted for it to become my advantage as well. Cheesy

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October 21, 2019, 06:36:48 PM
 #44

I have voted for soccer which is my favorite sport. I do see some people are suggesting for narrow downing this contest by moving it into their local sub. I am not sure there will be any problem to be having both like simultaneous contests which will be running on here as well as on sub board too.

Like some other people, I am not comfort to play for your own money. If you manage to get some sponsorship then that would be good and also the prize pool may get extended up to some big amounts too. I like to suggest you to go for hunting for sponsors so that you may get more players and the winners too will get big prizes.
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October 22, 2019, 06:56:16 AM
 #45

I vote for first option soccer because rather than other options i think my knowledge mostly for soccer games and besides that i'm sure most of people will interested to joining if soccer will be the winner of this vote because as many people says this sport is the most popular sport in the world but the current results showing NBA as the most voted

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October 22, 2019, 08:41:13 AM
 #46

So more like the winner of the game are the participant who has the highest point.
If you will based it in the entire season of the NBA, this will take time but it would be exciting if the price poll will increase.

And by the way, how many games you will give as choices on a daily basis? mind you that you have to be active all the time also as almost everyday there's an NBA game and we don't want this competition to just stop in the middle when you loss interest, hopefully this will not happen, was just citing a possible scenario.
There is a little chance that this contest will run the whole NBA season given the little prize pool. Probably 3 to 4 months. This is just for fun anyways and it will be free.

Probably there will be daily matches I can post, especially top teams playing against each other is a must. If in case I will be out for some reasons then I will try to ask someone to provide the matches. It won't be that hard imo.


Great idea. Maybe you should do this in our local? that can help bring back the activity there. You can make it open for anyone to participate just like the other running prediction contests in our local. If you need assistance I am willing to help.

Basketball is my favourite sport so I voted for it to become my advantage as well. Cheesy

I did see some contests in our local section that are open to anyone. NBA is leading the poll, and our locals loves basketball a lot. If soccer leads the poll, I don't think it is a good idea in our local section. I will contemplate on this. Probably, less spams because our local section isn't that active.


I have voted for soccer which is my favorite sport. I do see some people are suggesting for narrow downing this contest by moving it into their local sub. I am not sure there will be any problem to be having both like simultaneous contests which will be running on here as well as on sub board too.

Like some other people, I am not comfort to play for your own money. If you manage to get some sponsorship then that would be good and also the prize pool may get extended up to some big amounts too. I like to suggest you to go for hunting for sponsors so that you may get more players and the winners too will get big prizes.
If ever this contest happens to my local section then you can simply put the thread in your watchlist. I will be speaking English there mate. Grin     

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November 02, 2019, 06:48:00 AM
 #47

I will be locking this thread. Thank you for all the comments and suggestions. For those interested to join the NBA prediction tournament feel free to post your picks regularly here https://bitcointalk.org/index.php?topic=5197850.0. I will be waiting. And I want to see how good you are. I am also included in the game. Cheers!

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November 02, 2019, 07:56:13 AM
 #48

I still don't know the duration of this game. I wish I had the funds to make the prize pool big enough to prolong the duration of this contest. I just realized that the best games in NBA (playoffs) and soccer (leagues ending and UEFA) will start in the 2nd quarter of next year.  


Nice game. I have a suggestion to make. The prediction should be based on soccer. It can cut across a number of leagues. Each correct predictions should give anyone that got it right 3 points. Incorrect predictions shouldn't reduce the points instead, It should leave it as it is. You can make the duration of game till the end of the season. The prizes might be increased before then.

Edit: didn't know you've collated suggestions and reached a decision. Would've really liked soccer as NBA isn't really my thing. But I'll participate since I meet all requirements. Who knows?


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