Bitcoin Forum
June 16, 2019, 05:49:50 AM *
News: Latest Bitcoin Core release: 0.18.0 [Torrent] (New!)
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Baseball season opens next week. Interested?  (Read 355 times)
Kinoball
Newbie
*
Offline Offline

Activity: 14
Merit: 0


View Profile
March 24, 2014, 10:34:43 PM
 #1

Hi guys, I am working on a mobile app to bet on baseball. It has a different approach to the ordinary bet on a team scheme known to all of us.

I want to introduce a kiniela format where the player has to pick a team in all games of the day and the one with most winners takes all the jackpot home. If two or more pick the most winners they split the jackpot evenly. So for example if a thousand people bet ten mbtc each (the price of a playing ticket) then the winner takes ten thousand mbtc in his pocket.

This way of betting is very popular in soccer around the world and I would like to introduce it to baseball first, then to basketball, football and hockey in the future depending on its acceptance.

Let me know what you think.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1560664190
Hero Member
*
Offline Offline

Posts: 1560664190

View Profile Personal Message (Offline)

Ignore
1560664190
Reply with quote  #2

1560664190
Report to moderator
StinkyS4L
Sr. Member
****
Offline Offline

Activity: 300
Merit: 250


View Profile
March 25, 2014, 02:27:30 AM
 #2

Good idea. It's like a daily picks contest. Maybe you should make the payout tiered depending on how many entries you have.

Kinoball
Newbie
*
Offline Offline

Activity: 14
Merit: 0


View Profile
March 25, 2014, 02:44:52 AM
 #3

Here is a screenshot of the app:

http://i.imgur.com/xc49d9h.png

And here how you would pick the teams and play:

http://i.imgur.com/Ylvc5oj.png

Winner takes all. That's the good thing so the jackpot is big. I've been running simulations with a thousand and ten thousand players, of course the more players the more winners since there are approximately 15 games a day and two possible outcomes per game win/lose so the odds are 2^15 even though favorite teams are more likely to win so the odds get reduced to one in a thousand.

If you want to be a tester let me know to put the link to the app available for download.

* Still fixing some bugs
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!