clydebankblitz Posted October 11, 2021 Author Report Share Posted October 11, 2021 Just now, jet28 said: 50k scott Ooooh I was thinking you'd be right on picking yourself at those odds but Scott it is. Quote Link to comment Share on other sites More sharing options...
scottxbandz Posted October 11, 2021 Report Share Posted October 11, 2021 1 minute ago, jet28 said: 50k scott slide dem boiz 2 Quote Link to comment Share on other sites More sharing options...
jet28 Posted October 11, 2021 Report Share Posted October 11, 2021 6 minutes ago, scottxbandz said: slide dem boiz maybe 1 Quote Link to comment Share on other sites More sharing options...
clydebankblitz Posted October 11, 2021 Author Report Share Posted October 11, 2021 Right well I'm off to sleep now so if you wanted to take advantage of the current odds before I adjust anything for fleecing me too much, this would be the time to shoot haha. @gwad12345 I wasn't sure if you pulled the trigger on your one so just lmk if you wanted to stick anything on it. I know it's only 10k, that's why I initially wanted to do 100k cap to make things more interesting but I thought it'd be smarter to do a test run at 50k first haha Quote Link to comment Share on other sites More sharing options...
gwad12345 Posted October 11, 2021 Report Share Posted October 11, 2021 23 minutes ago, clydebankblitz said: Right well I'm off to sleep now so if you wanted to take advantage of the current odds before I adjust anything for fleecing me too much, this would be the time to shoot haha. @gwad12345 I wasn't sure if you pulled the trigger on your one so just lmk if you wanted to stick anything on it. I know it's only 10k, that's why I initially wanted to do 100k cap to make things more interesting but I thought it'd be smarter to do a test run at 50k first haha Yeah, I am putting my money down. 50k or more whatever the max you wanna allow me. 1 Quote Link to comment Share on other sites More sharing options...
Sprooch Posted October 11, 2021 Report Share Posted October 11, 2021 50k on Jet 3 Quote Link to comment Share on other sites More sharing options...
clydebankblitz Posted October 11, 2021 Author Report Share Posted October 11, 2021 FYI any money thats made through betting, if there's a profit, will be reinvested into the tournament. Quote Link to comment Share on other sites More sharing options...
scottxbandz Posted October 11, 2021 Report Share Posted October 11, 2021 18 minutes ago, gwad12345 said: Yeah, I am putting my money down. 50k or more whatever the max you wanna allow me. who let the red belt monke in here we are screwed 1 Quote Link to comment Share on other sites More sharing options...
clydebankblitz Posted October 12, 2021 Author Report Share Posted October 12, 2021 Why's no one threatened by my red belt. Quote Link to comment Share on other sites More sharing options...
gwad12345 Posted October 12, 2021 Report Share Posted October 12, 2021 8 minutes ago, scottxbandz said: who let the red belt monke in here we are screwed Monkey see monkey screw 2 Quote Link to comment Share on other sites More sharing options...
scottxbandz Posted October 12, 2021 Report Share Posted October 12, 2021 nah i spank monke 1 Quote Link to comment Share on other sites More sharing options...
MasterLeader Posted October 12, 2021 Report Share Posted October 12, 2021 6 hours ago, scottxbandz said: who let the red belt monke in here we are screwed Yes indeed 1 Quote Link to comment Share on other sites More sharing options...
scottxbandz Posted October 12, 2021 Report Share Posted October 12, 2021 6 minutes ago, MasterLeader said: Yes indeed another one ? operation spank monke im just kidding tho pls dont take my lunch money 1 Quote Link to comment Share on other sites More sharing options...
Sprooch Posted October 12, 2021 Report Share Posted October 12, 2021 7 hours ago, scottxbandz said: another one ? operation spank monke im just kidding tho pls dont take my lunch money Oh wow. Bold Scottie Bandz 1 Quote Link to comment Share on other sites More sharing options...
clydebankblitz Posted October 12, 2021 Author Report Share Posted October 12, 2021 As it stands; If Scott Bandz wins his group, betters make 350K in profit. If Jet wins his group, betters make 900k in profit. If Jimmy Normal wins his group, betters make 50k in profit. If G Wad wins his group, betters make 10k in profit. As there are no conflicting bets, that leaves the Highland coffers at risk of losing 1.31m on bets alone! That's essentially gambling 1.31m to win 400k from me. Damn haha 1 Quote Link to comment Share on other sites More sharing options...
scottxbandz Posted October 12, 2021 Report Share Posted October 12, 2021 1 hour ago, clydebankblitz said: As it stands; If Scott Bandz wins his group, betters make 350K in profit. If Jet wins his group, betters make 900k in profit. If Jimmy Normal wins his group, betters make 50k in profit. If G Wad wins his group, betters make 10k in profit. As there are no conflicting bets, that leaves the Highland coffers at risk of losing 1.31m on bets alone! That's essentially gambling 1.31m to win 400k from me. Damn haha yes but all the odds that someone loses are way higher so they are pretty in your favor still 1 Quote Link to comment Share on other sites More sharing options...
clydebankblitz Posted October 12, 2021 Author Report Share Posted October 12, 2021 1 minute ago, scottxbandz said: yes but all the odds that someone loses are way higher so they are pretty in your favor still We'll see haha. I wanted to set realistic odds as per a bookie (ie. giving someone like Jet much longer odds than he deserved, but because you want people to bet) but I chickened out of doing 100k cause there might have been a route for me to lose like 10mil or something haha. The money is just getting reinvested into bonuses or paying off the test org anyways. Quote Link to comment Share on other sites More sharing options...
gwad12345 Posted October 12, 2021 Report Share Posted October 12, 2021 53 minutes ago, clydebankblitz said: We'll see haha. I wanted to set realistic odds as per a bookie (ie. giving someone like Jet much longer odds than he deserved, but because you want people to bet) but I chickened out of doing 100k cause there might have been a route for me to lose like 10mil or something haha. The money is just getting reinvested into bonuses or paying off the test org anyways. You have a gigantic rake. Just look at the implied probability for everyone by group. Taking just my group - G Wad - 1/5 - i.e. 83% implied chance to win Mickey Rafferty - 3/2 - i.e. 40% implied chance to win Aydan The Wandering Spirit - 3/2 - i.e. 40% implied chance to win Ben Hornby - 3/1 - i.e. 25% implied chance to win Actually Group C looks like it's not insanely priced. All the others do though lol 1 Quote Link to comment Share on other sites More sharing options...
clydebankblitz Posted October 12, 2021 Author Report Share Posted October 12, 2021 8 minutes ago, gwad12345 said: You have a gigantic rake. Just look at the implied probability for everyone by group. Taking just my group - G Wad - 1/5 - i.e. 83% implied chance to win Mickey Rafferty - 3/2 - i.e. 40% implied chance to win Aydan The Wandering Spirit - 3/2 - i.e. 40% implied chance to win Ben Hornby - 3/1 - i.e. 25% implied chance to win Actually Group C looks like it's not insanely priced. All the others do though lol So to make it completely "standard" I'd want to have it around 100% chance implied chance to win between all 4, and then I can play around with incentivising extras? This is the exact reason I didn't do 100k and just allow free for all, I wasn't knowledgeable enough haha Quote Link to comment Share on other sites More sharing options...
gwad12345 Posted October 12, 2021 Report Share Posted October 12, 2021 1 minute ago, clydebankblitz said: So to make it completely "standard" I'd want to have it around 100% chance implied chance to win between all 4, and then I can play around with incentivising extras? This is the exact reason I didn't do 100k and just allow free for all, I wasn't knowledgeable enough haha Yea if its 100 that would mean zero rake. So normally it should be a bit above 100 but anywhere close to 200 is a little much lol Quote Link to comment Share on other sites More sharing options...
clydebankblitz Posted October 12, 2021 Author Report Share Posted October 12, 2021 1 minute ago, gwad12345 said: Yea if its 100 that would mean zero rake. So normally it should be a bit above 100 but anywhere close to 200 is a little much lol Haha good to know. So if I was going to run my own generated odds like this again, something like... G Wad - 1/2 (66%) Mickey Rafferty - 4/1 (20%) Aydan The Wandering Spirit - 4/1 (20%) Ben Hornby - 7/1 (12.5%) ...would be a better reflection? 1 Quote Link to comment Share on other sites More sharing options...
MasterLeader Posted October 12, 2021 Report Share Posted October 12, 2021 2 hours ago, clydebankblitz said: Haha good to know. So if I was going to run my own generated odds like this again, something like... G Wad - 1/2 (66%) Mickey Rafferty - 4/1 (20%) Aydan The Wandering Spirit - 4/1 (20%) Ben Hornby - 7/1 (12.5%) ...would be a better reflection? Nah I think what you’ve done is fine - if people don’t want to bet then they won’t. You’re just playing it safe 1 Quote Link to comment Share on other sites More sharing options...
clydebankblitz Posted October 12, 2021 Author Report Share Posted October 12, 2021 3 hours ago, MasterLeader said: Nah I think what you’ve done is fine - if people don’t want to bet then they won’t. You’re just playing it safe We'll see how it goes this time anyways. I do think it'd be cool to have an extra layer of excitement in knowing you've got 100k on the line but also might win 500k or something, but I don't wanna do anything too stupid too soon. Quote Link to comment Share on other sites More sharing options...
scottxbandz Posted October 13, 2021 Report Share Posted October 13, 2021 2 hours ago, clydebankblitz said: We'll see how it goes this time anyways. I do think it'd be cool to have an extra layer of excitement in knowing you've got 100k on the line but also might win 500k or something, but I don't wanna do anything too stupid too soon. i love having the bets bro! you did fine honestly.. its def got me more hype 1 Quote Link to comment Share on other sites More sharing options...
scottxbandz Posted October 13, 2021 Report Share Posted October 13, 2021 WHAT KINDA FIGHTERS YALL MAKIN 2 Quote Link to comment Share on other sites More sharing options...
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