Javelin Tournaments - August 1

[omni]

I'd think it'd be less complicated to just bet against the house.

 

You could use a bot for it, and just start it during each duel of the tourny for people to bet on.

[★ Ceiu]

Actually, betting against the house isn't something I want to do, as it means that there's free money coming from god, essentially (the rich will keep getting richer).

 

Betting against players or requiring someone to seed any prize money would be much better, as this actually requires that someone has acquired it at one point and won't cause inflation.

[omni]

Inflation shouldn't really be a problem since there will be odds that even out the betting, and also people will be losing money to the house as well. I don't really see how betting against other players will work. I think betting against the house would be more popular amongst the players and so it would be worth actually taking the effort to get it running.

[Dr Brain]

"the house" will not be participating in any betting for these matches, but players are welcome to fill the void. A simple method that could be done by a player (or player bot) would be to just pool all of the bets for each match, and distribute the winnings to the players based on how much they put in.

 

player's win money = (player's input money) * (all contributions * 0.90) / (all winners contributions)

 

The 0.90 gives a 10% profit margin for the bookie bot.

[omni]

I think it's too much of a hassle for one small jav tourney. :/

[Masaru]

Today is your last chance to sign up!

[Masaru]

Brackets posted. Good luck everyone!

[Raw-Tard]

too bad i cant make it...sorry gotta make irl money

 

 

good luck to the best of yall. let me knkow the out come

[WallBomb]

im sorry i didnt realize it will start that late in midnight its 10:18pm now here i cant make it need to go work in like 6h and need to sleep Gl to ppls tho