Introduction to vBetting - Page 2 - MensTennisForums.com

MensTennisForums.com

MenstennisForums.com is the premier Men's Tennis forum on the internet. Registered Users do not see the above ads.Please Register - It's Free!

Reply

Old 07-05-2004, 06:11 PM   #16
country flag wtn_amanda
Registered User
 
wtn_amanda's Avatar
 
Join Date: Jul 2002
Location: New York
Posts: 7,200
wtn_amanda has a reputation beyond reputewtn_amanda has a reputation beyond reputewtn_amanda has a reputation beyond reputewtn_amanda has a reputation beyond reputewtn_amanda has a reputation beyond reputewtn_amanda has a reputation beyond reputewtn_amanda has a reputation beyond reputewtn_amanda has a reputation beyond reputewtn_amanda has a reputation beyond reputewtn_amanda has a reputation beyond reputewtn_amanda has a reputation beyond repute
Default Re: Introduction to vBetting

Quote:
Originally Posted by kartveteran
I think this is a very cool idea. I allways wondered if I'd have a chance to beat the odds at the William Hill bookmaker for tennis, if I'd pick my matches very selectively. I'd never try that though, since I just don't want to spend money on gambling.

But now I can try it in this forum. Will you make the odds statistically balanced or will you make the odds lower so the odds-maker will usually win money? For example: if two players have 50% to win a match, will the odds be 1/1 and 1/1? Or will you make them 4/5 and 4/5?

I think you should make sure people can only earn cash by winning bets. So, that the cash score reflects how well someone has done in betting. If you can earn money by other ways such as making posts or by getting rep-points, that will spoil the competition. In the end you won't know anymore which scores were earned by good tennis knowledge, and which scores were just earned by making posts.

What about allowing negative cash scores? If someone loses all his money, he's still allowed to bet, but only by 1$ each bet. That way if he's lucky he can work his way up again until he has enough money for bigger bets again, and if he's unlucky, his cash score will just become more negative. But he'll still have the option to keep on betting.
I'm glad you the like the concept.

Odds are compiled based on real market offerings so there will be those evil over-rounds. For example: an even money shot (2.00) will be competing with a favourite priced at around 9/10 (1.90). It makes the game more realistic though - you'll have an idea how you might be doing in the real world losing real money.

We wont be offering bonus vCash for reputation points as that system is being openly abused. We are planning on offering vCash rewards though if you introduce/invite a friend to MensTennisForums.com/vBetting. This happens in the real world too, so it's not completely unrealistic and it's a rewarding way to invite you friends to join the game.

When an account falls to zero, it will be topped back up to $10 the next time we add a market. So if you see anyone with a vCash balance of $10, you know they're doing as badly as is humanly possibly.

I hope that answers all your questions.
wtn_amanda is offline View My Blog!   Reply With Quote
Sponsored Links
Advertisement
 

Old 07-05-2004, 07:53 PM   #17
azza
Registered User
 
azza's Avatar
 
Join Date: Jun 2003
Location: australia,Sydney
Age: 24
Posts: 4,880
azza has a reputation beyond reputeazza has a reputation beyond reputeazza has a reputation beyond reputeazza has a reputation beyond reputeazza has a reputation beyond reputeazza has a reputation beyond reputeazza has a reputation beyond reputeazza has a reputation beyond reputeazza has a reputation beyond reputeazza has a reputation beyond reputeazza has a reputation beyond repute
Default Re: Introduction to vBetting

Wow good game
__________________
Sexy red.
azza is offline View My Blog!   Reply With Quote
Old 07-05-2004, 09:43 PM   #18
country flag CooCooCachoo
MONSOON season.
 
CooCooCachoo's Avatar
 
Join Date: Jan 2004
Location: Upstate New York
Age: 28
Posts: 72,285
CooCooCachoo has a reputation beyond reputeCooCooCachoo has a reputation beyond reputeCooCooCachoo has a reputation beyond reputeCooCooCachoo has a reputation beyond reputeCooCooCachoo has a reputation beyond reputeCooCooCachoo has a reputation beyond reputeCooCooCachoo has a reputation beyond reputeCooCooCachoo has a reputation beyond reputeCooCooCachoo has a reputation beyond reputeCooCooCachoo has a reputation beyond reputeCooCooCachoo has a reputation beyond repute
Default Re: Introduction to vBetting

It's a very BAD idea!



It's already got me addicted

Now we need the Betters Anonymous for me !
__________________
BEMELMANS | CHARDY | CHIUDINELLI
CIPOLLA| ROGER-VASSELIN | MCGEE




Bachinger|Brands|Broady|Clezar|Crivoi|Crugnola|Cue vas|Eysseric|Giannessi|Granollers
Grigelis|Huta Galung|Ilhan|Korolev|Kudla|Al. Kuznetsov|Lammer|Mannarino
Menendez|Naso|Paire|Peliwo|Polansky|Robert|Smyczek |J. Sousa|Sweeting

CooCooCachoo is offline View My Blog!   Reply With Quote
Old 07-05-2004, 09:45 PM   #19
country flag TheBoiledEgg
Registered User
 
TheBoiledEgg's Avatar
 
Join Date: Jul 2002
Location: in Woop Woop Land
Posts: 17,683
TheBoiledEgg has a reputation beyond reputeTheBoiledEgg has a reputation beyond reputeTheBoiledEgg has a reputation beyond reputeTheBoiledEgg has a reputation beyond reputeTheBoiledEgg has a reputation beyond reputeTheBoiledEgg has a reputation beyond reputeTheBoiledEgg has a reputation beyond reputeTheBoiledEgg has a reputation beyond reputeTheBoiledEgg has a reputation beyond reputeTheBoiledEgg has a reputation beyond reputeTheBoiledEgg has a reputation beyond repute
Default Re: Introduction to vBetting

me back from hols ....... nice idea

if u lose too much money........ give them an overdraft with loan-shark type repayments
__________________
Good luck to all my favs in 2013 especially
*Mikhail Youzhny*Igor Andreev*Nikolay Davydenko*Dmitry Tursunov*Evgeny Korolev
*Haas*Ferrero*Federer*Nalbandian*
Berdych*Tsonga*Nishikori*Chardy

Goodbye Marat 1996-2009
TheBoiledEgg is offline View My Blog!   Reply With Quote
Old 07-06-2004, 02:32 AM   #20
country flag Raquel
Registered User
 
Raquel's Avatar
 
Join Date: Nov 2002
Posts: 5,559
Raquel has a reputation beyond reputeRaquel has a reputation beyond reputeRaquel has a reputation beyond reputeRaquel has a reputation beyond reputeRaquel has a reputation beyond reputeRaquel has a reputation beyond reputeRaquel has a reputation beyond reputeRaquel has a reputation beyond reputeRaquel has a reputation beyond reputeRaquel has a reputation beyond reputeRaquel has a reputation beyond repute
Default Re: Introduction to vBetting

Can i just get one thing straight? I feel almost stupid asking but in the example given in post 1 - 2/1 on Federer, $10 bet becomes $20 + stake = $30. That's fine.

But if someone is 9/10 then would you lose money? Because if you put $10 on that, you would only win $9? Or is it the $9 + the stake = $19?

I am just not sure if you make a profit when it is 1/2 as well as when it is 2/1?
__________________
Proud Passenger on the Federer Express
Come on Muzza!
Vamos Juan Carlos Ferrero - keep battling JC!
C'mon Lleyton!
HoPp FuNkY Flo!
Raquel is offline View My Blog!   Reply With Quote
Old 07-06-2004, 02:58 AM   #21
WyveN
Banned!
 
Join Date: Feb 2004
Posts: 4,957
WyveN has a reputation beyond reputeWyveN has a reputation beyond reputeWyveN has a reputation beyond reputeWyveN has a reputation beyond reputeWyveN has a reputation beyond reputeWyveN has a reputation beyond reputeWyveN has a reputation beyond reputeWyveN has a reputation beyond reputeWyveN has a reputation beyond reputeWyveN has a reputation beyond reputeWyveN has a reputation beyond repute
Default Re: Introduction to vBetting

Quote:
Originally Posted by Raquel
But if someone is 9/10 then would you lose money? Because if you put $10 on that, you would only win $9? Or is it the $9 + the stake = $19?
?
Correct. You would win $19.
WyveN is offline View My Blog!   Reply With Quote
Old 07-06-2004, 05:56 AM   #22
country flag Lalitha
Registered User
 
Lalitha's Avatar
 
Join Date: Feb 2004
Location: India
Posts: 4,494
Lalitha has a reputation beyond reputeLalitha has a reputation beyond reputeLalitha has a reputation beyond reputeLalitha has a reputation beyond reputeLalitha has a reputation beyond reputeLalitha has a reputation beyond reputeLalitha has a reputation beyond reputeLalitha has a reputation beyond reputeLalitha has a reputation beyond reputeLalitha has a reputation beyond reputeLalitha has a reputation beyond repute
Default Re: Introduction to vBetting

This is'nt my cup of tea. But good luck to everyone playing the game.
__________________
A hero is no braver than an ordinary man, but he is braver five minutes longer - Ralph Waldo Emerson.
Lalitha is offline View My Blog!   Reply With Quote
Old 07-06-2004, 08:27 AM   #23
country flag Lady
Registered User
 
Lady's Avatar
 
Join Date: Jul 2003
Location: Russian girl from Riga, Latvia
Age: 32
Posts: 1,984
Lady has a reputation beyond reputeLady has a reputation beyond reputeLady has a reputation beyond reputeLady has a reputation beyond reputeLady has a reputation beyond reputeLady has a reputation beyond reputeLady has a reputation beyond reputeLady has a reputation beyond reputeLady has a reputation beyond reputeLady has a reputation beyond reputeLady has a reputation beyond repute
Default Re: Introduction to vBetting

Wow! it's really interesting concept!! Great idea!!
__________________
Rafa * Justine
Lady is offline View My Blog!   Reply With Quote
Old 07-06-2004, 11:43 AM   #24
country flag Raquel
Registered User
 
Raquel's Avatar
 
Join Date: Nov 2002
Posts: 5,559
Raquel has a reputation beyond reputeRaquel has a reputation beyond reputeRaquel has a reputation beyond reputeRaquel has a reputation beyond reputeRaquel has a reputation beyond reputeRaquel has a reputation beyond reputeRaquel has a reputation beyond reputeRaquel has a reputation beyond reputeRaquel has a reputation beyond reputeRaquel has a reputation beyond reputeRaquel has a reputation beyond repute
Default Re: Introduction to vBetting

Quote:
Originally Posted by WyveN
Correct. You would win $19.
Thanks WyveN
__________________
Proud Passenger on the Federer Express
Come on Muzza!
Vamos Juan Carlos Ferrero - keep battling JC!
C'mon Lleyton!
HoPp FuNkY Flo!
Raquel is offline View My Blog!   Reply With Quote
Old 07-06-2004, 05:11 PM   #25
Experimentee
Registered User
 
Experimentee's Avatar
 
Join Date: Jul 2002
Posts: 4,274
Experimentee has a reputation beyond reputeExperimentee has a reputation beyond reputeExperimentee has a reputation beyond reputeExperimentee has a reputation beyond reputeExperimentee has a reputation beyond reputeExperimentee has a reputation beyond reputeExperimentee has a reputation beyond reputeExperimentee has a reputation beyond reputeExperimentee has a reputation beyond reputeExperimentee has a reputation beyond reputeExperimentee has a reputation beyond repute
Default Re: Introduction to vBetting

Sounds very interesting! I will be playing, i already started by making two bets

Raquel, I didnt understand the same thing you asked! Thanks for having it cleared up!
I always thought you could lose money if u picked the favourite, but obviously not!
Experimentee is offline View My Blog!   Reply With Quote
Old 07-06-2004, 06:23 PM   #26
country flag I♥PsY@Mus!c
Registered User
 
I♥PsY@Mus!c's Avatar
 
Join Date: Feb 2004
Posts: 12,684
I♥PsY@Mus!c has a reputation beyond reputeI♥PsY@Mus!c has a reputation beyond reputeI♥PsY@Mus!c has a reputation beyond reputeI♥PsY@Mus!c has a reputation beyond reputeI♥PsY@Mus!c has a reputation beyond reputeI♥PsY@Mus!c has a reputation beyond reputeI♥PsY@Mus!c has a reputation beyond reputeI♥PsY@Mus!c has a reputation beyond reputeI♥PsY@Mus!c has a reputation beyond reputeI♥PsY@Mus!c has a reputation beyond reputeI♥PsY@Mus!c has a reputation beyond repute
Talking Re: Introduction to vBetting

Amazing game!!!I really enjoy it!!!Thanks you to create this!!!
__________________

Cheer for: Ljubicic Gonzalez Murray Mahut Soderling Tipsarevic Mathieu Simon Muller Tsonga Berdych Kohlschreiber Wawrinka Acasuso Almagro O.Rochus Kiefer...
I♥PsY@Mus!c is offline View My Blog!   Reply With Quote
Old 07-07-2004, 06:19 AM   #27
Spikey_Todd Reid_#1Fan
Registered User
 
Spikey_Todd Reid_#1Fan's Avatar
 
Join Date: Oct 2003
Age: 27
Posts: 527
Spikey_Todd Reid_#1Fan has a reputation beyond reputeSpikey_Todd Reid_#1Fan has a reputation beyond reputeSpikey_Todd Reid_#1Fan has a reputation beyond reputeSpikey_Todd Reid_#1Fan has a reputation beyond reputeSpikey_Todd Reid_#1Fan has a reputation beyond reputeSpikey_Todd Reid_#1Fan has a reputation beyond reputeSpikey_Todd Reid_#1Fan has a reputation beyond reputeSpikey_Todd Reid_#1Fan has a reputation beyond reputeSpikey_Todd Reid_#1Fan has a reputation beyond reputeSpikey_Todd Reid_#1Fan has a reputation beyond reputeSpikey_Todd Reid_#1Fan has a reputation beyond repute
Default Re: Introduction to vBetting

Interesting, I'd like to master Betting before I actually start doing it in real life
__________________
Tennis Mag M: Which players do you prefer to watch on ATP ?

A.Myskina: I love to watch Roger Federer. He's a great player. All he does is sensationnal. Forehand, backhand, everything. Physically speaking, i'd say Todd Reid, the young Australian (laughing).

[marquee]Also a fan of: Andreev, Volandri, Clement, Robredo & Roddick[/marquee]

clare bowditch ROCKS
Spikey_Todd Reid_#1Fan is offline View My Blog!   Reply With Quote
Old 07-07-2004, 08:12 AM   #28
country flag Arcadion
Registered User
 
Join Date: Jun 2004
Location: Perth
Posts: 180
Arcadion has a reputation beyond reputeArcadion has a reputation beyond reputeArcadion has a reputation beyond reputeArcadion has a reputation beyond reputeArcadion has a reputation beyond reputeArcadion has a reputation beyond reputeArcadion has a reputation beyond reputeArcadion has a reputation beyond reputeArcadion has a reputation beyond reputeArcadion has a reputation beyond reputeArcadion has a reputation beyond repute
Default Re: Introduction to vBetting

What about donations or loans to other users? That would be cool
Arcadion is offline View My Blog!   Reply With Quote
Old 07-07-2004, 09:12 AM   #29
pinky
Registered User
 
pinky's Avatar
 
Join Date: Mar 2004
Posts: 262
pinky has a reputation beyond reputepinky has a reputation beyond reputepinky has a reputation beyond reputepinky has a reputation beyond reputepinky has a reputation beyond reputepinky has a reputation beyond reputepinky has a reputation beyond reputepinky has a reputation beyond reputepinky has a reputation beyond reputepinky has a reputation beyond reputepinky has a reputation beyond repute
Default Re: Introduction to vBetting

Quote:
Originally Posted by Arcadion
What about donations or loans to other users? That would be cool
It has a big ABUSE written all over it
__________________
Good luck to: King Roger, Marat, Andre, Guga, Tim

Queen Justine, Daniela, Elena, Jelena, Tatiana, Babsi, Manu and Timea!

"My own retirement? I don't approach it; it will end up approaching me someday. That's soon enough." Marc Rosset.

"I was pretty nice to the racket all last week. I was surprised how easy it broke. Maybe there is something wrong with it, or I'm too strong." Goran Ivanisevic.
pinky is offline View My Blog!   Reply With Quote
Old 07-07-2004, 04:18 PM   #30
Experimentee
Registered User
 
Experimentee's Avatar
 
Join Date: Jul 2002
Posts: 4,274
Experimentee has a reputation beyond reputeExperimentee has a reputation beyond reputeExperimentee has a reputation beyond reputeExperimentee has a reputation beyond reputeExperimentee has a reputation beyond reputeExperimentee has a reputation beyond reputeExperimentee has a reputation beyond reputeExperimentee has a reputation beyond reputeExperimentee has a reputation beyond reputeExperimentee has a reputation beyond reputeExperimentee has a reputation beyond repute
Default Re: Introduction to vBetting

I dont think we should be able to get extra dollars from posts, rep, or any other form, it could so easily be abused. I dont want to see loads of meaningless posts because someone wants more cash
Experimentee is offline View My Blog!   Reply With Quote
Reply


Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


Copyright (C) Verticalscope Inc
Powered by vBulletin® Version 3.6.8
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
vBCredits v1.4 Copyright ©2007, PixelFX Studios