Introduction to vBetting - 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 07-04-2004, 11:39 PM   #1
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 Introduction to vBetting

Brief Introduction
So you think you can accurately predict who the winner(s) of tennis matches will be, who will win the big tournaments each week and when the favourites will lose? Now you have the chance to prove it! vBetting is the ultimate sports betting online simulation that can be played everyday on MensTennisForums.com.

About vCash
Each MensTennisForums.com member is automatically credited with $50 worth of vCash (virtual cash) to spend in our vBetting shop. Each day we will add new markets where you can bet vCash on winners of the days matches, tournaments and other specials. Bet on a winner and your stake will be returned to your vCash account, plus the winnings.

About The Odds
Different odds are offered on each outcome. The most likely outcome is given a short price, whilst the least likely outcome (i.e. Tim Henman winning Wimbledon ) is priced with more generous odds where you can win more virtual money.

For example:
Roger Federer to win Wimbledon might be priced at 2/1
This means for every $10 you bet, you win $20 profit in vCash + your stake back IF Roger Federer wins Wimbledon. Total return: $30. Any other outcome would be settled as you losing $10.

Tim Henman to win Wimbledon might be priced at 20/1
This means for every $10 you bet, you win $200 in vCash + your stake back IF Tim Henman wins Wimbledon. Total return: $220. Any other outcome would be settled as you losing $10.

Track Your Bets/Winnings
You can keep a check on your progress by visiting the vBetting shop online at the following address:
http://www.menstennisforums.com/vbookie.php
(This link is also accessible from the GAMES menu on every MensTennisForums web page)

From this page you can see historical bets, wins, losses and current virtual bets yet to be settled. The vBookie also lists the current markets open where you can bet, closed and settled.

Your vCash
Your current vCash account position is displayed in every post you make on MensTennisForums.com - with a link to the vBetting shop. The amount shown will not include any bets you currently have in progress (that is, bets that have not yet been settled by us).

Amass a fortune and you'll impress everyone.... lose all your vCash and people might start questioning if you really know what you're talking about. So be careful.

Last edited by Steve : 12-14-2006 at 02:18 PM.
wtn_amanda is offline View My Blog!   Reply With Quote
Sponsored Links
Advertisement
 

Old 07-05-2004, 12:16 AM   #2
country flag Havok
-LIFETIME MEMBER-
 
Havok's Avatar
 
Join Date: Dec 2002
Location: Montreal
Age: 28
Posts: 9,460
Havok has a reputation beyond reputeHavok has a reputation beyond reputeHavok has a reputation beyond reputeHavok has a reputation beyond reputeHavok has a reputation beyond reputeHavok has a reputation beyond reputeHavok has a reputation beyond reputeHavok has a reputation beyond reputeHavok has a reputation beyond reputeHavok has a reputation beyond reputeHavok has a reputation beyond repute
Default Re: Introduction to vBetting

what if we waste all our money? game over for us
__________________
Andy Roddick.Fernando Verdasco.Richard Gasquet.Tommy Haas





Havok is offline View My Blog!   Reply With Quote
Old 07-05-2004, 12:46 AM   #3
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 Naldo
what if we waste all our money? game over for us
If you waste all your vCash, you'll automatically be credited with some extra vCash the next time we add a betting market to the system. It's a small amount though. You'll have to work very hard to get back from $0 to $500, so try not to waste it.
wtn_amanda is offline View My Blog!   Reply With Quote
Old 07-05-2004, 12:58 AM   #4
country flag Frooty_Bazooty
Registered User
 
Frooty_Bazooty's Avatar
 
Join Date: Jan 2004
Location: Dublin, Ireland
Age: 28
Posts: 5,299
Frooty_Bazooty has a reputation beyond reputeFrooty_Bazooty has a reputation beyond reputeFrooty_Bazooty has a reputation beyond reputeFrooty_Bazooty has a reputation beyond reputeFrooty_Bazooty has a reputation beyond reputeFrooty_Bazooty has a reputation beyond reputeFrooty_Bazooty has a reputation beyond reputeFrooty_Bazooty has a reputation beyond reputeFrooty_Bazooty has a reputation beyond reputeFrooty_Bazooty has a reputation beyond reputeFrooty_Bazooty has a reputation beyond repute
Default Re: Introduction to vBetting

hey amanda, im probably being really cynical about this but why is this happening? is it a company or something trying to advertise or something? Im confused
__________________
Andy Murray ~ Richard Gasquet ***David Nalbandian*** Rafael Nadal ~ Gilles Simon
Paw Ranking (Race) : ? (?)
Brought PAW to MTF in 2004
Year end no. 1 in 2012

PAW Titles : 9 (WIMBLEDON '12, Washington '11, Acapulco '08, Stockholm '07, Houston '05, Monte Carlo TMS '04, Newport '04, Beijing '04, Moscow '04)
Finalist: 15 (Buenos Aires '12, Stockholm '11, Barcelona '11, Queen's 09, Nottingham '08, Las Vegas '08, Adelaide '08, Tokyo '06, St Poelten '06, Australian Open '05, St Poelten '05, Newport '05, Wimbledon '04, Houston '04, Basel '04)
Frooty_Bazooty is offline View My Blog!   Reply With Quote
Old 07-05-2004, 01:19 AM   #5
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

It's just a game we launched for fun. There are no commercial reasons behind us starting this game, we just thought some of you who enjoy betting occasionally might also enjoy playing a game where you can "virtually bet on outcomes" without risk of losing money. We have no plans to start a real betting company yet.
wtn_amanda is offline View My Blog!   Reply With Quote
Old 07-05-2004, 01:25 AM   #6
country flag Frooty_Bazooty
Registered User
 
Frooty_Bazooty's Avatar
 
Join Date: Jan 2004
Location: Dublin, Ireland
Age: 28
Posts: 5,299
Frooty_Bazooty has a reputation beyond reputeFrooty_Bazooty has a reputation beyond reputeFrooty_Bazooty has a reputation beyond reputeFrooty_Bazooty has a reputation beyond reputeFrooty_Bazooty has a reputation beyond reputeFrooty_Bazooty has a reputation beyond reputeFrooty_Bazooty has a reputation beyond reputeFrooty_Bazooty has a reputation beyond reputeFrooty_Bazooty has a reputation beyond reputeFrooty_Bazooty has a reputation beyond reputeFrooty_Bazooty has a reputation beyond repute
Default Re: Introduction to vBetting

it looks like really good fun. will we be able to bet on matches or is it just outright betting?
__________________
Andy Murray ~ Richard Gasquet ***David Nalbandian*** Rafael Nadal ~ Gilles Simon
Paw Ranking (Race) : ? (?)
Brought PAW to MTF in 2004
Year end no. 1 in 2012

PAW Titles : 9 (WIMBLEDON '12, Washington '11, Acapulco '08, Stockholm '07, Houston '05, Monte Carlo TMS '04, Newport '04, Beijing '04, Moscow '04)
Finalist: 15 (Buenos Aires '12, Stockholm '11, Barcelona '11, Queen's 09, Nottingham '08, Las Vegas '08, Adelaide '08, Tokyo '06, St Poelten '06, Australian Open '05, St Poelten '05, Newport '05, Wimbledon '04, Houston '04, Basel '04)
Frooty_Bazooty is offline View My Blog!   Reply With Quote
Old 07-05-2004, 01:31 AM   #7
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 Sparkz
Can we convert winnings to our own currency?? ie: for me it would be british pounds.
No, we just use dollars to represent vCash. Remember the money isn't real - it's virtual cash only for play.
wtn_amanda is offline View My Blog!   Reply With Quote
Old 07-05-2004, 01:33 AM   #8
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 Frooty_Bazooty
it looks like really good fun. will we be able to bet on matches or is it just outright betting?
We will be putting up individual matches too.... so you can play almost everyday if you want. We hope it will add another dimension to following tennis on MensTennisForums.com - because now, you have your vCash to think about when cheering for players.
wtn_amanda is offline View My Blog!   Reply With Quote
Old 07-05-2004, 05:09 AM   #9
WyveN
Registered User
 
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

Pretty interesting
WyveN is offline View My Blog!   Reply With Quote
Old 07-05-2004, 02:20 PM   #10
country flag SuperRevelation
Registered User
 
SuperRevelation's Avatar
 
Join Date: Mar 2004
Location: USA
Age: 26
Posts: 3,656
SuperRevelation has a reputation beyond reputeSuperRevelation has a reputation beyond reputeSuperRevelation has a reputation beyond reputeSuperRevelation has a reputation beyond reputeSuperRevelation has a reputation beyond reputeSuperRevelation has a reputation beyond reputeSuperRevelation has a reputation beyond reputeSuperRevelation has a reputation beyond reputeSuperRevelation has a reputation beyond reputeSuperRevelation has a reputation beyond reputeSuperRevelation has a reputation beyond repute
Default Re: Introduction to vBetting

Amanda, i dont see u betting! lol
__________________
Fernando Gonzalez Nicolas Massu Gael Monfils Marcos Baghdadis

SuperRevelation is offline View My Blog!   Reply With Quote
Old 07-05-2004, 04:07 PM   #11
country flag Peoples
Registered User
 
Peoples's Avatar
 
Join Date: May 2004
Posts: 2,294
Peoples has a reputation beyond reputePeoples has a reputation beyond reputePeoples has a reputation beyond reputePeoples has a reputation beyond reputePeoples has a reputation beyond reputePeoples has a reputation beyond reputePeoples has a reputation beyond reputePeoples has a reputation beyond reputePeoples has a reputation beyond reputePeoples has a reputation beyond reputePeoples has a reputation beyond repute
Default Re: Introduction to vBetting

Wouldn't it be fun if in addition to betting we could also earn vCash by posting, I mean a very little amount? Maybe $1 for 10 posts or something. This way if you lose everything on betting of course it'll be tough but you can recover more quickly.
Peoples is offline View My Blog!   Reply With Quote
Old 07-05-2004, 04:46 PM   #12
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

We will be announcing other ways you can earn extra vCash shortly. So stay tuned for more exciting information about that.

In response to jturpin4, since I am setting up the markets at present, I am effectively betting against all of you at present. Everytime somebody wins, the MTF house loses.... and I am responsible for what those losses amount to in the odds I set.
wtn_amanda is offline View My Blog!   Reply With Quote
Old 07-05-2004, 05:06 PM   #13
country flag Havok
-LIFETIME MEMBER-
 
Havok's Avatar
 
Join Date: Dec 2002
Location: Montreal
Age: 28
Posts: 9,460
Havok has a reputation beyond reputeHavok has a reputation beyond reputeHavok has a reputation beyond reputeHavok has a reputation beyond reputeHavok has a reputation beyond reputeHavok has a reputation beyond reputeHavok has a reputation beyond reputeHavok has a reputation beyond reputeHavok has a reputation beyond reputeHavok has a reputation beyond reputeHavok has a reputation beyond repute
Default Re: Introduction to vBetting

Is this strictly a game for mtf or will we see it also at wtaworld?
__________________
Andy Roddick.Fernando Verdasco.Richard Gasquet.Tommy Haas





Havok is offline View My Blog!   Reply With Quote
Old 07-05-2004, 05:32 PM   #14
country flag kartveteran
Registered User
 
Join Date: Mar 2004
Posts: 120
kartveteran has a reputation beyond reputekartveteran has a reputation beyond reputekartveteran has a reputation beyond reputekartveteran has a reputation beyond reputekartveteran has a reputation beyond reputekartveteran has a reputation beyond reputekartveteran has a reputation beyond reputekartveteran has a reputation beyond reputekartveteran has a reputation beyond reputekartveteran has a reputation beyond reputekartveteran has a reputation beyond repute
Default Re: Introduction to vBetting

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.
kartveteran is offline View My Blog!   Reply With Quote
Old 07-05-2004, 06:01 PM   #15
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 Naldo
Is this strictly a game for mtf or will we see it also at wtaworld?
It's exclusive to MTF at the moment. If the game is popular however, and there's demand on WTAworld.com from other members, there's no reason why the game can't be launched over there too.
wtn_amanda 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