Quote from: Saint-loup on Today at 09:45:38 AM

Thank you for these explanations but what is the rule in case of a losing bet, the participant will lose all his stake, not only 5% of his balance right?
Do you plan to update frequently the participant balances in your spreadsheet?
Because participants will have to take those calculation rules into account when they'll place their bets and eventually make the calculations themselves if their balance hasn't been already updated.
Wouldn't it be easier to just not allow for the tournament bets above 5% of the balance? If someone would submit such a bet, the bet would be just not counted for the competition?

I had a thought about it, regarding all ins. For all lost bets, the ROI would be considered depending on the bet amount lost. It wouldn't be capped to 5% bankroll like it would be for profits. I want the contest to be as easy for the forum members as possible. All you have to do is share your bets on the forum, before the matches start. That's basically it. I would not like to impose a set of rules on how to bet etc. Since, I dont think it is very productive. Let the participants decide how much they'd like to bet on a certain event. Its on me to consider it as max 5% of the bankroll and since, its 5% of bankroll for everyone. Thus ensuring that its fair on all participants.

About updating the spreadsheet. I will update it everyday, at the end of the day. Will dedicate 1-2hrs everyday for calculations, maintenance etc. So, you can just go through the sheet and see where you stand on a daily basis.

Quote from: entebah on Today at 12:01:13 PM

Quote from: Saint-loup on Today at 09:45:38 AM

Wouldn't it be easier to just not allow for the tournament bets above 5% of the balance? If someone would submit such a bet, the bet would be just not counted for the competition?

i believe this is a good solution for OP and make it 1 of the rules for this competition

Explained above.

Quote from: coin.princess on Today at 02:29:10 PM

Quote from: Cratoon on Today at 02:22:06 PM

Maharaja of bitcointalk sounds cool Grin

yes, the name of Maharaja calls something mysterious in some way. Only not sure what kind of way. Could also be a perfect name for a new movie.
but seriously, the tipster competition could be a good one, if you have some experiences users.

Thanks, I think it sounds very cool too. Grin

. I mean, I'd like to be called the Maharaja of Bitcointalk haha. We do have experienced users in the competition but the more participants the merrier. Please do join in if you are into sports betting or you know someone who is. The only rule that a participant has to follow is that they have to post their bets on the forum before the match starts. Be it a single bet or a parlay. IT is very simple. Leave the complex stuff as calculating the ROI etc to me. Cool