Quote from: Saint-loup on Today at 01:18:20 AM

Quote from: vennali on March 12, 2021, 07:40:43 PM

Quote from: Timelord2067 on March 12, 2021, 01:12:38 AM

Thank you for your invitation, if I'm reading this right you'd like me to list my bets over the next month. Do bets already in play (that are drawn after the 15th of March) count, or is it new bets from the 15th onwards only?

I bet on freebitco.in - Ref link is in my signature Grin

and my bankroll is BTC 0.00510406 -

It might be a little conservative for the game, but my bets are usually only BTC 0.0001

~snip~

That is perfectly alright that you make smaller bets. In fact, It is a lot more durable as well as potentially profitable when you make smaller bets. According to experts in bankroll management(which is neglected by most casual gamblers) the most one should bet with is 5% of your bankroll. Hence, the competition having that said limit in terms of ROI. I'm trying to not just make it a tournament but also (if possible) teach a few things to fellow gamblers.

Regarding your bets, I don't mind it if the bets have already been made but I cannot accept the ones that starts before the tournament does. I will post the link and PM every participants about where to post their bets. Please do so in the respective thread. 2 of the bets you've posted, the event occurs on 14th March, and those wont be counted.

Vennali you should note that Freebitcoin is a mutual betting sportsbook, that means odds are changing along with the amounts bet on each outcomes by bettors. Bettors only know what (final) odds will be used to pay their winnings after the closure, so I don't know how you will manage that.
Moreover big bettors (whales) can quite easily change the odds and manipulate the market. That's not the same way of betting than with a classical sportsbook where odds are fixed once you've placed your bet.

Good point. I'm looking into it right now. At the moment, I think the solution is to consider the estimated odds being displayed at the time of betting. Since, that is the odds that made the bettor place a bet on that event. I will talk to everyone who's betting on freebitco.in and see what they think of it.