Blowing the dust off from a cool idea. (in General)

Eurynome Bartleby [Bartleby's] June 3 2007 4:13 PM EDT

All this CB bank talk got me thinking of an idea that was thrown around a while back.

Never quite forgot about it, even if flaws are probably all over the said idea.

This is gonna take a long while for me to write, so please bear with me if the CB bank thread goes over the ideas expressed here :)

Someone suggested that we could ''invest'' money in people. Just like stock shares, or even horse races. The main idea is, you put an undisclosed amount of CBD ''on'' a player, or a particular Character, and how you profit depends on the performance of it. The sponsored player could get a share of that, maybe.

Performance could be calculated depending on a couple of factors, such as number of battles fought, win percentage, clan points, growth speed, etc...

The amount of money you gain or lose would depend on various factors, such as Newbishness, for example. (as in, investing on a newbie is far more riskier, and therefore profits more)

Yes, I know, some of you will immediately scream ''Multi Magnet''!!
And you'd be right :) Possible solutions to that? First, sponsors of multis would obviously lose all invested money. And be penalized by not being able to invest again until some time has passed. It's all fair, anyways, without risk, you would not profit, eh?

After a year of playing, I have often seen people perform like beasts for a month or two, burning unbelievable amounts of BA, only to quit right after. I have also seen people not perform so well, and then get good strat advice or whatever, then go up the ranks much faster.

What I mean is, there is place for both a way to profit and a way to lose cash. SO it's equally a source of income AND a cash sink. Central Bank would be the source of funds.

I am getting lost in my thoughts, as always. I must be freaking autistic or something :) Anyways, last point! Ten more seconds of focus!

''But I am going to be intelligent and put one thousand billion CBD on Ranger, since all he does is always go up, and up...''

I'd do that too. But since he is at such an high MPR, inverting in him or other top 10 people would net you near zero profit. Bad profit, but reliable. No risk there at all. My whole point lies there. All about intelligent investing.

An other way to make brains work, and an alternative (or supplement) to the sometimes oh-so wrongly demonized auction profiteering. The sponsored may get a bit of a thrill out of this, too?

I'd love it!

---No harm in moving ideas around, so feel free to flame this, of compliment me on my sheer genius, whatever. ( Even though I stole this idea from an old thread. )---


SBW June 3 2007 4:26 PM EDT

i like this.

Eurynome Bartleby [Bartleby's] June 3 2007 4:26 PM EDT

I do, too ;)

Fanta [Fanta's Forge] June 3 2007 4:34 PM EDT

I don't get this.

Fanta [Fanta's Forge] June 3 2007 4:35 PM EDT

well... kinda.

mikes wanton rage June 3 2007 4:37 PM EDT

very cool idea

TH [money] June 3 2007 4:38 PM EDT

It would be cool if there was an in-game gambling system. It will add something new to the game. What would we bet on? Tournaments and sporting events.

Eurynome Bartleby [Bartleby's] June 3 2007 4:38 PM EDT

Well, this idea coupled with tournaments really was the big picture I had.

SBW June 3 2007 4:39 PM EDT

no. not gambling on sporting events. I believe... that is illegal.

Eurynome Bartleby [Bartleby's] June 3 2007 4:40 PM EDT

I would not call investing on people ''gambling'' though, if that's how it went across.

TH [money] June 3 2007 4:41 PM EDT

Its illegal to bet on sporting events? So I can't bet someone CB$ on a game?


QBsutekh137 June 3 2007 6:12 PM EDT

There is nothing stopping people from gambling now. It's called Public Record. get in chat and show some spark, if you are so inclined.

A Lesser AR of 15 [Red Permanent Assurance] June 3 2007 7:16 PM EDT

Let's not invest in oldbies. Set investing on NUBs only and make this part of the mentor program, possibly with an eco clan bonus, to where you can basically bid on other mentees. The server chosen mentor gets a bonus to his investment for his chosen mentee. This can be competitive and helpful. The return percentage will decrease exponentially from the moment they leave the tutorial. Additional percent subtraction with taking into account PR, MPR, time, and number of other investors before you pitch in. Exact opposite, or the possitive gain, for those 4 factors after bidding for their 4 month period. The lower the 4 factors before investing the better, the more of the 4 factors end of 4 months after investing the better. You can withdraw the bid at anytime within 1 month, can increase the bid at anytime during that first month, but if a investment is deleted the money is lost with a 5k fine. Bids over 35k you then become the mentor, no added bonus, and you lose that entitlement when another bid exceeds yours. There can also be a way of tracking such as the listing of that mentee/mentor and the ranking by returns.
I'll stop there for now...

Eurynome Bartleby [Bartleby's] June 3 2007 7:19 PM EDT

That's some excellent ideas you got there, Gun.

To make it part of the mentoring system could be a very good thing...

lostling June 3 2007 7:23 PM EDT

make a cap on the amount you can bet...

Eurynome Bartleby [Bartleby's] June 3 2007 7:25 PM EDT

Of course, just like there was ( I think) a limit on how much you could put in the CB1 bank. We don't want anybody making millions outta this.

I thought of this more as a fun way to make you think than a way to get rich quickly.

Brakke Bres [Ow man] June 3 2007 7:32 PM EDT

Well high risk means high pay off, so if anyone is willing to spend major bucks on this why not make millions?

Eurynome Bartleby [Bartleby's] June 3 2007 7:34 PM EDT

People are already complaining about people making dough outta auctions...wait till there is a smart way to make even more money...
In my last post, by ''we'' in meant CB...

A Lesser AR of 15 [Red Permanent Assurance] June 3 2007 11:07 PM EDT

Of course there will be a limit as this is the new bank we're talking here. Problem has to be to what degree. I was trying to think of a floating cap but then there might be too many formulas to add for what should be a simple process and considered a cap change for all NUBs every 3 hours dependent on PR to make the market interesting. Aside from that way a cap is likely to be applied with the other 4 to make a 6 tier system(let's account minion numbers as well m'kay) to calculate the rates after hitting an Access button which work like our battle updates button. Say accessible once every 9 mins. Also, add a cap to the number we can bet on to say 5 where each ends when the NUB ends. These were a few thoughts before I remembered this is CB. The server won't do the estimates for you and we can come up with our own odds while the cap and charge can be based on as few aspects as possible. Guess it's still good to get those thoughts out.
I'm still juggling with Gambling Fee percentage, the bet modifier formula at the end of NUB, and what should be the gain if we can bet up to 150k. To clarify what we're debating...Putting money down for hopes on performance. This isn't what I intended to show for an example, but it's a simple start which shows a flaw.
eg. Bet x((Score-(MPR+(PR/2)))x0.00174/minioncount)= Reward. Not well constructed so here... Score/PR/MPR = 1.2mil/800k/600k 1minion = 348% gain. 90k/80k/40k 4minion = 4% gain. This formula didn't take any thought yet works ok even if this means a 1.8mil/1.5mil/1.3mil 2minion won't earn you more than a 1.1mil/500k/400k. Only an example. Will have to make up something for if the NUB is sent a big char tho. 4 months is a long time so might as well make the bet/withdraw period 15 days and I really think NUBs should get 1/3 the bet amount sent to them at bids and not to be taken back.

Know Jon has been nothing but cuddles recently. Still he's not going to put much effort into this even if accepted. Expect two effective conditions for low input wagers, rather minimal rewards, and be thankful for it. ;)

A Lesser AR of 15 [Red Permanent Assurance] June 3 2007 11:12 PM EDT

Before ppl think I'm trying to run this show... we needed solid ideas.
If many ideas are left up in the air, most will get blown away. ;)

Mythology June 3 2007 11:22 PM EDT

1) This is gambling, investing is just another form of gambling, playing the lottery is called playing the lottery but its still gambling.

2) Gambling works on one very very core point that must be fufilled or it doesnt work at all, namely those betting cannot influence the result. In this case I could bet on a new player high risk and then loan them every decent NW piece of equipment theyd need and watch all their stats fly up then close the bet, repeat.

3) One player and a few other very high PR / score characters could bet on a lower one then take off their weapons and let the person know.

I remember this idea, Im almost certain it was suggested as for tournaments and that is the only place it would be able to function imo.

A Lesser AR of 15 [Red Permanent Assurance] June 4 2007 8:29 AM EDT

Have you met a few of these newbs lately? Scary. They are bets and I know that's why I loan and don't send permanently. Besides they have to be around at the end of NUB for the loans. If they are around they could rent most of Ranger's goods, get huge score, take the stuff off before NUB ends. The opposing investors could also find a way to lower the NUB's score to hurt someone. Which brings up another idea. Betting against! If you can rig for you can rigged against.
Haven't mentioned padding the reward with MPR as I should've first time through. Like adding (MPR-250k) to the bet before the formula. The NUB's MPR should be the best part for rewards.
Betting against could happen between 2-3 months. Be far more simpler as could be based entirely on NUB's score increase or decrease from the time of bet whether the NUB is invested in or not.
Would have to let there be items sent otherwise there will be exploits. So you can invest in the bet, but is a bet to me because of the risks. We're investing on our bet, fun right? Basically treating NUBs like stocks and I still hazy over how we can charge extra. Tourney bets are safe bets so let's stay away from that. You can work out a formula for what won't be happening.
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