Betting for T11! -- changed rules -- (in Contests)


[Nkki]WildEagle [SNB Forging Services] September 3 2007 5:53 PM EDT

Betting for T11!

This is how it works
Post the name of the Character you think will win this tourney and the transferlog of your bet in this post.
Bets may be any amount you like to bet, the more you bet, the more of the pot you will get in case of a win!
The number of characters you can bet on is not limited.
Send bets to my char TournamentBetting.

Prizes
Starting pot is unknown right now (I'll add that one in when i return from business trip on thursday)
The pot will be split between all people that bet on the right character.

Additional rules
After September 6, 12:00 PM EDT, you will get a relatively smaller percentage of the pot than someone that bet before that day if the pot should be split.

This is implemented as it might be more obvious who will win the tourney after a few days, and because it is riskier to bet early on.

Example: If one person bet 10k before the 3rd day and another person bet 10k after the 3rd day and both win, the first person will get 66% and the second only 33% of the pot. (If first person bet more than second person, first person will get a higher percentage again)

Nobody will lose money by winning, I'll make sure of that :)

First day starts at September 4, 12:00 PM EDT

I will stop taking bets for T10 at September 9, 12:00 PM EDT.


If you got any questions or suggestions to improve the betting system some more feel free to post :)

Because of a business trip I will be gone from September 4 to September 6. I won't be able to update the post during this time. I will do that as soon as I return.
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