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  #1  
Old 07-10-2008, 06:58 PM
Scav Scav is offline
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Quote:
Originally Posted by TheSpyder
Good point...suggestions? Maybe we say you have to make 36 bets and if you don't any bets not placed are a loss that way it's based on $360 no matter what, that way you could do either, am I right?
For something like this, you have to do total ROI. If you do it the other way, then someone can hit a 20/1 on opening day, and then sit on it for the rest of the meet.

I won't be able to do it, I miss the first 5 days, on vacation...
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  #2  
Old 07-10-2008, 08:52 PM
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TheSpyder TheSpyder is offline
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Yea but if you get 36 bets you can make it up nes't pas?
Quote:
Originally Posted by Scav
For something like this, you have to do total ROI. If you do it the other way, then someone can hit a 20/1 on opening day, and then sit on it for the rest of the meet.

I won't be able to do it, I miss the first 5 days, on vacation...
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  #3  
Old 07-10-2008, 09:09 PM
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ateamstupid ateamstupid is offline
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Quote:
Originally Posted by TheSpyder
Yea but if you get 36 bets you can make it up nes't pas?
Scav is right, if you're going to do percentage ROI you have to have a minimum amount of bets. Otherwise people are just gonna be stabbing at longshots and quitting once they hit one.
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  #4  
Old 07-10-2008, 09:11 PM
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Zaf Zaf is offline
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I'm in too
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  #5  
Old 07-11-2008, 07:09 AM
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cowgirlintexas cowgirlintexas is offline
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Lookin forward to it.. Count me in as well.
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  #6  
Old 07-11-2008, 11:16 AM
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ARyan ARyan is offline
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I'll play.
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  #7  
Old 07-11-2008, 11:46 AM
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Playing
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  #8  
Old 07-11-2008, 12:04 PM
Scav Scav is offline
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Quote:
Originally Posted by TheSpyder
Yea but if you get 36 bets you can make it up nes't pas?
My recommendation would be to score based on ROI, with a fixed amount of $360 or $300

This means a couple different things

1) $360 comes to one $10 bet per day
2) Someone can miss a couple days and it really wouldn't matter
3) Someone can't hit a 20/1 on the first day or two and not coast, they would still have to produce, albeit they would have a nice lead
4) You would even do it based on say $300, which means people can miss 6 days and not miss an opportunity. And if you play all 36 days, you still get your ROI calculated off of $300 (thus 6 bonus bets)

So essentially what I am saying is that everyone starts at $-300 and they have to build their way up from that, making one $10 bet per day.

So if you use $300 as a fixed amount, in 36 days if someone has a total of $600 collected, they would have a 100% ROI ((600-300)/300)
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  #9  
Old 07-11-2008, 12:10 PM
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I'm in
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  #10  
Old 07-11-2008, 12:29 PM
opusone opusone is offline
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I'm in sounds fun.

Thanks
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  #11  
Old 07-11-2008, 12:41 PM
swedejxn swedejxn is offline
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Count the redneck in....
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  #12  
Old 07-11-2008, 01:44 PM
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PeteMugg PeteMugg is offline
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Always up for a contest. I'm in.
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  #13  
Old 07-11-2008, 04:15 PM
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Bigsmc Bigsmc is offline
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Quote:
Originally Posted by swedejxn
Count the redneck in....
GPK is in?

I'll give it a whirl.
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  #14  
Old 07-13-2008, 11:43 AM
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in
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  #15  
Old 07-13-2008, 06:17 PM
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3kings 3kings is offline
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Sound like fun. I like the idea of a certain amount of bets, with player discretion on when they can use them. This helps the players who don't get the PP's everyday.
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  #16  
Old 07-15-2008, 10:09 AM
2 Dollar Bill 2 Dollar Bill is offline
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Quote:
Originally Posted by Scav
My recommendation would be to score based on ROI, with a fixed amount of $360 or $300

This means a couple different things

1) $360 comes to one $10 bet per day
2) Someone can miss a couple days and it really wouldn't matter
3) Someone can't hit a 20/1 on the first day or two and not coast, they would still have to produce, albeit they would have a nice lead
4) You would even do it based on say $300, which means people can miss 6 days and not miss an opportunity. And if you play all 36 days, you still get your ROI calculated off of $300 (thus 6 bonus bets)

So essentially what I am saying is that everyone starts at $-300 and they have to build their way up from that, making one $10 bet per day.

So if you use $300 as a fixed amount, in 36 days if someone has a total of $600 collected, they would have a 100% ROI ((600-300)/300)
Do I need a Slide rule or a DRF ?
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