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Put your points where your mouth is

Every race preview thread ends up being dominated by predictions and counter predictions, often accompanied by "lively banter" and speculation as to the IQ and/or psychotropically altered condition of those with whom the disagreement is being exercised. So let's have something on the line, even if it is only an indicator of our pride levels.

Many like to enter into avatar bets, but those are only for asserting what one is fairly sure won't happen: this could allow us to "profit" from what we reckon will come to pass.

So what I'm suggesting is a betting market, consisting of pride points. Anyone who wants to join in has 1000 points on the day they start, and they can negotiate the stake and the odds perhaps on PM, and then record the fact of the bet here.

The way I would see it going is something like this: it might happen that Poster A has great confidence in Green Edge's readiness for the TDU, and has been talking up their chances for success on the relevant thread, while Poster B reckons he can name dozens of riders likely to do better. Eventually A gets fed up of his favourites being put down, so he sends a PM to B to start a bet here. A little bit of negotiation, and they end up agreeing (away from the board so as not to sidetrack that thread too much) on odds of 3-1 on a GE rider making the top 3 on GC, and evens on them getting a stage win. The stake on the GC podium bet is set at 30 points, and the stage win at 50 points. This "contract" is announced on this page, so when Goss wins stage 2, Poster A victoriously visits this board to proclaim that his balance has risen to 1050, and that Poster B now has only 950 points to his name. At the end of the race, Valverde, Ballan and Rogers fill the podium places, so Poster A has his balance reduced to 1020, while B now has 980 to his name. Poster A will be kicking himself: if only Hesjedal had been able to hold on to that late breakaway on Wilunga Hill, he would be able to boast of a total of 1140, and that halfwit B would be reduced to 860. (B got 30 points from A for GE missing out on the podium: a higher placing for Hesjedal would have seen A getting 90 points off B)

In short,
Step One: on the race preview thread, identify those who might be interested in sharing a wager.
Step Two: Negotiate the odds and the stakes on PM
Step Three: In this thread, state the terms of the bet so that there is a record that the deal has been struck
Step Four:, after the race/stage/hill/season in question, return to this board to update your score, for better or for worse.

I would think people should be able to simply keep their own score honourably: nothing but pride at stake.

Maybe no-one will bother, but there is the idea if people do want to try to put the points where their mouth is.
 
May 3, 2010
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Would be a solid concept, and a great game, as long as when you recklessly bet all your points on the orange men getting a cobbled classic top 10 your "out" and dont get a minus credit. Or each bet must have a upper limit so people cant reckless hope to double up from -3000 at the end of the season to be the "winner"?

Apart from that nitpicking im all for it.
 
Jun 22, 2009
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true.

but the best way to avoid easy bets is to make betting with another user complusary. so there is always 1 winner and 1 loser.
 
Timmy-loves-Rabo said:
true.

but the best way to avoid easy bets is to make betting with another user complusary. so there is always 1 winner and 1 loser.

That was certainly what I had intended: sorry if it wasn't clear. That's why the parties to a bet would need to mutually agree stake and odds. The total number of points would always be 1000x(Number of participants), assuming no-one's credibility ranking has fallen below 0 and they have been eliminated (per Straßenrennen).

I don't envisage any particular launch/closing date for this:it starts as soon as two people agree on a bet, and given that 1000pts will always be the average score, people can enter on any date they wish with 1000pts. Nor do I envisage any particular finish date: it is a pride ranking, and pride has no closing date! I guess I could do a monthly ranking though, depending on how onerous that looks like being.

This is the thread: use it if you wish.
 
Jun 22, 2009
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me and Michielveedeebee are going head to head.

being the courageous and bold genius that I am we have the following terms:

for 50 points
goss wins 2 stages at TDU. if he wins 2 or more mvdb wins, if not i win.

for 100 points
kelderman wins a tdu stage. :eek:
i win if he wins one, mvdb wins if he doesn't

:cool: