CW Betting Thread

[Daemon]

We're going to start off with SGD 20 (USD ~16) in a bet365 account. Any profits made by the end of a certain period (tbd) will be donated to a charity (tbd), while the initial $20 will either kickstart a new round of this or return to my pocket, subject to how close I am to being out on the streets.

We will only be betting on cricket.

How we're going to decide what to bet on is basically by a simple voting system. I'll try to get odds and options up at least a day before a match starts, and once there are enough votes I'll proceed to place the bet. Besides that anyone can propose a bet e.g. Player X top scorer, Player Y motm, etc etc and we can all vote for it if it sounds good.

The amounts to bet are something I haven't quite thought too much about yet, but for now it's just going to be $2 on every bet. Thoughts and suggestions needed.

If this fails the thread can always be used to discuss betting anyways.

 

[Hurricane]

Awesome idea - you will need a set quorum of votes to make a decision.

 

[honestbharani]

Yep.. liking this idea. Hope this goes well

 

[James]

Nice idea Daemon

 

[uvelocity]

Top idea mate. Just don't let Jono have any bets

 

[Daemon]

Appreciate the enthusiasm guys, thanks.


As for the minimum number of votes Hurricane, I didn't include it because I wasn't sure how many people would be voting and stuff. Hoping 10 isn't too much, will roll with that for now.



Asia Cup: Afghanistan v Pakistan at Fatullah
Feb 27, 2014

$10 | $1.062


1st ODI: West Indies v England at North Sound
Feb 28, 2014

$2 | $1.80


3rd Test: South Africa v Australia at Cape Town
Mar 1-5, 2014

...SA | Draw | Aus
$2.20 | $3.75 | $3.00

Draw no bet

...SA | Aus
$1.66 | $2.20




vote vote vote

 

[benchmark00]

$10 on both SA and Australia to win.

 

[Daemon]

$10 on both SA and Australia to win.

This is now an option ftr, if people want to vote for it.

Just try to put a bit less money on it, don't want to piss my $20 away if there's a draw.

 

[smash84]

pretty cool idea

 

[James]

Not sure how changeable the weather can be in Cape Town, but I'd back benchmark's suggestion based on how the forecast is clear for the 5 days of the Test.

I'd suggesting starting off with smaller amounts as well.

 

[Jono]

Put it in Betfair and just "lay" the draw.

 

[dermo]

nah 00's right. lets go all out

 

[Jono]

Are you even old enough to bet boy. We're not betting lego pieces here.

 

[Spikey]

whatever money we have on Amla or AB top scoring in the next test

 

[ajdude]

Are you even old enough to bet boy. We're not betting lego pieces here.

check out the juvenile graeme smith talking about age

 

[Jono]

whatever money we have on Amla or AB top scoring in the next test

!

And then later mention this point about getting your money back, but don't mention it when recommending the bet.

 

[dermo]

Are you even old enough to bet boy. We're not betting lego pieces here.

funnily enough i've been betting at the tab since i was like 16 but the first time i ever got asked for ID was like a week ago, they just never ask anyone

 

[Spikey]

no its because you are already losing your hair

 

[uvelocity]

ashley and martins doctors will tailor a specific program to your needs, dermo

 

[Daemon]

Righto, SA and Aus, $5 each.

Benchmark
James
Dermo