< Earlier Kibitzing · PAGE 418 OF 418 ·
|Feb-06-17|| ||offramp: I was wondering if you might like the idea of a new distribution of money before each major event.|
For example, someone might have blown his wedge at Tata and now finds that he has c$75 for the whole of the Women's World Championship. A most disconsolate state of affairs.
|Feb-09-17|| ||technical draw: The loanshark is not a very nice guy. I think I'll take my business elsewhere. I hear Rico Tarantino is setting up shop somewhere in Brooklyn. Maybe I can get a loan before he's wasted.|
|Feb-12-17|| ||sydbarrett: Loanshark is a cool dude. I was down to ~$200-ish just 2-3 weeks ago, believe it or not, but thanks to him I am back to a healthy $12k. Then again the extra leverage he gave me put me in the hole in the first place|
|Feb-14-17|| ||Beholder: Can't really follow the Women's Championship all that close due to being busy yet I've noticed that Wiki |
has Guramishvili going through to the 2nd stage while our bookie in the Pick Three has her opponent, Khademalsharieh.
So which one was it?
|Feb-14-17|| ||moronovich: And I had Guramishvili/Buksa/Melia/Atalik in pick 3,which seems to be the right combination.|
|Feb-14-17|| ||Annie K.: Hmm, Wiki had Khadem as the winner yesterday... Ok, we'll fix this shortly.|
|Feb-22-17|| ||Chessgames Bookie: <♔ ChessBookie Pay Day Announcement! ♔>|
Pay Day will be on the 25th of February: 1000 chessbucks will be added to every <active> Bookie player's account.
New/inactive players, make sure to place at least one bet before that date, if you want to be included in the payout!
|Feb-25-17|| ||Boomie: Doing a search on names produced this oddity - D Swiercz vs S L Narayanan, 2017. They are scheduled to play in the next round. They didn't play last year. The game is mislabeled somehow.|
|Feb-25-17|| ||Annie K.: No mistake. :) Swiercz played Sunilduth Lyna Narayanan in Round 4 of this year's Aeroflot. His upcoming Round 6 game is against Narayanan Srinath.|
|Feb-25-17|| ||Boomie: <Annie K.: No mistake. :)> Heh. Oops.|
|Mar-03-17|| ||sydbarrett: Oooh the next update should be interesting... I have $1,000s and $1000s placed on three separate bets, all predicated on Tan winning, and they were quite queasy bets, because Tan clearly is an underdog, not being a GM and all like Anna Muzychuk is. Money, come to papa|
|Mar-03-17|| ||Chessgames Bookie: The Women's Championship bets are paid off now - a delay was caused by our learning that the tiebreak games started 2 hours earlier than scheduled, so we first needed to check if there were any late bets placed. Very happy to report that it turns out nobody tried to pull any funny stuff. ;) |
Congratulations to the winners, and see you all in time for the last event of the leg, the US Championships!
|Mar-06-17|| ||beatgiant: <Chessgames Bookie>
I was surprised recently to receive an additional 1000 chessbucks in the middle of the leg. Is there a fixed schedule of such "paydays," and if so, what is it? As far as I can see, the FAQ only mentions the pay at the start of every leg.|
|Mar-06-17|| ||stst: For the WCC just concluded, I won both the prediction and Tie-Break.
But on retrospect, the prediction was made much earlier, yet the dividend is not much higher than that of the TB. This is not logical.
BUT, the bookie may argue that he has no control - it all depends on the Odds at the time of wager.
Quite true, but, it's just not proportional to the level of difficulty.
Even for a prediction, one made prior to the start of the entire event (i.e., prior to any of the 64 contestants even makes a move,) and when it's 32, 16, 8, or 4 remaining.
For TB, a random pick is 50% winning/losing, so the Odds should not be too high.
Any way that the bookie can do something on this would be greatly appreciated!?!|
|Mar-06-17|| ||beatgiant: <stst>
I don't agree with your logic. In the earlier stage, the larger number of possible outcomes creates opportunities for hedging, small speculative bets on heavy underdogs, etc. If the earlier bet were really a much worse risk proposition, bettors would figure that out and the handle would plummet.
|Mar-07-17|| ||sydbarrett: Paydays from my 1 year of playing experience are once per leg, and you have to pay attention because it's usually in the middle of the leg and not announced until a week beforehand or something.|
I'd answer stst's opinion more completely, but I don't want to give out my strategies. Not 100% on what you're saying stst, but the system is as fair as it gets because payouts are determined entirely by what the players choose. If you think a position is underrated, you bet on it. If you think there's too much money on a position compared to its likelihood of occurring, it's perhaps best to avoid it. Or if for some reason you're very confident on a position, you bet on it regardless of its level of payoff.
|Mar-07-17|| ||Penguincw: <sydbarrett>
Yes, there was a Pay Day (I believe it was the last Saturday in February). Pay Day is a once-a-leg feature recently introduced in July 2014, where all users who have made at least one bet up to that point get a bonus 1000 cbs in funds. This is to increase betting activity and all.
Are you asking why the odds for Tan Zhongyi (TZ) are higher for the Women's Knockout WCC 2017 Final: Tiebreaks Winner than Women's Knockout WCC 2017 Final: Anna Muzychuk -Tan Zhongyi?
Well, what odds come down to is how many chessbucks are placed on various lines. In your example, a lot more people happened to place a bet on Muzychuk winning on tiebreaks than TZ winning on tiebreaks (a proportion, which is larger than the one for the 2nd bet, which is why the odds were paid off higher).
There is a correlation that generally speaking, the harder it is to make a prediction, the higher the odds will be (ex.. it's far easier picking a winner of a tournament with a round to go vs. one that just started, so the odds of the winner bets at the beginning will most likely be higher, but not always).
|Mar-11-17|| ||sydbarrett: I'm glad Penguincw was able to understand stst better and provide a better response as a result. So that's what he was getting at.|
|Mar-23-17|| ||Annie K.: Thanks for pitching in with explanations, everybody. :) |
I put up bets on Shenzen, folks - didn't want to promise ahead of time that I'd offer betting on it, because finding info on Chinese events can be a nightmare, but now I see chess24 is covering it. So let's see some action!
|Mar-26-17|| ||Nightranger: Seems there was a hiccup in Shenzen Round 4. The official site, Chessbomb and Chess24 have different games listed than the bookie page for round 4.|
|Mar-26-17|| ||Annie K.: I know - these were the pairings posted yesterday, but if you look at chess24, you can also see that currently today's pairings are identical to tomorrow's. So there's an unresolved mistake either in today's pairings or tomorrow's; and I don't know which it is yet. That's why I haven't done anything meanwhile, I want to see what really happened first. |
In any case, this tournament being a double round-robin, these pairings have to take place at some point, so I think I will probably let these bets stand as they are, and just wait with the settlement until the results get in.
|Mar-26-17|| ||Nightranger: <Annie K> I understand your reasoning. However, someone (like me) might bet identical games differently in different rounds.|
|Mar-27-17|| ||Annie K.: There could be merit to that point if the switched timetable were to result in the games taking place on a "special" day, such as right after a rest day, or on the last day of the event. But there is little rational difference between two regular, and consecutive, mid-tournament playing days. |
Bottom line: the pairings originally posted for Round 4 took place today, and were paid off normally.
|Mar-29-17|| ||centralfiles: Is it realistic to get the US championship pairings a full day in advance?|
|Mar-29-17|| ||Annie K.: Certainly, starting next round. The pairings were only posted now, but at least they were posted for the entire tournament at once.|
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