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< Earlier Kibitzing · PAGE 2 OF 501 ·
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| Apr-02-06 | | Benzol: <cu8sfan> Blood, Sweat and Tears - "Ride a painted pony let the spinning wheel turn". It seems appropriate. :) |
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| Apr-02-06 | | suenteus po 147: <Benzol> That is an excellent song! Special thanks to everyone, especially <cu8sfan>, <lostemperor>, and <YouRang> for administration, development, and testing of both the original idea and the beta version. You guys are a small testament to the benefit of collaboration online for the good of everyone. |
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| Apr-02-06 | | MaCa: I think this is a great, exciting feature. Thanks, Chessgames.com |
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Apr-02-06
 | | tpstar: <Chessgames Bookie> You left out <Sneaky> in your Credits list. I strongly suggest that you restrict any and all kibitzing about the ChessBookie contests to this forum or another main page. I don't think you want endless discussion about who bet what on whom in the main pages or under those games themselves. |
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Apr-02-06
 | | Chessgames Bookie: I agree tpstar, that's what this forum is for. Once we actually start paying out some winners and the leaderboard begins to take shape I'm sure people will have much more to talk about here. Sorry about that oversight Sneaky, we just put you into the credits list. |
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| Apr-02-06 | | suenteus po 147: It's funny, but all the Topalov hype is really going to drive down the payout for his fans if he actually does win! |
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Apr-02-06
 | | Sneaky: Here's what the chessgames bettors think the Topalov-Nisipeanu match will be like: http://video.google.com/videoplay?d... I think Topalov will win (who doesn't?) but with these odds I might just have to toss a few bucks on the underdog. |
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| Apr-03-06 | | blingice: Speaking of odds, look at the ones under the Euro Indiv. Championships! 500+ to 1?! |
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| Apr-03-06 | | dakgootje: That video was sooo obvious....funny non the less ;-) |
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| Apr-03-06 | | refutor: <500+ to 1?!> yeah but you don't get the odds that you buy at, you get the odds that they finish at. so if you buy $1000 at 500 to 1, don't expect a payday of $500,000 |
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| Apr-03-06 | | Ezzy: <Sneaky: Here's what the chessgames bettors think the Topalov-Nisipeanu match will be like:> LOL 22,000 chessbucks on Topalov to beat Nisipeanu. If Topalov loses or draws the match, there are going to be a lot of kibitzers visiting the loanshark already! :-) |
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| Apr-03-06 | | ksadler: A question, what if two or more players tie, is the winner the one on tie break, or are the winnings split between? Ex, Fischer and Spassky tie for first in a tournament, Fischer has 3-1 odds (400% Return) and Spassky has 2-1 odds (300% Return), does Fischer's odds change to 200% Return and Spassky's to 150% or because Spassky won on tie break, does just the people who bet on Spassky collect? |
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Apr-03-06
 | | lostemperor: <ksadler> this question is best answered by the chessbookie himself but I will try to give an answer since I have discussed this issue with him. Bookoffices usually use the socalled dead heat rule. Here another fair system is used. The loser's money is evenly split among two (or more) winners. It happened twice during the testings. First on Areroflot, four players tie for first (I betted on Sasikiran 47:1). I try to give an example for the recent Amber tournament. There were two overall winners. Anand and Morozevich. The money put on other players will be divided in two between Anand and Morozevich backers after the juice has been taken. In practice it comes down to the following: I betted on both Anand and Morozevich (and Grischuk). Odds for Anand was about 2:1 (3) and on Morozevich 13:1 (14). I got 1:1 (one stake profit) for Anand and 4:1 for Morozevich:) |
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Apr-03-06
| | Chessgames Bookie: lostemperor described it fairly well. The FAQ says <If there are two or more winning choices in an event (e.g. a tie for first place), all tickets for any winning player will be paid off. The total winning pool is split evenly among all winning players then those smaller pools are distributed to the winners normally. When this happens, the odds payed will not be the same as the final posted odds.> For example suppose this four way round robin was tied by players #1 and #2 - #1 - Shirov - 10,000 chessbucks
#2 - Fressinet - 5,000 chessbucks
#3 - Korchnoi - 11,000 chessbucks
#4 - Vallejo - 14,000 chessbucks
The losing pool is 11,000 + 14,000 = 25,000. I take my 10% juice, or 2,500, so that leaves 22,500. This amount is split in two pots of 11,250 each. Therefore Shirov bettors get odds of 11,250/10,000 or roughly 11:10, and Fressinet bettors get odds of 11,250/5000 or roughly 11:5 odds. For ties of three or more players the method is identical, except that the win pool is divided by a larger number. |
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Apr-03-06
| | lostemperor: I think I should mention that the beta-testing for this bookie game was surprisingly won by User: snoochies! GIRL POWER?! |
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| Apr-03-06 | | percyblakeney: Best bet in Dos Hermanas feels like Korneev at 8.34. He's the highest rated player with quite a big margin (2671 at the moment) and ½ point from the lead after 4 rounds. The three leaders are all below 2550 and should have small winning chances. My bets: Korneev 100
Cheparinov 100
Illescas 5
Campora 5 |
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| Apr-03-06 | | Ezzy: <percyblakeney> 1/5th of your chessbucks already spent on 1 event. Loanshark here you go! :-) But I hope you win this one, because I am on Korneev as well. |
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| Apr-03-06 | | percyblakeney: <Ezzy> I was thinking about betting all I had on Topalov against Nisipeanu but the odds are too bad. Nisipeanu did win the European Championship ahead of Radjabov and Ivanchuk last year and stranger things have happened than such a player getting four draws... |
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Apr-03-06
 | | cu8sfan: <I was thinking about betting all I had on Topalov against Nisipeanu but the odds are too bad.> Yeah, if you bet 100 you'll get what... 101 bucks? (-; |
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Apr-03-06
| | Chessgames Bookie: Currently if you bet 600 on Topalov you'll get paid 690. |
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| Apr-03-06 | | MaCa: First, I decided to go with GM Campora Sivori in Dos Hermanas. I betted 10 for him (I guess its good idea to start pretty slowly). He has had some nice results lately, and it also seems he has been improving steadily. He had white pieces yesterday against some greatly lower-rated player. He also had nice odds, but sadly, he only scored a draw. This morning, I noticed that GM Illescas Cordoba had pretty decent odds. He had won on round 4, but he is playing black pieces in round 5. Luckily, he is up against slightly weaker opposition, so I betted an extra 10 for him. I did consider going all the way with Korneev, but his odds seemed pretty bad, so I avoided him. Propably 5th round will show whether I can expaect any winnings. |
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Apr-03-06
| | Chessgames Bookie: During the beta-test Snoochies had at one point twice as many chessbucks as everybody else. Her secret was simple: not knowing who any of these chess players were, she bet on the players with the best odds. Everybody bet on Kosteniuk and Chiburdanidze for the WWCC, but when Yuhua Xu came in, she made thousands. |
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Apr-03-06
| | cu8sfan: Funny, I thought she made tons of money with that Grischuk - Anand rapid game bet. |
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Apr-03-06
| | Chessgames Bookie: Yes she got lucky on that one too. She bet on Anand because his odds were crazy. |
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| Apr-03-06 | | percyblakeney: My best beta bet was 50 on Morozevich in Amber blindfold at 20 times the money. |
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