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Nov-09-15
 | | Penguincw: I don't mind chit-chat on my forum. Nobody posts anything on my forum anyway, so it's not like it's getting in the way of anything. :p Same thing for my enemy. <Karposian>, if you don't mind, let's fire shots at each other, on one another's forum. :) My membership will expire sometime near the end, but after that, let's jump on someone else's forum! Which premium member hasn't been on recently... |
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| Nov-09-15 | | Karposian: <Penguincw: if you don't mind, let's fire shots at each other, on one another's forum.> Yeah, let's just do that. I agree.
I perfectly understand <Annie K.>'s point that this forum should be exclusively a support and information forum. And she's the bookie, so it's her prerogative anyway. But we really should have a ChessBookie Game Discussion Forum where we can chat freely about anything concerning the game. A forum where <syd>, <Mark>, <FSR> and all the others here who like to just generally chat about "ChessBookie business" can post what they want. Perhaps we can for the time being use your forum for that, <Penguincw>? And since you've even been the bookie it would be a very suitable place, don't you think? I must admit I have never in fact opened my own forum, even though I've been a Premium member for several years. I just never got around to it. But later, if your membership expires, we can use my forum for the purpose, if you want, <Penguincw>. |
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Nov-09-15
| | Penguincw: <Karposian>
In case you aren't aware, I've replied on my forum.
Anyway, <Bookie>, I have a question. For TCEC, you always post < "Please note that this tournament doesn't have official game starting times, only order of match-ups, so bet closing time is estimated - but will not be changed.">. In the unlikely event that the games do finish before the closing time, would all games be refunded? Thanks. :) |
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Nov-10-15
 | | Annie K.: <Penguin> yes, in that case I would refund the bets, but that's very unlikely indeed - I try to err drastically on the "closing too early" side. <Karposian> this forum has never before really needed to enforce a strict "stay on topic" policy, and I won't insist on pure 100% business now either, but it *is* important to keep it welcoming at all times to anybody who needs it in its support role, and especially new members, who would need the help here most. :) |
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Nov-10-15
| | Penguincw: A thought just came to my mind. Even though now this forum will (hopefully) become a more welcoming place, could it be possible to post anonymous questions? Of course, there's the <cg> email, but that's arguably worse, since your real name is revealed to the site admin, and I don't think Freeman would want to be flooded with emails. And there's also the fact that posting on this site is anonymous <anyway>. Perhaps use social media? I don't know, just a random thought that came to my head that I felt like sharing. :p |
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| Nov-13-15 | | Nightranger: <Chessgames Bookie>, a question if I may... The bet below:
<TCEC Season 8 Superfinal, Game 31: Komodo - Stockfish : Draw [cash in ticket] 200 YOU WIN! COLLECT 259 3:10 1.30 259> had a payoff of 259 cbs. My question is: Why did the payoff all day show 260 and then drop to 259 cb at payoff? The decimal odds show 1.30. Thank you. |
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Nov-13-15
| | Annie K.: <Nightranger> Oh, this sort of thing happens all the time. I believe it has to do with rounding issues. |
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Nov-13-15
| | Penguincw: <Nightranger>
I know right! So unfair:
TCEC Season 8 Superfinal, Game 31: Komodo - Stockfish : Draw [cash in ticket] 300 YOU WIN! COLLECT 389 3:10 1.30 389 Nov-12-15. On a serious note, doing the math will reveal why this is the case: To calculate the odds, the formula is (Total Pool - Pool of Line) × 0.95 ÷ Pool of Line + 1. So in that would be
(5039 - 3840) × 0.95 ÷ 3840 + 1
Punch that in your calculator, and the answer (to 9 decimal places) is 1.296627604 or 99581/76800 if you like fractions.
Multiply that by 200 (your wager), and you'll get 259.3255208 chessbucks, or 259. 1.29 is rounded to 1.30, but unfortunately, this rule states odds are always rounded down: ChessBookie Game Help Page
< "Furthermore, fractions are rounded down in favor of the house. For example, if the odds dictate that you should win 10.75 chessbucks, you will only get 10 chessbucks." > I remember when this rounding off first happened to me: wordfunph chessforum (kibitz #3883). As for why the odds displayed are 1.30 and not 1.29, I don't know. :) |
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| Nov-14-15 | | wallytherhino: I have a quick question. Why does the game simulation system seem to lose money very quickly? I did a tally of the total CB (Chess Bucks).
Players: 95
Current Level of Chess Bucks: 86269
Difference: -8731
Percentage: 90.8% |
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Nov-14-15
| | Penguincw: (yes, I know it probably wasn't directed to me)
<wallytherhino>
If the difference is negative, that probably means more money is lost via. juice and interest from the Loanshark than is added via. taking out loans from the Loanshark. I'd figure it'd be the other way around though. Juice only shrinks the economy by about 3% of the total pool (not losing pool). Loans, since only a few users are in debt (and not by much), that means any loans are more likely than not being paid back, but with little or no interest... (that's the part I don't get). Taking out a loan will increase the amount of cbs in circulation. This idea came to me a few months ago. There should be this alternate cb universe where once a leg starts, no new users are allowed in, and no Loanshark exists. Due to juice, assuming everyone bets their money frequently and doesn't just remain idle, eventually all users will have 0 cbs. |
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| Nov-14-15 | | wallytherhino: <Penguincw>
Ideally the juice would shrink the economy just as fast as the loans add money to the economy. If most of the loan money is going into bets then the juice is amplified, but so is the possible return on bets. I like the idea of closed economies (under the execution of a man like Benjamin Franklin), but half of our players join past the start. The health of the community relies on staying open for new players. When the top 10 players have between 1300-1700 a new player can take his 1000 CB and ramp into the top 10. |
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Nov-14-15
| | Annie K.: <Penguincw: <yes, I know it probably wasn't directed to me>> Hey, if you want to pitch in and save me (and/or <cg> and/or <Switch>) some work, that's fine by me! :D <wallytherhino> The juice is 5%, then there's interest on the loans - the rest of the difference can be accounted for by the fact that the Bookie also places some bets, and that is an invisible (in the standings) account. We call this 'seeding the bets': the idea is to stimulate the action by giving bets a realistically divided starting pool, especially when time is short, and the options no more than 3 or 4. The Bookie is not trying to either profit or lose out in this action, the aim is to break about even, but sometimes an unexpected result can send more c$s than intended our way. I try to funnel them back into the economy. But there's your explanation for the discrepancy. :) |
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Nov-14-15
 | | Stonehenge: <I try to funnel them back into the economy.> Isn't pay day coming up when everyone gets a 1000 chessbucks extra? |
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Nov-14-15
| | Annie K.: Around halfway through the leg, yes. It would be a good idea for those interested to remind me when exactly that's supposed to be. ;) |
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Nov-14-15
| | Penguincw: I believe it's around the middle of the leg. ;)
Speaking of Pay Day, does a refunded bet count? I don't think you've had any refunded bets, but does it count (in general)? Ugh, this question, I was going to test it during my trial, but forgot to <Annie>
Since you're not playing in this leg, could you perhaps do this test? Open up a bet, bet 5 cbs, and then refund it, and wait and see if you get the +1000 bonus. If you want. :) |
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Nov-14-15
| | Annie K.: OK, OK, I sent off a reminder about the approaching Payday. ;) Heh. No idea if a single refunded bet counts or not, and I am not going to do anything at all with my own account while I'm the Bookie. Anybody who wants to be sure they don't get left out should simply place a bet before Payday. :) |
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| Nov-14-15 | | wallytherhino: Thank you <Annie K.> I understand. When Vegas takes bets in that do not balance with their books they place bets to even out their out own betting lines. Interesting Fact: With the current rankings a pay day boost (+1000 CB) would make everyone in the positive except for the last person (ranked number 96) |
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Nov-14-15
 | | OhioChessFan: From the first post on this forum:
<There are several purposes to this forum: Feel free to boast about your victories, and to groan about your losses. > |
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Nov-15-15
| | Annie K.: <OhioChessFan> disappointingly, that looks rather like something called 'a deliberate misquote'. If you are going to leave lines out from the middle of your "quote", it would be proper to at least indicate having done so, as in: <There are several purposes to this forum:[...]
♔ Feel free to boast about your victories, and to groan about your losses. > As is, you seem to be indicating that player chat is the first (if not the one and only) purpose of this forum - which has never been the case. Now here's the actual quote, just for clarity:
<There are several purposes to this forum: ♔ I'll be around to answer questions about the that the ChessBookie Game doesn't cover. ♔ You are encouraged to offer suggestions about possible upcoming betting propositions. ♔ If you spot any errors, please inform me here. ♔ Feel free to boast about your victories, and to groan about your losses.> The first three points are the main purpose of this forum, because a support platform is necessary, and <cg> never wanted users to go to the main support forum for Bookie issues. The fourth point does exist, and it has worked out fine throughout the last 9 years. Unfortunately, lately we've had posters (well, mostly just the one) who are apparently not able to tell the difference between <Feel free to boast about your victories, and to groan about your losses>, and <feel free to act like you own the place, and be maximally obnoxious to any other posters while you're at it, until almost nobody else is comfortable posting here>. As a result, it has become necessary to restore public functionality to this forum. One look at the variety of posters who have posted here since should tell you the rest of the story :) And as I have also said already, staying strictly on support issues is <not> necessary - respecting the rights of other users to post here without needing to fear being subjected to abuse <is>. |
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Nov-15-15
| | Penguincw: Reminder that my forum will be available 'till Christmas if anyone wants to boasts about their victories/groan about their losses/whatever. |
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Nov-15-15
| | OhioChessFan: <<OhioChessFan> disappointingly, that looks rather like something called 'a deliberate misquote'. If you are going to leave lines out from the middle of your "quote", it would be proper to at least indicate having done so, as in: <There are several purposes to this forum:
[...] > >
Yeah, should have had the [ .... ] I stand guilty of sloppiness there, very disappointing to me. I forgot white space gets eliminated. In any event, <several purposes> is a two word phrase I happened to include that indicates more than one in both words, so the deliberate misquote suggestion is greatly misplaced. |
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Nov-16-15
| | Annie K.: <OhioChessFan>
<Option 1:>
I could point out that
(a) this still leaves the possibility of "merely" wanting it to look like player chat is the <first> purpose unaddressed; and (b) personally I find the idea of forgetting a basic site behavior, like the elimination of whitespace, to be only marginally more believable than forgetting that <angle brackets> will result in color or <Option 2:>
I could remark that if you, as it appears, wish to be treated with courtesy, and most specifically, granted the courtesy of an a priori assumption of non-malignance... you really should try extending some of the same yourself. I believe Option 2 is a lot more to the point, so I'll go with that. :) <Reminder> (as <Penguin> sez), that this forum is also available "if anyone wants to boasts about their victories/groan about their losses" - as long as you can manage to do that without being offensive to others (as has been the norm until recently). To those who have trouble with that last part, I most warmly recommend <Penguin>'s, or any other consenting host's, private forum. Sure would be nice to have a little peace here sometime... ;p |
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| Nov-16-15 | | centralfiles: <Annie > I actually once had one of my posts here deleted by Switch just for straying off topic, So your definitely within your rights here. |
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Nov-16-15
| | Penguincw: <Bookie>, small typo. :) ETCC Round 5: Spain - France
Should read "0.5-3.5" not "05.-3.5".
BTW: After you see this post, please delete it. Thanks. |
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Nov-16-15
| | Annie K.: <centralfiles> thanks. :) <Penguin> thanks, fixed it. Why would I want to delete that? Typos happen, no worries. |
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