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Oct-28-16
 | | chessgames.com: It is most definitely our tradition to award the "next-closest-bets" in cases where nobody has money on the winning combination. <Anyway, when push comes to shove, the current Bookie is Dictator for the Leg and what she says, goes.> I agree.
It's useful to consider what would happen if hypothetically she refunded the bets instead. Do you not believe that some people would be champing at the bit insisting that she pays 2-out-of-3 which has been done so many times in the past? She really can't win no matter what she does. To the people lobbying for refunds (who have tickets) — did you actually think while you made the bet, that part of the reason why it's a good bet is that you have an outside chance of a refund? Or is this just a curious afterthought created by the circumstances? Let's not forget, you bet on the horse than came in last and are asking for your money back. That's why it's important to lay these things in writing so that when the inevitable occurs, we can point to the rules and say "Sorry, rules are rules." In my mind, it already had that status, but an examination of the ChessBookie Game Help Page proves me wrong. Fixing it now will prevent this anguish in the future but do nothing about today's affair. When Albert and/or I were the bookie, the 2-out-of-3 rule applied. We can find old cases of that in the kibitzing here. Some of the volunteer bookies did refunds instead. I don't blame them for not knowing what to do — ideally the software would handle situations like this all by itself, but it doesn't. We've been considering writing an algorithm that "seeds" bets like Pick Threes by adding small wagers on all outcomes from the very start. If we ever implement that then this will be entirely moot, and all money in situations like that will actually go to the house. |
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| Oct-28-16 | | WinKing: <chessgames.com:We've been considering writing an algorithm that "seeds" bets like Pick Threes by adding small wagers on all outcomes from the very start. If we ever implement that then this will be entirely moot, and all money in situations like that will actually go to the house.> I believe that is the correct solution. After I refunded bets in the past Championship leg, which I did not like doing, I started laying small wagers on any unclaimed lines in the Pick Three or Daily Double. Usually the bettors won but on occasion the house would win. It was explained to me that this is a legal option for the Bookie. You will still get people complaining but I do like this idea. |
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Oct-29-16
 | | Chessgames Bookie: I had to clean up a few posts here by people who mistakenly think they can get their way by making a scene. Please note, any more of that, and you will not be posting in this forum until the start of the next leg. Thank you. |
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Oct-30-16
| | chessgames.com: Not this it will calm any unsatisfied players this round, but to avoid this type of thing in the future I added these three clauses to the fine print found in the ChessBookie Game Help Page. • In the event that there are no winning bets placed on a Pick-3, Daily Double, or similar bet, the Bookie should pay all of tickets that come closest to winning. For example, in a Pick-3 anybody who had 2 out of 3 would be paid. In a daily double, having merely one of the correct outcomes would be paid. This usually destroys the odds and the winners should expect to receive little more than what they wagered. • The bookie may, at his or her discretion, place small wagers on initial bets ('seeding') to stimulate interest in the event. If it should happen that the only money placed on the winning outcome is Bookie money, the winnings will not be redistributed to the players (as above) but instead all winnings will go to the house. • Decisions of the bookie on matters regarding payouts, seeding wagers, canceled bets, and related matters are considered final, even if they contradict rules or guidelines found herein. |
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Oct-30-16
| | chessgames.com: <scout118: <chessgames.com: <scout118> I'll continue this discussion at the Chessgames Bookie chessforum.> This won't be possible, I'm afraid.>
[referring to the fact that some posts have been deleted.] <scout118> I can actually read all of the posts, even the deleted ones. Scanning over them, I promise you they don't change my decision. Most or all of what were deleted (by yourself and others) provided nothing of substances and were merely complaints. Ultimately, it's the current Bookie's call. Had she decided to go the other way, and refund the bet, I would have amended the rules in the same way but still supported her decision. In short, there's no way she can make a bad call, by definition. Sort of like an umpire in baseball: it's part of the game, by necessity. If that doesn't appease you, consider that you are effectively claiming that your chances of wining or losing the entire leg hinged upon getting a refund for a single ticket, a ticket for which you were so far off you couldn't even get TWO out of three slots right. If that's the case, I maintain that your claim to victory is very gossamer indeed. <All> Anyhow, sorry for this little affair, but best of luck during the final rounds of betting. |
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| Oct-30-16 | | centralfiles: I was all in on Anand will have to settle for a top 10 spot. Good Job Bookie Congrats to winner |
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| Oct-30-16 | | scout118: <chessgames.com: Not this it will calm any unsatisfied players this round, but to avoid this type of thing in the future I added these three clauses to the fine print found in the ChessBookie Game Help Page. • In the event that there are no winning bets placed on a Pick-3, Daily Double, or similar bet, the Bookie should pay all of tickets that come closest to winning. For example, in a Pick-3 anybody who had 2 out of 3 would be paid. In a daily double, having merely one of the correct outcomes would be paid. This usually destroys the odds and the winners should expect to receive little more than what they wagered. • The bookie may, at his or her discretion, place small wagers on initial bets ('seeding') to stimulate interest in the event. If it should happen that the only money placed on the winning outcome is Bookie money, the winnings will not be redistributed to the players (as above) but instead all winnings will go to the house. • Decisions of the bookie on matters regarding payouts, seeding wagers, canceled bets, and related matters are considered final, even if they contradict rules or guidelines found herein.> This clarifies matters & makes it all fair & square. I took a strong position but there was no intention of upsetting the bookie, which is basically a thankless volunteer position, as I understand. |
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| Oct-30-16 | | centralfiles: Can I complain that Anand shouldve won and Bookie should award the Anand ticket...
I think that would would be most fair... |
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Oct-30-16
| | Chessgames Bookie: Yes, players sometimes simply get an obviously wrong result, don't they? :\ Most inconvenient. I suggest you take it up with Mr. Ilyumzhinov, and as soon as he overturns the result, I'll follow suit. ;) The 2016 Summer leg is now over - <cg> will have to check the logfiles and announce the winners. :) Then we're going on a short yet well-deserved vacation, but we'll be back in time to cover the upcoming WCC! |
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Oct-31-16
| | chessgames.com: I've reviewed the logs, everything seems in order. Congratulations to <Barok Espinosa> who ended on 9,463 c$ and wins a one year free membership. Also congratulations to the qualifying runner ups: (2) scout118 7,088
(3) Touch of Knight 6,152
(4) Sneaky 6,074
(5) SwitchingQuylthulg 6,039
(6) wordfunph 5,649
(7) centralfiles 5,558
(8) HowDoesTheHorsieMove 5,017
(9) naufallabs 4,996
(10) kereru 4,815
Give us a day or two to clean up the mess and the next season will begin. |
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Oct-31-16
 | | jessicafischerqueen:
<I've reviewed the logs,> Wrong season brah. In Canada we usually do that for Christmas, when we enjoy a fine log fire. But wet logs can ruin your Christmas! Tonight is Halloween, you should be reviewing your costume, firecrackers and such. |
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Oct-31-16
 | | moronovich: Thanks to Bookie<Annnie K> for running this leg ! |
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| Oct-31-16 | | centralfiles: I'm going to have to let it go, you have no idea what kind of absurd amount of CBs Mr. Ilyumzhinov wanted to "review' it.... |
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| Oct-31-16 | | WinKing: Thanks <Annie K.> for a fun filled leg! :) I was up & down like a yo-yo...par for the course. Congrats to all those that made the top ten cut! |
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Oct-31-16
 | | OhioChessFan: <centralfiles> you should have offered Kirsan a ride on a UFO with your brother X. |
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| Nov-01-16 | | centralfiles: I did but I haven't heard from them since... |
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Nov-10-16
| | moronovich: 2 years ago we had a "running double" during the WC Match.Could we have one again this time !? |
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Nov-10-16
 | | Annie K.: Maybe in the later rounds. There's a lot of other action going on too in the next days, plus the player pool is still small, so the market shouldn't be flooded. :) |
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| Nov-15-16 | | wallytherhino: Thank you for having WCC Round 4: Karjakin - Carlsen (Advanced) and WCC Round 4: Karjakin - Carlsen (Basic). I think we need this when there is very little chess bookie activity besides the WCC match. Thank you for the all the hard work and dedication chess bookie. |
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Nov-15-16
| | Annie K.: <wallytherhino> thanks, and you're welcome! I like running this game. :) |
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Nov-15-16
 | | WannaBe: Can we have Carlsen-Karjakin (Remedial)? |
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Nov-16-16
| | Annie K.: No, because I can't decide if that should go Carlsen/Other or Draw/Other. ;p |
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| Nov-18-16 | | WinKing: When did queens come off the board in the first five games? Game 1: move 17
Game 2: move 20
Game 3: move 15
Game 4: move 24
Game 5: move 51 |
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| Nov-20-16 | | wallytherhino: Both players are closing their lines of attack and are willing to trade away pieces. Both players are playing super cautious chess. |
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Nov-28-16
| | Chessgames Bookie: ChessBookie Pay Day Announcement!
Pay Day will be on the 1st of December.
Yes, we're only one month into the leg, but this is going to be a short one; we need to return the timetable to normal (i.e., Tata in January traditionally belongs to the Championship Leg), after last year's extra-long Championship Leg. New Bookie players: Pay Day means that 1000 chessbucks will be added to every active Bookie player's account. Make sure to place at least one bet before that date if you want to be included in the payout! :) |
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