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Jul-15-06 | | soughzin: Ahh I see thanks for clearing that up. By the way what a strange format to wait months! |
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Jul-16-06
 | | Sneaky: What if the playoffs don't even occur in this leg? I've got some chessbucks tied up in that event, I can't wait forever for it... |
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Jul-16-06 | | EeEk: <Chessgames Bookie> I had more than 2000 bucks after winning, but now it's back to 1000, why is that? |
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Jul-16-06 | | EeEk: The playoff match should take place within two months, although last year it took a little bit longer than that. |
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Jul-16-06 | | stevenjg: <TIMER> Considering that you were -4000 in yesterday's list and there were no outcomes today, how did you manage to get back upto +5000 ( a swing of 9000 Chessbucks)?!!! |
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Jul-16-06 | | TIMER: <stevenjg> Simply, the list was corrected. I came from last place back to the top ten last leg, but even I couldn't do it this fast! I wish it would be so easy to get the 10000 I threw away in 2 days back, to resume normal service at the top. When the daily bets start again next week I will see what I can do. |
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Jul-16-06
 | | Chessgames Bookie: There is a strange bug with that list that can occur if somebody does business with the loanshark (paying or receiving) at the same time the stats are being computed. TIMER got pretty low but he was never really negative. About the Norwegian Championship, we're still waiting to hear when the playoffs are. |
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Jul-16-06 | | jennthebabe: <About the Norwegian Championship, we're still waiting to hear when the playoffs are.> If the loanshark is charging is 1 percent a day interest and there are 41+ days of waiting, then we will be losing money even if Magnus wins in the playoff. |
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Jul-17-06 | | russianfan: <What if the playoffs don't even occur in this leg? I've got some chessbucks tied up in that event, I can't wait forever for it...> Which is the last date for this leg anyways? |
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Jul-18-06 | | pwnerer: My brother said this would be a fun game,like fantasy football. Now I have all my bucks tied up in the Norwegian Championship. |
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Jul-18-06
 | | WannaBe: <russianfan> Considering that the last leg ended June 18th, and today is exactly (approx.) one month, we've still got exactly (roughly) 2 more month to go!! |
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Jul-18-06
 | | Chessgames Bookie: A few things...
<Dortmund> Betting for Dortmund Sparkassen: Winner is now open. <Dortmund Exotics> Also, we have two exotics of a type we haven't done here before, "Head to Head Matchups." For example, the Dortmund Sparkassen: Head-to-Head: Leko vs Kramnik has three outcomes, "Leko", "Kramnik", and "Tie." We will compare the scores of the two players, and whoever has the most total points will be the winner. In the event that they both tie with the same number of points, we will look at their individual games against each other to break the tie. If it's still tied, then the "Tie" ticket will pay. We also are offering Dortmund Sparkassen: Head-to-Head: Aronian vs Adams and will probably add a third soon. <Norwegian Championships: Will Carlsen Win?> Regrettably, we had to refund the "Will Carlsen Win?" ticket as the bet would not be settled this leg. We apologize for that. In retrospect, very careful wording in the description of the bet might have prevented this. <End of the Leg> We will announce the exact date that this leg will end shortly. It will probably be near the middle of September. <Interesting Statistics> My total earnings this leg from juice is 17,994. The total number of tickets sold this leg is 5,099. Of all the tickets sold, 19% of them were winners. |
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Jul-18-06
 | | WannaBe: Another interesting stat would be how much has the shark loaned out!!! (I'm not too interested in how much interest the shark has collected...) |
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Jul-18-06 | | YouRang: So, if I understand correctly, in order for the <Head-to-Head: Leko vs Kramnik> to be declared a "Tie", they must finish with the same score AND draw their game against each other? |
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Jul-18-06
 | | Chessgames Bookie: <YouRang> <to be declared a "Tie", they must finish with the same score AND draw their game against each other?> You have the right idea, but didn't express it very accurately. First of all, I think they play two games against each other. If their final scores (against all players) are tied with each other we'll look at their games against each other as a tiebreaker. If they draw both games with each other, or if Leko wins one and Kramnik wins the other, then the tiebreaker fails and the "tie" ticket wins. The purpose of these heads-up competitions is that it enables you to bet on your favorite player even if you don't feel confident that your favorite player will place first. |
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Jul-18-06 | | YouRang: <chessbookie> Hmmm, I thought Dortmund was a single round robin, where each player plays each other player just once. At least that's what I saw on the official site...that's why I asked. |
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Jul-18-06 | | YouRang: Rats, the official Dortmund site seems to be down now, although Kramnik's site (http://www.kramnik.com/eng/news/vie...) at least mentions that the tournament goes from Jul29 to Aug06. That's 9 days; not enough time for a double round robin with 8 players. |
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Jul-18-06
 | | Chessgames Bookie: No problem, if it's one game against each other, then we'll just use one game as a tiebreaker; the principle is the same. |
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Jul-19-06 | | rustamrocks: <Of all the tickets sold, 19% of them were winners.> I was under the impression that this percentage was much more. How wrong I was! |
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Jul-19-06 | | YouRang: <Chessgames Bookie: No problem, if it's one game against each other, then we'll just use one game as a tiebreaker; the principle is the same.> I agree that it's not a problem, as long as it's properly understood. Those who select "Tie" should understand that in a single round robin, they need the two players to draw their game. For example, Adams and Aronian will play each other in round 1. If that game is NOT a draw, then everyone who selected "Tie" for the Adams-Aronian head-to-head matchup have already lost their bets. |
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Jul-19-06
 | | Chessgames Bookie: <For example, Adams and Aronian will play each other in round 1. If that game is NOT a draw, then everyone who selected "Tie" for the Adams-Aronian head-to-head matchup have already lost their bets.> That's right. I don't want to dissuade people from taking the bet, but in my opinion the "Tie" ticket should probably be a pretty remote longshot. |
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Jul-19-06
 | | Chessgames Bookie: I'd like to make an announcement.
To our disappointment, it seems that a certain user is hellbent on disrupting our little game by creating multiple accounts. I would not make this allegation lightly. My analysis is based on several factors, not just IP addresses or other circumstantial evidence. While you can never be 100% certain about these things, I would offer 50:1 odds on being wrong in this case. I'm not going to name any names and I would appreciate if you would not post messages speculating exactly who I am talking about it. However, several accounts have been flagged for cheating. If your account that is flagged for cheating, you will see a police officer waiting for you when you enter the game. If you see the police officer, I urge you to email chess@chessgames.com and explain your case. Until you do that your account is on suspension. There is good news regarding all of this, however. We have an idea which will greatly change the nature of the game and at the same time eliminate cheating. I will explain that shortly. |
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Jul-19-06
 | | Chessgames Bookie: Here's our my idea that I mentioned in my previous post, which I hope will discourage people disrupting the game by creating multiple accounts. Maximum bets.
Simply stated, the Bookie will only take bets up to a certain size. This size could be a fraction of your net worth. For instance, when you start the game with 1000 chessbucks, he may only accept a 200 chessbuck wager. Later, as your fortunes grow, he will raise your limit. There are of course tiny details to work out. For example, if your net worth goes down should your maximum bet go down, or should I let you keep gambling at the levels you've grown accustomed to? Also, what fraction of your bankroll should be allowed in one bet--10% or 50% or somewhere in between? For bets like the Daily Double or the Pick Three, should the maximum bet be somewhat lower? Should the rules change at the very end of the leg? I propose that this change would serve three purposes: (1) to reduce the element of luck in the game, (2) to make the final odds be more sensible (no more absurdly large bets to throw the odds out of whack), and (3) to discourage multiple-account cheating. Of course, if this is implemented it will not take effect until the next leg. |
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Jul-19-06 | | YouRang: <Multiple accounts> Of course, the best way to discourage multiple accounts is to limit the game to premium members. (I am not advocating this -- just making the point.) <Maximum bets> Would you also prevent someone from making multiple bets on the same outcome? For instance, suppose I have 1000 chessbucks and your limit is 20%. Could I bet 200cb that Kramnik will win Dortmund, then make another bet of 160cb (20% of 800cb) that Kramnik will win Dortmund, for a total bet of 360cb? (Of course, I could keep going until I've bet almost all.) |
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Jul-19-06 | | percyblakeney: No police officer in spite of my 5522 chessbucks on Radjabov in Biel :-) |
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