Tote Pool for Tuesday SBR Poker World Cup Action

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    Administrator
    • 06-10-10
    • 62211

    #36
    Originally posted by shaunovery
    Shouldnt i received 97 points for me dead heat

    Maybe someone could explain
    I hope and pray you are wrong. And I'm pretty close to certain the 68 I sent you is exactly right.

    How did you come up with 97? Might be easier to explain than how i came to 68.
    .
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    • Optional
      Administrator
      • 06-10-10
      • 62211

      #37
      OIC, you are wondering why you didn't get half of posted payout instead of 32.26%

      Reason is that there was more bet on USA than Europe meaning a component of payback is incorporated in that split.

      In basic terms the total amount bet on Europe was 32.26% of the total winning wagers made.
      .
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      • shaunovery
        SBR Posting Legend
        • 11-15-07
        • 18143

        #38
        With more bet on usa that is irrevelent
        That only dictates the odds for the payout

        If you bet a dead heat in a horse race you should get half of your stake on the odds

        It doesnt matter for this time but helps for future pools
        Comment
        • Optional
          Administrator
          • 06-10-10
          • 62211

          #39
          Originally posted by shaunovery
          With more bet on usa that is irrevelent
          That only dictates the odds for the payout

          If you bet a dead heat in a horse race you should get half of your stake on the odds

          It doesnt matter for this time but helps for future pools
          I understand what you are saying, and that is exactly how it would work if it was a normal pool. But this one limited max liability to equality on all bets.

          The idea was with so little time and so few bettors to prevent the possibility of 1 person betting very few points on an option getting a ridiculous payout.

          I aplogize again for the confusion. And I hate to say this, but I am really tired of thinking about this and really am confident I have it right, so I hope you guys can just 'trust me' it is correct by the rules this time.
          .
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