RebateWager Exchange: $1,000 Beta Contest for Conference Tournaments

**mugsey15** · 03-11-11, 05:59 PM

I have been trying to play a bunch. First time ever using any form of an exchange and have really enjoyed it. Most of my profit has been from underdogs on the ml. I think my biggest wager has been around 5000. Hopefully we can still get some good markets.

**Dark Horse** · 03-11-11, 08:19 PM

Originally posted by ThaddeusB

The format encouraged people to go all-in every bet. As such, for a substantial portion of bets one participant left the contest entirely. From what I saw, less than 200 signed up and probably half of those didn't place a bet. As such, I am suggesting a different format for the next one that will encourage more liquidity (Ganchrow, check your email for my suggestion later tonight.)

The total amount in circulation never changed.

**secretstash** · 03-12-11, 01:02 PM

Rough exchange today..anyone betting?

**Dark Horse** · 03-12-11, 01:09 PM

You want a little action on a later game?

**MadTiger** · 03-12-11, 01:17 PM

I will fade ALL MAC action on U of Akron. I am on Kent State. (Zip alum for grad school, and I live in Akron, but business is business). $19,000 available.

Will check X-Markets exchange at about 2:00PM.

**MadTiger** · 03-12-11, 01:18 PM

Originally posted by secretstash

Rough exchange today..anyone betting?

Come get some.

**MadTiger** · 03-12-11, 02:57 PM

Originally posted by MadTiger

I will fade ALL MAC action on U of Akron. I am on Kent State. (Zip alum for grad school, and I live in Akron, but business is business). $19,000 available. Will check X-Markets exchange at about 2:00PM.

As of 2:47PM, I kept my word and faded all that shit. Even the mofo who posted -160 $1,800 trying to test me. My word is my bond. Don't EVER do something like that again, person who will remain anonymous. I faded that shit, though. Not 'cause I am so strong on the Kent State play, it's just how I live my life.

Anyway, at 3:30 I will check again for everything under -125.

**MadTiger** · 03-12-11, 03:07 PM

$7,600+ left.

Just fade $8,250 even money.

**MadTiger** · 03-12-11, 03:24 PM

Tapped.

**secretstash** · 03-12-11, 03:35 PM

^ Fail?

**dikefale** · 03-12-11, 03:46 PM

Wow i was all in at UTEP anyway BOL guys...

**Dark Horse** · 03-12-11, 04:04 PM

Originally posted by MadTiger

As of 2:47PM, I kept my word and faded all that shit. Even the mofo who posted -160 $1,800 trying to test me. My word is my bond. Don't EVER do something like that again, person who will remain anonymous. I faded that shit, though. Not 'cause I am so strong on the Kent State play, it's just how I live my life.

Interesting monologue.

Method acting, right? In front of mirror, or no props?

**MadTiger** · 03-12-11, 04:59 PM

Originally posted by Dark Horse

Interesting monologue. Method acting, right? In front of mirror, or no props?

Just truth. I wanted to OUT the asshole angle-shooting motherfugger.

**ROYAJA8** · 03-12-11, 07:29 PM

Dam I wanna know who the leaders have right now. Cheer against them. I want this contest.

**ROYAJA8** · 03-12-11, 07:32 PM

I got Kansas right now. After that it's a tough one.

**azn624** · 03-12-11, 07:37 PM

is today the last day or tomorrow?

**MadTiger** · 03-12-11, 07:40 PM

Originally posted by azn624

is today the last day or tomorrow?

http://www.youtube.com/watch?v=Yop62wQH498

**FourLengthsClear** · 03-12-11, 08:40 PM

Slowly getting used to the interface which is very different to what I am used to with Betfair and to a lesser extent, Matchbook.

As far as the contest goes I got things badly wrong. I spent the first three days just trading/scalping and had no more than $200 in terms of exposure in any matchup and 'only' had a balance of around $15,000 at the end of that period. As a trading performance that is very good but in terms of winning a contest like this, it left me a long way back.

I have had a couple of 'all-ins' since then and assuming San Diego hold on to a 17 point lead, I will end up with around 60k.

My only real complaint (and I know we are only testing) is with the length of time it takes to grade bets. On the assumption that there will be no form of leveraging funds when the real money site goes live, traders like myself need to have their funds working for them.

**ROYAJA8** · 03-12-11, 08:54 PM

Dam they taking too long to grade the bets I need to bet on this next game. This site is cool but grading does have to be done faster.

**azn624** · 03-12-11, 08:58 PM

Been waiting for them to grade the kansas game and was hoping to make it in time for Louisville game but its not looking good

**ROYAJA8** · 03-12-11, 09:01 PM

Dam they went to sleep I think. I wanted the Louisville bet.

**ROYAJA8** · 03-12-11, 10:03 PM

Dam I guess the Kansas game is in 8 overtimes I didn't know. Let's go let's grade the pick. I wanna bet.

**ThaddeusB** · 03-12-11, 11:17 PM

Evrything is graded now and tomorrow's game is posted. One last chance to increase your bankroll. Good luck everybody.

**secretstash** · 03-13-11, 01:01 AM

still no big east or Wac tournament grades thad .. they seem to go to sleep on us late

-stash

**ROYAJA8** · 03-13-11, 01:21 AM

Dam Stash your in first good job. Too bad it didn't end tonight n I woulda got 2nd. Now it comes down to who gets luckiest.

**secretstash** · 03-13-11, 01:24 AM

u got any bets pending in wac or big east?

nj so far bud

-stash

**ROYAJA8** · 03-13-11, 01:26 AM

No do yOu

**ROYAJA8** · 03-13-11, 01:27 AM

Tommorrow is gna suck. Hard ass game to choose. N everyone is gna go all in.

**secretstash** · 03-13-11, 01:32 AM

yea tomorrow is nutts. people loading up 100k on both sides of game LAWL.. wtf?

i had utah st for small. like 2-3K.. no big east

-stash

**ROYAJA8** · 03-13-11, 01:35 AM

What's your plan I wanna see some action out not much right now. Who u got I'll take opposite for 1 of us will be the winner haha.

**secretstash** · 03-13-11, 01:45 AM

lol roya.. funny stuff. I wanna see standings obviously before I commit. I dont normally bet over night anyway.. gl to u tomorrow bud

-stash

**excel** · 03-13-11, 01:50 AM

GL guys I got fukin buried in this.

**ROYAJA8** · 03-13-11, 01:54 AM

Thanks gl tomorrow also. N thanks excel gl next contest man.

**mugsey15** · 03-13-11, 08:57 AM

I'm all in!!! Didn't really want to but if I didn't make move would just get beat. Bol all today. I've enjoyed the contest and ready for the next.

**ROYAJA8** · 03-13-11, 10:16 AM

Who's everyones money on?Who u got mugsy