The betting game returns
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Re: The betting game returns
I was green two years in a row 

Reignman- Messages: 6690
Points: 12154
Date d'inscription: 2009-11-24
Age: 37
Localisation: next stop, Garlic Cape
Re: The betting game returns
WebHead wrote:Yep, every race you get 10,000 no matter what, imagine it comes from a very generous bank. I think at the end of last season only 5 people were in the green? Everyone else was red.
So you get $10K per race and you must bet $10K per race?
From all the negatives we've witnessed, i think the best strategy for me will be:
Default bet $10,000 on Michael Schumacher to get Points Finish
Assuming he's always paying around $1.25, he only has to stay in front of 60% of the drivers in 80% of the races, i'll be in green, how hard can it be?
Actually on second thought, can i bet the opposite, ie MS not scoring points?
maliabu- Messages: 23
Points: 78
Date d'inscription: 2009-11-25
Re: The betting game returns
Firstly, no, you can't bet the opposite. You have to bet one of the available odds that are posted for each race. Maybe a Schumacher DNF will be an available odds, we will see, race by race.
Second, no your strategy will not win you this competition. Every race, at best, you will gain one quarter. So your total after the race will $12,500. If he misses out on points, you will lose -10000. To break even, you would need Michael to finish in the points 4 times out of 5 races.
This is a reasonable strategy for real life betting, particularly if you are betting with large sums of money. But in this game, you are competing against others. The winners will be the people that bet on an outsider at high odds to collect a rare podium finish or race victory. I think someone made over 100,000 in one race last season.
PS: I think the rule is a maximum of three bets each race. So you can split up your 10,000 to offset risk, etc. I am a very conservative better, I just try and be green by the end of the season. Leave the glory to Aussieracer and Monstar.
Second, no your strategy will not win you this competition. Every race, at best, you will gain one quarter. So your total after the race will $12,500. If he misses out on points, you will lose -10000. To break even, you would need Michael to finish in the points 4 times out of 5 races.
This is a reasonable strategy for real life betting, particularly if you are betting with large sums of money. But in this game, you are competing against others. The winners will be the people that bet on an outsider at high odds to collect a rare podium finish or race victory. I think someone made over 100,000 in one race last season.
PS: I think the rule is a maximum of three bets each race. So you can split up your 10,000 to offset risk, etc. I am a very conservative better, I just try and be green by the end of the season. Leave the glory to Aussieracer and Monstar.
_________________
Sebastian Vettel, 2x World Drivers Champion 2010/2011

WebHead- Messages: 2531
Points: 6851
Date d'inscription: 2009-11-25
Localisation: Brisbane, Australia
Re: The betting game returns
Yes, the guys who win take bets that are of medium likeliness (eg a Massa pole) but which has an odds of about 7.00 odd. If Massa got pole only every 4 races they will be in the money. But Ive never had the steel balls to succeed at it (Im a bit like Webhead).

Rus-Evo- Messages: 5655
Points: 14795
Date d'inscription: 2009-11-25
Re: The betting game returns
Well Aussieracer hasn't shown his face around here much so maybe im a shoe-in for this years glory!!!
He got lucky last year by the way
Dam Sutil i think it was grrrr
I fancy my chances again this year
Everyone should make their DEFAULT bets very very soon!!!!!
He got lucky last year by the way
I fancy my chances again this year
Everyone should make their DEFAULT bets very very soon!!!!!

MONSTAR- Messages: 3140
Points: 10402
Date d'inscription: 2009-11-25
Localisation: In GranTurismo land
Re: The betting game returns
Ahem! I would like think that i have a chance at winning this year. Last year was just my second year in the game, so I think I'm ready for primetime this year
.

Schumacat- Messages: 4447
Points: 13026
Date d'inscription: 2009-11-25
Re: The betting game returns
Default bet is a Ferrari car winning

Rus-Evo- Messages: 5655
Points: 14795
Date d'inscription: 2009-11-25
Re: The betting game returns
Schumacat wrote:Ahem! I would like think that i have a chance at winning this year. Last year was just my second year in the game, so I think I'm ready for primetime this year.
What was your biggest win SCHUMA?

MONSTAR- Messages: 3140
Points: 10402
Date d'inscription: 2009-11-25
Localisation: In GranTurismo land
Re: The betting game returns
It was a massive 30,000$ i think
on around 3000$ i invested.

Schumacat- Messages: 4447
Points: 13026
Date d'inscription: 2009-11-25
Re: The betting game returns
Thats alright. Just start betting 10k on those things and you will win BIG!!

MONSTAR- Messages: 3140
Points: 10402
Date d'inscription: 2009-11-25
Localisation: In GranTurismo land
Re: The betting game returns
Schumacat wrote:Ahem! I would like think that i have a chance at winning this year. Last year was just my second year in the game, so I think I'm ready for primetime this year.
Me too, and I am still angry for missing the win because of just half a tent (I wish I was Alonso, so I would have had 5 spare tents
) when Trulli missed Spa's pole position to fisichella.
Reignman- Messages: 6690
Points: 12154
Date d'inscription: 2009-11-24
Age: 37
Localisation: next stop, Garlic Cape
Re: The betting game returns
How many rookies are here now? me and ... ?
Hopefully I will have beginners' luck
Hopefully I will have beginners' luck

arizal_adl- Messages: 2678
Points: 8476
Date d'inscription: 2009-11-25
Localisation: Kay eL..
Re: The betting game returns
Here we go. Next time I would love to see some team odds and head to heads etc. But these odds are fine for a start.
------------------------------------
Winner Massa $3,334 @ 7.50
Winner Fernando $3,333 @ 3.50
Winner Lewis $3,333 @ 5.00
------------------------------------
------------------------------------
Winner Massa $3,334 @ 7.50
Winner Fernando $3,333 @ 3.50
Winner Lewis $3,333 @ 5.00
------------------------------------

Rus-Evo- Messages: 5655
Points: 14795
Date d'inscription: 2009-11-25
Re: The betting game returns
I think I'll go for safety this time as I haven't got any idea who's faster after the two practice sessions.
For winner:
Alonso $2,860 @ 3.5
Hamilton $2,000 @ 5.00
Vettel $1,670 @ 6.00
Massa $1,340 @ 7.50
Schumacher $1,360 @ 8.00
Button $770 @ 13.00
For winner:
Alonso $2,860 @ 3.5
Hamilton $2,000 @ 5.00
Vettel $1,670 @ 6.00
Massa $1,340 @ 7.50
Schumacher $1,360 @ 8.00
Button $770 @ 13.00

PURIST- Messages: 2780
Points: 6597
Date d'inscription: 2009-11-25
Re: The betting game returns
Maximum of three bets Purist!!

Rus-Evo- Messages: 5655
Points: 14795
Date d'inscription: 2009-11-25
Re: The betting game returns
Here we go
Winner
1.Lewis Hamilton @5.00 (4000)
2.Felipe Massa @7.50(4000)
Podium Finish
1.Adrian Sutil @15 (2000)

Winner
1.Lewis Hamilton @5.00 (4000)
2.Felipe Massa @7.50(4000)
Podium Finish
1.Adrian Sutil @15 (2000)


Diehard- Messages: 85
Points: 336
Date d'inscription: 2009-11-28
Re: The betting game returns
Ok here are my bets :
5000$ on Nico Rosberg for Fastest Lap @ 12.00
5000$ on Podium finish for Nico Rosberg @ 5.50
Don't let me down Nico
.
5000$ on Nico Rosberg for Fastest Lap @ 12.00
5000$ on Podium finish for Nico Rosberg @ 5.50
Don't let me down Nico
.
Schumacat- Messages: 4447
Points: 13026
Date d'inscription: 2009-11-25
Re: The betting game returns
5k on Race Winning Margin
Under 6 seconds 2.62
5k on Quali Winning Margin
Under .1 seconds 2.37

Under 6 seconds 2.62
5k on Quali Winning Margin
Under .1 seconds 2.37

esterence- Messages: 1544
Points: 5816
Date d'inscription: 2009-11-27
Localisation: Singapore
Re: The betting game returns
i almost forgot to place my bets
Fastest Qualifier
Fernando Alonso 3.75 - $5000
Fastest Lap
Felipe Massa 6.50 - $5000
Fastest Qualifier
Fernando Alonso 3.75 - $5000
Fastest Lap
Felipe Massa 6.50 - $5000

Pixx- Messages: 3727
Points: 10825
Date d'inscription: 2009-11-25
Re: The betting game returns
Fastest Qualifier
Fernando Alonso 3.75
$10.000

MONSTAR- Messages: 3140
Points: 10402
Date d'inscription: 2009-11-25
Localisation: In GranTurismo land
Re: The betting game returns
Winner Rosberg 10000

guesswho's back- Messages: 3332
Points: 12076
Date d'inscription: 2009-11-24
Re: The betting game returns
Reignman wrote:why why why???
OK : Default bet, Alonso winner
Bahrein bet:
Alonso winner : 3.000 @ 3.50
Vettel pole position : 3.500 @ 6.00
Podium De La Rosa : 3.500 @ 9.00
I'll be green at least! thks Vettel
Now Alonso winning (not whining) would be great

Reignman- Messages: 6690
Points: 12154
Date d'inscription: 2009-11-24
Age: 37
Localisation: next stop, Garlic Cape
Re: The betting game returns
Damn. I already start with - $10000.
Next race, ill remember.
Next race, ill remember.

marlonfj- Messages: 187
Points: 566
Date d'inscription: 2009-11-27
Age: 29
Localisation: Florianópois
Re: The betting game returns
marlonfj wrote:Damn. I already start with - $10000.![]()
![]()
Next race, ill remember.
Did you place a bet? If not then you dont lose. Unless you have a default bet.

MONSTAR- Messages: 3140
Points: 10402
Date d'inscription: 2009-11-25
Localisation: In GranTurismo land
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