[BETS] NF.net Race to Neopian Riches

Discussion in 'Contests and Events' started by Phee, Jan 17, 2010.

  1. Phee

    Phee Moderator
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    Entrants as of February 2, 2010:
    Dark
    Tharoux
    Phee
    LukasTheCheater
    Shawn
    Lightning

    Start date: Feb 1st
    End date: Feb 28th

    Place your bets on who you think will win what; all three correct = pay out times 3 (bet 10 win 30); two correct = pay out times 2 (bet 10 win 20).

    Bets cannot be changed past the initial bet day (you have until 24:00 NST of the day you place your bets to change them) without consequence. You can change your bets however many time you want; however, the date of your most recent/latest change will be considered the day you place your bet. The later your bet the higher the payout; for every day past February 2nd payout is decreased by 2% (fractional payouts will get rounded up :)). A bet placed on February 3rd will pay out 98%; a February 4th bet will pay out 96%, etc.

    For example, if you bet 50 forum cash on February 10th and you guess all three right, you'll win 126 cash back for a net gain of 76 forum cash.
    February 10th = 8 days past February 2nd
    8 days * 2% deduction per day = 16% deduction
    100% total -16% deduction = 86% of raw payout
    50 forum cash initial bet * 3 for guessing all three correctly = 150 forum cash raw payout
    86% of raw payout * 150 FC raw payout = 126 FC total payout
    126 total payout - 50 inital bet = 76 net FC gain!

    If you have any questions post them in the discussion thread please!
    betting-section-f98/nf-net-race-to-neopian-riches-t31323-15.html
     
  2. lolcow

    lolcow Level III

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    30 on
    Dark
    tharoux
    Ree

    in that order
     
  3. LukasTheCheater

    LukasTheCheater Level II

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    D; I'm not in the selection xD
     
  4. LukasTheCheater

    LukasTheCheater Level II

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    I'll bet 50 on :
    Dark
    Tharoux
    Phee
     
  5. Junior

    Junior Administrator
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    I come from a land down under! (Maaaate!)
    Hrrm.. Since I'm a tightass, I'll go cheaply. Can't really afford much ATM.

    Tharoux
    Dark
    Phee
     
  6. Heather

    Heather Level IV

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    Hmm.. I'll go 30 on:

    Dark
    Tharoux
    Phee

    In that order XD Good luck!!
     
  7. Richy

    Richy Level IV

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    I trust Junior ^^

    Tharoux
    Dark
    Phee

    30 points... Phee, I think you're great, I really do ^^
     
  8. Junior

    Junior Administrator
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    I come from a land down under! (Maaaate!)
    Whoops... forgot to place the bet amount! No edit but or I would of edited. MANY APPOLOGIES!!!

    I'll bet 30 Forum Cash for the above mentioned order...

    Heh.. I got no idea, was just a random order =)

    (following suit with the bet amount :p)
     
  9. daFalco

    daFalco Level III

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    Dark
    Tharoux
    Phee

    80 Cash.

    All in ;)
     
  10. LukasTheCheater

    LukasTheCheater Level II

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    Rember peoples, I'm a choice too xD
     
  11. Heather

    Heather Level IV

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    I think Phee should put your name in green to match your rank like everyone else. Plus so you stand out and people see it XD
     
  12. LukasTheCheater

    LukasTheCheater Level II

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    Lol, Yea. That'd be better
     
  13. Junior

    Junior Administrator
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    I come from a land down under! (Maaaate!)
    Yeah I didn't even see you on the list...

    Just a question, for any of the late entrants into the NP making comp - obviously if we've already betted on 3 but someone else comes up (like Lukas for example... not that im changing mine (no offence lukas)). But would we be able to modify/change it to include the new person. And if so, would that still incur the late betting fee although it wasn't OUR fault for late betting :p

    Just curious!

    Oh BTW, Grats on LVL 2 Loco!
     
  14. Shawn

    Shawn Level IV

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    I bet 50 on Tharoux
     
  15. DeNo

    DeNo Level III

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    I think there should be a brief description from each telling us about there experience? Lol
    It's just with greyhounds and horses if you're betting.. theres a brief history etc so you know what the odd's are looking at.
     
  16. FastBullet

    FastBullet Level IV

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    I bet 50 on Dark. :D
     
  17. Lightning

    Lightning Administrator
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    Hmm, I'm wondering if I should join to stiffen some competition XD
     
  18. Phee

    Phee Moderator
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    Hmm, after some review yes you can change your bets, but the date you change your bets on counts as the date you place your bets and incurs the guessing penalty. But only up until February 15th; after this you can still place bets but no changing them.
     
  19. tharoux

    tharoux Level IV

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    See the main thread for updates on how everything is going.
    As of now:
    1-Dark
    2-Tharoux
    3-Phee
     
  20. Lightning

    Lightning Administrator
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    Hehe, add me to the betting list ;)