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Regimental Groupfighting League / [RGL7] Gambling House
« on: May 10, 2020, 12:05:03 am »The Gambling House
Welcome gamblers! For this edition of the Regimental Groupfighting League, Tardet and I have decided that it would be the perfect opportunity to run a betting corner in the form of that gambling house. This is the perfect opportunity to show off your NW knowledge by making bets on weekly fixtures and make yourself some easy money. Because yes, you can make actual money from playing with us! There will be a small prize for the top 3 contenders in order to hopefully keep as many people interested as possible throughout the course of the event. Will your burn out all your cash in one crazy evening of betting or will instead opt for the long and more careful approach? It's up to you to decide!
Basic concept:
- Anyone is welcome to join the gambling house, whether or not or not you'd find yourself playing in the RGL.
- Every participant will be given a starting sum of 40 coins.
- These coins will be called 'Napoléons', in reference to the currency used during the First French Empire.
- This currency doesn't carry any particular value, real or virtual, except it helps to rank each participant. If you have 10 Napoléons, and someone else has 12, this person shall appear above you in the rankings.
- The betting corner is a weekly feature. You can bet on one, two, three or all four matches of the RGL.
- The minimum amount to bet on a match is 1 Napoléon. There is no maximum.
- A public excel tabler will be used to display the current results of each weekly bettings, current rankings and participants.
- You cannot give your Napoléons to a friend.
- The bettings for a match close 5 minutes prior to its starting time.
- If you wish to change one of your bets, always re-post a message including which one you would like to modify. If you post a bet and edit your message later on without saying anything, your bet may be deemed as null and void. If this happens frequently, this could be considered as fraud and you may even find yourself removed from the gambling house.
Odds Mechanism:
Because not all matches have the same stakes due to the strength of each participant, each of them will have their own odds. These odds effectively represent the multiplicator impacting every single bet.
Example A
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In this example, this encounter opposes two regiments of arguably similar strengths. Because they are in theory of a similar level, the odds are gonna be rather similar. With that being said, the Nr24 still has a small edge compared to the 17e and this edge shall be represented in the odds.
The '2.50' represents the multiplicator applied on the bets which give the 17e victorious. Effectively, it means that if you did bet 10 Napoléons on the 17e, you will receive 25 in case of a victory on their side.
Example B
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In this example, this encounter opposes two regiments of very different strengths. To reflect this skill-gap, the odds are very different. You gain pretty much nothing if you bet on the 92nd because they are pretty much certain of taking the victory against the 23e. If you decided to take a risk and bet on the 23e, you reward in the case of a victory will reflect the risk taken as it will be multiplicated by 5 in case of an upset.