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17 votes (34%)
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1 vote (2%)
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50 members have voted

OnceDear
OnceDear
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August 21st, 2016 at 8:24:07 AM permalink
Quote: PeeMcGee

Let me add some clarity. ...
It’s a prisoner’s dilemma—you can better your personal situation by defecting…but cooperating yields better results for all involved as a whole.



Cheers,

So what you are saying is that if the pickers are choosing randomly 50/50 then it's by far the individual's best option to be a weasel $2 picker.

I feel this will be very close to, and beyond the tipping point where Mike gets to hold on to his money.
Psalm 25:16 Turn to me and be gracious to me, for I am lonely and afflicted. Proverbs 18:2 A fool finds no satisfaction in trying to understand, for he would rather express his own opinion.
Wizard
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August 21st, 2016 at 9:26:39 AM permalink
Here are the results of round 1 of the 33 who submitted a pick.

Pick Count
$1 22
$2 11
Total 33


Well done group. You won a total of $44, which is only $5 less than the maximum you could have won with 33 players of $49. There is obviously a little room for more selfish $2 players.

Round 2 shall begin now. Amounts shall be the same -- $1 and $2. The deadline to submit round 2 picks shall be 9 AM Vegas time on Thursday, August 25.

Of the seven players who didn't submit a pick, I randomly choose 3 (beerseason, MathExtremist, and TwoFeathersATL) to be eliminated and replaced by those on the waiting list: gordonm888, PlayYourCardsRight, CharliePatrick.

May the kibitzing for round 2 begin!

Round 2 player list.

  1. AxelWolf
  2. Ayecarumba
  3. beachbumbabs
  4. bigfoot66
  5. blount2000
  6. Boz
  7. Canyonero
  8. CharliePatrick
  9. Dalex64
  10. DJTeddyBear
  11. Doc
  12. doughtaker
  13. gamerfreak
  14. gordonm888
  15. GWAE
  16. HeyMrDJ
  17. Hunterhill
  18. jml24
  19. joeman
  20. Joeshlabotnik
  21. miplet
  22. MrGoldenSun
  23. mrsuit31
  24. odiousgambit
  25. OnceDear
  26. onenickelmiracle
  27. Paigowdan
  28. Paradigm
  29. PeeMcGee
  30. PlayYourCardsRight
  31. Romes
  32. RonC
  33. RS
  34. rudeboyoi
  35. SOOPOO
  36. theoriemeister
  37. TomG
  38. Torghatten
  39. Wizardofnothing
  40. wudged
"For with much wisdom comes much sorrow." -- Ecclesiastes 1:18 (NIV)
Doc
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August 21st, 2016 at 9:51:36 AM permalink
When I submitted my Round #1 pick to the Wizard, I said, "Just FYI, I do not see any clear, current, organized approach toward cooperation. In that void (if it continues), I anticipate that my bids in subsequent rounds will follow this strategy: ...."

And then I told him the "personal strategy" that I have mentioned in earlier posts. As stated, I will follow that plan unless/until there is some clear organization of this "cooperation" thing.

I will be willing to share the details of my method with the forum after this experiment is over.
SOOPOO
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August 21st, 2016 at 10:01:53 AM permalink
I am giving my proxy to Romes. He seems best suited to lead this motley crew. Awaiting instruction for Round 2 from King Romes.
PeeMcGee
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August 21st, 2016 at 10:24:32 AM permalink
Quote: Wizard

Here are the results of round 1 of the 33 who submitted a pick.

Pick Count
$1 22
$2 11
Total 33


Well done group. You won a total of $44, which is only $5 less than the maximum you could have won with 33 players of $49. There is obviously a little room for more selfish $2 players.



Well done everyone!


Quote: OnceDear

Cheers,

So what you are saying is that if the pickers are choosing randomly 50/50 then it's by far the individual's best option to be a weasel $2 picker.

I feel this will be very close to, and beyond the tipping point where Mike gets to hold on to his money.


Correct.

And even if you are dealing with an aggressive/self-interested crowd, selecting $1 will only increase your expected value by fractions of a cent at most.

So in a nutshell…it’s just better for you to pick $2.

But if everyone does what is in their best self-interest, then the group will suffer.

It’s a very interesting problem.
OnceDear
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August 21st, 2016 at 10:48:18 AM permalink
Quote: PeeMcGee

Quote: Wizard

Well done group.



Well done everyone!



Yayyyy. Way to go.

OK...... So, my best strategy, short of joining a VERY honest, trustworthy team would be for me to bid $2.
I could have done so last time and would have got away with it.

I was thinking that after openly bidding $1 last time and probably being suspected of being a lying rat, then I planned to openly bid $2 this time.

The maths says that I should now bid $2

The precedent says that I should now bid $2

AP gut says that I should now bid $2

Wanting to be seen to be honest, if a little selfish says that I should now bid $2

.
.
.
I'm therefore ACTUALLY going to bid $1 again.
Psalm 25:16 Turn to me and be gracious to me, for I am lonely and afflicted. Proverbs 18:2 A fool finds no satisfaction in trying to understand, for he would rather express his own opinion.
gamerfreak
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August 21st, 2016 at 11:07:05 AM permalink
Quote: OnceDear

Yayyyy. Way to go.

OK...... So, my best strategy, short of joining a VERY honest, trustworthy team would be for me to bid $2.
I could have done so last time and would have got away with it.

I was thinking that after openly bidding $1 last time and probably being suspected of being a lying rat, then I planned to openly bid $2 this time.

The maths says that I should now bid $2

The precedent says that I should now bid $2

AP gut says that I should now bid $2

Wanting to be seen to be honest, if a little selfish says that I should now bid $2

.
.
.
I'm therefore ACTUALLY going to bid $1 again.


I feel the same way, all this $2 talk has me nervous. I'm going with $1 today.
OnceDear
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August 21st, 2016 at 11:17:45 AM permalink
Quote: gamerfreak

Quote: OnceDear

Yayyyy. Way to go.
I'm therefore ACTUALLY going to bid $1 again.


I feel the same way, all this $2 talk has me nervous. I'm going with $1 today.



Quite so. That was my thinking. It will encourage the rats to mess it up for us.

anyway.....
Psalm 25:16 Turn to me and be gracious to me, for I am lonely and afflicted. Proverbs 18:2 A fool finds no satisfaction in trying to understand, for he would rather express his own opinion.
GWAE
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August 21st, 2016 at 11:47:59 AM permalink
So people see there was room for more 2s, does that mean more people go towards 2 this time. Hmmm, or does everyone have this same thought and everyone goes with 1.
Expect the worst and you will never be disappointed. I AM NOT PART OF GWAE RADIO SHOW
charliepatrick
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August 21st, 2016 at 11:57:16 AM permalink
Quote: charliepatrick

I used a pack of cards to make my selection to obtain P($2)=1/3 and P($1)=2/3. Spades=$2, Red=$1, Clubs=redraw. I believe, played cooperatively, this is the best way to play.

I have sent the card drawn and my selection to the wizard.

I shall repeat the same procedure for the second round, shuffling the pack, drawing a card and sending a message. As an additional bit of trivia the pack used is a used pack from the Bellagio.
OnceDear
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August 21st, 2016 at 12:02:26 PM permalink
Quote: GWAE

So people see there was room for more 2s, does that mean more people go towards 2 this time. Hmmm, or does everyone have this same thought and everyone goes with 1.

Damned good question!
Are we great individuals or are we a great society?
Which do we aspire to be?
Which SHOULD we aspire to be? . . . Especially when it's either/or.

I reckon that the aggregate result that first time was EXCELLENT. Much more altruism than expected and a pat on the back for all who took part. Odd that 7 didn't get their bids in.

Guys.... Let's not mess this up. Accept the weasels who say they must bid $2. Accept the rats who lie that they will bid $1. BID $1 or be a $2 weasel. Don't be a rat.

IF there is a round three, then I'm thinking of offering an even money side bet at higher stakes as to what my third bid has been, after I've placed it. Anyone likely to be up for that when the time comes?
Psalm 25:16 Turn to me and be gracious to me, for I am lonely and afflicted. Proverbs 18:2 A fool finds no satisfaction in trying to understand, for he would rather express his own opinion.
odiousgambit
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August 21st, 2016 at 12:40:49 PM permalink
I think the threshold for me *caring* about the difference between winning $1 or winning $2 depends on winning about $20, which somehow crosses a threshold for me. I'm guessing that amount makes me hark back to an earlier time* as it still is hardly any money at all.

So my new strategy is to keep bidding $1 cooperatively in order that Romes will be able to parlay a bet. I can't see the Wizard starting to dump hundreds on this game, so I don't think that will change. But if I am wrong and I can start to smell a twenty , I might renege and try to get one for my coffers ..... wuh ha ha ha haaaa

*I can distinctly remember as a young man "going all week" on $20, paying cash for everything, as carrying-around money anyway
the next time Dame Fortune toys with your heart, your soul and your wallet, raise your glass and praise her thus: “Thanks for nothing, you cold-hearted, evil, damnable, nefarious, low-life, malicious monster from Hell!”   She is, after all, stone deaf. ... Arnold Snyder
OnceDear
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August 21st, 2016 at 12:53:44 PM permalink
Quote: odiousgambit

I think the threshold for me *caring* about the difference between winning $1 or winning $2 depends on winning about $20



So ODG, when it comes to round 3 will you be interested in staking $20 at even money on what I have bid there?
Can you read my character? Read my mind across an ocean?

:o)

My first weekly full time pay cheque was just over £19 four or so decades ago.
Psalm 25:16 Turn to me and be gracious to me, for I am lonely and afflicted. Proverbs 18:2 A fool finds no satisfaction in trying to understand, for he would rather express his own opinion.
TwoFeathersATL
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August 21st, 2016 at 12:54:52 PM permalink
Of course my PM to Wiz didn't go thru, I hit send as I walked out the door for a fun filled day of soccer tournament ;-(

Put me on the waiting list pls. 2F
Youuuuuu MIGHT be a 'rascal' if.......(nevermind ;-)...2F
Joeshlabotnik
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August 21st, 2016 at 12:56:18 PM permalink
I wonder if any experiment like this has ever been done wherein a person's political bent has been correlated to his/her choice of the greater or the lesser amount. If I cared about society, I would tend to bid low; conversely, if I cared primarily about MOI, I would bid high--especially if empirical evidence showed that the latter was the option with the highest EV.

I think that our relatively altruistic group score may have had more to do with the fact that the amounts are trivial than any inherent nobility on our part. If we were talking about $1000 vs. $2000, I would expect a lot more selfishness. Also, as the rewards for screwing over one's fellow man become greater, the more likely a given person is to engage in such behavior. Heck, we had gun battles in gas lines not so long ago. Make a resource valuable and scarce enough, and many people--I daresay MOST people--would cheerfully shoot their grandmothers to get it. Imagine the violence that will erupt over the world's last Twinkie, for example. I'd like to think that everybody would link hands in a circle and go all nicey-poo, singing inspirational songs, but if anything, recent political and geopolitical events convince me that the world of Mad Max is, if anything, an understatement of mankind's future.

So Wizard, please fund the next round to the extent that we can bid $1000 or $2000, in order to create a really meaningful social experiment.
OnceDear
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August 21st, 2016 at 1:00:18 PM permalink
Quote: Joeshlabotnik

So Wizard, please fund the next round to the extent that we can bid $1000 or $2000, in order to create a really meaningful social experiment.


I wouldn't expect Mike to bankroll that. Imagine now if the wager had an entry fee and the payments came out of that. I've already suggested that to Mike, but it might fall foul of some dumb-ass gaming law.
Psalm 25:16 Turn to me and be gracious to me, for I am lonely and afflicted. Proverbs 18:2 A fool finds no satisfaction in trying to understand, for he would rather express his own opinion.
Canyonero
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August 21st, 2016 at 1:13:17 PM permalink
My second round pick is $2.

For the third round (assuming there is one), consider this:

As a recreational AP, I will always make the choice that has the most EV. As it stands, this is always picking $2. If however, a strategy is devised that changes that (such strategies exists and one possible such strategy is known to me), I will again make the pick that maximises my EV (which may involve an element of randomization). This may also mean following team strategy, if that maximises my EV.

For EV considerations, I will assume that such a strategy is employed by 30 players if at least 15 players commit to such a strategy before round 3 starts.

----

There was some talk about "rats", which made no sense game theory wise. There is no incentive to being a rat. I someone were to lie about their $2 pick in an otherwise perfect game, the rat would just give up $1 in EV since it would make all the players lose including themselves.
Canyonero
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August 21st, 2016 at 1:15:43 PM permalink
Quote: Joeshlabotnik


So Wizard, please fund the next round to the extent that we can bid $1000 or $2000, in order to create a really meaningful social experiment.



I am playing the game the exact same way I would for higher stakes, that is what makes it fun. I hope most others are as well.
OnceDear
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August 21st, 2016 at 1:26:54 PM permalink
Quote: Canyonero

There was some talk about "rats", which made no sense game theory wise. There is no incentive to being a rat. I someone were to lie about their $2 pick in an otherwise perfect game, the rat would just give up $1 in EV since it would make all the players lose including themselves.


Ah,
BUT, part of the strategy of the 'team players' must be to assume that some member of the team might lie to take advantage of an undeclared $1 bidding non-team member. I.e NOT an otherwise perfect game.

It's more fun with variables and mavericks.
Psalm 25:16 Turn to me and be gracious to me, for I am lonely and afflicted. Proverbs 18:2 A fool finds no satisfaction in trying to understand, for he would rather express his own opinion.
TwoFeathersATL
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August 21st, 2016 at 1:34:19 PM permalink
Of course my PM to Wiz didn't go thru, I hit send as I walked out the door for a fun filled day of soccer tournament ;-(

Put me on the waiting list pls. 2F
Youuuuuu MIGHT be a 'rascal' if.......(nevermind ;-)...2F
Joeshlabotnik
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August 21st, 2016 at 3:01:53 PM permalink
Quote: Canyonero

I am playing the game the exact same way I would for higher stakes, that is what makes it fun. I hope most others are as well.



I presume that just about everyone would play the game differently if something actually important/vital was at stake, just the way I would expect people to play differently in a poker tournament if the first prize was $10,000 as opposed to $10.

Of course, some people would indeed not care, yourself among them, as you say. But game theory is an exploration of decisions and risk vs. reward calculations. If the risk and the reward are both trivial, then it really isn't a valid test of human behavior.

I think what we need is a rethinking of incentives. How about this: if the percentage of people going for $2 is over 50%, we'll kill this puppy, but everyone who opted for $2 gets a Caesar's buffet comp.

a) Awww. Poor little guy. I'll order Chinese.
b) Screw the stupid mutt. They have awesome prime rib.
OnceDear
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August 21st, 2016 at 3:18:29 PM permalink
Quote: Joeshlabotnik

How about this: if the percentage of people going for $2 is over 50%, we'll kill this puppy, but everyone who opted for $2 gets a Caesar's buffet comp.

a) Awww. Poor little guy. I'll order Chinese.
b) Screw the stupid mutt. They have awesome prime rib.



Could we eat the puppy, rather than waste it's short, sorry life?
Psalm 25:16 Turn to me and be gracious to me, for I am lonely and afflicted. Proverbs 18:2 A fool finds no satisfaction in trying to understand, for he would rather express his own opinion.
mrsuit31
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August 21st, 2016 at 4:17:06 PM permalink
$1...
.
TwoFeathersATL
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August 21st, 2016 at 4:20:20 PM permalink
Quote: mrsuit31

$1...

See your $1, raise you $2.
Did we start a different game ;-?
Youuuuuu MIGHT be a 'rascal' if.......(nevermind ;-)...2F
mrsuit31
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August 21st, 2016 at 4:25:41 PM permalink
Quote: TwoFeathersATL

See your $1, raise you $2.
Did we start a different game ;-?



Indeed we did...

Quote: Wizard

Here are the results of round 1 of the 33 who submitted a pick.

Pick Count
$1 22
$2 11
Total 33


Well done group. You won a total of $44, which is only $5 less than the maximum you could have won with 33 players of $49. There is obviously a little room for more selfish $2 players.

Round 2 shall begin now. Amounts shall be the same -- $1 and $2. The deadline to submit round 2 picks shall be 9 AM Vegas time on Thursday, August 25.

Of the seven players who didn't submit a pick, I randomly choose 3 (beerseason, MathExtremist, and TwoFeathersATL) to be eliminated and replaced by those on the waiting list: gordonm888, PlayYourCardsRight, CharliePatrick.

May the kibitzing for round 2 begin!

Round 2 player list.

  1. AxelWolf
  2. Ayecarumba
  3. beachbumbabs
  4. bigfoot66
  5. blount2000
  6. Boz
  7. Canyonero
  8. CharliePatrick
  9. Dalex64
  10. DJTeddyBear
  11. Doc
  12. doughtaker
  13. gamerfreak
  14. gordonm888
  15. GWAE
  16. HeyMrDJ
  17. Hunterhill
  18. jml24
  19. joeman
  20. Joeshlabotnik
  21. miplet
  22. MrGoldenSun
  23. mrsuit31
  24. odiousgambit
  25. OnceDear
  26. onenickelmiracle
  27. Paigowdan
  28. Paradigm
  29. PeeMcGee
  30. PlayYourCardsRight
  31. Romes
  32. RonC
  33. RS
  34. rudeboyoi
  35. SOOPOO
  36. theoriemeister
  37. TomG
  38. Torghatten
  39. Wizardofnothing
  40. wudged



And it looks like you've been taken off the cool kid list. That means you can't have anymore punch :(

#NoFeathers
.
SOOPOO
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August 21st, 2016 at 4:31:24 PM permalink
Quote: Joeshlabotnik

But game theory is an exploration of decisions and risk vs. reward calculations. If the risk and the reward are both trivial, then it really isn't a valid test of human behavior.



Ditto. And for me, if it were 'real' money, I'd feel bad about taking it from Mike. I might play differently if some big corporation (Facebook, eg.) were putting up the money.
onenickelmiracle
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August 21st, 2016 at 5:06:28 PM permalink
Next round is going to be close. You can switch to $2 if you want nothing or a $2 bettor voter can choose $1 if they would rather want something. It is in your hands, the choice is yours.
I am a robot.
Wizard
Administrator
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August 21st, 2016 at 5:14:58 PM permalink
I hate to sound like a jerk, but when you submit your picks, please just submit the pick. I don't have time to carry on up to 40 conversations about how the game is going.
"For with much wisdom comes much sorrow." -- Ecclesiastes 1:18 (NIV)
onenickelmiracle
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August 21st, 2016 at 6:36:50 PM permalink
Voted $2. I expect a no win round anyway, so one of the previous $2 voters has to protect their bet by voting $1. Funny game where your choice affects success.
I am a robot.
Paradigm
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August 21st, 2016 at 10:20:25 PM permalink
I have submitted $1 for round 2.

I am committing my $1 winnings from Round 1 to the Romes Long Shot Challenge...who is with me in pooling those doll hairs together?

Romes I am trusting you on this ;-)!!
RS
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August 22nd, 2016 at 12:26:23 AM permalink
Submitted round #2 pick for $1.


This game kinda reminds me this joke (per reddit, where I just googled it, heard it from somewhere else before though) --

Quote: reddit

A young boy enters a barber shop..
...and the barber whispers to his customer, “This is the dumbest kid in the world. Watch while I prove it to you.”
The barber puts a dollar bill in one hand and two quarters in the other, then calls the boy over and asks, “Which do you want, son?” The boy takes the quarters and leaves.
“What did I tell you?” said the barber. “That kid never learns!”
Later, when the customer leaves, he sees the same young boy coming out of the ice cream store.
“Hey, son! May I ask you a question?
Why did you take the quarters instead of the dollar bill?”
The boy licked his cone and replied,
“Because the day I take the dollar, the game is over!”




Maybe if we all vote for $2 [or max amount] all the time, Mike will think we're all stupid idiots, and he'll keep raising the stakes, until it's at like $1k / $2k, then we all agree to maximize our EV and do 19x$2k and 21x$1k and win lots of dineros.
AxelWolf
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August 22nd, 2016 at 2:32:33 AM permalink
Quote: Paradigm

I have submitted $1 for round 2.

I am committing my $1 winnings from Round 1 to the Romes Long Shot Challenge...who is with me in pooling those doll hairs together?

Romes I am trusting you on this ;-)!!

I'm not in on a -EV long shot. Why not put it on a +EV 1/2 parlay card? I would've been in on putting it in on something like that Lion share machine and then if it happened to hit sending people a w2g. I'm willing to go with someone and investing it in a loss rebate. I'm sure someone in that group is coming to Vegas. I am certain I can grow the investment. perhaps a LVA coupon book or something.

Maybe a +EV $1 progressive.

Definitely no slots or VP for roams(he knows why).

Rigondeaux didn't play however he's really good at finding + EV sports stuff(IE Irregular lines) . I'm sure he wouldn't mind.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
Joeman
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August 22nd, 2016 at 6:24:06 AM permalink
OK, I have just caught up on the 15 or so pages of this thread that I missed. Are we going to attempt to collude for Round 2? The last team list I could find was from Thursday:
Quote: mrsuit31

List so far:

Romes
Mrsuit31
Blount2000
joeman
MathExtremist
doughtaker
miplet
Axelwolf
bigfoot66
gamerfreak

non team members:

soopoo
oncedear (for now)
tomG
Gwae
BBB
Canyonero

That's almost half....

Although, it appears that ME is out for Round 2. But, based on this post:
Quote: SOOPOO

I am giving my proxy to Romes. He seems best suited to lead this motley crew. Awaiting instruction for Round 2 from King Romes.

It looks like SOOPOO is on the team now. So, I believe the current list looks like this:


Romes
Mrsuit31
Blount2000
joeman
doughtaker
miplet
Axelwolf
bigfoot66
gamerfreak
SOOPOO

non team members:

oncedear (for now)
tomG
Gwae
BBB
Canyonero
"Dealer has 'rock'... Pay 'paper!'"
Romes
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August 22nd, 2016 at 8:10:59 AM permalink
Well done, team! I was out of town for the weekend so coming back to read this now is great news =).

We weren't far off our Max EV for the round, so even though Mike is using subliminal messaging to try to coerce more $2 bets, we need to stick to the game plan! Keep on betting $1 and we'll keep on cleaning house, THEN LET IT ALL RIDE!

Quote: Paradigm

I have submitted $1 for round 2.

I am committing my $1 winnings from Round 1 to the Romes Long Shot Challenge...who is with me in pooling those doll hairs together?

Romes I am trusting you on this ;-)!!

Ha, I'm still 100% in for this. I just submitted my $1 pick. Let's do it a couple more times! Hell, a $100 parlay could yield us enough money to really throw a party in Vegas with hookers and blow (lol).
Playing it correctly means you've already won.
GWAE
GWAE
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August 22nd, 2016 at 8:42:33 AM permalink
Why does it have to be a long shot. Wouldn't it be better to do either a 3 team parlay or bet 75% on a nice favorite. Do that 3 or 4 times. If we lose, we still have the 25% for a long shot that will still yield nice.
Expect the worst and you will never be disappointed. I AM NOT PART OF GWAE RADIO SHOW
Romes
Romes
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August 22nd, 2016 at 9:04:43 AM permalink
Quote: GWAE

Why does it have to be a long shot. Wouldn't it be better to do either a 3 team parlay or bet 75% on a nice favorite. Do that 3 or 4 times. If we lose, we still have the 25% for a long shot that will still yield nice.

All subject to group opinion/approval, of course... Just throwing the idea out of playing a parlay to take a shot at winning some "real" cash that we could all actually use for a WOV meetup.
Playing it correctly means you've already won.
mrsuit31
mrsuit31
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August 22nd, 2016 at 9:10:49 AM permalink
Quote: Paradigm

I have submitted $1 for round 2.

I am committing my $1 winnings from Round 1 to the Romes Long Shot Challenge...who is with me in pooling those doll hairs together?

Romes I am trusting you on this ;-)!!



I'm with Romes. As long as I can say "$5 winna" when we win. Romes will understand that.

I also submitted one dollar.
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IndyJeffrey
IndyJeffrey
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August 22nd, 2016 at 9:11:35 AM permalink
Rats! I'm just seeing this now? Too late to join?
Wizard
Administrator
Wizard
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August 22nd, 2016 at 9:22:33 AM permalink
Quote: IndyJeffrey

Rats! I'm just seeing this now? Too late to join?



You can be put on the waiting list. You would likely be in for round 3.
"For with much wisdom comes much sorrow." -- Ecclesiastes 1:18 (NIV)
IndyJeffrey
IndyJeffrey
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August 22nd, 2016 at 9:33:53 AM permalink
Quote: Wizard

You can be put on the waiting list. You would likely be in for round 3.



Perfect. Thank you.
TomG
TomG
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August 22nd, 2016 at 9:34:17 AM permalink
If the Red Sox win today I'll submit $2, if they lose, $1
GWAE
GWAE
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August 22nd, 2016 at 10:05:20 AM permalink
Romes, one issue might be the amount of people and people joining and getting kicked out. Also what if one person played 1 round and me and you played 10 (I have no clue how many there will be) do we break it into shares or is it just even?
Expect the worst and you will never be disappointed. I AM NOT PART OF GWAE RADIO SHOW
AxelWolf
AxelWolf
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August 22nd, 2016 at 10:27:47 AM permalink
Quote: Wizard

Instead of randomly picking people to be out to let new people in it would be much more interesting to let us Vote people out for the the next round along with out bid.

If you can get 50 people why not just let all 50 in?

I can think of 2 or 3 people who would probably partisipate they just haven't read this thread yet I don't think.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
rudeboyoi
rudeboyoi
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August 22nd, 2016 at 10:42:59 AM permalink
Im not on the team list. Add me to the team list. I just picked a $1 again and took a screenshot. I think doing the 1/2pt parlay cards with the pool at the end would be best. No one wants pocket change. Might as well try to hit a +EV longshot.
Romes
Romes
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August 22nd, 2016 at 11:01:07 AM permalink
Quote: mrsuit31

I'm with Romes. As long as I can say "$5 winna" when we win. Romes will understand that.

I also submitted one dollar.

Haha, this would be the true essance of "$5 winna!" if we could parlay it in to some decent coin =D.

Quote: GWAE

Romes, one issue might be the amount of people and people joining and getting kicked out. Also what if one person played 1 round and me and you played 10 (I have no clue how many there will be) do we break it into shares or is it just even?

A simple solution is this: If you're in on the last round, you're in on the pool. This will encourage people not to drop out or go MIA. If they do, then they miss out on the parlay action!

Quote: rudeboyoi

Im not on the team list. Add me to the team list. I just picked a $1 again and took a screenshot. I think doing the 1/2pt parlay cards with the pool at the end would be best. No one wants pocket change. Might as well try to hit a +EV longshot.

Spectacular... and let's keep the $1 bids going guys! What kind of money is the best money? FREE money!
Playing it correctly means you've already won.
SOOPOO
SOOPOO
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August 22nd, 2016 at 11:37:31 AM permalink
Maybe I was misinterpretted, or perhaps I misunderstood. I was willing to collude, but since the final decision on what to do with shared money seems up in the air, and no one is mentioning charity, I will not be part of the team in that sense. But to help the rest of the team I will select $1 this round, which should help out 'the team'.
blount2000
blount2000
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August 22nd, 2016 at 11:46:31 AM permalink
Quote: Romes

Spectacular... and let's keep the $1 bids going guys! What kind of money is the best money? FREE money!


I will once again submit my bid as $1, and would like to participate in the pool/parlay.
You serious, Clark?
GWAE
GWAE
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August 22nd, 2016 at 2:02:46 PM permalink
Quote: Romes

Haha, this would be the true essance of "$5 winna!" if we could parlay it in to some decent coin =D.

A simple solution is this: If you're in on the last round, you're in on the pool. This will encourage people not to drop out or go MIA. If they do, then they miss out on the parlay action!

Spectacular... and let's keep the $1 bids going guys! What kind of money is the best money? FREE money!



Not so sure that is the simple solution. What if I do 17 weeks and something messes me up on week 18 and I get chosen to be knocked out. Then I am not in? However I guess at that point I can just keep my $24 and not be part of the group? And if someone only plus week 20, they get to be part of a $300 parlay with only $1 invest where I have $24 invested? Not trying to be a downer, just like to have things planned in advance to avoid issues 3 months from now.

Who decides which paray we do? Let wizard decide? Does he even want invloved with that since he already has trouble getting all the money he wants down?
Expect the worst and you will never be disappointed. I AM NOT PART OF GWAE RADIO SHOW
mrsuit31
mrsuit31
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August 22nd, 2016 at 3:04:02 PM permalink
Quote: GWAE

Not so sure that is the simple solution. What if I do 17 weeks and something messes me up on week 18 and I get chosen to be knocked out. Then I am not in? However I guess at that point I can just keep my $24 and not be part of the group? And if someone only plus week 20, they get to be part of a $300 parlay with only $1 invest where I have $24 invested? Not trying to be a downer, just like to have things planned in advance to avoid issues 3 months from now.

Who decides which paray we do? Let wizard decide? Does he even want invloved with that since he already has trouble getting all the money he wants down?



We could realistically get a breakdown of who was involved in what rounds from the Wiz and figure out how much winnings they are entitled to from the rounds they participated in. Thereafter, everyone would get their proper share/percentage of the winnings, if they opted in to the Romes Parlayage action. Not that crazy to do, and realistically, if we get to that point it would be a worthwhile amount of winnings.
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rudeboyoi
rudeboyoi
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August 22nd, 2016 at 3:05:20 PM permalink
Idk how long this is going to last but whenever a new member joins we can start a new pool to settle any contribution issues. We can start a thread on what to bet the pool money on with a poll. We can have someone else here in vegas put the bets in and take another poll on who should hold onto it. Personally I think the wiz should refuse to help to add more drama to the experiment.
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