Cooperation game
Poll
 | 17 votes (34%) | ||
| | 12 votes (24%) | ||
| | 1 vote (2%) | ||
| | 5 votes (10%) | ||
| | 5 votes (10%) | ||
| | 6 votes (12%) | ||
| | 3 votes (6%) | ||
| | 7 votes (14%) | ||
| | 3 votes (6%) | ||
| | 1 vote (2%) |
50 members have voted
Keep it simple, because it is.
Keep focused.
The barbershop kid has a point.
Go team.
PM sent.
Since this stupid thread has me checking in every day, might as well throw my name into the waitlist hat.......(if the Wiz will have me, of course)
And if the idea to vote others off the island is accepted, let it be known I am 100% team player, and will vote $1 until told otherwise.....
Perhaps we will get our answers when the Wiz writes his report on what he expected and what the end result was.
Quote: doughtakerSticking with the team, put in my $1 bid for round 2.
If/when the amount for the bids increases, then we need to organize to optimize out EV with the appropriate low/high bid submissions. The $.50 difference isn't worth the time or effort yet...
Agreed with mrsuit we can just make a thread after we have a prize pool and submit different options for parlays/picks.
EDIT: What happens if we "lose" on a subsequent round??? So for round 2 say we have more $2 bets than $1 bets... we get $0, but do we keep the winnings from Round 1???
I can agree with that.Quote: mrsuit31If/when the amount for the bids increases, then we need to organize to optimize out EV with the appropriate low/high bid submissions. The $.50 difference isn't worth the time or effort yet...
And that.Quote: RomesAs shown in round 1, there will always be people trying to either hurt the team or selfishly bet the higher amount. So long as we all bet the lower amount we don't necessarily need to work out "max EV." All we need to do is keep winning. That's the real goal here. This becomes a lot more complicated when you try to start mapping out who's betting $1 and who's betting $2. Everyone just bet $1... Worse case scenario we make $40 per round!
I'm voting $1 for Round 2.
Quote: RomesThis becomes a lot more complicated when you try to start mapping out who's betting $1 and who's betting $2. Everyone just bet $1... Worse case scenario we make $40 per round!
Was I over-thinking it? Hmmmmm. I never expected the team to adopt so simple a strategy.
This needs to generate traffic to the forum and amusement to Mike. If/when it comes to a simple steady $40 drain on his funds, he may decide it's not worth it. If on the other hand it causes controversy and debate, then he might just be inclined to keep feeding the flames.
He already gained $44 value from round one. Let's give him a game to enjoy. Let's give him a chance to 'win' else like a casino punter, he will stop playing.
Quote: RomesThis becomes a lot more complicated when you try to start mapping out who's betting $1 and who's betting $2. Everyone just bet $1... Worse case scenario we make $40 per round!
Well I meant if it turns into either $10 or $100 options (or larger denoms/ranges), then it may be worthwhile to work together on the complicated setup if we are going to increase our round win by 500% or more. But we shall cross that bridge if and when the time comes... But for now $1 vs $2 it makes no difference.
Wiz, I am also curious about the round by round aspect. Is it a pool of winnings across all the rounds or are people entitled to each rounds winnings if the team wins as a whole. For example, am I already $1 richer????????? (even though I opted for the parley play)
Quote: mrsuit31Well I meant if it turns into either $10 or $100 options (or larger denoms/ranges), then it may be worthwhile to work together on the complicated setup if we are going to increase our round win by 500% or more. But we shall cross that bridge if and when the time comes... But for now $1 vs $2 it makes no difference.
Wiz, I am also curious about the round by round aspect. Is it a pool of winnings across all the rounds or are people entitled to each rounds winnings if the team wins as a whole. For example, am I already $1 richer????????? (even though I opted for the parley play)
It is clear to me that Mike owes me $2 from round 1. And will owe me $1 from round 2, barring a real surprise. It is not up to Mike to be involved in any parlay, group distribution, or any such thing as that. If I drop out, or the game ends, or the group fails in a subsequent round, Mike will still owe me the $3.
So you are $1 richer. What you opt to do with that dollar is up to you.
Quote: SOOPOOIt is clear to me that Mike owes me $2 from round 1. And will owe me $1 from round 2, barring a real surprise. It is not up to Mike to be involved in any parlay, group distribution, or any such thing as that. If I drop out, or the game ends, or the group fails in a subsequent round, Mike will still owe me the $3.
So you are $1 richer. What you opt to do with that dollar is up to you.
I thought so, I was just checking. And yes I am aware the Romes idea is independant.
Quote: gamerfreakI'm assuming Mike is keeping track of everyone's winnings, and would pay out at the end to avoid half the games winnings going to paypal fees.
Get venmo, no fees.
You do realize instead of him setting up a paypal for $1 and $2 and $3 to 40 different people we would of course be making it a lot easier on him, and giving the forum something very entertaining, if we pooled our money and parlayed it though, right? Then he'd either only have to send all the money to 1 person, or if he were kind enough possibly make the bet himself as I believe we all trust him enough to do so.Quote: SOOPOOIt is clear to me that Mike owes me $2 from round 1. And will owe me $1 from round 2, barring a real surprise. It is not up to Mike to be involved in any parlay, group distribution, or any such thing as that. If I drop out, or the game ends, or the group fails in a subsequent round, Mike will still owe me the $3.
So you are $1 richer. What you opt to do with that dollar is up to you.
I noticed RalieghCraps wants in, wondered wher she had been hiding ,-)
So who gets first dibs? 2f that got dumped like trash on the side of the road ( cause his 1st PM didn't go thru ), or some new blood ( maybe big bankroll )? Curious minds, and all that.
I (cough) did request a spot on the waiting list when I read (cough) that I was one of three non-bettors from round one. JFYI.
Just 2F
Quote: RomesYou do realize instead of him setting up a paypal for $1 and $2 and $3 to 40 different people we would of course be making it a lot easier on him, and giving the forum something very entertaining, if we pooled our money and parlayed it though, right? Then he'd either only have to send all the money to 1 person, or if he were kind enough possibly make the bet himself as I believe we all trust him enough to do so.
Maybe give all the money to one participant who is visiting Las Vegas and have that person bet on something decided on by a vote of all "shareholders" ($1 per "share"; 1 vote per share). One bet every few weeks...with a thread for each bet. I hereby volunteer to do something like this (the idea can be adjusted) September 24-28 if the board wishes to and Mike is okay with it...
Unless that violates a law...this is in the spirit of fun...
Quote: RonCUnless that violates a law...this is in the spirit of fun...
I don't think it's legal to place bets for other people in Nevada. I don't think it's strictly enforced though? They talked about it on GWAE.
Quote: TwoFeathersATLRattata!
I noticed RalieghCraps wants in, wondered wher she had been hiding ,-)
So who gets first dibs? 2f that got dumped like trash on the side of the road ( cause his 1st PM didn't go thru ), or some new blood ( maybe big bankroll )? Curious minds, and all that.
I (cough) did request a spot on the waiting list when I read (cough) that I was one of three non-bettors from round one. JFYI.
Just 2F
I was unaware that RC had an operation. I hope all is fine. ;-)
Quote: GWAEI was unaware that RC had an operation. I hope all is fine. ;-)
As was I......
And to wit, The Wiz has not acknowledged my request to be added yet, and your [2Feathers] readd request was in front of my request, so unless Wiz has a "one and done" policy, I would assume you [2Feathers] get back in before I do.
But just in case, My phone and Internet works better than 2F...... I will not miss my PM date..... :-D
To show my good nature, I will sell you my spot ( if I get it back ) for $1.50. Of course you will have to go for the $2 bet, just PM me and I'll forward. You will either be $1.50 in debt to me, or win $0.50. I realize that doesn't sound all that exciting, but I have faith in the cooperation.
Guess that really will not work this round, I got thrown out, I'm feeling a little like, like, well, like someone else.
If I get back in before you, I will make you a deal that'll knock your socks off!
You do wear socks right ;-?
To be continued. 2F
Quote: RaleighCrapsAs was I......
And to wit, The Wiz has not acknowledged my request to be added yet, and your [2Feathers] readd request was in front of my request, so unless Wiz has a "one and done" policy, I would assume you [2Feathers] get back in before I do.
But just in case, My phone and Internet works better than 2F...... I will not miss my PM date..... :-D
Please don't read anything into Wizard's non-ack of these discussions. He's just not available at the moment, but will return soon.
Quote: gamerfreakI'm assuming Mike is keeping track of everyone's winnings, and would pay out at the end to avoid half the games winnings going to paypal fees.
I am. I'll pay all money owed at the end. I will also go along with any team payment request plus there will likely be a charity option.
Quote: TwoFeathersATLRC, I was not trying to rain on your parade.
To show my good nature, I will sell you my spot ( if I get it back ) for $1.50. Of course you will have to go for the $2 bet, just PM me and I'll forward. You will either be $1.50 in debt to me, or win $0.50. I realize that doesn't sound all that exciting, but I have faith in the cooperation.
Guess that really will not work this round, I got thrown out, I'm feeling a little like, like, well, like someone else.
If I get back in before you, I will make you a deal that'll knock your socks off!
You do wear socks right ;-?
To be continued. 2F
As a matter of fact, I mostly wear socks only when golfing, and I would not like my socks knocked off at that time... When wife and I hiked Upper Whitewater Falls, and Rainbow Falls a few weeks ago, I wore my heavy duty sandals, sans socks of course. That turned out badly for me as my right sandal broke the ankle strap with 1 mile left to get back to the car. That last mile, all up hill, really sucked.
Buying your spot, if you get it back first, would probably not be profitable, as I am already surprised the group made it past round 1.
It's not illegal if the person placing the bet has some sort of stake in the bet itself. Anyone placing the bet could simply throw in $1 of their own money and tag along.Quote: gamerfreakI don't think it's legal to place bets for other people in Nevada. I don't think it's strictly enforced though? They talked about it on GWAE.
Also, I don't think this got answered? Or perhaps it's still too early today and I forget... If we "lose" round 2, is the game over? Do we keep our round 1 "winnings?" Does this flow for all subsqeuent rounds that we keep our "winnings" each time even if we lose a round here or there or whatever?
Quote: RomesDoes this flow for all subsqeuent rounds that we keep our "winnings" each time even if we lose a round here or there or whatever?
Yes, everything flows over. In other words, you'll get the sum of what you win in each round.
As a reminder, about 2.5 hours left before round 2 closes. Seven people still have not submitted a pick.
Spectacular, so we've already made a couple bucks, team!Quote: WizardYes, everything flows over. In other words, you'll get the sum of what you win in each round.
Ahh! Get those $1 picks in guys!Quote: WizardAs a reminder, about 2.5 hours left before round 2 closes. Seven people still have not submitted a pick.
| Pick | Count |
| $1 | 24 |
| $2 | 10 |
I'm impressed with the altruism of the group. The percentage of $2 players dropped from 33.3% to 29.4%. However, that also means as a group you got a smaller percentage of the maximum possible sum.
For round 3 I'm going to try harder to get the greedy side of the $1 players to come out. The choices shall be $1 or $3. As always, if 50% or more choose the higher choice, then nobody gets anything.
Picks will be due 9AM Vegas time on Sunday. Okay, start kibitzing.
Team:
Romes
Mrsuit31
Blount2000
joeman
doughtaker
miplet
Axelwolf
bigfoot66
gamerfreak
SOOPOO
non team members:
oncedear (for now)
tomG
Gwae
BBB
Canyonero
Wiz, Can you supply and updated roster for me please.
Are we going to try to put together a strategy for this round? Here is the latest (I think) team roster:
--<edit>--
See list above -- Mr. Suit31 beat me to it!
Quote: JoemanJust for fun, I totaled the vote pledges for this round as disclosed in the thread. There were 13 $1 votes and 3 $2 votes publicly disclosed.
Are we going to try to put together a strategy for this round? Here is the latest (I think) team roster:
--<edit>--
See list above -- Mr. Suit31 beat me to it!
I gottya covered. Just need an update list from Mike. Hopefully everyone will not start submitting just yet.
Yayyyy us. Bad, BAD non-bidders!!!Quote: WizardHere are the results of round 2:
Pick Count $1 24 $2 10
Quote:I'm impressed with the altruism of the group. The percentage of $2 players dropped from 33.3% to 29.4%. However, that also means as a group you got a smaller percentage of the maximum possible sum.
For round 3 I'm going to try harder to get the greedy side of the $1 players to come out. The choices shall be $1 or $3. As always, if 50% or more choose the higher choice, then nobody gets anything.
OMG, Mike, that's a masterstroke. I was all set to pitch my bid at $2 but $3 might be too popular a choice.
I'm still waiting to see if the 'team' strategy evolves. So I'll desist from bidding until the last day.
I'm open to being recruited into 'the team' for this round on the proviso that I want to take any winnings of my own, for myself to spend, not pooled. PM me if you represent the team and want to direct me.
Quote: OnceDearYayyyy us.Quote: WizardHere are the results of round 2:
Pick Count $1 24 $2 10 Quote:I'm impressed with the altruism of the group. The percentage of $2 players dropped from 33.3% to 29.4%. However, that also means as a group you got a smaller percentage of the maximum possible sum.
For round 3 I'm going to try harder to get the greedy side of the $1 players to come out. The choices shall be $1 or $3. As always, if 50% or more choose the higher choice, then nobody gets anything.
OMG, Mike, that's a masterstroke. I was all set to pitch my bid at $2 but $3 might be too popular a choice.
I'm still waiting to see if the 'team' strategy evolves. So I'll desist from bidding until the last day.
I'm open to being recruited into 'the team' for this round on the proviso that I want to take any winnings of my own, for myself to spend, not pooled. PM me if you represent the team and want to direct me.
I dont think anyone has a problem with you taking your share if involved with the team as Romes made it clear and everyone agreed that you have an option to pool your winnings for the parlay...
If your ok with it ill include you on the list for the team for now and set the bids when we know what the situation is when the list is complete
Team:
Romes
Mrsuit31
Blount2000
joeman
doughtaker
miplet
Axelwolf
bigfoot66
gamerfreak
SOOPOO
Oncedear
paradigm
non team members:
tomG
Gwae
BBB
Canyonero
Quote: mrsuit31I dont think anyone has a problem with you taking your share if involved with the team as Romes made it clear and everyone agreed that you have an option to pool your winnings for the parlay...
If your ok with it ill include you on the list for the team for now and set the bids when we know what the situation is when the list is complete
Yes. Count me in as a cooperative team player who will comply with a direction by PM, so long as I get it by Saturday Evening (Need to bid on Saturday. UK timezone , 'cos travelling with little access to 'tinterweb)
I'd be grateful if the suggestion is for me to bid $3 in recognition of my previous altruistic $1 bids... Then $1 thereafter would be fine.
$:o)
Quote: OnceDearYes. Count me in as a cooperative team player who will comply with a direction by PM, so long as I get it by Saturday Evening (Need to bid on Saturday. UK timezone , 'cos travelling with little access to 'tinterweb)
Got it!
Quote: HunterhillDon't tell my mother I'm an AP,she thinks I play piano in a whorehouse
Love that Sig
I will pick $3. I will continue to pick the higher number until I get zapped with a zero. After being beaten down in that manner, I will perhaps join a team. Since he advocates the extermination of my team, I'll join another one. Not interested in extermination.
Quote: mrsuit31shifting oncedear over and got confirm from paradigm as well... This is what we got so far.
Team:
Romes
Mrsuit31
Blount2000
joeman
doughtaker
miplet
Axelwolf
bigfoot66
gamerfreak
SOOPOO
Oncedear
paradigm
non team members:
tomG
Gwae
BBB
Canyonero
I do not think I am technically part of the team. The money I am winning from Mike is not in a pool; I have not relinquished control of it. I will divulge my selection to the team so that they can use it to their advantage. I will select $1 again this round opening up the $3 option for more team members.
Quote: SOOPOOI will divulge my selection to the team so that they can use it to their advantage. I will select $1 again this round opening up the $3 option for more team members.
Cheers SooPoo.
I've seen that the team has so far restricted its stated strategy as 'All bid $1'
While I'm happy to go along with that, I'd urge the team to include some max bids, maybe drawn out of a hat by the team leader and PM'd out to the lucky souls.
We, as a society SHOULD be aspiring to maximise our collective EV, if only to keep Mike interested. If we take it really close to the edge, I second guess that he will up the max amount significantly.
Quote: OnceDearCheers SooPoo.
I've seen that the team has so far restricted its stated strategy as 'All bid $1'
While I'm happy to go along with that, I'd urge the team to include some max bids, maybe drawn out of a hat by the team leader and PM'd out to the lucky souls.
We, as a society SHOULD be aspiring to maximise our collective EV, if only to keep Mike interested. If we take it really close to the edge, I second guess that he will up the max amount significantly.
Team:
Romes
Mrsuit31
Blount2000
joeman
doughtaker
miplet
Axelwolf
bigfoot66
gamerfreak
SOOPOO
Oncedear
paradigm
hunterhill
non team members:
RonC
tomG
Gwae
BBB
Canyonero
Just to respond to your understanding of the team... We are not just doing a $1 team bid, we are going to take into account the non team members and then maximize by making the appropriate number of high and low bids to still win.
Edit to add: I will at the end flip a coin for the charity option.
Quote: rudeboyoiPut me on the team list.
Romes
Mrsuit31
Blount2000
joeman
doughtaker
miplet
Axelwolf
bigfoot66
gamerfreak
SOOPOO
Oncedear
paradigm
hunterhill
Rudeboyio
non team members:
RonC
tomG
Gwae
BBB
Canyonero
Onenickelmiracle
Babs, I had done that because you never responded to the team stuff and submitted votes without any response to the posts. I'd like you on board :)
In any event, I did claim that I didn't think following that strategy would hurt the team. My pick for round #2 was $1, which follows both my strategy and what appears to be the plan for team members -- no conflict, so no problem with the decision. Hope it works out well once again.
