Thread Rating:

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

beachbumbabs
beachbumbabs
  • Threads: 101
  • Posts: 14268
Joined: May 21, 2013
August 22nd, 2016 at 3:14:12 PM permalink
I counted 8 divisive suggestions, 4 unnecessary complications, and 12 chickens counted before they hatched, just in the last 5 pages/24 hours or so.

Keep it simple, because it is.
Keep focused.
The barbershop kid has a point.
Go team.
PM sent.
If the House lost every hand, they wouldn't deal the game.
RaleighCraps
RaleighCraps
  • Threads: 79
  • Posts: 2501
Joined: Feb 20, 2010
August 22nd, 2016 at 4:22:21 PM permalink
Okay, I have lurked long enough.
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.....
Last edited by: RaleighCraps on Aug 22, 2016
Always borrow money from a pessimist; They don't expect to get paid back ! Be yourself and speak your thoughts. Those who matter won't mind, and those that mind, don't matter!
Boz
Boz
  • Threads: 155
  • Posts: 5701
Joined: Sep 22, 2011
August 22nd, 2016 at 6:27:00 PM permalink
Just asking, but why would someone take the time to read the thread, debate the choices and then not bother to send their pick to the Wiz? Sure stuff comes up and I'm not bashing anyone but it seems like something simple becomes so difficult.

Perhaps we will get our answers when the Wiz writes his report on what he expected and what the end result was.
doughtaker
doughtaker
  • Threads: 0
  • Posts: 36
Joined: Oct 26, 2015
August 22nd, 2016 at 9:10:05 PM permalink
Sticking with the team, put in my $1 bid for round 2.
mrsuit31
mrsuit31
  • Threads: 82
  • Posts: 1325
Joined: May 29, 2010
August 23rd, 2016 at 12:05:03 PM permalink
Quote: doughtaker

Sticking 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...
.
Romes
Romes
  • Threads: 29
  • Posts: 5620
Joined: Jul 22, 2014
August 23rd, 2016 at 12:09:08 PM permalink
As 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!

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???
Playing it correctly means you've already won.
Joeman
Joeman
  • Threads: 36
  • Posts: 2454
Joined: Feb 21, 2014
August 23rd, 2016 at 12:38:14 PM permalink
Quote: mrsuit31

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...

I can agree with that.

Quote: Romes

As 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!

And that.

I'm voting $1 for Round 2.
"Dealer has 'rock'... Pay 'paper!'"
OnceDear
OnceDear
  • Threads: 64
  • Posts: 7539
Joined: Jun 1, 2014
August 23rd, 2016 at 12:47:25 PM permalink
Quote: Romes

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!



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.
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.
MrGoldenSun
MrGoldenSun
  • Threads: 3
  • Posts: 252
Joined: Apr 1, 2016
August 23rd, 2016 at 12:57:27 PM permalink
I just now voted $1.
mrsuit31
mrsuit31
  • Threads: 82
  • Posts: 1325
Joined: May 29, 2010
August 23rd, 2016 at 1:18:53 PM permalink
Quote: Romes

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!



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)
.
SOOPOO
SOOPOO
  • Threads: 123
  • Posts: 11495
Joined: Aug 8, 2010
August 23rd, 2016 at 1:27:01 PM permalink
Quote: mrsuit31

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)



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.
gamerfreak
gamerfreak
  • Threads: 57
  • Posts: 3540
Joined: Dec 28, 2014
August 23rd, 2016 at 1:51:10 PM permalink
I'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.
mrsuit31
mrsuit31
  • Threads: 82
  • Posts: 1325
Joined: May 29, 2010
August 23rd, 2016 at 1:57:28 PM permalink
Quote: SOOPOO

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.



I thought so, I was just checking. And yes I am aware the Romes idea is independant.

Quote: gamerfreak

I'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.
.
Romes
Romes
  • Threads: 29
  • Posts: 5620
Joined: Jul 22, 2014
August 23rd, 2016 at 2:31:10 PM permalink
Quote: SOOPOO

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.

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.
Playing it correctly means you've already won.
TwoFeathersATL
TwoFeathersATL
  • Threads: 37
  • Posts: 3616
Joined: May 22, 2013
August 23rd, 2016 at 3:39:48 PM permalink
Rattata!
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
Youuuuuu MIGHT be a 'rascal' if.......(nevermind ;-)...2F
RonC
RonC
  • Threads: 40
  • Posts: 4874
Joined: Jan 18, 2010
August 23rd, 2016 at 3:42:17 PM permalink
Quote: Romes

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.



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...
gamerfreak
gamerfreak
  • Threads: 57
  • Posts: 3540
Joined: Dec 28, 2014
August 23rd, 2016 at 3:53:20 PM permalink
Quote: RonC

Unless 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.
GWAE
GWAE
  • Threads: 93
  • Posts: 9854
Joined: Sep 20, 2013
August 23rd, 2016 at 4:48:19 PM permalink
Quote: TwoFeathersATL

Rattata!
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. ;-)
Expect the worst and you will never be disappointed. I AM NOT PART OF GWAE RADIO SHOW
RaleighCraps
RaleighCraps
  • Threads: 79
  • Posts: 2501
Joined: Feb 20, 2010
August 23rd, 2016 at 6:34:41 PM permalink
Quote: GWAE

I 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
Always borrow money from a pessimist; They don't expect to get paid back ! Be yourself and speak your thoughts. Those who matter won't mind, and those that mind, don't matter!
TwoFeathersATL
TwoFeathersATL
  • Threads: 37
  • Posts: 3616
Joined: May 22, 2013
August 23rd, 2016 at 7:27:24 PM permalink
RC, 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
Youuuuuu MIGHT be a 'rascal' if.......(nevermind ;-)...2F
beachbumbabs
beachbumbabs
  • Threads: 101
  • Posts: 14268
Joined: May 21, 2013
August 24th, 2016 at 1:25:50 AM permalink
Quote: RaleighCraps

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



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.
If the House lost every hand, they wouldn't deal the game.
Wizard
Administrator
Wizard
  • Threads: 1520
  • Posts: 27096
Joined: Oct 14, 2009
August 24th, 2016 at 2:15:38 AM permalink
Quote: gamerfreak

I'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.
"For with much wisdom comes much sorrow." -- Ecclesiastes 1:18 (NIV)
RaleighCraps
RaleighCraps
  • Threads: 79
  • Posts: 2501
Joined: Feb 20, 2010
August 24th, 2016 at 8:04:07 PM permalink
Quote: TwoFeathersATL

RC, 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.
Always borrow money from a pessimist; They don't expect to get paid back ! Be yourself and speak your thoughts. Those who matter won't mind, and those that mind, don't matter!
Romes
Romes
  • Threads: 29
  • Posts: 5620
Joined: Jul 22, 2014
August 25th, 2016 at 6:22:47 AM permalink
Quote: gamerfreak

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.

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.

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?
Playing it correctly means you've already won.
Wizard
Administrator
Wizard
  • Threads: 1520
  • Posts: 27096
Joined: Oct 14, 2009
August 25th, 2016 at 6:32:10 AM permalink
Quote: Romes

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?



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.
"For with much wisdom comes much sorrow." -- Ecclesiastes 1:18 (NIV)
Romes
Romes
  • Threads: 29
  • Posts: 5620
Joined: Jul 22, 2014
August 25th, 2016 at 6:38:43 AM permalink
Quote: Wizard

Yes, everything flows over. In other words, you'll get the sum of what you win in each round.

Spectacular, so we've already made a couple bucks, team!

Quote: Wizard

As a reminder, about 2.5 hours left before round 2 closes. Seven people still have not submitted a pick.

Ahh! Get those $1 picks in guys!
Playing it correctly means you've already won.
Wizard
Administrator
Wizard
  • Threads: 1520
  • Posts: 27096
Joined: Oct 14, 2009
August 25th, 2016 at 11:12:03 AM permalink
Here are the results of round 2:

PickCount
$124
$210


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.
"For with much wisdom comes much sorrow." -- Ecclesiastes 1:18 (NIV)
Ayecarumba
Ayecarumba
  • Threads: 236
  • Posts: 6763
Joined: Nov 17, 2009
August 25th, 2016 at 11:21:12 AM permalink
34 total bids. Are there new players coming in from the wait list?
Simplicity is the ultimate sophistication - Leonardo da Vinci
mrsuit31
mrsuit31
  • Threads: 82
  • Posts: 1325
Joined: May 29, 2010
August 25th, 2016 at 11:34:41 AM permalink
Can we try and update this list of folks....

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.
.
Joeman
Joeman
  • Threads: 36
  • Posts: 2454
Joined: Feb 21, 2014
August 25th, 2016 at 11:35:03 AM permalink
Just 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!
"Dealer has 'rock'... Pay 'paper!'"
mrsuit31
mrsuit31
  • Threads: 82
  • Posts: 1325
Joined: May 29, 2010
August 25th, 2016 at 11:37:27 AM permalink
Quote: Joeman

Just 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.
.
OnceDear
OnceDear
  • Threads: 64
  • Posts: 7539
Joined: Jun 1, 2014
August 25th, 2016 at 11:42:20 AM permalink
Quote: Wizard

Here are the results of round 2:

PickCount
$124
$210

Yayyyy us. Bad, BAD non-bidders!!!
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.
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
mrsuit31
  • Threads: 82
  • Posts: 1325
Joined: May 29, 2010
August 25th, 2016 at 11:44:59 AM permalink
Quote: OnceDear

Quote: Wizard

Here are the results of round 2:

PickCount
$124
$210

Yayyyy us.
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
.
mrsuit31
mrsuit31
  • Threads: 82
  • Posts: 1325
Joined: May 29, 2010
August 25th, 2016 at 11:47:13 AM permalink
shifting 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
.
OnceDear
OnceDear
  • Threads: 64
  • Posts: 7539
Joined: Jun 1, 2014
August 25th, 2016 at 11:49:59 AM permalink
Quote: mrsuit31

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


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)
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
mrsuit31
  • Threads: 82
  • Posts: 1325
Joined: May 29, 2010
August 25th, 2016 at 11:50:59 AM permalink
Quote: OnceDear

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)



Got it!
.
Hunterhill
Hunterhill
  • Threads: 54
  • Posts: 2213
Joined: Aug 1, 2011
August 25th, 2016 at 12:20:24 PM permalink
I am back and voted in both rounds .Put me on the team.
Happy days are here again
OnceDear
OnceDear
  • Threads: 64
  • Posts: 7539
Joined: Jun 1, 2014
August 25th, 2016 at 12:22:16 PM permalink
Quote: Hunterhill

Don't tell my mother I'm an AP,she thinks I play piano in a whorehouse


Love that Sig
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.
RonC
RonC
  • Threads: 40
  • Posts: 4874
Joined: Jan 18, 2010
August 25th, 2016 at 12:24:03 PM permalink
As an avid Trumper (ask that new guy; he and some other member now decide who I will vote for simply because of who I won't vote for), I am selfish and greedy. I also have a net worth that is much less than I tell people. No one would want to see my tax returns.

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.
SOOPOO
SOOPOO
  • Threads: 123
  • Posts: 11495
Joined: Aug 8, 2010
August 25th, 2016 at 12:46:47 PM permalink
Quote: mrsuit31

shifting 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.
mrsuit31
mrsuit31
  • Threads: 82
  • Posts: 1325
Joined: May 29, 2010
August 25th, 2016 at 12:53:57 PM permalink
The team title is merely for a voting trust/proxy type situation, NOT THE POOLING PARLAY AGREEMENT. We are simply teaming up to maximize EV, not to maximize the pool. As long as your open to colluding to maximize EV for all of us individually each round, you are part of the team.
Last edited by: mrsuit31 on Aug 25, 2016
.
OnceDear
OnceDear
  • Threads: 64
  • Posts: 7539
Joined: Jun 1, 2014
August 25th, 2016 at 12:54:12 PM permalink
Quote: SOOPOO

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.


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.
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
mrsuit31
  • Threads: 82
  • Posts: 1325
Joined: May 29, 2010
August 25th, 2016 at 12:56:19 PM permalink
Quote: OnceDear

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.



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.
.
AxelWolf
AxelWolf
  • Threads: 169
  • Posts: 22623
Joined: Oct 10, 2012
August 25th, 2016 at 1:07:34 PM permalink
I would like to see some more cooperation and planning to get more EV. Obviously/unfortunately we need a buffer. At some point I will no longer be willing to let greedy people suck off of the people willing to always pick the low amount. It feels like blackmail and at that point I'll be willing to get zero rather than people get forced to pick the low amount because some people just won't cooperate.
♪♪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♪♪
charliepatrick
charliepatrick
  • Threads: 39
  • Posts: 3014
Joined: Jun 17, 2011
August 25th, 2016 at 1:20:48 PM permalink
I still maintain the best strategy is to pick the high value with probability = 1/3 (actually for $3 it's slightly greater at about 35%). This is the best co-operative way and saves some people always having to pick $1 and others getting away with the higher value. Naturally if a group decide to take turns then this is also the easiest method by organising triples or multiples choosing 112 121 or 211. I shall pick mine as before using a pack of cards - fwiw my previous pick was a diamond so it was $1.
onenickelmiracle
onenickelmiracle
  • Threads: 212
  • Posts: 8277
Joined: Jan 26, 2012
August 25th, 2016 at 1:27:16 PM permalink
I'm raising again, cooperating by letting my choice known and inspiring the intelligent choice for the rest to consider it is EV to vote $1.

Edit to add: I will at the end flip a coin for the charity option.
Last edited by: onenickelmiracle on Aug 25, 2016
I am a robot.
beachbumbabs
beachbumbabs
  • Threads: 101
  • Posts: 14268
Joined: May 21, 2013
August 25th, 2016 at 1:35:05 PM permalink
PM sent. Not impressed with the arbitrary assignment to non - team on day 1 of this.
If the House lost every hand, they wouldn't deal the game.
rudeboyoi
rudeboyoi
  • Threads: 27
  • Posts: 2001
Joined: Mar 28, 2010
August 25th, 2016 at 1:38:25 PM permalink
Put me on the team list.
mrsuit31
mrsuit31
  • Threads: 82
  • Posts: 1325
Joined: May 29, 2010
August 25th, 2016 at 1:49:02 PM permalink
Quote: rudeboyoi

Put 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 :)
.
Doc
Doc
  • Threads: 46
  • Posts: 7287
Joined: Feb 27, 2010
August 25th, 2016 at 2:40:57 PM permalink
Well, it seems I am on neither the "team" list nor the "non-team" list. Perhaps because I noted that (1) I did not see signs of cooperation during round #1 and (2) I had a "personal strategy" I could follow in the event of no plan for cooperation.

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.
  • Jump to: