Wanna Bet?

Para Darkwater · October 2014

Just out of curiosity do any of you lovely VP people out there place bets? I've seen a few dogs that get bet on and as of late I've been getting more into placing bets myself. I think it would be neat to see this aspect of the game get used more. I'm not sure why really, just think it would be interesting if it came more alive.

MrClean · October 2014

I did at one point but then for a while I was the only one in every event betting and it kinda lost its appeal. I still do every now and then though, and if more people get into it I'll definitely pick it up again.

MorganSmith · October 2014

What events do y'all event most of your dogs in? I wouldn't mind eventing again and placing bets on dogs in the events!

Para Darkwater · October 2014

bryson wrote:

I did at one point but then for a while I was the only one in every event betting and it kinda lost its appeal. I still do every now and then though, and if more people get into it I'll definitely pick it up again.

I know what you mean, I would love to see an event full of bets on different dogs. I think it would spice things up a bit.

morgansmith159 wrote:

What events do y'all event most of your dogs in? I wouldn't mind eventing again and placing bets on dogs in the events!

I event in every type, 4 dogs in each event XD

MorganSmith · October 2014

Well what events would like be more probable to bet in?

Frostbight8 · October 2014

Yes! I've always kind of secretly wished that betting was a thing on here. Really, the amount of dogs that get bet on leaves the odds so high that there is never much of a pay out. If there were more bets, it could actually make it fun and worthwhile!

MrClean · October 2014

morgansmith159 wrote:

What events do y'all event most of your dogs in? I wouldn't mind eventing again and placing bets on dogs in the events!

I'm like Para in that I have a set of four dogs in every event...although I haven't been participating in conformation as much lately.

Frostbight8 wrote:

Yes! I've always kind of secretly wished that betting was a thing on here. Really, the amount of dogs that get bet on leaves the odds so high that there is never much of a pay out. If there were more bets, it could actually make it fun and worthwhile!

Agreed! That's why I've stopped betting, it's not really worth risking the vpc for such a low payout.

Para Darkwater · October 2014

morgansmith159 wrote:

Well what events would like be more probable to bet in?

I usually bet in conformation, showmanship, obedience and cattle herding. Really just because I know I have dogs that place decent in those events haha. But if betting got kicked up a notch I'd place more in more events

bryson wrote:

Frostbight8 wrote:

Yes! I've always kind of secretly wished that betting was a thing on here. Really, the amount of dogs that get bet on leaves the odds so high that there is never much of a pay out. If there were more bets, it could actually make it fun and worthwhile!

 Agreed! That's why I've stopped betting, it's not really worth risking the vpc for such a low payout.

Maybe we could start some sort of unofficial or official betting club or something haha. Not sure how it would work really but I would love to see this come more into play. I think it could be really fun if we could get lots of people placing bets, would make things interesting :twisted:

MorganSmith · October 2014

Maybe if you bet on a event post links so others might bet also on this page atleast!

Para Darkwater · October 2014

I'm going to try and bet in each event that I enter, which usually ends up being just about all of them lol. So it would be too many to link but if anyone wants to jump in and try and get betting going that would be awesome

MorganSmith · October 2014

I have betted on some events!

Para Darkwater · November 2014

Ok going to try something, kind of an unofficial club of sorts I guess. Just going to use this thread for now and each week I plan on announcing the event of the week to bet on. Events will be picked on a whim and if none of that type are created I'll either choose another type or host some. so this weeks event is Mushing : Please bet on all current mushing events. You can bet as little or as much as you want. Lets see how much betting we can get going!

Alabama · November 2014

I'll try to remember, but in the most likely event I forget, could you give a head's up before you run the events. I like to look over the competition before placing bets xP

Nacie · November 2014

I used to place bets all the time but got out of the habit. I will start again - most of the time :-)

MorganSmith · November 2014

Bids placed on mushing events!

Para Darkwater · November 2014

Alabama wrote:

I'll try to remember, but in the most likely event I forget, could you give a head's up before you run the events. I like to look over the competition before placing bets xP

Sure, I'll post here and on the BP and give a reminder a day or so before I plan on running

Nacie wrote:

I used to place bets all the time but got out of the habit. I will start again - most of the time :-)

I use to bet quite often too and then got out of it. Here recently I've been betting on every event that I enter but that's a lot of betting haha. I figure if I do an event of the week type thing maybe it'll be more manageable and be easier to get more people into it

morgansmith159 wrote:

Bids placed on mushing events!

Great and thanks a ton! Looks like this just might take off. If it does well I may make an official betting league or something if anyone would be interested XD

my cat jessie · November 2014

Paranormal Wolf wrote:

Alabama wrote:

I'll try to remember, but in the most likely event I forget, could you give a head's up before you run the events. I like to look over the competition before placing bets xP

 Sure, I'll post here and on the BP and give a reminder a day or so before I plan on running 

Nacie wrote:

I used to place bets all the time but got out of the habit. I will start again - most of the time :-)

 I use to bet quite often too and then got out of it. Here recently I've been betting on every event that I enter but that's a lot of betting haha. I figure if I do an event of the week type thing maybe it'll be more manageable and be easier to get more people into it 

morgansmith159 wrote:

Bids placed on mushing events!

 Great and thanks a ton! Looks like this just might take off. If it does well I may make an official betting league or something if anyone would be interested XD

I bet on the mushing events to and I will be interested in that

Para Darkwater · November 2014

cooljess6 wrote:

I bet on the mushing events to and I will be interested in that

Wonderful! There's a very good chance I'll be making a betting league then, seems like I'm gaining more interest

I think it would b a neat part of VP. When I start it I'll host a set of 4 events each week for the league to place bets on. So keep your eyes peeled for an official post some time before next week's event of the week is announced

Frostbight8 · November 2014

The thing that's always irked me with betting is it doesn't tell you who or how many people bet on the dog. If you start this you should have a thread where people have the option to voice (certainly don't have to) how much they bet on what dog.

Para Darkwater · November 2014

Frostbight8 wrote:

The thing that's always irked me with betting is it doesn't tell you who or how many people bet on the dog. If you start this you should have a thread where people have the option to voice (certainly don't have to) how much they bet on what dog.

That's always bugged me too, I wish at the very least it would tell you x amount of people have placed a bet on this dog. I hadn't thought about that aspect but will include the option in the official thread. Then it'll be easier to keep track of for those who want to voice their bets. Thanks for bringing that up and suggesting that Frost!

Cherokeezbaby · November 2014

Since this thread has been posted I have been betting, but I have noticed a for sure change in betting activity. I used to never see a bet being placed, but now I see at least two dogs being betted on in several different types of events; not just mushing. I am glad to see that this feature is becoming more and more active.

MorganSmith · November 2014

Okay so I just noticed a flaw with betting. Okay so I betted on dogs and the event was ran. Normally when I betted and won some VPC it would automatically be bookmarked. Well I just checked on some mushing events I had betted on and I had won some VPC but there was no indication that I had some earnings. I just wish it would show up on the management page or something, maybe say this event had been ran check your bets! Lol

Cherokeezbaby · November 2014

morgansmith159 wrote:

Okay so I just noticed a flaw with betting. Okay so I betted on dogs and the event was ran. Normally when I betted and won some VPC it would automatically be bookmarked. Well I just checked on some mushing events I had betted on and I had won some VPC but there was no indication that I had some earnings. I just wish it would show up on the management page or something, maybe say this event had been ran check your bets! Lol

I agree. I also think that you should have a few days (maybe 3) to collect the bet. Some people cannot constantly keep checking on the events to see if they have been ran on time or not.

Para Darkwater · November 2014

Cherokeezbaby wrote:

Since this thread has been posted I have been betting, but I have noticed a for sure change in betting activity. I used to never see a bet being placed, but now I see at least two dogs being betted on in several different types of events; not just mushing. I am glad to see that this feature is becoming more and more active.

I'm really glad to see there's been more betting activity. I've always wanted it to be a bigger thing, and figure too it'll help out with VP activity in general. Probably some time next week I'll start the official league if you want to join XD

Cherokeezbaby wrote:

morgansmith159 wrote:

Okay so I just noticed a flaw with betting. Okay so I betted on dogs and the event was ran. Normally when I betted and won some VPC it would automatically be bookmarked. Well I just checked on some mushing events I had betted on and I had won some VPC but there was no indication that I had some earnings. I just wish it would show up on the management page or something, maybe say this event had been ran check your bets! Lol

 I agree. I also think that you should have a few days (maybe 3) to collect the bet. Some people cannot constantly keep checking on the events to see if they have been ran on time or not.

I've had that happen a time or two before. Where I went through a spell betting like crazy I had a huge list of bookmarked events but there were a few that didn't show. It would be nice to see something on the management page that said you had an uncollected bet in whatever event.

Para Darkwater · November 2014

Just a heads up, I plan on running the mushing events on Wednesday. Most of them have 20+ entries except one I believe that's at 18. Hoping to get it to at least 20 before Wed.

Alabama · November 2014

Thanks for the head's up, I think I got all my bets placed last week LOL As far as I know, there is no time limit for collecting bets. I don't think I'd bet on anything months, but when I went to check that bookmarks had been placed after reading this thread, there was one from the last time I'd bet. The not placing the bookmark sometimes is a long standing glitch that even the previous owner couldn't pin down. Getting a notice for bets on the activity log was something that was asked for in Beta, though I've not checked to see if it's happened. Nice thing about more people betting is getting more money if you win place or show. Thanks for getting this started and for everyone getting involved.

MrClean · November 2014

Can someone explain how the odds work? Seems like a silly question

At first I thought it was fairly straightforward... If a lot of people bet on one dog the odds go down, as in people expect the dog to win so you don't win as much if it does. And if you bet on a dog and there are a lot of bets on other dogs the odds on your dog go up, as in people expect other dogs to win (your dog is less likely to win) so you win more money if your dog wins. It seemed to work that way, but it was hard to tell when there were only ever two or three bets placed per event! However since this whole thing started I've been seeing some strange things. For example, I checked out one event where a dog had odds like 175:1... There were no other dogs in that event with bets placed on it that I can recall, or maybe one other (I can't remember if that was before or after I placed my bet, but either way the odds were high). So basically that had to mean that there were a bunch of bets on that one dog but the odds were high... So how does it work? Am I more likely to win more money on a dog with few bets or a lot of bets on it? Is it better to place bets early (so as more people place bets on other dogs the odds increase) or late (so that I can bet on the dog with the highest odds)?

Alabama · November 2014

To be honest, I'm not completely sure how betting works either. It depends on how many people bet, on how many different dogs, as well as how much money is bet. I know it doesn't work like real life bets since those odds are set by the bookmakers depending on who is favored to win. For me, if someone has already bet on the dog I think will win, I won't bet on it. I get better odds if I bet on the dog that I think will come in second. For instance, in this event <a href="http://virtualpups.com/viewevent.php?event=385962"; target="_blank" class="bb-url">http://virtualpups.com/viewevent.php?event=385962</a>; , I think Nacie's Cyrano will win, however, the odds were already like 3/1, so I bet on the dog I think will come in second, Nacie's Lancelot, and got odds of 18/1, which also raised the odds on the dog I think will win to 4/1, along with raising the odds on the other dogs in the event. Because someone else placed a bet on a new dog or 2 since I placed mine, my odds went up to 25/1 and Cyrano's went up to 6/1. With a $100 bet, I will make 2600 if my dog wins. Even if it comes in 2nd, I should still win 1300. Whereas if I had also bet on Cyrano, the odds wouldn't change and even if it won, I'd only win about $700. Whoever bet on Para's Exia will make bank if they win and I would guess they've bet more than $100. I don't bet until a dog I think will win enters or until right before I think events will be run if I'm not real sure about the competition. This is something I'm hoping we can figure out better when/if Para gets time to set up the betting sheet.

Para Darkwater · November 2014

Speaking of betting sheet any tips or ideas as to how it should be set up?

Alabama · November 2014

Event # 2435 2436 2437 etc Player Bama 100Cyra 25/1 3rd $500 Para 500Exia 2345/1 2nd $10,500 Bryson 10Lanc 6/1 1st $60 Nacie 50Cyra 25/1 3rd $250 Maybe? The odds would be entered by whoever is running the event right before it's run.

Para Darkwater · November 2014

Thanks Bama, thinking of doing something like this on the official thread: the bet $ & payout portions will be optional for those who don't wish to say. Event #____________ Player______________Bet $____________Dog____________Odds____________Payout & Place Bama_______________$100_____________Crya____________25/1____________blank $ for blank place Para________________$500_____________Exia____________2345/1__________blank $ for blank place Bryson______________$10______________Lanc____________6/1_____________blank $ for blank place Nacie_______________$ 50_____________Crya_____________25/1____________blank $ for blank place Should I do this for every event of the type of the week or only those made for VPBL (VP Betting League)? I plan on hosting 4 events each week for the event type of the week, that way I know for sure the betting sheets can be filled out just before events run. And Mushing events will run tmw!

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Wanna Bet?

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