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Tips / Bets Punter of the Year Competition - Possible Rule Change re Promotions

Discussion in 'Horse Racing' started by Ron, Feb 28, 2018.

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Do you agree to this potential rule change?

Poll closed Mar 2, 2018.
  1. Yes

    6 vote(s)
    50.0%
  2. No

    2 vote(s)
    16.7%
  3. Don't mind

    4 vote(s)
    33.3%
  1. Ron

    Ron Well-Known Member
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    At present, relegations can occur at any time, with betting suspended until the month next following the available balance reaching zero. I've been thinking , until now, that, maybe, promotions might take place once a year. My thoughts now are as follows:

    1. Everyone, including the very best professional gamblers, have losing runs
    2. At present, the only way is down
    3. The current rules favour those (myself included) who just happened to start off on a winning streak
    4. A year is far too long to operate a promotion process in a competition
    5. It is a fun game and therefore there should be more incentives to make it more fun

    So I'm thinking that at the end of each month there should be an opportunity for promotion along the following lines:

    1. Promotions will occur only at the end of each month, following completion of racing on the last day of the month
    2. To get a promotion one must, at that stage, be able to repay £1,000 and remain in profit
    3. Promotion can only be to the next highest League, regardless of the amount of profit
    4. There will be just 4 tiers, Premier League, Championship, League 1 and League 2. Relegation from League 2 will result in elimination from the competition

    I was also thinking of a maximum stake rule (based on % of available balance) but it will not be possible to provide available balances after each race and it would be too onerous for everyone to keep track of their own balances. A fixed maximum stake could not be fairly applied.
     
    #1
  2. Cyclonic

    Cyclonic Well Hung Member

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    Yep .... all of the above Ron. <laugh>
     
    #2
  3. Reebok

    Reebok YTS Mod
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    I also voted DM. I think that any rule change will favour some and disfavour (is that a word?) others. It could be argued that one would have betted differently had the new system been known in advance! I LIKE the idea of maximum stakes, but that would stop players from "playing up" their winnings, and you would need to restart the comp for it to be fair to all.

    So as always, it's your comp Ron - you say jump, we say how high :)
     
    #3
  4. smokethedeadbadger

    smokethedeadbadger Well-Known Member

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    I like the sound of this Ron and will keep the competition fun. Might I be so bold as to add a stipulation though? This is after all a competition with an overall winner with a prize at the end so might I suggest that anyone who has ever been relegated at any stage in the competition not be eligible for the big prize come the end?
     
    #4
  5. OddDog

    OddDog Mild mannered janitor
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    You could just take money out of it completely and calculate win percentage. But I thought the title of he comp says it all - a year long to accrue the most profit through discipline and intelligent staking. That is what appealed to me about the comp.
     
    #5
    floridaspearl and Chaninbar like this.
  6. mick the jolly sailor

    mick the jolly sailor Well-Known Member

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    A good punter can make a good annual profit even if he has a disastrous first month. The prize I will donate to the nearest non relegated person.
     
    #6
    Last edited: Feb 28, 2018
  7. Ron

    Ron Well-Known Member
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    That's exactly what has set me thinking Oddy. It is a year long competition. So if one person makes a healthy profit overall but has 2 bad months, in particular at the start, what is the fairest way. The potential change would effectively be saying everyone has a controlled £4,000 overdraft which may only be drawn down in accordance with the rules. As (I think) you alluded to, it could just be one league table. The leagues was just an idea to introduce a bit more fun which, on reflection, would need an option to earn promotion.

    And to be perfectly honest it was also to restrict the number in one table because I use the snipping tool to post the tables which means it's easier if the table can be displayed within a screen <laugh>
     
    #7
  8. Ron

    Ron Well-Known Member
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    Sounds fair smokey, if a prize is likely to be forthcoming
     
    #8
  9. Ron

    Ron Well-Known Member
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    Looks like the Rule change is carried so having looked at the situation at the end of February it's congratulations to Mick who has been promoted back to the Premier, having repaid his second advance. All those relegated at the end of February will now be advanced a further £1,000. Revised League Tables will be posted later but, to recap and summarise

    At the end of January the following were relegated to the Championship
    mick the jolly sailor
    Ardent1965
    smokethedeadbadger
    beeforsalmon
    Cyclonic
    NDS
    stick
    Fabulous Fabio
    DreverSpur
    Bostonbob
    ChelseaCOE2012

    Mick has amassed sufficient profit to repay his further advance and remain in profit resulting in promotion back to the Premier League

    At the end of February the following have been relegated to League 1
    stick
    Fabulous Fabio
    DreverSpur
    Bostonbob
    ChelseaCOE2012

    Leaving in the championship
    Ardent1965
    smokethedeadbadger
    beeforsalmon
    Cyclonic
    NDS
     
    #9
  10. floridaspearl

    floridaspearl Well-Known Member

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    I'm fed up with this comp already I won't be playing anymore. Making up new rules to appease those with no discipline. Some need to have a reel hard look at themselves.
     
    #10

  11. smokethedeadbadger

    smokethedeadbadger Well-Known Member

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    I suggested that once you're out then thats it but i was shot down because people wanted to keep playing even though they'd blown their grand. But then i took my head out of arse and realised its just a fun competition brilliantly organised by Ron for everyone to enjoy
     
    #11
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  12. Ron

    Ron Well-Known Member
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    It's a new comp FP being tried out. The rules are evolving but there will be no rule changes that would have to be applied retrospectively. No idea who you think the rule changes are aiming to appease to be honest. Bearing in mind it is a long term comp, the aim is to give everyone an ongoing interest without jeopardising the main aim of finding the punter of the year. All bets are recorded as are all advances so at the end of the year we have all the info needed to award the title and, if we want, other consolation awards can be determined. The Rule changes have been implemented to keep as many interested as possible for as long as possible. The main title will still be awarded on the basis of the original Rule.

    I have to point out that I am not changing the Rules on a whim. I simply review from time to time whether I have set up the competition correctly bearing in mind its long term nature and any significant Rule changes have been put to the vote before being implemented.

    I'm sorry you feel the need to drop out FP. I have removed you from the competition but if I spot you posting a bet I'll re-instate you, no problem. I see you have left with a healthy profit. Well done to you sir.
     
    #12
  13. Ron

    Ron Well-Known Member
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    Thank you smokey. I did notice you had a change of heart
     
    #13
  14. Ron

    Ron Well-Known Member
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    upload_2018-3-1_0-28-7.png

    upload_2018-3-1_0-28-46.png

    upload_2018-3-1_0-29-50.png

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    Still to show their hand
    Blueracingfan
    Steveo77
     
    #14
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