Betting value

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LL 15 Rep. Posted 8th February 2017

Betting value

I wonder why i cant bet more than 20 out of my fake value which is in total higher than 100 , therefore 20% of the my betting value is higher than 20.

LEX answered 9th February 2017

2 answers

score 1 · Answer 1 · 2017-02-09T07:55:39+00:00

This used to be one of the betting features on tipify. The 20% also counted for people that were not making profit, below their 100 starting point.

I’m not sure why this feature was disabled, but my best guess is that it was disabled because people were running out of money too fast, if someone just kept betting 20% on each game and at the end of the day only had $10 left, they could only bet $2 at a time.

I myself think the feature should be implemented towards those that are in profit, which means high profit betters can make more profit, while people below profit still have a chance.

score 0 · Answer 2 · 2017-02-09T10:44:06+00:00

Naterade is right, it used to be a feature. But it’s not a fair setup to use for the tipster competition (since one user might have a 20% stake at $200 while the other can only have $2). We ran the two setups side-by-side for a long time, but it made it quite messy and hard to understand the tipsters stats.

It also made it quite difficult to understand whether a tipster was suggesting a large or small bet. Since the tipsters who were getting $1000+ inventories started betting 1% or 2% for everything, it was impossible to know whether their intention was to place a tiny high risk bet or standard bet.

Also very few of the high rolling tipsters could hold onto their profit using percentages since a single large 20% bet could wipe out a huge amount in one go.

So fixed stakes moves slower and don’t look so impressive, but we think it’s the most reliable and safest way for tipsters to share their tips and build a profit.

Betting value

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