Betting Game - Good News for All - No Losers - Everyone will make money

in betgames •  4 months ago

Hey Steemians,

We have some great news for you!
goodnews.jpg

Now you can play bets without worry! Because you don't lose your money. How?

Every Loser of a Bet Gets - Upvote from @betgames worth $1SBD for every $1SBD of bet


@betgames will upvote every losers post for the amount of bet they made.

Because we wanted to make sure losers don't actually lose money!
We will upvote every losers quality post for the amount of bet they made.
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If you have bet 1 SBD and lost, we will upvote your quality content posts until you get $1 SBD upvote from @betgames.

So losers actually get their investment back, while winners get back both investment and some profit.

Our current voting power is at $0.07 SBD per vote(this will increase in near future). So we will vote every losers 15 quality posts so that you you get somewhere close to $1.05 SBD worth of vote.

if you don't have 15 quality posts, we will keep voting for your new quality posts until you are paid what you have bet!!

And you already know what does winner of a bet gets, Winner gets instant money from losers bet distributed equally

So to summarize:

  • Winner always gets anything >$1SBD based on how many losers are there.

  • Loser get upvote from @betgames worth $1 SBD ( current voting power of @betgames = 0.07SBD, so total of 15 upvotes on 15 posts= 15*0.07 = $1.05 SBD, this will take some time as we can't vote too many posts a day ), remember to have some quality content

  • What does @betgames get? @betgames get a fee of 10% from total bet amount

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  • To help us vote losers more efficiently with bigger vote value per vote, so that we can get their loss recovered as soon as possible, we would love more SP delegated to us.
  • If we get lot of SP we can vote for both losers, winners as well as the delegators for their quality content.
  • So you earn by delegate, you earn via betting, you earn even if you lose.

So we are here with delegation service as well.

For every 100 SP you delegate to @betgames, you will receive $2 SBD a month from @betgames


Note: payouts will be made every 15 days, if you undelegate before 15 days you won't get the payout

Delegate 100SP = You get $2SBD every 30 days


Delegate 500SP = You get $10SBD every 30 days


Delegate 1000SP = You get $20SBD every 30 days


Delegate 5000SP = You get $100SBD every 30 days

You can make delegations for any amount>= 100SP, for every 100 SP you delegate you will get $2 SBD per 30 days

To make custom delegations you can use the delegation manager avaialble at
https://steembottracker.com/delegation.html

delegate.png

Go ahead and bet, win SBD if you win bet, get your investment back as upvote if you lose bet

To bet for Game 1,

Send 1 SBD to @betgames with your choice in memo (choice A - Australia, choice B-England)
Click here to go to the post regarding Game 1 Betting Info

To see who voted for who?
At last if you feel you want to donate some SBD for this initiative, please feel free to do so by donating any amount to @betgames

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Our first betting game is posted here:
https://steemit.com/betgames/@betgames/betting-game-1-cricket-aus-vs-eng-jun-13-2018
ready-to-bet-casino.png

You can see how many SBD's are wagered on each side on our home page which is updated every 6 hours. You can always check out wallet to get live update how many bets are made on each side.
home.PNG

We are here to entertain you all and in the process you will earn money and not lose for sure!

Also, please note that when we upvote loser, we wan't to make sure that you shouldn't plagiarize your content, if we come to know that you did plagiarize we will remove the vote and ban you from playing bets. So please contribute to the steemit society with your good content.


Plagiarism_1.png

Once we are done with Game 1, we will announce next game. We will keep interesting matches for betting.

We also want to make sure every game we post the two sides have somewhat equal odds of winning so that its not too obvious who will win. Everybody on steemit are welcome to nominate next game on comments, we will take your inputs. FIFA world cup is also under consideration. Nominate games on comment.

We want you to have fun as much as possible and will consider the games you like for betting

Also, we are a big fan of @gtg, and @yabapmatt please note that they have no connection with us, but we just love their work

So vote for their witness
vote for gtg
vote for yabapmatt

We have also voted for @utopian-io and @busy.witness , Please let us know if there are more interesting witnesses we need to vote on, we are here to serve the community, lets grow together!

Join our discord channel: https://discord.gg/S6C4Q9a

Credits,
@betgames

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
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This one is a better idea over the other. Making this a reality is quite a significant move. Hopefully in the future you can add much more greater things in your service. I am not of betting against other peoples money but I am fan of bringing new people into the system. Cannot wait to see you grow as time goes by

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Wow......This is a welcome development that i think will help the community grow. I mean.............since everyone is gonna make money, then there us no LOSER. This is amazing. Thumbs up

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Agree. This is awesome in my opinion.

Great post
Well done, thanks for the initiative
Amazing photos‏..

good for you ..
Always who works deserves .. We must remember that God will not wrong us and that each one of us has so much chance in life
Great post .. thanks..

Wow, this is absolutely a brilliant idea for making everybody on a win-win situation. It will surely bring everyone in and encourage them to be part of the system and not only for the betting purposes. kudos!

good idea, I participated.

You currently have 500SP with a 100% vote of roughly 0.07. Let´s say your voting power is being spent immediately than your overall STU you can distribute is 1.785.

In order to be able to upvote let´s say 100 losers you need roughly 56 times more voting power to fulfill your promise of recovering the 1SBD within 15 posts. That´s a delegation of 28,000.

That doesn´t sound too much. But you are going to have more than 100 losers if you grow. And you have to pay the guys who delegate their power to you while you can´t upvote your own stuff to pay them, because you have to use all the voting power to pay the losers of the bets.

If you want your business model to succeed your delegations have to grow significantly faster than the number of users. However people will only delegate if you prove that you can keep your promise.

No matter how you frame it you would have to pay the delegators or the losers from your pockets and we all know that you will not do that.

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We understand the concern you mentioned, paying the loser is going to take some time at our current SP, but we will pay. The disadvantage of losing a bet is you have to wait for our vote, we will vote with whatever steem power we have got. If someone delegates us, thats going to help the cause.

When the user base grows, we will be able to use the fee to pay for the delegators. Though initially we will need to make some investment, but we believe by providing quality service we will grow, and thus we will get delegations as well.

Thank you for your inputs,
@betgames

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I dont think the idea of voting losers to support them is a good one. as each wek passes, the list will only get longer, and with the current SP you have, it's gonna be a long time to get it over with. i dont have a solution to that, but i need you to consider it

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Checout our new post: https://steemit.com/betgames/@betgames/betgames-game-1-winners-are-here-and-game-2-announcement

In a way its good for steemit platform if it takes time to payback the losers. As losers will stay on this platform for long while contributing with their articles/comments/etc

Don't get it either , help?

oh well.. thanks for the info

I prefer I bet with my upvote

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How to bet with your Upvote sir?

this is amazing, awesome work

Nice idea.but give one warning to them to do better posts and if they not changed doing pliagirizm then ban them.
you invested lot of steem dollars for this and hope u will be succeed.
Thank you

Lol, nice

That looks like exploiting steem or misleading people, in both ways its fishy, lets find out what happens.

Fan of JerryBanfield, why doent that suprise me......So if 1000people make a losing bet you willgive them all their stake back in the form of upvotes ? lol...how exactly is that going to work?

Great game. Just waiting for the next game to be announced.

how to do it, please guide him hopefully fast and easy to earn money, permission to share his post yes

awesome!!! that is a nice idea because this is a win win project.
thanks guys!! good luck!!!
have a great day!!!

You got a 20.30% upvote from @postpromoter courtesy of @betgames!

Want to promote your posts too? Check out the Steem Bot Tracker website for more info. If you would like to support the development of @postpromoter and the bot tracker please vote for @yabapmatt for witness!

UH........FFF INTENTARE MEJORAR LAS PUBLICACIONES...

I've not 1SBD to send so you can sent or upvote my post first then I will surely sent you

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WHy would you comment this in the first place my brother. I am a new person here but i can tell this comment does not sound good at all

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If you face any problem in this comment. I'm really sorry

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hahahahah :)

Wait, I am really confused. If I spend 1 sbd and get a 1 sbd vote, then I still lost 25%..... I am still a loser then because of how the payout is split.

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Your reply is very good to me

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I was also wondering

Very nice. This makes following @betgames an even better deal than previously. Now I just need to get my Steem Power up quickly!

Still feel like a loser...

Great idea ,

@betgames

Liked it too much.

At first I thought this was scammy but after reading the article this sounds pretty interesting to me!

You got a 45.71% upvote from @upme thanks to @betgames! Send at least 3 SBD or 3 STEEM to get upvote for next round. Delegate STEEM POWER and start earning 100% daily payouts ( no commission ).

lol. This actually made me spit out my drink.. New to Steemit. Please follow me:) Cheers

If there are a lot of losers, won't there be a huge backlog of posts that need to be voted to make up the difference?

Give me some weeeeeeeeed

Incredible post! Looks cool how you are able to leverage the power of blockchain & Steem platform to make such an interesting win-win situation. I think this may be the future of gambling. One question though -- since steem currency tends to lose value due to inflation when new currency is made, isnt betting kind of losing money? Again great post!

Bardzo mi sie podoba trzymaj tak dalej Polecam
Ciekawie przedstawione bedę zaglądał częściej

Excellent I like idea invest !!!

We hope do not again cheating. Do not again plagiarism. All contents we make are original

indeed the loser must be guided to be more courageous in accepting any challenge let her doubt

Interesting idea. That is some serious dedication to users of the service. I like it. Is this for some sort of promotion, or is it ongoing?

It is a good initiative @betgames. Hopefully i would like to see what you've started grow so that many can participate and earn some steem. Keep it up

Excelente propuesta.. felicidades por la iniciativa

@betgames as a beginner with zero sbd account, could i benefit from your post upvote? Or i should not bother myself? I am new so i want know how things are going on their guys! @aasanka

Oh that's good to know then. 👍

mida sa ajad

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To support your work, I also upvoted your post!

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Haha! Looks very nice. Surely will bet as soon as I can :)

This becomes interesting!

The idea looks good but needs more thorough reaearch

This is so unreal.

Gambling, But you can't lose, only win.

The dream come true

looking for great moment and more initiative . hope you will be success

Hopefully, you will get some more SP delegation so you can reward more of the betters even if they loose...Kodus for such an idea @betgames. "Mabuhay" and more Power to you!

@betgames thank you for sharing your idea!

Betting ........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................never

@betgames with best gaming. nice and lovely concept..no lose only win.thats a great idea.thank you.

Thank yuo fof Shering gour edea

El proyecto parece muy bueno para quienes nos gusta el juego, hay que probar para experimentar el resultado, solo una pregunta. El perdedor recibirá su inversión, en un tiempo no definido, en esto, juega un papel importante, el valor del dinero en el tiempo, hoy, puedo comprar o cambiar 1 SBD por productos o cualquier moneda o criptomoneda, podre adquirir lo mismo, cuando retorne mi inversión

That is great news I got to gain something if I lose

An excellent idea has occurred to you, this will make many more feel interested (curiosity makes significant changes).

Wow that's good @betgames

Thats awesome :) Sportsbetting is good but Sportsbetting without loseing is better :D

I'm just a newbie in here and this is a very great opportunity! Thanks @betgames

It was a great idea.no losers at all.thanks for sharing this.

Uh oh, more ponzi schemes..... this looks really bad on Steemit.
Schemes just like the one described in this post are illegal "in real life" for a reason - they never end well for the players of the game.

So basically, you place a bet... if you win, you win. But if you loose you get upvotes til you get your money back? ... I just followed you guys so I can see you on my feed lol

How often do you guys do bets again?

Not judging your concept, but I would look at your own possible plagarism if you don't support voting on plagarized posts!

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Definitely, we will use pictures that are labeled for reuse on google , or else we will create our own!

Thanks,
@betgames

Wow.... This post really encourage me and motivate me to work more hard... Although am new in this platform....

This is very cool!! I will joint this initiative, it seems very funny!
And I also will delegate to you some SP, but I don't have much... Like 15...
Thank you for this service and have a good day

Wow, What a brilliant idea you have come up with, I believe things can only get better with this system.

You have just created a world where losers do not exist.

Kudos to you!

This is an interesting post this. I think there are a lot of people who may be reading this or who have read it and are probably slightly skeptical regarding the system and the end results. The winner section, pretty straight forward except I cannot see how the winner will be selected. Will this be via a randomize application or hand picked by you guys?

Regarding the losers and them receiving their 1SBD back in upvotes, I guess within 7 days of the draw having taken place the losers will hopefully give us all some feedback on those returns to give us a better peace of mind.

All in all I like the idea. There may just be a few glitches that pop up along the way and will be ironed out thereafter. But from what I can see for now, solid idea that could really pull in a lot of users to participate and possibly even become another area of Steemit to grow your own circle and followers.

I am following you guys and will see how things go after the first game. Thank you for making use of the technology to try something different for us all.

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Winners are based on who wins the game on June 13th, whether it’s Australia or England cricket match and who have they bet on. Losers will keep receiving upvotes from us until they have recovred their loss, provided they have quality content!!

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I'm trying to understand this entire concept. I cannot comprehend what "quality" actually implies. Is it what the masses vote as popular, or is it actual content and fact rich posts?

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Not popularity, but any good info that’s not plagiarized

what i do i have 0.04 SBD?

+1

JDM

WOW!tnx bro this is really a good new.Well work work bro.

Thank you for taking such kind of speculation. I hope the new ones will benefit from this initiative.

Nice idea, I think I need to read that a few more times in order to understand everything, but kudos for the effort!

I like the idea of a game where you can only win or break even. If only all gambling were like this. I especially the the plagiarism protections.

Congratulations @betgames!
Your post was mentioned in the Steemit Hit Parade in the following categories:

  • Comments - Ranked 10 with 127 comments
  • Pending payout - Ranked 1 with $ 753,87

I got a good laugh when you are trying to pitch jerry banfield as witness. lol

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Unfortunately we didn’t knew which whales have what steemit respect , hopefully our work excites you more!

Wow bro its defiantly a great idea for everyone but specially for the beginners like us ....But not for betting i guess to know this community more...

Interesting article. I subscribed to you. Subscribe to me. Let's be friends

This is a a very nice money-machine: you are genius! 😎

A big hug from @amico! 🤗

Stop being loser and be LOSER

can you tell me with some details....

Such a nice business innovation hahaha

OK, so how about this: I send 1 SBD for Australia, and then I send you 1 SBD for England. If you take both SBD, then no matter what, you have to pay both the winnings and the upvotes.

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Based on our terms in the post, say there is only 1 person who bets , and that 1 person bets on both team 1 SBD each, we can’t cut 10% on total amount as that reduces winning amount below what you send, so your amount will be returned to you as is. For the losing amount, yeah we will have to vote to cover your 1 SBD .

Which really doesn’t matter if we get more and more delegates for SP, at this point our payout for losers via upvote will be extremely at slower rate, though winners get their profit within 24 hours of game results

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Yes, well you obviously can't allow betting on both options anyway, given how you are rewarding the losing bets. I had read it literally as winner's always receiving at least one SBD back - but this is per SBD bet, which does make sense. So if I bet 2 SBD, and win, I would always get at least that much back (or $2 SBD worth of votes if I lose).

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Yes you are correct! We would have loved to keep betting games every day, but we don’t have enough SP to reward losers every day, so we will post one to two games a week till we get enough delegations.

We will vote with whatever we have to the losers of bet until they recover their SBD, at this point it’s going to be slow considering our voting power is worth $0.07sbd per vote as of now!!

buen post amigo