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7
Awesome Gambling (Second Beta Info)
Posted 1 year ago by Mitschu



Update: Only 1 article per hour allowed. The information on the next round will be posted, therefore, at 01:30 CET.

Update: The section on house stakes was confusing and redundant, so it has been removed. Thanks for the feedback!

First off, thank you to everyone who helped ensure that the first beta went so smoothly (minus one little hiccup.) I can't express enough appreciation for your consideration.

Now, on to the good part. Well, I plan to run this program from Sunday to Sunday, allowing people to make their purchases at their convenience, instead of rushing the outcome constantly. Which means that the next program I'm unveiling has to be revealed today. It's a rush job (I haven't even named the game yet!) because I originally was planning on just running Beginner's Luck again with adjusted odds, but the feedback I've received suggests that a different approach would be met with more approval.

This time, instead of going directly head to head against me, pitting your 0.25 tickets against the house's 18g worth of prizes, we'll be running a percentage based game that pits you against the other players.
What this means:

* Prizes that start low, but increase as the game continues on.
* More control over your odds of winning.
* NO LIMIT on ticket purchases (highly requested.)

And of course, my favorite changes!

* Limited house liability! (aka no more losing 2g for me! )
* House cut (and tax) is directly tied in to the value of the prizes (no more risk of the house winning a prize!)

Now, a brief pause here, because I understand people like pictures breaking up walls of text. I present to you, a cute pair of boobies.



Did I do that right?

Now, on to the explanation of the game.

Instead of vying singly against a top prize that is static (10g), you will initially be vying for a 10%, 25%, or 50% cut of the total pot. This is a little complicated, but don't worry, I'll handle the math on the back end - all you need to worry about is that for every 0.25g you spend buying a ticket, the total pot goes up 0.25g.

Now, I've always been in favor of openness, and I'm sure some of you are wondering where the other 15% of the pot goes. The first 7.5% will be deducted from the pot as gambling taxes, to avoid the need for sUSA to print out Form W-2Gs. The other 7.5% will go to the house for any side programs running..

I look forward to feedback and input, but please remember one thing: the house always wins. This is a principle that runs every gambling institute in the world (well, except for the one's that went bankrupt) and allows for incentive growth in the private and government sectors. Almost every country in the real world uses gambling in some form to earn extra money for their treasury, I'm just jumping on board because nobody else had taken the initiative.

So please, don't send me messages along the lines of "So if you sell 10,000 tickets you'll make 750g off of it? Hacks!" First off, if I sell ten thousand tickets I'm retiring in the sBahama Islands alongside the three people who won first, second, and third prize, and I'm going to throw some awesome parties. Second off, and on a more serious note, that's not feedback, that's criticism, and not even constructive criticism at that.

I admire people who take time out of their day to teach and correct others; I don't have time for the people who complain bitterly about perceived imbalances while not offering up valid alternatives.

Now, to break the negative mood that might have generated (and this giant wall of text) I offer you another cute picture.


Oh god, he's drawing tickets now. I'M NOT READY!


Thank you for reading what developed into a mini-rant. Looking forward to selling you tickets!

Previous article:
Awesome Gambling! (Winners List!) (1 year ago)

next article:
Awesome Gambling (Day 223 - 229) (1 year ago)


Comments(2)
15-04-2012 0:26:17
(1 year ago)


tl;dr

15-04-2012 0:24:00
(1 year ago)


first!



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