The Syndicate

I will bet 3 chips on Horse 1.

I'll bet a chip on horse 1

ROUND 5

I bet one chip on horse 4.

CURRENT BETS

Horse #1 - M Plus 7: 4 - Dharmahelper: 3 - Golden: 4 - EdJou: 7 - Spacedaisy: 3 - Long Con: 2 ==> TOTAL CHIPS: 23, POTENTIAL PAYOUT: 2.36:1
Horse #2 - Spacedaisy: 1 - Dharmahelper: 1 - Scotty: 1 - Nutella: 1 - Long Con: 2 ==> TOTAL CHIPS: 6, POTENTIAL PAYOUT: 16:1
Horse #3 - Dharmahelper: 1 - Nutella: 3 - EdJou: 1 ==> TOTAL CHIPS: 5, POTENTIAL PAYOUT: 17:1
Horse #4 - M Plus 7: 4 - Spacedaisy: 2 - Dharmahelper: 2 - Scotty: 2 - Golden: 3 - EdJou: 3 - Long Con: 3 - Nutella: 1 ==> TOTAL CHIPS: 20, POTENTIAL PAYOUT: 3.24:1
Horse #5 - Dharmahelper: 2 ==> TOTAL CHIPS: 2, POTENTIAL PAYOUT: 20:1
Horse #6 - Spacedaisy: 1 - Golden: 1 ==> TOTAL CHIPS: 2, POTENTIAL PAYOUT: 20:1
Horse #7 - Spacedaisy: 1 - Dharmahelper: 1 - Golden: 3 - Speedchuck: 3 ==> TOTAL CHIPS: 8, POTENTIAL PAYOUT: 14:1
Horse #8 - Long Con: 3 - Scotty: 1 - Speedchuck: 3 - Nutella: 2 - Dharmahelper: 1 ==> TOTAL CHIPS: 10, POTENTIAL PAYOUT: 12:1

CHIP COUNTS

[mention]M Plus 7[/mention] 12
[mention]Spacedaisy[/mention] 12
[mention]Dharmahelper[/mention] 9
[mention]Long Con[/mention] 10
[mention]Scotty[/mention] 16
[mention]speedchuck[/mention] 14
[mention]Golden[/mention] 9
[mention]EdJou[/mention] 9
[mention]nutella[/mention] 13

3 chips on horse 1

Are those chip counts accurate AF [mention]insertnamehere[/mention]

DharmaHelper wrote: ↑Sat May 19, 2018 10:50 am Are those chip counts accurate AF @insertnamehere

I believe so. If you see any errors, let me know.

insertnamehere wrote: ↑Sat May 19, 2018 11:31 am

DharmaHelper wrote: ↑Sat May 19, 2018 10:50 am Are those chip counts accurate AF @insertnamehere

I believe so. If you see any errors, let me know.

I'd have to crunch the numbers, but I trust ya for now.

Golden 11 bet, 9 Remain
DH 12 bet, 8 Remain
Nutella 9 bet, 11 Remain
Scotty 4 bet, 16 Remain
Speedchuck 12 bet, 8 Remain
Edjou 11 bet, 9 remain
Long Con 10 bet, 10 remain
MP 9 bet, 11 remain
Daisy 9 bet, 11 remain

I'll bet 1 on horse 4.

I'll bet 3 chips on Horse 4.

Gimme 2 chips on Horse #1 and 1 chip on Horse #4

DharmaHelper wrote: ↑Sat May 19, 2018 12:22 pm Golden 11 bet, 9 Remain
DH 12 bet, 8 Remain
Nutella 9 bet, 11 Remain
Scotty 4 bet, 16 Remain
Speedchuck 12 bet, 8 Remain
Edjou 11 bet, 9 remain
Long Con 10 bet, 10 remain
MP 9 bet, 11 remain
Daisy 9 bet, 11 remain

Yeah, this is correct; I should have 5 chips on Horse #4 and 4 chips on Horse #1 currently.

I'll bet two chips on #1 and one chip on #4.

I'll bet one chip on horse 4.

I'll bet 3 chips on Horse #1.

CURRENT BETS

Horse #1 - M Plus 7: 7 - Dharmahelper: 5 - Golden: 4 - EdJou: 9 - Spacedaisy: 3 - Long Con: 2 - Speedchuck: 3 ==> TOTAL CHIPS: 33, POTENTIAL PAYOUT: 0.82:1
Horse #2 - Spacedaisy: 1 - Dharmahelper: 1 - Scotty: 1 - Nutella: 1 - Long Con: 2 - Speedchuck: 1 ==> TOTAL CHIPS: 7, POTENTIAL PAYOUT: 15:1
Horse #3 - Dharmahelper: 1 - Nutella: 3 - EdJou: 1 ==> TOTAL CHIPS: 5, POTENTIAL PAYOUT: 17:1
Horse #4 - M Plus 7: 5 - Spacedaisy: 5 - Dharmahelper: 3 - Scotty: 2 - Golden: 3 - EdJou: 4 - Long Con: 5 - Nutella: 3 - Speedchuck: 1 ==> TOTAL CHIPS: 31, POTENTIAL PAYOUT: 1.01:1
Horse #5 - Dharmahelper: 2 ==> TOTAL CHIPS: 2, POTENTIAL PAYOUT: 20:1
Horse #6 - Spacedaisy: 1 - Golden: 1 ==> TOTAL CHIPS: 2, POTENTIAL PAYOUT: 20:1
Horse #7 - Spacedaisy: 2 - Dharmahelper: 2 - Golden: 3 - Speedchuck: 3 - Nutella: 1 ==> TOTAL CHIPS: 11, POTENTIAL PAYOUT: 11:1
Horse #8 - Long Con: 3 - Scotty: 1 - Speedchuck: 4 - Nutella: 2 - Dharmahelper: 1 ==> TOTAL CHIPS: 11, POTENTIAL PAYOUT: 11:1

CHIP COUNTS

[mention]M Plus 7[/mention] 8
[mention]Spacedaisy[/mention] 8
[mention]Dharmahelper[/mention] 5
[mention]Long Con[/mention] 8
[mention]Scotty[/mention] 16
[mention]speedchuck[/mention] 8
[mention]Golden[/mention] 9
[mention]EdJou[/mention] 6
[mention]nutella[/mention] 10

This should be up to date. DH was right about everyone except Nutella.

Horse #1 has become so oversaturated with bets that if it wins, players will receive less chips than they bet.

Didn't need any garnets anyway!

I bet 1 chip on horse 8.

I bet 2 chips on 4, 1 chip on 1

so... is there any reason to bet on 1 anymore? (and it looks like 4 is also about to go under 1.0)

[mention]insertnamehere[/mention] if I'm understanding the rules correctly, only the top two horses give players payouts, right? what happens if the top two horses have negative payouts? does nobody get anything? then who would win?

if I'm understanding the rules correctly, only the top two horses give players payouts, right?

That's correct, yes.

what happens if the top two horses have negative payouts?

That's impossible. Here's how the payouts are calculated:

insertnamehere wrote: ↑Wed May 16, 2018 10:31 pm The odds for each horse will be calculated as follows: For a number of chips lesser than or equal to 18 on each horse, the payout if the horse wins will be (22 - numbers of chips currently on the horse). For example, if a horse with 10 chips bet on it won either first or second, each player would receive 12 chips for every chip they bet on the horse. If there are more than 18 chips on a horse, the payout if the horse wins will be ((4 * .9^(the number of chips on the horse - 18)). For example, if there are 20 chips on a winning horse, the payout will be calculated by multiplying 4 times .9 to the power of 2, which would produce 3.24 chips for every chip bet.

does nobody get anything?

It's certainly possible that the payouts could be very small for the winning horses, but at least there is some form of payout. Losing horses only make players who bet on them lose chips.

then who would win?

Whoever has the most chips.

insertnamehere wrote: ↑Sat May 19, 2018 4:38 pm Whoever has the most chips. Of course, the 20 chips you received at the start of the challenge by no means HAVE to be bet, and could instead be saved.

I took it from the original post that remaining chips were discarded.

EdJou wrote: ↑Sat May 19, 2018 4:50 pm

insertnamehere wrote: ↑Sat May 19, 2018 4:38 pm {REDACTED}

I took it from the original post that remaining chips were discarded.

Apologies. This is correct.

I’ll bet 3 chips on horse 4

Horse #1 has become so oversaturated with bets that if it wins, players will receive less chips than they bet.

Lmao

ah sorry I meant less than 1, not negative. so then people can get fractional payouts. ok I think I get it nvm

k I bet 2 chips on horse 1

Hey listen if I lose this I'd appreciate not getting tossed into the ring. I'd also ask that Chuck get cut some slack as well.

ROUND 6

CURRENT BETS

Horse #1 - M Plus 7: 7 - Dharmahelper: 5 - Golden: 4 - EdJou: 9 - Spacedaisy: 3 - Long Con: 2 - Speedchuck: 3 - Scotty: 1 - Nutella: 2 ==> TOTAL CHIPS: 36, POTENTIAL PAYOUT: 0.60:1
Horse #2 - Spacedaisy: 1 - Dharmahelper: 1 - Scotty: 1 - Nutella: 1 - Long Con: 2 - Speedchuck: 1 ==> TOTAL CHIPS: 7, POTENTIAL PAYOUT: 15:1
Horse #3 - Dharmahelper: 1 - Nutella: 3 - EdJou: 1 ==> TOTAL CHIPS: 5, POTENTIAL PAYOUT: 17:1
Horse #4 - M Plus 7: 5 - Spacedaisy: 5 - Dharmahelper: 3 - Scotty: 4 - Golden: 6 - EdJou: 4 - Long Con: 5 - Nutella: 3 - Speedchuck: 1 ==> TOTAL CHIPS: 36, POTENTIAL PAYOUT: 0.60:1
Horse #5 - Dharmahelper: 2 ==> TOTAL CHIPS: 2, POTENTIAL PAYOUT: 20:1
Horse #6 - Spacedaisy: 1 - Golden: 1 ==> TOTAL CHIPS: 2, POTENTIAL PAYOUT: 20:1
Horse #7 - Spacedaisy: 2 - Dharmahelper: 2 - Golden: 3 - Speedchuck: 3 - Nutella: 1 ==> TOTAL CHIPS: 11, POTENTIAL PAYOUT: 11:1
Horse #8 - Long Con: 3 - Scotty: 1 - Speedchuck: 4 - Nutella: 3 - Dharmahelper: 1 ==> TOTAL CHIPS: 12, POTENTIAL PAYOUT: 10:1

CHIP COUNTS

[mention]M Plus 7[/mention] 8
[mention]Spacedaisy[/mention] 8
[mention]Dharmahelper[/mention] 5
[mention]Long Con[/mention] 8
[mention]Scotty[/mention] 13
[mention]speedchuck[/mention] 8
[mention]Golden[/mention] 6
[mention]EdJou[/mention] 6
[mention]nutella[/mention] 7

I’ll put one chip on horse 4 and one on horse 1

I'll bet three chips on #4

I will also bet 3 chips on horse 4

I bet 1 chip on horse 4 and 2 chips on horse 1

I'll bet three on Horse 1

I'll bet 3 chips on Horse #4.

ROUND 7

CURRENT BETS

Horse #1 - M Plus 7: 7 - Dharmahelper: 5 - Golden: 5 - EdJou: 9 - Spacedaisy: 6 - Long Con: 2 - Speedchuck: 3 - Scotty: 1 - Nutella: 4 ==> TOTAL CHIPS: 42, POTENTIAL PAYOUT: 0.32:1
Horse #2 - Spacedaisy: 1 - Dharmahelper: 1 - Scotty: 1 - Nutella: 1 - Long Con: 2 - Speedchuck: 1 ==> TOTAL CHIPS: 7, POTENTIAL PAYOUT: 15:1
Horse #3 - Dharmahelper: 1 - Nutella: 3 - EdJou: 1 ==> TOTAL CHIPS: 5, POTENTIAL PAYOUT: 17:1
Horse #4 - M Plus 7: 8 - Spacedaisy: 5 - Dharmahelper: 3 - Scotty: 7 - Golden: 7 - EdJou: 7 - Long Con: 5 - Nutella: 4 - Speedchuck: 1 ==> TOTAL CHIPS: 47, POTENTIAL PAYOUT: 0.19:1
Horse #5 - Dharmahelper: 2 ==> TOTAL CHIPS: 2, POTENTIAL PAYOUT: 20:1
Horse #6 - Spacedaisy: 1 - Golden: 1 ==> TOTAL CHIPS: 2, POTENTIAL PAYOUT: 20:1
Horse #7 - Spacedaisy: 2 - Dharmahelper: 2 - Golden: 3 - Speedchuck: 3 - Nutella: 1 ==> TOTAL CHIPS: 11, POTENTIAL PAYOUT: 11:1
Horse #8 - Long Con: 3 - Scotty: 1 - Speedchuck: 4 - Nutella: 3 - Dharmahelper: 1 ==> TOTAL CHIPS: 12, POTENTIAL PAYOUT: 10:1

CHIP COUNTS

[mention]M Plus 7[/mention] 5
[mention]Spacedaisy[/mention] 5
[mention]Dharmahelper[/mention] 5
[mention]Long Con[/mention] 8
[mention]Scotty[/mention] 10
[mention]speedchuck[/mention] 8
[mention]Golden[/mention] 4
[mention]EdJou[/mention] 3
[mention]nutella[/mention] 4

GOOOOOOOOOOOOOOOOOOOOO HORSE 2!!!!!

3 chips on 1

3 chips on 1

I bet 2 chips on horse 8 and one chip on horse 4.

Three on horse four

Gotta get some fresh blood in those Death Matches.

I'll bet 2 on Horse #1.

ROUND 8

CURRENT BETS

Horse #1 - M Plus 7: 9 - Dharmahelper: 8 - Golden: 5 - EdJou: 9 - Spacedaisy: 6 - Long Con: 2 - Speedchuck: 6 - Scotty: 1 - Nutella: 4 ==> TOTAL CHIPS: 49, POTENTIAL PAYOUT: 0.15:1
Horse #2 - Spacedaisy: 1 - Dharmahelper: 1 - Scotty: 1 - Nutella: 1 - Long Con: 2 - Speedchuck: 1 ==> TOTAL CHIPS: 7, POTENTIAL PAYOUT: 15:1
Horse #3 - Dharmahelper: 1 - Nutella: 3 - EdJou: 1 ==> TOTAL CHIPS: 5, POTENTIAL PAYOUT: 17:1
Horse #4 - M Plus 7: 8 - Spacedaisy: 5 - Dharmahelper: 3 - Scotty: 7 - Golden: 7 - EdJou: 7 - Long Con: 8 - Nutella: 5 - Speedchuck: 1 ==> TOTAL CHIPS: 51, POTENTIAL PAYOUT: 0.12:1
Horse #5 - Dharmahelper: 2 ==> TOTAL CHIPS: 2, POTENTIAL PAYOUT: 20:1
Horse #6 - Spacedaisy: 1 - Golden: 1 ==> TOTAL CHIPS: 2, POTENTIAL PAYOUT: 20:1
Horse #7 - Spacedaisy: 2 - Dharmahelper: 2 - Golden: 3 - Speedchuck: 3 - Nutella: 1 ==> TOTAL CHIPS: 11, POTENTIAL PAYOUT: 11:1
Horse #8 - Long Con: 3 - Scotty: 1 - Speedchuck: 4 - Nutella: 5 - Dharmahelper: 1 ==> TOTAL CHIPS: 14, POTENTIAL PAYOUT: 8:1

CHIP COUNTS

[mention]M Plus 7[/mention] 3
[mention]Spacedaisy[/mention] 5
[mention]Dharmahelper[/mention] 2
[mention]Long Con[/mention] 5
[mention]Scotty[/mention] 10
[mention]speedchuck[/mention] 5
[mention]Golden[/mention] 4
[mention]EdJou[/mention] 3
[mention]nutella[/mention] 1