$25 proposition bet time!

Lafortezza

I've had loads of coffee today and the hamsters in my head have been working overtime.

I have yet to figure out how to make this run smoothly but maybe someone else can figure out the fine details of how to make this verifiable.

- Everyone who enters begins with $25
- You have 24hours to run this $25 into the maximum amount possible. This can be by playing a gazillion $5 STT's, one MTT, or grinding on some low limit cash tables.
- If you lose your $25 then you are out and cannot rebuy.
- At the end of the 24 hours, the person who has run their $25 up to the most amount of profit wins. The losers then transfer their profits to the winner.

E.g. Lafortezza plays some PLO and runs $25 up to $560 in 24 hours.
Samba plays alot of 1v1 Stt's and runs it up to $750.
Hectorjelly buys in short to a $3/$6 NL table and luckboxes his way to $1.4k in 15 minutes.
roryc plays for 22 seconds, loses his $25 to a bad beat and posts on the Bad Beat sticky before he logging off.
Lafortezza transfers $560 and Samba transfers $750 to HJ and he buys some orphans.


The problem with this is how to keep everyone honest about how much they won/lost. The contest could be done on starting on a friday evening and running through until the saturday evening.

Post if interested and especially if you can figure out a way to verify results!

Culchie

Absolutely brilliant idea. I'm in.

Regarding verification ...hmmm ...

Surely a 'print screen' of their cashier account transactions could verfiy this?

ocallagh

Count me in

ArmaniJeanss

Just a thought.
Its a bit harsh if say, Rory, goes on his best ever run and turns his $25 into $2000 only to find someone else has turned theirs into $2100. He then has to surrender his winnings. Worst Bad Beat ever.
Maybe a % (~20%) of any winnings instead ????

Waylander

I like the sound of this too.

brianmc

Award that man a Nobel prop bet prize!

Excellent hamster work. I'm not free enough to participate though.

Brilliant!

brianmc

ArmaniJeanss wrote:

Just a thought.
Its a bit harsh if say, Rory, goes on his best ever run and turns his $25 into $2000 only to find someone else has turned theirs into $2100. He then has to surrender his winnings. Worst Bad Beat ever.
Maybe a % (~20%) of any winnings instead ????

Let him post it in the bad beat thread.

It's not $2K.

It's only a $25 stake!!

MrPillowTalk

great idea,

will need someone at an online site for verification.

ocallagh

ArmaniJeanss wrote:

Just a thought.
Its a bit harsh if say, Rory, goes on his best ever run and turns his $25 into $2000 only to find someone else has turned theirs into $2100. He then has to surrender his winnings. Worst Bad Beat ever.
Maybe a % (~20%) of any winnings instead ????

what about putting a cap on what u can lose.. ie: max you can lose is 500. if you build your roll to 1200, but get shafted by HJ when he announces 12k.. you only hand over 500. It has to hurt a bit

most people will only make 100 or so... 20% of that would be worth nothing to the winner.

Daithio

I'm up for this, just have to find out some way of ensuring everybody is telling the truth. Also if you go bust I think you should have to give the winner a mandatory $50 or $100.

ocallagh

MrPillowTalk wrote:

great idea,

will need someone at an online site for verification.

yes, there could be a lot of money at stake... and while i trust you all... I do have photoshop installed on my pc!

sendic

on how to run it and keep it honest..

i wonder if the kind people at VBP/allin/PPP might set up 4 or 5 accounts for this in lafortezzas name, ie boardspropbet1 through to boardspropbet5? then interested parties transfer 25$ to lafortezza, lafortezza pms the players back with the passwords for the accounts, all of which have 25$ waiting in them. 24hours later you tally up.

i remember ppp were good enough to supply amaru with a new account for his prop bet.

just my 2c...

cardshark202

I'm in. I like this idea.

RoundTower

I like this idea. As is clear from the thread on antes up I'm far too gullible and trusting, but if there is any reasonable way to do the verification I'll play.

Hectorjelly

sounds like a great idea! I wont win though

Wisesmurf

pm Karlh.

I'm sure we can accomodate.

roryc

ArmaniJeanss wrote:

Just a thought.
Its a bit harsh if say, Rory, goes on his best ever run and turns his $25 into $2000 only to find someone else has turned theirs into $2100. He then has to surrender his winnings. Worst Bad Beat ever.

LOL.... you feckin jinxed me now...thanks for the support but I reckon lafortezza's prediction is on the button... I'll play anyway... to make up the numbers...

fixer

verifiable results is only part of it. this would be a massive opportunity for chip-dumping in a cash game. what's stopping me from playing HU with my granny for ever doubling stakes until I have a safe few thousand above anyone else? then I get all your cash winnings and take my granny out for steak and cigars.

cardshark202

fixer wrote:

verifiable results is only part of it. this would be a massive opportunity for chip-dumping in a cash game. what's stopping me from playing HU with my granny for ever doubling stakes until I have a safe few thousand above anyone else? then I get all your cash winnings and take my granny out for steak and cigars.

Brilliant idea! Who wants to team up to make sure we win this thing?

White Knight

i dont think it should be limited to one site.

I think the player obviously chooses his own game/stakes and also the site.

Only thinking out loud here but if we get a screen shot of the site and the balance of the site that they choose to play and behind this have boards open with the time stamp of your last visit. (chosen this instead of time/date stamp as this is adjustable on pc)

if we take screenshot, we can see if any tables open (hiding funds). If balance is below starting balance, the they have failed and if it is above it will be indication of profits.

Lafortezza

What I like about the basic plan is that nobody stands to lose more than $25 and a night of sleep. If we got 20 people playing and were able to verify who won X, then the person who wins the whole stands to profit a very tidy amount.

Doesn't PPP keep a list of (under transaction history) every table move, every rebuy, etc etc in cash games?

Another problem is if a player loses $10 of his $25 at one table, leaves and goes to another table with a full $25. It seems incredibly hard to keep track.

I don't know if there's some way we can get a poker site representative to log the participating players' accounts.

Lafortezza

What if you cashed out everything but $25 from your poker account, posted a screen shot at the start of the 24 hour period and then posted the updated screen shot at the end of the 24 hours.
Is there a way to cheat this way? P2P transfer or something?

Hectorjelly

We could set up an account specially for this event, each person gets 1 evening to do what they will. All it would take is someone to organise it, get $25 off each person and send them the password/username. Afterwards the admin just checks the account history and sees were all the rules followed.

wayfarer

Don't some sites e-mail out the HH to you? You could set up an e-mail account where the player doesn't have the password, so if they lose their br, they won't be able to hide it.

MrPillowTalk

I assume we can all extend trust that none of us would chip dump etc.

If its done on ppp Im sure they could investigate if anyone has any fears.

Atlas_IRL

any side bets on the winner

Is there not ppl form ppp and all in that post here that might help?

roryc

Im in. $25 STT...easy... win that... $100 STT. thats my plan anyway

Ste05

Why is it the one week I decide to go away all the best ideas in months crop up or begin. :mad:

I like the idea about limiting the amount of profit that people can lose.

Why not just make it we all start with $25 and play away then the winner gets, say $50 from everyone who participated?? That way if someone goes on a mad winning session and wins $2k and some other luck box goes and wins some MTT for $5k, they don't lose all their profit. The other way this $2k winner loses all that money and the person who went broke loses nothing.

As for verifying results, I like the idea of setting up new accounts if that was at all possible. such as boardsSte, boardsLaf, boardsHJ, etc. that way the other players on the site don't see the account is a prop bet account.

What a day on boards that would be....

cardshark202

I prefer the winner takes all idea. I want it all!

roryc

lol ffs... I lodged $25 to have a bit of practise for this... arsed about in a cash game till I had $27.50 and jumped into a $25 + $2.50 STT.... I just won it

$112.50 is the early leader...

Atlas_IRL

how about some of it goes to onepercent

fixer

and some of it goes to buying a few rounds at the poker forum pissup...

RoundTower

Ste05 wrote:

Why is it the one week I decide to go away all the best ideas in months crop up or begin. :mad:

I like the idea about limiting the amount of profit that people can lose.

Why not just make it we all start with $25 and play away then the winner gets, say $50 from everyone who participated?? That way if someone goes on a mad winning session and wins $2k and some other luck box goes and wins some MTT for $5k, they don't lose all their profit. The other way this $2k winner loses all that money and the person who went broke loses nothing.

This is why Laf's idea was so good.

I don't know about you guys but I'm taking my $25 to Party Blackjack.

cardshark202

RoundTower wrote:

This is why Laf's idea was so good.

I don't know about you guys but I'm taking my $25 to Party Blackjack.

LOL

Daithio

Hectorjelly wrote:

We could set up an account specially for this event, each person gets 1 evening to do what they will. All it would take is someone to organise it, get $25 off each person and send them the password/username. Afterwards the admin just checks the account history and sees were all the rules followed.

This is the best idea. I'm sure ppp would sort us out for this, it's a great promotion for their site. Also this would mean that more people would be able to play it, as we could choose whichever nights suited us etc.

Daithio

Just thinking about it again there. It would be good to have it all running on the same night, and have a thread here letting people knowing how you're doing/ who's gone bust etc. The way to do it is for everyone to empty their PPP accounts at the same time on the same day, and have a 24 hour period from then. Then if everybody changes their passwords temporarily and lets one person who we all trust check the account details of the past 24 hours, that way we'd be certain there'd be no cheating.

Culchie

Daithio wrote:

This is the best idea. I'm sure ppp would sort us out for this, it's a great promotion for their site. Also this would mean that more people would be able to play it, as we could choose whichever nights suited us etc.

Why does it have to be on PPP?

Lafort comes up with a great idea....why does it have to then be handed over to PPP?

gerire

He did mean VBP just a bit dyslexic

Culchie

gerire wrote:

He meant VBP just a bit dyslexic

Just me with my few pints on me obviously, but just don't see why every competition automatically gets linked to PPP.

The heads up competition hi-jack from Special Days last year still grates my gears I guess....and there was me thinking I had found Zen ....damn Guinness.

Daithio

Culchie wrote:

Why does it have to be on PPP?

Lafort comes up with a great idea....why does it have to then be handed over to PPP?

Well I thought that the general consensus was that it would be played on PPP, and considering their rules about people playing on the same account, ie they don't allow it, we'd have to approach them if we were going to do as HJ suggested. But scratch that, read the post I wrote after that.

NickyOD

I love the idea and I'm in but I think it will be impossible to monitor.

ocallagh

The only way to safely monitor this is to employ an auditor... pay the auditor say 10% of any final winnings (including the winners profit). They will be given access to participating accounts.

Once the bet is over the auditor does as follows:

Logs in to each account
Checks balance of account prior to the start of the game
Checks no deposits were made
Checks balance never dipped $25 below starting balance
Records any profit.

Once the auditor has finished you can of course reset your account password. Does that make sense? Would people be happy to allow someone access to one of their poker accounts? You could use one of the ones you rarely play on. Or you could setup a new account without a credit card, and just transfer $25 into it from another account on the same network.

Who wants to nominate themselves as an auditor? 10% could be quite a nice sum.

MrPillowTalk

ocallagh wrote:

The only way to safely monitor this is to employ an auditor... pay the auditor say 10% of any final winnings (including the winners profit). They will be given access to participating accounts.

Once the bet is over the auditor does as follows:

Logs in to each account
Checks balance of account prior to the start of the game
Checks no deposits were made
Checks balance never dipped $25 below starting balance
Records any profit.

Once the auditor has finished you can of course reset your account password. Does that make sense? Would people be happy to allow someone access to one of their poker accounts? You could use one of the ones you rarely play on. Or you could setup a new account without a credit card, and just transfer $25 into it from another account on the same network.

Who wants to nominate themselves as an auditor? 10% could be quite a nice sum.

10%, **** playing Ill be the auditor

kpnuts

NickyOD wrote:

I love the idea and I'm in but I think it will be impossible to monitor.

Tough but not impossible ... here are my proposals to make it easier to monitor:

Cut down the timeframe from 24 hours to something like 8 hours. This will make it easier to monitor because if everyone is playing during the same 8-hour shift, we can all keep an eye on each other's progress, feed off each other's excitement, get a carryout in, get all boozed up, all do our brains and then go on tilt for an entire weekend afterwards

Do not have it as winner takes all. I like the idea of the winner getting a maximum of, say, 50 or 100 euro from each player (certainly not all profits) ... as this is the forum's first proposition bet that I can recall, I think the honour of being the victor will be a lot of kudos in itself, along with winning the most of anyone that night, which could be a substantial sum without even taking account of the money all the other players will have to hand over. The more there is to be won, the more incentive for sneaky chip dumpage etc


Do not restrict challenge to any one site. I think for it to be fair to all players, let them play on their site of choice (within reason) and in their game(s) of choice. We could have a pre-agreed range of networks on which people can play, e.g. Crypto, PartyPoker, Pokerstars, Prima, Tribeca and VegasBaby (alphabetical order, sorry Culchie!) and people who are entering can nominate in advance their chosen site, their username, types of games they're gonna be playing etc. Challenge entrants will be obliged to post on Boards where they are playing, and others can drop in from time to time on their games to keep an eye on them, verify some of their results from time to time etc.

Maybe I'm being naive here, I realise my proposals rely a lot on people entering the spirit of a challenge and not a money-making exercise, but you guys and gals all seem fairly trustworthy!

roryc

Do we really have to check EVERYONE's account? Surely we only have to check the winners account. This would stop us needing to hire an auditer. If you just get PPP to check the winners account and perhaps make a printout available of all transactions in the last 24 hours

ocallagh

roryc wrote:

Do we really have to check EVERYONE's account? Surely we only have to check the winners account. This would stop us needing to hire an auditer. If you just get PPP to check the winners account and perhaps make a printout available of all transactions in the last 24 hours

Ok, but what about this scenario.

Winner makes $700.
Everyone else miraculously goes broke and the winner gets nothing.

ps: thought u had a job! what u doing up at this time:D

bohsman

Im in, as long as its not on PPP.

Imposter

The auditor idea works for me (without pay). I'd also limit the amount of winnings you lose to 100€. With the auditor idea the players are free to choose the site they wish to use.

Maybe changing the bet to 12 hours might be better too as most people like sleep at some stage.

Poker & Pints

You reduce the time frame from 24 hours to a much smaller time frame. Say 2 to 4 hours.

Then each player involved gets a scheduled time(and day).

Another randomly selected competitor tags along with the player.

For example: HJ plays APRIL 30th 6p-10pm and I was selected to tag along with HJ. So I watch HJ play for 4 hours or so as the verifier. I'm scheduled to play May 1st 2pm-6pm with Rory as a verifier.

What needs to be done:
Both player and verifer need to have the same account - Pretty Easy!
Player and verifier need to coordinate schedule - Fairly Easy!
Verifier has to be willing to watch for a few hours - Hard, but if you have an active account at the site you can play while you watch...I don't think you have to watch every single moment.

Finally,

I think it should be $25 and $25 entry or $25 and $15 with the first as the bankroll and the second as the guaranteed money. You need to have guaranteed money for folks like me who shove it all in with AA and get busted by Q10. Then you could have a percentage of winnings going to the top person. Or, a little more difficult, create a payout scale like a MTT(Top 10% get paid).

Waylander

I like the auditor idea myself, it is the most effective way of monitoring the players. I would only be interested if there was a restriction on what the winner gets, I would not be prepared to pay the proceeds of a mtt win over to the winner. $50 or $100 each, regardless of whether a player goes bust or not, would be a better way of doing it. Maybe pay this entry fee into someone before the challenge begins, so the winner is not left to chase people down.

Doctor Fell

It sounds like a lot of fun alright, but I don't see how you could ever stop or monitor chip dumping. Suppose people just have to trust each other not to!