HOW TO: We now have virtual betting between members

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Wild

Zi Nazi
Admin
Dec 31, 2014
94,449
137,095
Currently the link is here: Betting Exchange | TMMAC - The MMA Community Forum

To be clear, we are just rolling this out. There is a chance we may have to tweak some things & that means we may decide to reset everyone's cash to start over or something like that. If we need to do that, it will be this month. But just know that right now...

Cash:
  • You get $10,000 virtual dollars.
  • You can bet anywhere between $5-$2000 per bet.
  • This is a straight up 1:1 bet system for now. You set an outcome and how much you want to bet.
  • You can accept a bet, then change your mind if you want to withdraw before the bet is closed. If you withdraw from a bet after accepting, you will be penalized 25% of the bet and that money will go to the other person
  • We will probably run something like a yearly season, so don't spend it all in one place!
  • If you lose all your money, you will get an automatic $500 to play with. You can only get this every 15 days. So if you keep going broke, you will miss MMA events to bet on

Betting:

  • Bet by clicking the CREATE BET button in the top right when looking at the Betting Exchange page
  • You can create a bet on ANYTHING (Fedor will KO Mitrione before round three, Trump will be president in 2023, etc.)
  • You can select a user to challenge or you can leave it open for anyone to accept
  • When creating the bet, you can set when the betting will close. You should make this BEFORE the event.
  • Once the event takes place, both users must agree on the outcome for the bet to be settled. If you both agree, the bet is paid out. If you disagree, we the admins can play bookie and settle the bet after reviewing. If you both select PUSH, you have both agreed to just disregard the bet due to a tie or something like that, and you get your money back.

Some Examples:

Here is the list of some test bets we made. As you can see, the entire exchange will show all of the bets. There are tabs help you see upcoming and recent bets. You can also see a status of the various bets.





When you click on a bet, you will see the details with one user on the left and the challenger on the right. You will see more details on when the bet will close.

You can also comment on the bet and talk shit to each other about how bad the bet is.




When you win, lose, draw, or get challenged, you will get an alert letting you know.

Something like this:





So there you have it. Try it out, let's see how it goes and we will tweak things as we need to. :)
 

jason73

Auslander Raus
First 100
Jan 15, 2015
76,810
141,142
try it out fuckers .i know some of you are too cheap to have a bodog account or like Robbie Hart @Robbie Hart your wife wont let you bet real money
 
Last edited:

The EZ Life

Posting Machine
Aug 6, 2015
1,595
1,442
Does the person with the most virtual cash get a mmacommunity t shirt or anything at the end of the year?

Or is it all just to see who has the most money and predicted the most fights
 

jason73

Auslander Raus
First 100
Jan 15, 2015
76,810
141,142
Does the person with the most virtual cash get a mmacommunity t shirt or anything at the end of the year?

Or is it all just to see who has the most money and predicted the most fights
1 million virtual dollars = 3% off a $250 dollar purchase at the tmmac store