When we will get vg$ from the prediction league?

[68soul]

ioi said:
rendo, I was considering that this morning and I think it will work better in cases where the average accuracy is lower so yes that is probably how I will modify the scoring and maybe have a 1.1 in there as well to basically reward people for entering:

Winnings = 1.1 * (1 + (your accuracy-average accuracy)/100) * bet

This way, you can earn between 0 and 2.2 times your original bet and you only need to be better than 9% below the average accuracy for a particular prediction to break even.

Sounds good... that's what i call a more balanced formula indeed...

While working this afternoon, another suggestion came to my mind: give a little bonus to the ones who have the best global accuracy...

For an example, in my case, i've bet $200, with a 65% accuracy... so i thought, why not add to your first formula a small bonus of (total amount of bets * total accuracy) / 2... here, it would be (200 * 0.65) / 2 = 65...

The good thing about that bonus is that it would incite people to do predictions on ALL games and consoles, and not do a single bet on one console or one game, and nothing at all for all the rest... if you try for the 10 games and the 5 consoles, and were globally correct, you are rewarded... what do you think about this, ioi?

But otherwise, your new formula is fair enough... even if i think most people won't bet very high on consoles sales in the future, because they'll be sure to loose or not win that much on these...