Much of this was copied from another forum, so no, I did not write this all myself. I just edited in all the curse words instead of their fairy talk.
That being said, Let the Games Begin!
You're likely wondering What the hell is this?
VBOOKIE: a system that some very cool people designed to allow simulated "gambling" - for entertainment purposes only - with a proprietary currency called VCASH (no actual value) on certain internet message boards - specifically, ones using the VBulletin brand of PHP forum software. Enough with the technical bullshit, you most likely don't give two shits about...... so On to the next one
VBOOKIE Function: allows empowered individuals* to create "events" on which you can wager your VCASH.
*we'll call them VBookies. This individual/s will be able to create and moderate the games and payouts for the events created. The vBookie could be a Mod or Not, so instead of giving them too much credit, and letting The Truth vote himself in, we will call them vBookies! though technically inaccurate, as not all bookies are forum moderators. For now, it's just one Greedy and Over Powered Bookie who doesn't pay me on time!!!!!
The individual Vbookie does not "get" your VCASH when you lose it - it is pooled back into the systemwide ante. The Vbookie's role is to create and manage events, paying out the winners in a timely fashion after completion each event (often a sporting event, though you can bet on other things....... like who gets to take Meat Sandwich's V Card). If you have a question about an event, please direct it to the author of that particular thread as they will be the VBookie responsible for it, or just post in that thread and maybe someone could prove helpfull. If you don't get a response, well, tough it out son.
The "object of the game", obviously, is the same as the fundamental goal secondary only to survival in any capitalist society - have more monies than everybody else!
How do I get more Monies you say?
Well, first think about what you'd like to bet on. Steering clear of events where you have little to no knowledge of the subject matter is wise, though plenty of members like to take chances on what's called a "blind bet" - it's a bit like playing the lottery.
If you see a thread on an NBA game that interests you, go ahead and check out the odds. They will be up at the top of the thread, like so:
If you see a thread that does not have odds listed, note whether the thread was posted recently. It may be that the VBookie is simply in the process of creating the event. There is a bit of a lapse between creating the thread and putting the finishing touches on the odds section as seen above (typically no more than a few minutes really). If you see a thread that has no odds posted, try and PM the vBookie and see if you can get that fixed, nerd.
Now, you may be a bit confused by the odds themselves. That's understandable, but there's no need to be. They're actually easier than they look.
There are three basic ways of looking at odds. Each is in more common use in a particular part of the world, hence the less scientific alternate names.
--There are Fraction or "British" style odds, presented in the example above as Cleveland Cavaliers 100/235F
--There are Decimal or "European" style odds, presented in a modified form in the example above in parentheses as (0.43)
--The third style is Moneyline or "American" style odds, which are not present in the example above. VBOOKIE does not deal in Moneyline odds, though you will see them in use at major sportsbooks and in Las Vegas where many of the odds (or "lines") for a variety of domestic and international sporting events originate.
Can you handle that?
The easiest of these three types to read is probably Decimal/European odds. VBookie deals primarily in Fraction/British odds but all events do list a translation into something very similar to Decimal/European as well.
True Decimal/European odds include your original investment, or "stake". So in the above example, anywhere outside the VBookie universe, Decimal odds would be written as 1.43. VBookie omits your stake, so you have to use your imagination and just add an integer of 1 to represent a base stake of 1. The .43 represents the amount of a $1 investment (or "stake") which you will profit should you win on that outcome. So let's say you place a 100 dollar bet on the Cavs in the above event. You would win 43 dollars. You'd be paid out $143 - your original $100 stake plus your $43 winnings.
Well, that wasn't a very good deal, was it? I risked one hundred dollars and only won a measly Fourthy Three???
You're right. That's not what would be considered a high-value bet. That's because you bet on the "favorite". You can tell that by looking right next to the Fraction/British odds on that line - there's a big fat capital F.
The favorite is always the lowest-value action outcome option on any event. The reason is that it is the most likely outcome.
So, what? I'm supposed to throw my money away on unlikely outcomes?
Well, yes. What, did you think it would be easy to just come in and place bets willy nilly on likely outcomes and reward you for banking on the obvious to rack up v-millions? This is where betting transcends from luck into actual skill. If you are knowledgeable about the subject matter, you may have some insight into just how strong a favorite is...
"So the favorites don't always win?"
Well, they're not psychic. They are wrong (in the real and v-world) - and with enough frequency that people choose to partake in their books. Betting lines are based on a slew of factors and determined by experts. Even experts can't make predictions with 100% certainty, though. It's up to you to decide whether your opinion differs from the people making the lines - and whether it differs enough to bet against them. If you agree with the line, very strongly, and think it's worth it to bet on a favorite, feel free. Just bear in mind that you're risking more to profit less.
Should you choose to travel the road less, however - and bet on the less favored outcome, or "underdog" - know that they are the underdog for a reason. In the example above the Celtics are a 195/100 underdog. This is a very high value bet. Remember how VBookie shows a slightly off version of European/Decimal odds?
So we'll add that "1" back in, and the Decimal line next to the Celtics becomes 2.95. That means if you bet $1, you win $1.95 and get paid $2.95 (your $1 stake + your $2.95 in winnings).
Hey! That's more like it! Low risk, high reward!
Kind of. Low "financial" risk, in relative terms. Again, this is considered by experts to be the far less likely outcome. You should base these bets on more than a "hunch". Try to do some research before placing any large bets. If you ultimately decide that an underdog is more live (has a better chance) than the bookies seem to think, and if the value is good then by all means go for it.
Now, you have a $500 "bank" to start out with...
What if I want to bet more than $500?
Start winning.
What happens if I make some bad bets and run out of money?
Everybody skids. This isn't an exact science. VBOOKIE is a forgiving system. Whenever you go to a zero balance by losing all your vcash, the system will reset your bank to a pre-set amount as soon as a new event is created. So if you go belly-up at 4:30am on a Sunday, and a new Vbookie event is created Tuesday at 2pm, that's when you'll receive your $ reset bank.
Any further questions, please do not hesitate to ask in this thread or Google.
and please, for crying out loud, don't fall for Bi-Guys tricks. He will send you nudes for vCash, but you will not like them......unless you are Tunes of course.
ALi
Last edited by Goliath27; 05-11-2010 at 01:21 PM.
Run and tell THAT, Homeboy
Originally Posted by refoops
Who's Meatball?Much of this was copied from another forum, so no, I did not write this all myself. I just edited in all the curse words instead of their fairy talk.
That being said, Let the Games Begin!
You're likely wondering What the hell is this?
VBOOKIE: a system that some very cool people designed to allow simulated "gambling" - for entertainment purposes only - with a proprietary currency called VCASH (no actual value) on certain internet message boards - specifically, ones using the VBulletin brand of PHP forum software. Enough with the technical bullshit, you most likely don't give two shits about...... so On to the next one
VBOOKIE Function: allows empowered individuals* to create "events" on which you can wager your VCASH.
*we'll call them VBookies. This individual/s will be able to create and moderate the games and payouts for the events created. The vBookie could be a Mod or Not, so instead of giving them too much credit, and letting The Truth vote himself in, we will call them vBookies! though technically inaccurate, as not all bookies are forum moderators. For now, it's just one Greedy and Over Powered Bookie who doesn't pay me on time!!!!!
The individual Vbookie does not "get" your VCASH when you lose it - it is pooled back into the systemwide ante. The Vbookie's role is to create and manage events, paying out the winners in a timely fashion after completion each event (often a sporting event, though you can bet on other things....... like who gets to take Meatballs V Card
The "object of the game", obviously, is the same as the fundamental goal secondary only to survival in any capitalist society - have more monies than everybody else!
How do I get more Monies you say?
Well, first think about what you'd like to bet on. Steering clear of events where you have little to no knowledge of the subject matter is wise, though plenty of members like to take chances on what's called a "blind bet" - it's a bit like playing the lottery.
If you see a thread on an NBA game that interests you, go ahead and check out the odds. They will be up at the top of the thread, like so:
If you see a thread that does not have odds listed, note whether the thread was posted recently. It may be that the VBookie is simply in the process of creating the event. There is a bit of a lapse between creating the thread and putting the finishing touches on the odds section as seen above (typically no more than a few minutes really). If you see a thread that has no odds posted, try and PM the vBookie and see if you can get that fixed, nerd.
Now, you may be a bit confused by the odds themselves. That's understandable, but there's no need to be. They're actually easier than they look.
There are three basic ways of looking at odds. Each is in more common use in a particular part of the world, hence the less scientific alternate names.
--There are Fraction or "British" style odds, presented in the example above as Cleveland Cavaliers 100/235F
--There are Decimal or "European" style odds, presented in a modified form in the example above in parentheses as (0.43)
--The third style is Moneyline or "American" style odds, which are not present in the example above. VBOOKIE does not deal in Moneyline odds, though you will see them in use at major sportsbooks and in Las Vegas where many of the odds (or "lines") for a variety of domestic and international sporting events originate.
Can you handle that?
The easiest of these three types to read is probably Decimal/European odds. VBookie deals primarily in Fraction/British odds but all events do list a translation into something very similar to Decimal/European as well.
True Decimal/European odds include your original investment, or "stake". So in the above example, anywhere outside the VBookie universe, Decimal odds would be written as 1.43. VBookie omits your stake, so you have to use your imagination and just add an integer of 1 to represent a base stake of 1. The .43 represents the amount of a $1 investment (or "stake") which you will profit should you win on that outcome. So let's say you place a 100 dollar bet on the Cavs in the above event. You would win 43 dollars. You'd be paid out $143 - your original $100 stake plus your $43 winnings.
Well, that wasn't a very good deal, was it? I risked one hundred dollars and only won a measly Fourthy Three???
You're right. That's not what would be considered a high-value bet. That's because you bet on the "favorite". You can tell that by looking right next to the Fraction/British odds on that line - there's a big fat capital F.
The favorite is always the lowest-value action outcome option on any event. The reason is that it is the most likely outcome.
So, what? I'm supposed to throw my money away on unlikely outcomes?
Well, yes. What, did you think it would be easy to just come in and place bets willy nilly on likely outcomes and reward you for banking on the obvious to rack up v-millions? This is where betting transcends from luck into actual skill. If you are knowledgeable about the subject matter, you may have some insight into just how strong a favorite is...
"So the favorites don't always win?"
Well, they're not psychic. They are wrong (in the real and v-world) - and with enough frequency that people choose to partake in their books. Betting lines are based on a slew of factors and determined by experts. Even experts can't make predictions with 100% certainty, though. It's up to you to decide whether your opinion differs from the people making the lines - and whether it differs enough to bet against them. If you agree with the line, very strongly, and think it's worth it to bet on a favorite, feel free. Just bear in mind that you're risking more to profit less.
Should you choose to travel the road less, however - and bet on the less favored outcome, or "underdog" - know that they are the underdog for a reason. In the example above the Celtics are a 195/100 underdog. This is a very high value bet. Remember how VBookie shows a slightly off version of European/Decimal odds?
So we'll add that "1" back in, and the Decimal line next to the Celtics becomes 2.95. That means if you bet $1, you win $1.95 and get paid $2.95 (your $1 stake + your $2.95 in winnings).
Hey! That's more like it! Low risk, high reward!
Kind of. Low "financial" risk, in relative terms. Again, this is considered by experts to be the far less likely outcome. You should base these bets on more than a "hunch". Try to do some research before placing any large bets. If you ultimately decide that an underdog is more live (has a better chance) than the bookies seem to think, and if the value is good then by all means go for it.
Now, you have a $500 "bank" to start out with...
What if I want to bet more than $500?
Start winning.
What happens if I make some bad bets and run out of money?
Everybody skids. This isn't an exact science. VBOOKIE is a forgiving system. Whenever you go to a zero balance by losing all your vcash, the system will reset your bank to a pre-set amount as soon as a new event is created. So if you go belly-up at 4:30am on a Sunday, and a new Vbookie event is created Tuesday at 2pm, that's when you'll receive your $ reset bank.
Any further questions, please do not hesitate to ask in this thread or Google.
and please, for crying out loud, don't fall for Bi-Guys tricks. He will send you nudes for vCash, but you will not like them......unless you are Tunes of course.
ALi
My Bad! Meat Sandwich.
I tend to read members names in my head however I see them........ mmmmmm Meatballs.
ALi
Awesome lol!
tl;dr
GiZ
Great thread, thanks for writing this up.
Yeah its almost like he's doing your job. Faggot.
haha
mgunit i will give u my soul for 1,000,000 vcash
wat goes here?
i volunteer to be a vbookie. i can keep the betting section up to date with the mma bouts and fight cards. just offering a hand seeings how i watch every one religeously
Flash Writes without RED TEXT????????
Is this your serious face?
ALi
Hey!!.. I saw that last little bit of text, fucker!
People ALWAYS like the Nudez i PM!!
You're Garbage, Goliath.. GARBAGE!!
Bi-Li
he Mad .
ALi
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