

Betting Exchange | TMMAC - The MMA Community Forum Currently the link is here:

To be clear, I am rolling this out on my day off for speed without as much testing as I'd like. There is a chance I might have to change things around. That means I might decide to reset everyone's cash to start over or something like that. If I 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

Bet by clicking the CREATE BET button in the top right when looking at the Betting Exchange page

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.

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

Betting: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: