Sept 16 (High Stakes) Transformer - Round 1 Results and Stats

The Sept 9 Transformer just completed Round 1.  This the first "high stakes" Transformer, where the monthly buy-in is $50 instead of $25.  They had 128 winners in Round 1 for a pot that 172 people contributed to.  That's a 74.42% win rate, much higher than the Round 1 average of 57% in the $25 games.  Winners got $25.19 each.  Remember that half the stake goes to the final pot, so this means that players each contributed $25 to this pot and thus only "won" $0.19.  In fact, if one more person had won, they would have had 75% of the players win and thus the DietBet fee on the pot would have meant that no one got any prize money at all.  Round 2 usually has fewer winners, so we'll see how this goes, but so far, my suspicions that more competitive players would participate meaning lower prizes overall is bearing out.

(Note: I write posts about the stats for all the games that are running, not just the ones I'm playing in, but my posts only appear in the feeds for my games.  If you are in other games, feel free to post my blog there so people can see how they are doing.  I'm currently in the June 3, Aug 12, and Oct 7 games.  If you add me as a friend, you will get a notification about all the stats posts I make.  You can also join the Transformers Data Nerds group: https://www.dietbetter.com/community/groups/7-transformers-data-nerds and our Facebook group: https://www.facebook.com/groups/DietBet.March/ ).

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Rohit S.

10/20/2014 10:12AM
So, looks like high stakes in not the game to be in if you're in it for money... and is the game to be in, if you're in it for losing the weight!

amybang likes this comment.

amybang

Well, I'm not sure the threat of losing more $$ is really motivating any of the players to do better. I think the game was just highly self-selected.

jmu612

I have looked at the 4% game results and have noticed that the higher the bet, the lower the payout. I am definitely curious to see how that will work with this game. Thanks again for sharing all the stats :c)

Games played

9

Weight lost

-29.3%

Winnings

$1830.64

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