SteemSports community sports initiative, cast your votes, help distribute SP and make a difference!
SteemSports Editor: Nolan Jacobson - @theprophet0. [Witness]
SteemSports Presenter: Kryptik - @kryptik.
This week we bring you a special edition of SteemSports that includes a pre-game analysis of this week's Thursday Night Football Game, in the form of a Video/Podcast!
This Thursday, Oct. 20th at 8:30 EST(UTC-4), the Green Bay Packers will be hosting the Chicago Bears in the oldest rivalry in the NFL.
The spread of the game is 8.5 and Green Bay is favored. (Packers -8.5, Bears +8.5). This game should be fun to watch with all of the current developments from these two teams.
Video Time Table
Support SteemSports Ultimate Vote Betting … together we all can win!
How to Play
Vote on the main post to enter the bet (main post rewards will also be added to the Stake Pool).
Cast your Vote Bet on ONLY ONE outcome for which you bet on for the win (Multiple comment votes will be automatically disqualified by the script, unvote and revote counts as multiple votes and will be disqualified).
After 24 hours, the post and related game comments payout to the pool; remember 25% voters rewards are deducted from the total post payout value first as per Steem curation rules. Voters are rewarded in standard fashion in proportion to their Steem Power holdings.
The Stake Pool:
The remaining 75% of the total payout is paid out in 50% Steem Power and 50% in liquid currencies, the latter now varies in payout ratio after the new fork. To make the process less complicated, we have decided to use all paid out SBD to buy Steem in the internal market to create a grand total Steem Stake Pool.
30% of the Stake Pool will be retained, of which 15% will go to the writer/sports presenter of the post, and the 15% balance towards editing, development and advertising.
70% of the Stake Pool will be held until the event/game outcome is determined.
Once the winning outcome is determined, we will execute a proprietary developed script that will divide and pay out the Steem rewards equally, using the Power Up method, to Mass Distribute SP to all participants that voted on the main post as the entrance fee as well as voted on the correct comment representing the winning outcome.
Only participants with a Reputation of 35 or more will qualify to earn SP rewards, but non-qualifiers can still vote and comment in support of the redistribution initiative.
Entry cut-off time is the earlier of the post payout or the start of the event.
Disclaimer and Image/Source Credits:
Image Credits: Team Logos are from Wikipedia
Images used in this post are either paid for and modified, Creative Commons (CC) or image credits supplied.
Note the views and predictions of the presenters are their own personal views and do not reflect the views and opinions of @steemsports. @steemsports does not offer betting advice.
Errors and Omissions Excepted (E&OE). SteemSports is currently beta, currently no liability will be assumed for errors.
@steemsports reserves the right to amend future payout percentages based on the operation needs of the account.
@steemsports is not a traditional betting platform and no fiat currency is used as rewards or in casting bets; as such does not fall under any gaming and gambling jurisdictions; but even so, users are urged to first consult with the laws and age restrictions of their countries.
@steemsports in the unlikely event that when the Stake Pool is divided up between the winners and the nomenclature resolution goes below the third decimal place (example: 0.0001), then Steem decimal restrictions won’t allow a payout and the pool will carry over to the next game.
Please vote responsibly :).
Copyright © Ricardo Goncalves 2016
Campaign Partners
@complexring - campaign supporting witness and advisory role
@nextgencrypto - campaign supporting witness
@pharesim - campaign supporting witness
@smooth.witness - campaign supporting witness
@chitty - campaign supporting witness [Steemfund Project]
@joseph - campaign supporting witness
@silversteem - campaign supporting witness
@kryptik - advisory role
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Manual bets on comments must still be placed to pick winners!
Check out the sports category for great buys!
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UPVOTE, FOLLOW REPOST and SHARE on Facebook, Twitter, LinkedIn and others, in support of the @steemsports initiative!