Each participant will be given 3000 points at the start of the contest.
Daily we will ask 2 Questions and you have to predict its correct answer.
Every participant has to predict and bet minimum 50 points per Question. Those who fail to predict will face a penalty of 50 points. There is no limit for maximum bet.
If your prediction is correct, you will win points according to the ratio which we will declare along with every question.
If your prediction is wrong then the number of points you placed in bet will be deducted from your account.
The participant who has maximum number of points at the end wins.
To earn more points, participants can also place bets between themselves.
Questions will be related to various fields like shopping, politics, movies, sports, business etc.
Q.1 Predict the number of front page deals (FPD) tomorrow.
Winning ratio for this question is 1:3
Suppose your bet is :- Tomorrow there will be 4 FPD’s and bet 300 points.
Your point balance : 2000
So if next day if there are 4 FPD then you will win 300×3 points = 900
If your prediction is correct then your point balance After Q.1 will be : 2600
If your prediction is wrong then your point balance After Q.1 will be : 1700
How to Place bet between participants
Here you will have to raise one challenge and someone accepts it then the bet will be live between those two participants
Participant 1 says : I challenge that there will be only 2 FPD’s tomorrow and I bet 200 points.
Participant 2 : He accepts and says I accept participant 1 challenge. Then the bet is live. (In short he disagrees with 1)
Participant 1 balance before Challenge: 2000
Participant 2 balance before Challenge: 2000
Now if next day there are only 2 FPD’s then Participant 1 wins and earns double points. i.e 200 points which will be deducted from participant 2’s account and extra 200. Total of 400 points.
Participant 1 balance after Challenge: 2400
Participant 2 balance after Challenge: 1800
But if next day there is 1 or 3 or >3 fpd then Participant 2 wins and earns 200 points which will be deducted from participant 1 account.
Participant 1 balance after Challenge: 1800
Participant 2 balance after Challenge: 2200
Minimum points in any challenge should be 50.
First person to accept the challenge will only be considered.
Participants have to mention clearly that whose challenge they are accepting.
If none accepts your challenge then your bet won’t be live.
You can challenge and accept challenge only once per question i.e. 2 per day.
What if I run out of points ?
Every participant once can apply for 500 points loan if their account balance is zero in between the contest same will be deducted from their account at the end of the contest. Even if after that your account balance is nil then contest is close for you. So bet, challenge wisely.
1st Prize Rs 2000 Gift voucher
2nd Prize Rs 1000 Gift voucher
3rd, 4th & 5th will win Desidime Goodies
Participant can bet, challenge and accepts challenge for every question.
If participant is not placing any bet for any particular question then 50 points will be deducted.
Questions will be declared at 12 PM and 6 PM daily. Every participant can place in their bets, challenges in the next 3 hours. i.e by 3 PM & 9 PM. Beyond which all entries will be considered invalid.
Results and points will be declared at regular intervals.
If any participant found playing with multiple accounts, then he/she will be immediately disqualified and suspended.
Any other rules will be stated when the question is released.
In case of any dispute, Admin’s decision will be final.
Contest will run from 3rd Sept till 17th Sept 2016.
Those who join after 3rd September will get 300 points deducted for each day lost.
For e.g. If someone joins on 4th Sept he/she will get 2700, If 5th Sept then 2400.