Sunday, April 26, 2009

IPL Champion - Offer of the week

Friends,

Thank you for your response to our first competiotion "IPL Champion". Keep those entries coming and keep watching this space for more updates from our side as we endavour to make IPL Masti more exciting. Here is the first set of updates:

Clarification
The minimum amount of $20 is only for the competition "IPL Champion", the participation in which is compulsory. For all the other competitions, amounts in multiples of $5 (min. $5) can be contributed.

IPL Champion - Offer of the week
Heres an offer you wouldnt want to miss out on. For every $25 you contribute on an IPL Franchise in the competition "IPL Champion" before the 30th of April, we contribute $5 towards the same or another IPL franchise of your choice. Remember, this offer is valid only till Thursday, the 30th of April. So get those contributions going guys.


Active (Open) Contests
1. IPL Champion ( Winning Team): Open. Contributions Invited. Competition closes 6 May 2009. Special offer closes on 30 Apr 2009.

2. IPL Lucky Loser (The team finishing last): Open. Contributions Invited. Competition closes 12 May.

3. Highest Scorer for IPL: Wait for updates.

4. Highest Wicket Taker for IPL: Wait for updates.

5. Two Finalists: Wait for updates.

6. Four Semi-finalists: Wait for updates.

Request
Please mail us the email ids of all your friends who you want included in this contest. The id list that is used in this mail is our master list at the moment. We will add the email ids suggested by you to our master list.

Guys, the masti has started. Dont be left out. Be a part of it.
Direct all questions to betonipl@gmail.com


Cheers
Gaurav n' Sukalp

IPL Masti - Introduction

Friends,

I am sure all of you are busy watching IPL. Just to get some excitement going, we thought of starting a game. Its called IPL Masti.

It is basically a betting game which will comprise of the following contests.

1. IPL Champion ( Winning Team)
2. IPL Lucky Loser (The team finishing last)
3. Highest Scorer for IPL
4. Highest Wicket Taker for IPL
5. 2 Finalists
6. 4 Semi-finalists

We will also start more match specific contests during the season.

Now the idea is not to make money ( well who doesn't need it though...) but for all of us to have some fun together. We also intend to organise a couple of IPL Drink and Watch ( Match only...) parties, the details of which should follow in next few days.

Now lets introduce our first betting contest, the participation in which is compulsory. It is called "The IPL Champion". As the name suggests, you win if you pick the team that wins the IPL. Following are the rules:
You 'contribute' a minimum of $20 towards one or more of the following 8 franchise houses :
Rajasthan Royals
Delhi Dare Devils
Chennai Super Kings
Mumbai Indians
Kolkata Knight Riders
Deccan Chargers
Kings XI Punjab
Bangalore Royal Challengers

The contribution cycle for this contest lasts 14 days from the date of begining of contest (22 Apr 2009). This means that you can make one or more bids (contributions) on one or more franchise houses upto the 6th of May , 2009.

If you pick the right team, you will win an amount that is equal to the amount you contribute times the odds against that franchise. Please note that while your contribution amount is a constant, the odds against a franchise is a variable, the value of which will be calculated based on the relative amounts of money being contributed towards different franchises.

Example: Abhishek contributes $50 towards Kolkata Knight Riders (Odds against Kolkata Knight Riders = 3.1). Usha contributes $100 towards Mumbai Indians (Odds against Mumbai Indians = 7.4). If Kolkata Knight Riders win the IPL, Abhishek makes ($50 * 3.1 = $155) and Usha goes home sad and does not make dinner that night. However, if Mumbai Indians win the IPL, Usha makes ($100 * 7.4 = $740) and Abhishek is a sad man.

The odds against any franchise will keep changing during the 14 day contribution cycle as you make your contributions. The final odds will be communicated to all participants after the contribution cyle ends on the 6th of May 2009 . The payoffs will be based on the final odds.

Participation in the first contest (IPL Champion) is compulsory and minimum bet is $ 20 , while it is optional in the subsequent contests. For other 5 contests, just mail us your choice with the receipt of the contribution and we will confirm it to you as soon as we get it.

This contest is limited to you and your close friends only. Please feel free to circulate the details to your friends.

Payment Instructions: Transfer the contribution amounts to the suggested account and mail the receipt to betonipl@gmail.com along with the name of the franchise(s) and the amounts contributed for it.
Account Details: Send us an email and we will mail you the account details...

Direct all questions to betonipl@gmail.com
Let the Masti begin.

Jai Ho!