Setting up a betting/prediction website?

- Website where you stake (bet) £1 on a certain accumulator, with a fixed pay out every week. Rather than fluctuating odds.

- The more people who play the higher the potential pay out (assuming there are enough players to do so).

- Multiple winners split the payout between them.


This sounds very confusing, you're totally relying on people to put money in so they can win money? So you're not putting capital behind it?

What if you have 500 people and 490 of them win, do they get just over a pound back each?

how can you fix odds week on week? Once you lay an acca with a bookie your odds are set, so if I do an acca today for the weekend but then say united have a massive sickness crisis and the odds on them change dramatically I still get the odds I got today on my acca.

Maybe I'm missing something.

Admin1

KOP is the daddy of Prediction comps. Don't go pulling the rug out from under me

Thanks for the response Admin1

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comment by kneerash-23 Cara Gold (U6876)

Sorry for the confusion, I was rushing when typing and really didn't explain the idea well.

If it helps what I meant was every week the prize would be set at £X (say arbitrarily £1000) plus a certain % of the staked money received. Therefore more players would eventually = a higher payout

If that makes sense?

So in certain respects the odds would be (1000 + x)/1
every week.

Let me know what you think of the idea & any constructive criticism you have.

This is just a nugget of an idea and any evaluation of the idea would help.

I know someone who is setting something up that sounds very similar to this. I'll have a chat with him and see if he has any advice Stannis.

Cheers meltonblue (U10617)

I can assist you, all I need is your bank details and we can get the ball rolling

I can be your 'expert' if you like.

My rates are fairly competitive, everyone here can vouch for me

comment by Pride of the North (U6803)
posted 51 minutes ago
I can assist you, all I need is your bank details and we can get the ball rolling
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comment by Cinciwolf----KoP champion, HC+DG champion, officially paid for being here-----$254 (U11551)
posted 43 minutes ago
I can be your 'expert' if you like.

My rates are fairly competitive, everyone here can vouch for me
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Don't let Cinci anywhere near this. He'll have u bankrupt within a week while he suns himself on a yacht