Quote:
Originally Posted by FoxwoodsFiend
I don't see how the financial penalties are relevant except insofar as their affect on the course of the bet. That impact, if any, is just to make durrrr and jungle play a certain amount of hands per month. Are you claiming that betters on the match could not have seen it coming that the match would proceed at the pace this new rule dictates? The fact that there's an enforcement mechanism is between jungle and durrrr-all that matters to the betters is the impact on the course of play, and the new dictated course of play is far from unforeseeable-it's pretty much what durrrr predicted before the match started!
I mean, seriously-this new modification doesn't alter the underlying question that was the primary basis of most people's bet, which is who is better at HUNL. On top of that there were always arbitrators picked out so betters were on notice that there may have to be some adjudications handed down that alter things.
* I have not done a detailed survey of the original terms.
With that in my mind,
I don't see how the financial penalties are relevant except insofar as their affect on the course of the bet.
"course of the bet" - surely how long the challenge goes has a material impact on the bet. If it was a 50k play till finished e.g. one session - that is clearly different than to the bet as it stands. So time does have a measurable impact upon people's perception of the possible outcome. And the problem for the arbitrator is - where to draw the line?
I would put it to you - that there is a big question begging?
Why have the riders if it was not designed to substantially impact the "course of the bet"?
Are you claiming that betters on the match could not have seen it coming that the match would proceed at the pace this new rule dictates?
The bettors could have had many assumptions about the pace and timing of the match - when they originally bet.
Having placed the riders on the bet - what bettors would have expected the pace and timing to be - would have changed.
So it is not so much whether or not - they could have foreseen it.
It is that what things they were and are now likely to have foreseen - are now two substantially different things.
e.g. 40k penalty per two months or 8k of hands probably makes it alot less likely that the bettors would foresee that the bet will take 3 years to complete. It is not that they could not conceive of it lasting 3 years - it is that they might change their opinion or their strength of their opinion if it was only ever going to be likely completed quickly.
Now I am not saying that durrr believed this : but say what you are saying is correct i.e. it's pretty much what durrrr predicted before the match started!
Lets just assume that some of the bettors who bet on durrr - did not know what durrr thought about the match - but who thought - well I think durrr will win because he will drag it out over a long period and Jungleman will grow impatient and durrr will then pounce.
That person could easily have not placed the bet in the first place if those riders of time penalties were in place from the begininng.
I mean, seriously-this new modification doesn't alter the underlying question that was the primary basis of most people's bet, which is who is better at HUNL.
There is no relevance to the "underlying question"...the bet is literally the bet. The bet was substantially altered.
On top of that there were always arbitrators picked out so betters were on notice that there may have to be some adjudications handed down that alter things
I need to think more deeply on this point. And my inclination is to suggest that this is the strongest part of your argument and I might need to parse the original terms of the role of the adjudicator.
Last edited by DiggertheDog; 12-01-2013 at 07:14 PM.