Join us for the first SteemSports, Steem and Steem Dollar Live Bet test event!
SteemSports Editor: Ricardo Goncalves - @thecryptodrive [Witness]
SteemSports Presenter: @theprophet0. [Witness]
Game Cut off times 8th November 2016
The big day is almost here, this election is said to be America's most important election of all time ... massive changes will happen when the next President of the United States comes into the office. Very few people like either of the candidates as they both have a greater amount of cons than pros.
For those who are not familiar with American politics; in summary the two presidential nominee's are, Donald Trump who is running for the conservative/republican side and Hillary Clinton who is running for the liberal/democratic side.
In all honesty, currently we have no idea who is 'winning' the polls as each media station is biased for one or the other and the candidate they support typically leads their polls.
How does the electoral voting process work?
Despite popular belief, the U.S. Constitution does not provide for the popular election of the American president. It provides for popular election of presidential electors. Each candidate who qualifies for a given state's ballot must designate certain individuals who will serve as his or her electors if that candidate wins the popular vote in that state.
When each state certifies a winner of its overall popular vote, that winner is entitled to send all his or her electors to that state's capital, where they will officially record their votes for their candidate. All the electors in all the states do it on the same day, the first Monday after the second Wednesday of December. This year it is Dec. 19, which is the latest it can be, just as this year's Election Day is the latest it can be.
In these proceedings in the states, the winner of the statewide popular vote generally takes all the Electoral College votes, a rule stretching back to 1824.
Two states, Maine and Nebraska, have instituted a different system, giving two electoral votes to the statewide winner and one to the winner of each of the state's congressional districts. This is allowed as the Constitution enables individual states to determine the manner of their elections. Other states have recently considered doing this as well.
Maine has two districts, so its vote can be split 3-1 (as it appears likely to be this year). Nebraska has three districts, so it could split 4-1 or 3-2. Nebraska had a 4-1 split in 2008, when its Omaha-based district voted for Barack Obama while the other districts went easily for John McCain.
Some states have also considered a rather more exotic idea: Casting the state's electoral votes for whoever wins the national popular vote. This would serve to undercut the Electoral College's "indirect democracy" and elevate the idea of a national choice, regardless of state lines.
For the present, however, here is how the Electoral College votes are apportioned to the states: Each state is assigned a number equal to its Senate seats (always two) plus its seats in the House of Representatives.
That means the seven states with only enough population to qualify for one House seat will get three votes each in the Electoral College. California, with 53 seats in the House, gets 55 electoral votes, and Texas' 36 seats mean it gets 38 electoral votes.
And that's why, after the U.S. expanded to include 50 states, the Electoral College had 535 seats, the same as the total of members of Congress (Senate and House). It now has 538, because in 1961 the 23rd Amendment to the Constitution added three for the District of Columbia, which had previously been without a voice in choosing the president (and which is still without a vote in either the Senate or the House).
Source
Fox News Electoral Map
CNN Electoral Map
Betting Odd's
Bet on the winning result below by sending Steem or SBD to steemsports and include the given memo related to your selection
Trump for the Win!
Transfer your Steem or SBD bet amount to steemsports and use "Trump" in the memo.
Clinton for the Win!
Transfer your Steem or SBD bet amount to steemsports and use "Clinton" in the memo.
Other outcome for the Win!
Transfer your Steem or SBD bet amount to steemsports and use "Other" in the memo.
Support SteemSports Ultimate Betting … together we all can win!
How to Play SteemSports Live Bet Edition
Pick your winning outcome and transfer any amount you wish to bet in either Steem or Steem Dollars to the steemsports account.
You can send in as many entries as you like, to as many outcomes as you like.
A vote on the main post is not required to enter, but we will appreciate it to help set the post to trending, improving visibility and helping us raise funds for front-end development.
This is our first Live Bets game to test our payout platform, and therefore it has no fees. 100% of bets will be paid out.
There are no reputation limits to participate on the live bet.
Entry cut-off time will be the time stipulated on the post, if no time is stipulated on the post, the earlier of the post payout or the start of the event shall apply.
All live bet entries submitted after the cut-off time will be refunded.
The Stake Pool:
Steem digital currency Bets on all outcomes will be combined in a single stake pool, and distributed to the winners who bet on the correct outcome.
Steem Dollar digital currency Bets on all outcomes will be combined in a single and separate stake pool, and distributed to the winners who bet on the correct outcome.
Distribution of winnings will be in proportion to the bet amount paid in, the calculation will be as follows:
( Your Bet / Sum of Winning Bets ) x (All Winning + Losing Bets)
This applies to both Steem and SBD pools and any other digital currency pools we introduce, off-chain, on the steemsports.com front-end.
Disclaimer and Image/Source Credits:
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.
For Live bets, please only bet what you can afford to lose.
Please vote responsibly :).
Copyright © Ricardo Goncalves 2016
Campaign Partners
@complexring - campaign supporting witness and advisory role
@nextgencrypto - campaign supporting witness
@smooth.witness - campaign supporting witness
@blocktrades - campaign supporting witness
@datasecuritynode - campaign supporting witness
@joseph - campaign supporting witness
@chitty - campaign supporting witness [Steemfund Project]
@kryptik - advisory role
Vote for the people! Vote for thecryptodrive witness!
Autovote @steemsports posts with steemvoter.com and help us grow the SP Distribution Stake Pool!
Check out the sports category for great buys!
Contact me, thecryptodrive to have your logos displayed in the footer of our posts in exchange for advertising @steemsports to your communities and initiatives, or for other worthy support.
Remember to UPVOTE, FOLLOW, RESTEEM and SHARE on Facebook, Twitter, LinkedIn and others, in support of the @steemsports initiative!
UPVOTE, FOLLOW, RESTEEM and SHARE on Facebook, Twitter, LinkedIn and others, in support of the @steemsports initiative!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
omg this is awesome :)
Thank you so much for making this, its highly motivational :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Cool, we have our own cheerleaders now! Nice video @steempowertwins , community support like this is what makes Steemit awesome. We hope to introduce other games that are not strictly sports, let us know if there are any game genres you prefer. Any collab or ideas welcome, can contact me thecryptodrive on steemit.chat
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Election fixed for Clinton
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Just confirming that @tee-em is talking facts right there!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Yip most likely!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
No comment :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
and with her Satan !
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Just bet 100 SBD on Trump. If Clinton wins this will be just a small loss among all what will happen soon under her command. I still believe Trump will make it. Onward!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
100 SBD!!! Woah way to support our games brother! :) Steem On!!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
If you want to see what bets have been placed so far, have a look at http://www.steemit.com/@steemsports/transfers
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
this is actually a better way to see it, thanks to @jesta's steemdb.com:
https://steemdb.com/@steemsports/transfers
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
8 hours in:
63 bets
{'SBD': 1151.707, 'STEEM': 511.98199999999997}
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Ah, you did make the analysis public, good man! :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
So far, in ~5 hours, we have gotten:
50 bets
SBD: $368.4
STEEM: 500.4
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
@dantheman voted the post!!! Ok this get's shared to Facebook and LinkedIn now!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
How's this for a Social Media headline:
STEEM as a "No Fees" Prediction Market: Who will win the election, Trump or Clinton?
Everyone Share this post with this headline on Facebook, Twitter, LinkedIn and whatever other site you normally frequent :) Dan approves of this post, so should you! :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Results from the game are now available here.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Come on Trump supporters send your SBD in, put your money where your mouth is, don't be a cheapskate, we want your SBD.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This high roller just bet 400 SBD!! :) That's the spirit!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
400 SBD I borrowed from @smooth , so a rush payment on the win is appreciated hahaha
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Loool :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Clinton for 200 SBD
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I had 65 SBD. Just bet the house on Clinton.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Good luck my man!!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Awesome, thanks for playing @smooth! The stakes are increasing!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You should also start a lending business on Steem ... @smoothloans :) @joseph will be your regular.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
The election has always been rigged...I can tell you who is NOT winning this election cycle...the American people!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Lol, good call.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
ive bet on Trump in 2015 ;) https://steemit.com/bitcoin/@kingscrown/i-have-bet-on-trump-in-2016-with-bitcoin-you-can-too
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
good luck!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Because the elections is just a circus show and the voting is rigged electronically, this betting is quite useless.
https://steemit.com/life/@steemtruth/elections-are-rigged-undeniable-irresistible-proof-and-truth-part-4
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
For me in my own opinion i think that both of them doesn't deserve to be the president of united states.
America should cancel the election and look for much deserving candidates for the position.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Agreed, then we bet "other" for that :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Just made a 15 SBD bet with memo "Clinton". May the games begin!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Cool buddy! Good luck!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Great Game.
I would vote for Michelle if she ran. Obama three terms baby, lol.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Vote for thecryptodrive witness!!! lol :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Shes a wonderful woman.. and brilliant - I agree.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I am just curious if @donaldtrump and @hilaryclinton will participate in this betting (yes, both accounts exist and Trump's wealth is like 300+ times than Hilary ... but Trump is not even a whale here .. LOL)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Would be cool if they participated and had a live debate in the comments here, provided they are the real candidates.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
well, let's wait until steemit has 10 million users!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
how are the odds?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
The odds based on current bets on the post, we don't know as we don't have a script for live betting stats. However if you want to know the odds based on public sentiment, read the post above, there are some stats there.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I am in this for fun with a tiny Steem amount.
But it won't be any fun at all to follow the elections and the after party. Strange and sad days are in front of us all :(
BTW - can we 'vote' several times? I can take this as an investment and put all the Steem coming into my wallet from the curation awards up to the deadline into this strange game :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Yes you can. I am going to vote $10 on someone (will do analysis of current votes, and vote for whomever got more votes), and $2 on 'Other' to hedge the bet :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Sneaky, we like it! How's bout a public analysis. :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Yeah I agree! Not much of a candidacy choice.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Yeah u can bet as many times as you like, a different amount on each outcome even if you so wish.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
TNX. Will do. But on one side only. The powers above won't permit Trump's win :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
woohoo- I had just transfered everything into savings when this post popped. Now I got a curate award and can add my .001 to the pool ;>
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I had just powered up almost everything liquid. Now I know why I should keep more in the other accounts.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Haha :) sorry man, always keep emergency cash, they taught that at school.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
;>
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
OK, all in for Clinton.
I never thought I would say this :)
You guys are making strange things happen :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Lol, it's all good fun... vote @steemsports for president!!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You have my vote anytime!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I just transferred 100 Steem with the memo Clinton, I would rather bet on Hillary for the win because I'm Portuguese, so would probably be mistaken for Mexican and deported if I were to visit the USA in future when Trump is president, lol :)
Hope I win! Remember you can also create an SBD pool as well by sending SBD.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
lol
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hey, I'm Portuguese too and every time I go across the border (into the US) I'm asked where I'm from...since my olive skin and unusual last name seems to confuse the American border guards. Like 84% of polled Canadians, I'm hoping Clinton gets in. Most of my American relatives are Republican and can't stand Trump so they're not voting this year at all--and from what I've read (in the Portuguese American publications and immigrant Facebook forums, they're not the only ones choosing to stay home. Many Portuguese American conservatives will not vote this year.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Comos Estas Florentina!? Nice to have other Portuguese on here, although I mainly am English speaking, being born in South Africa. I hope trump doesn't win! Thanks for supporting our post!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Well, as it turns out, Trump will be the next American president. Unbelievable.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
My older relatives lived in Portugal when Salazar was the dictator. They believe Trump will be far worse and will incite chaos both within the country and outside its borders. I hope his toxic hatred and fear mongering doesn't spread to Canada.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
@steemsports is now ranked no. 3 in reputation, we just overtook @stellabelle woot! :)
Data courtesy of steemwhales.com
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Awesome my prediction as with my DJ Trump Prediction is that soon you'll be #1
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Will be very interesting to see if the worldwide Steemit community can call this one, I bet they can.
Do another one on if the majority votes on this one is correct... Why not :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Haha :) great idea, however we have already got all of our games scheduled and don't want to detract from this one either. We will keep that in mind for another event.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
:)
sure in the future not only have a vote but the if that vote will be correct lol :0
good stuff, thanks...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Clinton will win due to rigging the election but Trump will have technically more votes than Hillary by a landslide.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This is great!
.. nevermind the whole secret ballot thing! ;-)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
43.813 STEEM for Clinton. All I have at the moment. Resteemed.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Woah, we do have a "bet responsibly" disclaimer. You must not have read it. :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You are wrong! :) As a steemsports author I know the rules :) By the way, I'm also an analyst and economist - so I definitely know what I do.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Haha, yes I know you are our writer :) I'm just joking with you. I didn't know however that you are an economist and analyst! What you think of financial market bets?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This makes it hard for those of us who keep everything in SP to participate... :(
Well, I'd bet Clinton if I could for the record.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
All in on Clinton, this is not even a competition, it never was.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I just put 100 Steem on Clinton! Is that it just put Clinton in the memo?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Yip you did fine!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This post has been linked to from another place on Steem.
Advanced Steem Metrics Report for 6th November 2016 by @ontofractal
DAILY STEEM REPORT NOVEMBER, 7TH ( STEEM - 24.91% ) by @elyaque
Learn more about and upvote to support linkback bot v0.5. Flag this comment if you don't want the bot to continue posting linkbacks for your posts.
Built by @ontofractal
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
The betting industry has one big issues which are fees.
Steem could make a killing by having no fees. Instead we should make it a requirement to vote on a post, use that as fees but keep the bet juice free.
That way you could kill all sports betting and solve a real problem.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
We were thinking of having free bets and live bets both running on the same game, with small fees on the live bet. Your model is interesting and would encourage people to play with Steem and SBD more than with other cryptos, we will discuss and try figure the best way forward.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Sports betting today is gambling because most of the money lost goes to fees ultimately. If you can remove that, the game can be revolutionized.
Steem has the advantage of generating fees outside of the actual bet, if you leverage that it would change the game entirely.
The fact that steem has free transaction is a key strategic advantage as well. So leveraging the voting power and free stransaction correctly would give you an advantage over any other betting platform including augur and other Crypto platforms.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
We have acknowledged that ;) our standard betting games are even better, they are a free roll and you can still win SP and SD if it was still being paid out. Definitely, using the post to fund growth and development and leaving the live bet free from fees is a great idea, we can expand that further and require a minimum amount of SP holding for the bet to remain free, which incentivises the purchase and holding of Steem.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Yes. That would be an amazing business model. Imagine people betting on steem. That would pull in value like nothing else. There trillions that are bet every year on sports.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
That's the plan, our introduction post referred to the 3 Trillion Dollar sports betting industry. :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Just for fun :-) I give it a try. Clinton.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I just transferred 11.077 STEEM with the memo Clinton.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This is awesome !
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Sure is!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Great game. I would say that Obama is going to find a way to stay in office though (IMHO)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Then bet other! :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I just put in 1.099 SBD (the last of it I had, lol) to start the SBD pool. Clinton for the win also.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
So as long as Trump or Hilary don't win this election then if I put a bet on"other" I win?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Yeah correct!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Great!
I am going to bet that neither of them win!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Bet on Trump, not because I'd like him to win (either of them really) but because I think he really might and I think the world will actually be surprised. Plus if he does I win money :P Guess we'll find out later..
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I am too late but I would bet on Clinton.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Looks like Trump won...most of the money was on Clinton, whoever bet on Trump will be smiling :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
1.5 SBD for Hillary Clinton
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit