Roulette(TM) stock market - weebls-stuff forums

PoofBird · 03-05-2004, 11:31 PM

Welcome to the Roulette stock market.

this is a test thread, which may result in further stock exchanges.
kudos to gxfu for the initial idea
if this works, someone else may take over and run it.

1. the starting prize is 50 rupees for 1 share

2. whenever a buying transaction is done (the buying of 1 or more shares by one person), the prize will go up with 2,5% per share. when you buy 3 shares, the second will be 2,5% more expansive than the first, the third will be more expensive than the second etc.

2a if a buyer doesn´t pay, other buyers after him will get a refund according to the price change. (ie all shares after the non-payer will be 2,5% cheaper)

3. whenever a selling transaction is done (the selling of 1 or more shares by one person), the prize will go down with 2,5% per share.

4. if you buy or sell multiple shares at once, they no longer go for the same price. Every share after the first will be cost 2,5% less or more than the one before.

5. do not donate money immediately, or expect money to be donated to you instantly. post here what you want to buy or sell, and i will take care of the finances according to the prizes at the moment of your post. this of course, may take some time.

6. Why buy a share?
For each share you have, you´ll get a percentage of the profit of the Roulette wheel. The percentage depends on the number of shares sold: 50 shares means 2 percent per share. the percentage will never be more than 5% regardless of the total number of shares. when you have multiple shares yourself, the percentage could be more than 5%

7. also, whenever the bank wins in Roulette, the price of a share will go up 10%. whenever the bank loses, the price of a share will drop 10%.

8. why trade shares?
you can make money purely by trading! try to buy shares when they´re cheap, and sell them when they´re expensive!

9. I will regularly post updates here with an overview of who´s got shares, what people who ordered shares must pay, and how much people selling shares will receive.

10. there is no set maximum number of shares. We'll see if we can get a natural max...

this will be some work, and all criticisms and ideas are welcome...
if this can be incorporated into some bigger stockmarket, i´m all for it

ask all questions you may have, and the answers will be edited into this post if relevant.

go!

current list of share owners
cap´n zola 40 shares
el_diablo5711 7 shares
qwerto 6 shares
empty pie dish 5 shares
dogincognito 4 shares
dr electro 4 shares
fat bear 4 shares
Moose 4 shares
smiley clown 3 share
the kenyan 3 shares
jaggedG 2 shares
lellykelly 2 shares
Micky 2 shares
patrick moore 2 shares
seaempty 2 shares
astral 2 shares
Abirdinthehand 1 share
Angrypaul 1 share
blueberrymuffin 1 share
cynic 1 share
eidderf 1 share
keep on rollin' 1 share
knehighbob 1 share
kudu 1 share
mister ben 1 share
nicro 1 share
snay 1 share
sweetfloss 1 share
the architect 1 share
tusksrus 1 share
Weeling bad? 1 share
youlikeyams? 1 share

latest update: +1 share for the architect

total = 108 shares

Current price = 217 rupies

Current dividend per share = 0,93

*jonffm* · 03-05-2004, 11:33 PM

I'm definatly getting on this bandwaggon

2 shares please.

edit: does that mean its 50 for the first one, and 55 for the second? or 100 for both?

PoofBird · 03-05-2004, 11:36 PM

Quote:

Originally posted by JonnyFFmaster
I'm definatly getting on this bandwaggon

2 shares please.

edit: does that mean its 50 for the first one, and 55 for the second? or 100 for both?

that would be 100 for both.

you´re buying them at the same time, after you the prize goes up.

please donate 100 rupees to me

current prize after your buying is: 55
(i´ll make it +5 or -5 after each transaction)

*jonffm* · 03-05-2004, 11:37 PM

Right. get ya.

*donating now*

Cap'n Zola · 03-05-2004, 11:38 PM

2 shares before anyone else snaps 'em up!

2 shares would be £115, yeah?

What percentage of the profit would share-holders get?

EDIT/ Ah, just seen the bit about percentages, I couldn't read it when I was editing..

Gnome General · 03-05-2004, 11:41 PM

Gotta buy quick...one share!
60 rupies?

Edit: Now that I got my purchase on the record, I can make some comments. Brilliant idea PoofBird! gxfu's stock market didn't really make sense, but since the roulette thread is like a business, there are factors to affect stock price. A suggestion: once a bunch of shares are purchased (100?), assuming that happens, stop selling them. Then, the shareholders can sell their shares to people at whatever the price is at that moment. That would make it like a real stock.

PoofBird · 03-05-2004, 11:42 PM

after jonnyffmaster bought, the prize is 55 per share.

therefor, Cap´n zola pays 110 rupees for 2 shares

currently there are 4 shares sold
that means both of you get 10% of the roulette winnings

a share can yield a max of 5%

edit: gnome general buys one share for 60 rupees and will receive 5% of the winnings

current price: 65 rupees

*titanic* · 03-05-2004, 11:47 PM

i want 2

oh oh pick me pick me

will the ammount of shares be capped?

what sort of divedend can we expect?

Gnome General · 03-05-2004, 11:51 PM

PB, read up if you didn't catch my last edit. I also have a question. If you lose money on the roulette wheel, do we have to pay a percentage of that loss? I would assume so if you want this to be realistic and to work well, but you didn't mention it.

*titanic* · 03-05-2004, 11:53 PM

thats not what happens with real stocks the companys just dont pay out any divedends

euro tunnel havent payed out in years

*jonffm* · 03-05-2004, 11:56 PM

The ideas great, and withing the betting area, it would work great if all the thread owners where to work together with the stock market.

However, the problem is every other thread. The non-profit threads. What exactly would I gain from buying a share in say..'Pics of you'. Yes, it would mean that I 'own' 5% or whatever the rate is at that moment, but 5% of what? The only way would be to buy a share in the threads owner, and I dont think thats a good idea at all.

Basically, I think the stock market would work well in betting threads, but outside non-profit threads might be difficult....though I am getting ideas on how it could, and I mean COULD work..*thinks*

PoofBird · 03-05-2004, 11:57 PM

Quote:

Originally posted by Gnome General
PB, read up if you didn't catch my last edit. I also have a question. If you lose money on the roulette wheel, do we have to pay a percentage of that loss? I would assume so if you want this to be realistic and to work well, but you didn't mention it.

it might be realistic for you to pay when i loose, but it would be impossible to carry out...
i´d have to trust all of you, and i don´t

besides that, the roulette always wins in the end, statistically.
and i don´t care for the winnings, i have all i need. i´ll be happy to deal them out in a game like this.,

i probably will stop selling them at one point. not sure when though, we´ll have to see how it goes.
probably we´ll get a natural point where shares are both sold and bought.
the popularity of the roulette itself may also effect this. if no-one bets, the dividend is low.

@titanic-weebl:
the dividend is the percentage of the roulette winnings of the bank.
your shares go for 130 rupees. please donate them to me.
cap´n zola, please donate your 110 euros to me.

(if a buyer doesn´t pay, the buyers after him will get a refund accordingly, as the price will go down.)

*titanic* · 03-05-2004, 11:57 PM

when do i send you my 130 rupies?

Gnome General · 03-05-2004, 11:58 PM

Quote:

Originally posted by titanic-weebl
thats not what happens with real stocks the companys just dont pay out any divedends

euro tunnel havent payed out in years

Well, you don't get reverse dividends, but if a company loses money, the share price generally goes down. But in this scenario, the price would not necessarily go down if the roulette table loses money, since people would not necessarily sell. By making us pay for losses, people would be more inclined to sell, further driving the price down. I think it would make it more realistic that way.

renatzu · 03-05-2004, 11:59 PM

Hot Piss! I got here early. I'm assuming that the price went up to 70 after titanic-weebl bought, so I'll buy one share. Rupies are on their way.

This is genius, the roulette thread is amazingly popular, and now that I've got a custom title I don't care anymore if I lose all my rupies on a failing investment

03-05-2004, 11:31 PM	#1
PoofBird Flamingo-esque Join Date: Sep 2003 Posts: 4,401	Roulette(TM) stock market Welcome to the Roulette stock market. this is a test thread, which may result in further stock exchanges. kudos to gxfu for the initial idea if this works, someone else may take over and run it. 1. the starting prize is 50 rupees for 1 share 2. whenever a buying transaction is done (the buying of 1 or more shares by one person), the prize will go up with 2,5% per share. when you buy 3 shares, the second will be 2,5% more expansive than the first, the third will be more expensive than the second etc. 2a if a buyer doesn´t pay, other buyers after him will get a refund according to the price change. (ie all shares after the non-payer will be 2,5% cheaper) 3. whenever a selling transaction is done (the selling of 1 or more shares by one person), the prize will go down with 2,5% per share. 4. if you buy or sell multiple shares at once, they no longer go for the same price. Every share after the first will be cost 2,5% less or more than the one before. 5. do not donate money immediately, or expect money to be donated to you instantly. post here what you want to buy or sell, and i will take care of the finances according to the prizes at the moment of your post. this of course, may take some time. 6. Why buy a share? For each share you have, you´ll get a percentage of the profit of the Roulette wheel. The percentage depends on the number of shares sold: 50 shares means 2 percent per share. the percentage will never be more than 5% regardless of the total number of shares. when you have multiple shares yourself, the percentage could be more than 5% 7. also, whenever the bank wins in Roulette, the price of a share will go up 10%. whenever the bank loses, the price of a share will drop 10%. 8. why trade shares? you can make money purely by trading! try to buy shares when they´re cheap, and sell them when they´re expensive! 9. I will regularly post updates here with an overview of who´s got shares, what people who ordered shares must pay, and how much people selling shares will receive. 10. there is no set maximum number of shares. We'll see if we can get a natural max... this will be some work, and all criticisms and ideas are welcome... if this can be incorporated into some bigger stockmarket, i´m all for it ask all questions you may have, and the answers will be edited into this post if relevant. go! current list of share owners cap´n zola 40 shares el_diablo5711 7 shares qwerto 6 shares empty pie dish 5 shares dogincognito 4 shares dr electro 4 shares fat bear 4 shares Moose 4 shares smiley clown 3 share the kenyan 3 shares jaggedG 2 shares lellykelly 2 shares Micky 2 shares patrick moore 2 shares seaempty 2 shares astral 2 shares Abirdinthehand 1 share Angrypaul 1 share blueberrymuffin 1 share cynic 1 share eidderf 1 share keep on rollin' 1 share knehighbob 1 share kudu 1 share mister ben 1 share nicro 1 share snay 1 share sweetfloss 1 share the architect 1 share tusksrus 1 share Weeling bad? 1 share youlikeyams? 1 share latest update: +1 share for the architect total = 108 shares Current price = 217 rupies Current dividend per share = 0,93 __________________ Last edited by PoofBird; 07-07-2004 at 05:53 PM..

03-05-2004, 11:33 PM	#2
jonffm SHUT UP, WESLEY! Join Date: Mar 2004 Location: Poole Posts: 4,905 gXboxLive Leaderboard: 249^th	I'm definatly getting on this bandwaggon 2 shares please. edit: does that mean its 50 for the first one, and 55 for the second? or 100 for both? __________________ Click me for Torres' Top 20 'Pool Goals. STTRRIKKEERR!

03-05-2004, 11:37 PM	#4
jonffm SHUT UP, WESLEY! Join Date: Mar 2004 Location: Poole Posts: 4,905 gXboxLive Leaderboard: 249^th	Right. get ya. donating now __________________ Click me for Torres' Top 20 'Pool Goals. STTRRIKKEERR!

03-05-2004, 11:38 PM	#5
Cap'n Zola Got some pie Join Date: Mar 2004 Location: Pirate Ship... Aberdeen. Posts: 4,413	2 shares before anyone else snaps 'em up! 2 shares would be £115, yeah? What percentage of the profit would share-holders get? EDIT/ Ah, just seen the bit about percentages, I couldn't read it when I was editing.. __________________ Last edited by Cap'n Zola; 03-05-2004 at 11:40 PM..

03-05-2004, 11:41 PM	#6
Gnome General I care less each day Join Date: Mar 2004 Location: Across the pond Posts: 1,174	Gotta buy quick...one share! 60 rupies? Edit: Now that I got my purchase on the record, I can make some comments. Brilliant idea PoofBird! gxfu's stock market didn't really make sense, but since the roulette thread is like a business, there are factors to affect stock price. A suggestion: once a bunch of shares are purchased (100?), assuming that happens, stop selling them. Then, the shareholders can sell their shares to people at whatever the price is at that moment. That would make it like a real stock. __________________ MIA Last edited by Gnome General; 03-05-2004 at 11:47 PM..

03-05-2004, 11:42 PM	#7
PoofBird Flamingo-esque Join Date: Sep 2003 Posts: 4,401	after jonnyffmaster bought, the prize is 55 per share. therefor, Cap´n zola pays 110 rupees for 2 shares currently there are 4 shares sold that means both of you get 10% of the roulette winnings a share can yield a max of 5% edit: gnome general buys one share for 60 rupees and will receive 5% of the winnings current price: 65 rupees __________________ Last edited by PoofBird; 03-05-2004 at 11:44 PM..

03-05-2004, 11:47 PM	#8
titanic LICK ME! Join Date: Oct 2003 Location: B B B Birmingham! Posts: 3,267	i want 2 oh oh pick me pick me will the ammount of shares be capped? what sort of divedend can we expect? __________________ going to try and come back to you

03-05-2004, 11:51 PM	#9
Gnome General I care less each day Join Date: Mar 2004 Location: Across the pond Posts: 1,174	PB, read up if you didn't catch my last edit. I also have a question. If you lose money on the roulette wheel, do we have to pay a percentage of that loss? I would assume so if you want this to be realistic and to work well, but you didn't mention it. __________________ MIA

03-05-2004, 11:53 PM	#10
titanic LICK ME! Join Date: Oct 2003 Location: B B B Birmingham! Posts: 3,267	thats not what happens with real stocks the companys just dont pay out any divedends euro tunnel havent payed out in years __________________ going to try and come back to you

03-05-2004, 11:56 PM	#11
jonffm SHUT UP, WESLEY! Join Date: Mar 2004 Location: Poole Posts: 4,905 gXboxLive Leaderboard: 249^th	Regarding the idea of stock markets The ideas great, and withing the betting area, it would work great if all the thread owners where to work together with the stock market. However, the problem is every other thread. The non-profit threads. What exactly would I gain from buying a share in say..'Pics of you'. Yes, it would mean that I 'own' 5% or whatever the rate is at that moment, but 5% of what? The only way would be to buy a share in the threads owner, and I dont think thats a good idea at all. Basically, I think the stock market would work well in betting threads, but outside non-profit threads might be difficult....though I am getting ideas on how it could, and I mean COULD work..thinks __________________ Click me for Torres' Top 20 'Pool Goals. STTRRIKKEERR!

03-05-2004, 11:57 PM	#13
titanic LICK ME! Join Date: Oct 2003 Location: B B B Birmingham! Posts: 3,267	when do i send you my 130 rupies? __________________ going to try and come back to you

03-05-2004, 11:59 PM	#15
renatzu resistance is futile Join Date: Jan 2004 Location: Wawa Posts: 2,976	Hot Piss! I got here early. I'm assuming that the price went up to 70 after titanic-weebl bought, so I'll buy one share. Rupies are on their way. This is genius, the roulette thread is amazingly popular, and now that I've got a custom title I don't care anymore if I lose all my rupies on a failing investment __________________ uh-huh