Wednesday, October 28, 2020

[Mod Post] Introducing Reddit Predictions!

Hello!

/r/cricket has been invited to alpha test a new reddit feature called Predictions!

Predictions allows users to participate in polls and bet reddit coins on the outcome. All coins are then distributed proportionally among all the winners when the poll closes! In short, predictions gives you the opportunity to put your money where your mouth is and put a stake on your claim.

The IPL is a very nice testing ground for this feature and we'll start by creating a couple of predictions for each game, about ~10 hours before each game starts. The polls will close before the start of the game. For now we'll keep this introduction post stickied and keep updating the text here with the latest predictions so you can find it and show your chops.

Now, because this is in alpha testing there are some restrictions that have been placed on the feature. Currently, only mods can create predictions. But that shouldn't deter you! If you think you have a nice idea for a prediction post let us know in the comments and if it's popular enough we will post it!

FAQs:

  • This sounds like gambling and is illegal in my community/state/country.
    • We did bring this up with the admins and they reckon because there is no way to convert reddit coins back to usable currency, it doesn't count as gambling.
  • Is there a maximum number of coins I can bet on each prediction?
    • It is currently capped out at 100 reddit coins per prediction which comes out to ~35 US cents.

Active Predictions:

submitted by /u/rreyv
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