Types of Contests
Guaranteed Tournaments
Guaranteed tournaments are special tournaments where there is an assured prize pool that is announced days, even weeks before the tournament starts. In such tournaments, SportKings does not rely on players to raise the full financial amount necessary to cover the prize pool.Rather, SportKings covers the missing part of the prize pool in case there are not enough participants to fully fund it. As such, these tournaments strongly incentivize players to participate and are also a powerful marketing tool for the SKNG protocol as well.
Classic Bookie Contest
This type of tournament allows users to participate without restrictions on the number of selections, odds or markets. That is, everyone can predict on everything in the included leagues in the tournament before the matches start (prematch) and live when they’ve begun.In this tournament, all participants can make predictions on an unlimited number of matches and markets within the included leagues. What’s more, participants can do all that without any restrictions on their selections or odds.
This means users can freely choose which matches and markets they want to predict on, as long as they do so before the matches have begun (pre-match). This format allows for a more flexible and strategic approach to predicting as users can focus on the matches and markets they feel most confident about.
Additionally, the pre-match aspect of the tournament gives users more time to research and analyze the matches before making their predictions, potentially improving the accuracy of their selections.Overall, this tournament offers an inclusive and exciting opportunity for users to not only showcase their knowledge and skills, but to apply those skills practically and potentially win prizes.
Private Contests
As a community manager or leader, you want to bring your members together and create a fun and engaging experience for them. One way to do this is to organize a social prediction game using SportKings NFTs. These NFTs allow you to keep the tournament private, only available to your community members.
You can choose from a variety of formats, such as a classic bookie contest for the World Cup tournament or other events. Once you announce the competition, provide your members with the NFTs to enter the tournament.
Throughout the tournament, players will earn points based on their predictions and performance. At the end of the tournament, players can exchange their points for prizes that you have announced, such as gift cards or merchandise. It's important to note that the points have no real value outside of the game, and that players are not staking real tokens, only playing for points. This means that there is no gambling involved in the game.
Organizing a social prediction game with SportKings NFTs is a great way to bring your community together and create a fun and engaging experience for them. It's also a great way to reward and recognize the top performers in your community.
High Odds Only
Here players can only play at odds above 5.00 , +400 American , 4/1 UK regardless of whether they are single or multiple ( parlay)
Singles Only
In this rule, players are only allowed to place single bets, meaning they cannot combine multiple bets into one wager. This means that players will have to place individual bets on different matches or events, rather than grouping them together.
Multiple Only
In this Contest, players are only allowed to place combo bets, which are a type of wager where multiple bets are combined into one. For example, a player could place a bet on multiple teams to win their respective matches, and all of those bets would be combined into one combo bet. Additionally, there is a minimum odds requirement for these bets, which means that the combined odds of all the bets in the combo must be above a certain threshold.
Correct Scores Only
Maybe you want to participate in a contest where predictions are made only on Correct Score market? This contest will be just right for you.
In-Play Only
Matches entered into this tournament are live matches only, subject to Classic Bookie rules. So it’s a tournament where only live bets are allowed.
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