Today, we’ll be teaching you everything you need to know about giving your viewers the ability to wager loyalty points using Streamlabs Cloudbot.
Betting allows your viewers to gamble their loyalty points based on the outcome of events.
What is Betting?
Betting allows your viewers to wager their loyalty points against other viewers. For example, viewers could wager points depending on the number of attempts it takes you to defeat a strong enemy in Dark Souls. Viewers can activate this function by using the command
!Bet <option> <value>.
How do I create a Bet?
You can do this by clicking on the
Add Betting Profile button. This will open up the following modal:
Title:Determines what the bet is for. Once you have decided on that, you can create custom options and the corresponding command so your viewers can choose.
Once you’re done with the basics let’s move to the
Advanced section which has some extra settings that are not available in the poll system.
Automated countdown timer: Will close the poll for you when it runs out. In case you want your viewers to be notified when they’ve entered successfully you can enable
Send Chat Notification.
Minimum and maximum: Determines the minimum and maximum loyalty points that a user can spend on a single option.
Reward multiplier:Multiplies the final reward by the value put in this field.
Once done configuring click “Done” and your profile will appear in the list below. Because we use profiles you are able to re-use them without having to create one each time.
Start Bet to begin the betting process and launch the following screen where you can track the progress:
From this point on the bot will let your viewers know through chat that the bet has started and how they can places bets by using
!bet <option> <amount>.
How do points get distributed?
Points get distributed through a pot system, meaning loyalty points you earn them are taken away from others that bet on the wrong option.
Here is an example:
There are two options: A & B
Let’s say everyone bets on A and nobody bets on B. If A wins then viewers would be refunded their points because B didn’t have any loyalty points invested into.
Now if A has 500 loyalty and B has 1000 and A wins then the 1000 that was bet on B would be distributed between the users that bet on A and multiplied using the
This way loyalty points won’t get inflated too much unless your multiplier is set too high.
What are Betting Settings?
To access these settings click on the
Settings tab where you will see that these settings are pretty much identical to the Poll Settings except they only affect the betting system. As above you can enable an automated chat message to remind users on how to vote and what the options are.
You are also able to adjust all the messages to your liking :)