Sportdaq
Encyclopedia
Sportdaq is the web-based sister game to the BBC
BBC
The British Broadcasting Corporation is a British public service broadcaster. Its headquarters is at Broadcasting House in the City of Westminster, London. It is the largest broadcaster in the world, with about 23,000 staff...

's Celebdaq
Celebdaq
Celebdaq was an online "celebrity stock exchange" game on the BBC's website. In the past the game had its own television show on BBC Three. The television show was presented by Paddy O'Connell & Libby Potter. Later, the comedian Jenny Eclair was the presenter....

. Sportdaq started during August 2004. Players buy and sell shares
Stock
The capital stock of a business entity represents the original capital paid into or invested in the business by its founders. It serves as a security for the creditors of a business since it cannot be withdrawn to the detriment of the creditors...

 in sport stars using £10,000 of virtual cash that they are given to play with. Each week players of the game are given dividend
Dividend
Dividends are payments made by a corporation to its shareholder members. It is the portion of corporate profits paid out to stockholders. When a corporation earns a profit or surplus, that money can be put to two uses: it can either be re-invested in the business , or it can be distributed to...

s for the shares they own based on how much press coverage the sport stars they hold shares in got that week in a number of London-based daily newspaper sport sections, web sites and BBC Radio Five Live
BBC Radio Five Live
BBC Radio 5 Live is the BBC's national radio service that specialises in live BBC News, phone-ins, and sports commentaries...

 news reports. Additionally, money can be made throughout the week by correctly predicting the outcome of selected sporting events, known as Win Bonuses paid at £1 per share held at the win bonus deadline. Sportdaq and its sister website Celebdaq were both closed on 26 February 2010, as part of a series of cuts to the BBC's online services

Weekly events

Millionaires Day - Saturday : Everyone who has a portfolio
Portfolio (finance)
Portfolio is a financial term denoting a collection of investments held by an investment company, hedge fund, financial institution or individual.-Definition:The term portfolio refers to any collection of financial assets such as stocks, bonds and cash...

 worth over £2 million gets 'kneecapped'. Sport stars are listed and sometimes delisted according to a traders vote.

Top Trader - Tuesday : The person who has made the most profit
Profit (accounting)
In accounting, profit can be considered to be the difference between the purchase price and the costs of bringing to market whatever it is that is accounted as an enterprise in terms of the component costs of delivered goods and/or services and any operating or other expenses.-Definition:There are...

 in percentage terms in accordance with the rules during the last 7 days.

Dividend Thursday: The dividends earned during the previous 2 days are handed out after midnight UK
United Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...

 time.

Kneecapping and status symbols

When a player accumulates over £2 million, all of his or her money and shares are taken away and replaced with a fresh £10,000. This prevents people from controlling the market when they acquire large amounts of cash. As compensation they are given status symbols to replace the number of millions they had.
  • £1 million: fat wad of cash
  • £5 million: sexy car
  • £10 million: luxury yacht
  • £25 million: very big house in the country
  • £50 million: executive jet
  • £100 million: exotic island
  • £500 million: crown of a minor nation state
  • £1 billion: you become Roman Abramovich
    Roman Abramovich
    Roman Arkadyevich Abramovich is a Russian businessman and the main owner of the private investment company Millhouse LLC.In 2003, Abramovich was named Person of the Year by Expert, a Russian business magazine. He shared this title with Mikhail Khodorkovsky...

    (the only difference to Celebdaq with regard to status symbols)


The first player to break the £1 billion mark and win a Roman Abramovich icon did so in February 2007.

External links

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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