[quote=@Vordak]
I'm totally against betting points. The ranks are supposed to show the participants' skill in textual combat, which includes a variety of things - from knowledge of combat to analysis of your opponents strategy to forming one of your own - and allowing to bet points will skew the results, as a lucky bet based on simply the reputation of a fighter, and not an independent evaluation of their skill, could bring one higher up into the ranks than they have earned.

Betting anything else? Fine by me, that could actually be pretty fun.
[/quote]

Unless another point system solely for betting is introduced, which doesn't impact the ranking system in any way.

Points for fights, and points for betting. One to show how skilled one is, the other to show how lucky or unlucky one is.