Designing a game #2: Metagambling

The Strategic Quiz is not as good as it could be.
It's a little nasty; becomes about bringing someone down.
So here's an untested suggestion for improvement:

• place bets on the person likely to give the correct answer (points added if you were right; points deducted if not)
• more points for correct answer
  
• one point against everyone who answers incorrectly

(these notes were scribbled by my father last night and I can't make them out...)