Well, I liked it
It is not that hard to beat, i just wish that I could save and that it went beyond the second tournament. There were some bugs, but it wasn't too bad. Just fix your site, you could have made $5 off of me. Or maybe you have but i still don't get to play the full version.
Anyway, All you need to do to beat it is:
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First load a lot of your points into charisma (with a couple in def and maybe 1 in vitality). Taunt goes through armor and directly damages life, so in all of the duels where you only need to draw first blood, you can ignore the armor of the opponent and just taunt them a few times until you do damage. You can also use the 'gain crowd appreciaton' skill to get more money. In the first tournament, just taunt your opponents to death. Just make sure you have some agility so that you can jump away when he gets close, and some stamina. it can be tedius, but you do 35 damage per taunt on most people, so as long as they don't have really high charisma. I would not recomend putting any points into magicka in the demo, as you don't get good spells early on.
After the first tourny, start building up strength and attack, plus keep adding some to defence and a few to vitality. But mainly strength and attack. Get a 2nd level weapon, probably an axe and enchant it. You can use the same tactic as earlier to win the duels, just check the stats of the opponent to make sure he has low charisma. Since it takes more battles to lvl up now, you will get a lot of gold, which you can use to buy really good armor. You will also learn the psyche up spin attack, which does heavy damage and, more importantly, ignores armor just as the taunt does. Use the psyche up skill in the' second tournament a lot. Defense is important here because if you are damaged or pushed while psyching up, you must go back to step 1. Learn to judge how close you can be and still hit people with the attack.
Also, always have good armor, especially good shoes and shingaurds.
Yeah thats my guide.