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Topic~Character Battle X Spread Betting~ Day 1 feat. Dante (-52), Ganondorf (-55)
MZero11
10/17/18 2:07:31 PM
#1:


Welcome to Spread Betting 2018! You can signup now or anytime during the contest. Regardless, you will be given $1000 to bet on matches as you see fit. If at any time you fall below $1000, you can bet up to $1000 but beware you can enter the negatives. The user with the most money at the end will be crowned the winner and receive a game of their choice (within reason) courtesy of your host (unless I win, then the prize will go to the runner-up).

WHAT IS SPREAD BETTING?
Basically this works like sports betting with spreads, if you're familiar with that. Here's an example line:

Dante (-40) vs Cuphead (Dante over Cuphead with 70%)

If you bet on Dante, he would have to beat Cuphead by 40%, meaning he'd have to get at least 70% of the vote (70-30 = 40). If you bet on Cuphead (+40) he needs to score at least 30.01% of the vote (69.99 - 30.01 = 39.98) to keep the difference in percentage, or spread, within 40.

PARLAYS
New for this contest is 4-match days, so I am introducing a parlays! For those unfamiliar, you can earn more by combining your bets, but if even just one is wrong you lose the whole thing. The parlay odds are:

2-Match Parlay: 3 to 1 ($100 bet = $300 profit)
3-Match Parlay: 7 to 1 ($100 bet = $700 profit)
4-Match Parlay: 15 to 1 ($100 bet = $1500 profit)

RULES
-Newcomers start with $1000
-You can choose any combination of parlays and single bets you want
-I will accept "if" bets (If Dante covers, $1000 on Vivi. If not, $500 on Vivi, etc.) in case the match is close. This only applies for bets made on the next days matches
-If you fall below $1000, you can bet up to $1000. However, if you lose it will go into your debt which will be subtracted from your total at the end.
-Betting closes as soon as the matches start
-Please label your bets (Single Bet, Two-Match Parlay, etc.)
-Don't be a jerk
-Feel free to ask any questions!

Today's Matches
(1) Dante (-52) vs (16) Cuphead (Dante over Cuphead with 76%)
(8) Chloe Price vs (9) Lightning (-26) (Lightning over Chloe with 63%)
(5) Chun-Li (-16) vs (12) Spyro the Dragon (Chun-Li over Spyro with 58%)
(4) Ganondorf (-55) vs (13) Neku Sakuraba (Ganondorf over Neku with 77.5%)
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MZero, to the extreme
"2017 Guru champ BKSheikah is racist against cute Pokemon." - Luster
... Copied to Clipboard!
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