Board 8 > ~Character Battle X Spread Betting~ Day 4 feat. Yoshi (-55), Kratos (-30)

(+) Yeah! (+)

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
-You can bet up to your total current bank (or up to $1000 if you are under $1000) each day (not each match) minus outstanding bets for ongoing matches. This means one MAX bet per day.
-Newcomers start with $1000
-You can choose any combination of parlays and single bets you want. However, you can only bet on each match once, either as a single bet or as part of a parlay
-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 bet MAX, the bet will be calculated based on the results of the previous days matches. For example, if youre at $0 with $1000 riding on a 3-match parlay, your MAX bet will be $8000 if the bet is successful and $1000 if its not.
-If you fall below $1000, you can bet up to $1000 for the day. 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
(3) Yoshi (-55) vs (14) Shantae (Yoshi over Shantae with 77.5%)
(6) Velvet Crowe (-5) vs (11) James Sunderland (Velvet over James with 52.5%)
(7) Pikachu (-26) vs (10) Scorpion (Pikachu over Scorpion with 63%)
(2) Kratos (-30) vs (15) John Marston (Kratos over Marston with 65%)
---

50% on Yoshi
---

$1,000 {3match parlay; Shantae, Scorpion, Marston}
---

25% on a 4-match parlay on Yoshi, Velvet, Pikachu, and Kratos.
---

4-match parlay: MAX on Shantae, Velvet, Pikachu, Marston
---

500 parlay on James (+5), Scorpion (+26)

MAX on Velvet.

LEADERBOARD

https://docs.google.com/spreadsheets/d/1KN8zlFAZb-VzLCLZfynjaVN3epi7bE88g85LfL8MG8g/edit?usp=sharing

Should be up to date. Please check for any errors (I do this pretty early in the morning so it's definitely possible!)
---

1000 on Yoshi/Pikachu parlay

Just keep digging a bigger and bigger debt hole
---

haloiscoolisbak posted...

50% on Yoshi

I assume deleting posts is a no-no. So I'd like to change this to 30% on Yoshi. Bit less confident
---

Okay, time to try and take this more seriously (but that might not help)....

2-match parlay on Yoshi (-55) and Marston (+30)
---

Oh whoops. I forgot to bet the amount. >_>

2-match parlay and Yoshi and Marston for $1000!
---

4 Match Parlay on Yoshi, Velvet, Scorpion, and Kratos
---

Errr

$1000 on 4 Match Parlay on Yoshi, Velvet, Scorpion, and Kratos
---

MAX on Velvet
---

$4000 on Yoshi / Velvet / Pikachu parlay
---

MAX on Velvet Crowe
---

MAX on Velvet
---

Quarter on (3) Yoshi (-55)
Quarter on (11) James Sunderland (+5)
Quarter on (10) Scorpion (+26)
Quarter on (15) John Marston (+30)
---

I was seriously on the verge of betting max on Primrose today. Got scared at the last minute and now I'm losing money on Monika instead.

Gotta think about the new round later, I'll be back.
---

MAX on Shantae/Pikachu parlay
---

MAX parlay on Yoshi, Velvet, Pikachu, Kratos

MAX on Velvet, Scorpion parlay
---

MAX on Kratos and Velvet
---

1000 2-Match Parlay

Yoshi
Pikachu

Parlay

Max on yoshi, velvet and pikachu
---

MAX on Kratos (-30)
---

Just to see if I get it right. Spreadsheet says I have 0 on bank and 1000 in debt.

Iirc I lost 1000 on day 1, which should have let me at 0. Then on day 2 I made two $500 bets, and won one, so I should still be at 0. So why do I have debt at all?

MAX on Velvet and Pikachu

Anyway

HALF on Velvet
HALF on Scorpion

MAX on Velvet and Pikachu
---

MAX on Yoshi/Pikachu/Kratos
---

MAX parlay on Yoshi/Kratos
---

MAX 4 bet parlay on shantae, velvet, pikachu, kratos
---

Assuming the spreadsheet is correct and I have $4000 with nothing tied up in bets:

$1000 on Yoshi
$1000 on Velvet
$1000 on Pikachu
$1000 on Kratos
---

hmm don't feel all that confident in any of these

$1000 on Velvet
---

Xuxon posted...

hmm don't feel all that confident in any of these

Glad I'm not the only one.
---

1000 on James
1000 on Scorpion

MAX on Velvet
---

$250 on Yoshi
$300 on Velvet
$250 on Scorpion
$250 on John Marston
---

I literally have no idea how to bet. Great work MZero

I'll take a bit of a risk and go

$2,000 2- match parlay on Shantae and Velvet.

$200 on Velvet
$200 on Yoshi
---

MAX on John Marston

$500 on Shantae
$500 on Velvet
$500 on Scorpion
---

Let's go $1000 for a 2-match parlay on Shantae and Velvet...

Gonna be close on Shantae though... I think Yoshi will hit 77% but not 78%

Yeah, I'm worried about the same thing, but can't decide whether to back off Shantae. >_>

$500 parlay on Kratos and Velvet
---

ZeldaTPLink posted...

Just to see if I get it right. Spreadsheet says I have 0 on bank and 1000 in debt.

Iirc I lost 1000 on day 1, which should have let me at 0. Then on day 2 I made two $500 bets, and won one, so I should still be at 0. So why do I have debt at all?

You're right, just an error. I will fix it!

New topic coming soon!
---