Board 8 > ~Character Battle X Spread Betting~ Legends Day 3: feat. Snake (-8), Sonic (-14)

(+) 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). 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) Solid Snake (-8) vs. (4) Zelda (Snake over Zelda with 54%)
(6) Sonic the Hedgehog (-14) vs (3) Auron (Sonic over Auron with 57%)
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Let's throw more digital money down the drain!

MAX on a single-match bet on Solid Snake.

LEADERBOARD

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

You're not alone, Metalmind! Only 3 bettors won money on yesterdays mach, while 17 lost. Congrats to squexa, trogita, and theawesomestevr for being the only winners yesterday!

Some huge bets by a few of our leaders led to $706,566.05 being lost on the Blue Bomber. Ouch

Only two bets were placed on Pikachu, one of which was in a parlay with Link and thus failed anyway
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MZero11 posted...

Only two bets were placed on Pikachu, one of which was in a parlay with Link and thus failed anyway

The second dummy is yours truly.
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Too bad my boy Cloud will take me back to 0 tonight.
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Pfahahahaha

I forget to check for spread betting before the matches start up again and everyone blows up so badly I'm in the line again. I'll take it!
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Two match parlay

(3) Solid Snake (-8)
(6) Sonic the Hedgehog (-14)

MAX
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MAX parlay on Zelda and Sonic
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MAX on Zelda/Sonic parlay.

Don't think Zelda will win outright, but I wouldn't even completely rule that out. 46% should be no problem for her.
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Max on Zelda and Sonic parlay
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Max Zelda.
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Hoo boy....

10% on Zelda
10% on Sonic
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MAX Parlay on Zelda/Sonic

AxemRedRanger posted...

Pfahahahaha

I forget to check for spread betting before the matches start up again and everyone blows up so badly I'm in the line again. I'll take it!

I'm just laughing at how I could have just stopped after Round 1 and easily won this by a country mile.
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max parlay on zelda and sonic
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max parlay snake and auron
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MAX on Zelda and Sonic
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^parlay of course
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MAX parlay on Zelda and Sonic
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Quarter on (3) Solid Snake (-8)
Quarter on (3) Auron (+14)
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Half parlay on Zelda and Sonic
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change: max parlay zelda and auron
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MAX Parlay

Zelda
Sonic

MAX on Snake

MAX Snake AND Sonic PARLAY
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HALF on Sonic.
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$100,000 on Sonic
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$10,000 on Zelda