Board 8 > ~Character Battle X Spread Betting~ Losers Round 2: Pikachu (-1), Crono (-9)

(+) 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
(7) Pikachu (-1) vs (8) Mega Man (Pikachu over Mega Man with 50.5%)
(5) Crono (-9) vs (4) Bowser (Crono over Bowser with 54.5%)

First 1v1 rematches in contest history, how exciting!
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LEADERBOARD

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

Bad day for bettors. Only two bets on Link (both tied to a Crono parlay) and one bet on Cloud (tied to a Pikachu parlay) means every bet lost yesterday.

Who would think that everyone would fail by underestimating Link and Cloud of all characters!
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MAX on Bowser

I know the right play is a parlay...but I just can't do it.
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was a good choice not to bet that day!

once again my victory is INEVITABLE
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>:(
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Max on mm and crono
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MAX on a single-match bet on Mega Man.

Max parlay on Mega Man and Bowser
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1000 on Pikachu
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Half parlay Mega Man and Crono
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MAX on Bowser
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Max Crono.

I'm not touching the other match, afraid MM could get rallied, but not sure.
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Actually Change.

50% Crono.
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MAX on Mega Man and Bowser parlay
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25% on Mega Man
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Quarter on (8) Mega Man (+1)
Quarter on (4) Bowser (+9)
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MAX on mega man
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15% on Mega Man
20% on Crono


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max on Mega Man

MAX on Pika/Bowser

Forgot to say Parlay so yeah that's a max Parlay on Pika/Bowser

Axem is probably going to win because he has enough of a lead to keep doing these safety bets while we (I) fail to catch up. Soo...

[Max minus 100k] on Mega Man
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