Board 8 > ~Character Battle X Spread Betting~ Day 9 feat. Squall (-54) and Zelda (-34)

(+) 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
(1) Squall Leonhart (-54) vs (16) Hat Kid (Squall over Hat Kid with 77%)
(8) Garrus Vakarian (-12) vs (9) Ramza Beoulve (Garrus over Ramza with 56%)
(5) Metal Sonic vs (12) The Boss (-20) (The Boss over Metal Sonic with 60%)
(4) Zelda (-34) vs (13)Ezio Auditore da Firenze (Zelda over Ezio with 67%)
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1000 on parlay of Hat Kid, Ramza, Metal Sonic, and Zelda
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$1000 2 way parlay on Squall and Garrus

$1000 on Zelda

Yeah, I'm very cautious about this set.
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20% parlay on Zelda and Ramza....for now.
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MAX on Zelda
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How much money/debt do I have at this point?
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If Chris Redfield covers the spread

MAX on Zelda

otherwise

MAX on 3-match parlay Ramza, The Boss, and Zelda
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MAX on Ramza.



BELIEVE in FF TACTICS. I would bet my own house if I could on that line
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If my bank is nonzero after todays match:

$500 on Zelda
$500 on Squall

Else:

$1,000 {4match parlay: Squall, Garrus, Metal Sonic, Zelda}
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LEADERBOARD

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

Squirrel is pulling away from the pack with some ballsy bets!

I have to go to work now so I will enter the pending bets when I get home. Sorry for the delay!
You can always check your current bet in the previous topic
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Wow, I didn't realize I was slaying this to such a degree. I can go a little bit ballsier than single thousands.

$5000 2 way parlay on Squall and Garrus

$10,000 on Zelda
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Let's actually do this correctly:

If my bank is non-zero after today's matches (the set including Phoenix), $50,000 on a single-match bet on Zelda.

Otherwise, MAX on a 2-way parlay on Hat Kid and Zelda.

MAX on Zelda
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MAX on Zelda
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500 parlay on Garrus, Metal Sonic

3 match parlay. Max on Squall Leonhart, Ramza Beoulve and Ezio Auditore da Firenze
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If I win today's bet:

40% on Hat Kid and The Boss, parlay.

If I lose today's bet:

50% on The Boss.

As the host I'm pretty proud of the spreads today! Phoenix and Ike are right around the line

As a player though it's stressing me out >_> especially since I'll be asleep for the last 8 or so hours of the match
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MAX on a Metal Sonic/Ramza Parlay

Ok CHANGE

Regardless of the result of today's bet.

HALF on The Boss and Hat Kid

parlay /\

25% on Hat Kid
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Max parlay, Ramza and Metal Sonic.
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I'm gonna sink deeper into debt because of Phoenix.

Can't Board 8's darling hold his strength just this one time?

$3000 on Squall/Garrus/Zelda parlay
$1000 on Metal Sonic
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Wow I missed a day of betting? Let me play it safe with, uh...

MAX on Zelda
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If my bank is nonzero after today:

HALF on Metal Sonic/Zelda parlay

Else:
MAX on Metal Sonic/Zelda parlay.
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MZero causing me stress over Phoenix and Ike lol

Assuming I am broke after today (ffs Phoenix just needs .26% more and Ike .08% more to round to their % to cover)

$1000 4-match parlay on Hat Kid, Ramza (who is Garrus???), Metal Sonic, and Zelda

Joel needs to give it up already. Bloody hell
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Quarter on (1) Squall Leonhart (-54)
Quarter on (8) Garrus Vakarian (-12)
Quarter on (12) The Boss (-20)
Quarter on (4) Zelda (-34)
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MAX on Zelda
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1000 2-Match Parlay

Garrus
Zelda

Change:

25% on Squall and Zelda Parlay
25% on Metal Sonic

Math question: If the former doesn't work, but the latter pans out, it nets to 0, correct? Because both bets are based on my total before any of the matches begin, right?

Edit: Also, if the former pans out but not the latter, in that case I would get 75%-25% = 50%, correct?
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*sigh*

1000 on Zelda x Metal Sonic x Squall

MAX on Zelda
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lets do it, i'm tired of holding onto money

MAX 4 way parlay on Squall, Garrus, The Boss, Ezio
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Change:

30% on Hat Kid, Zelda parlay
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quarter parlay on Squall, Zelda
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MAX 2 way parlay on Metal Sonic, Zelda
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MAX parlay on Squall, Garrus, and Zelda
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Wow Dante you literally maxed out on the exact opposite of my bet. You're DOOMED.
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HEH
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$1,000 on Zelda

$10,000 parlay on Metal Sonic and Zelda
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max on Squall and Garrus
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Nah. I'mma go with separate bets.

$10,000 on Metal Sonic
$10,000 on Zelda
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(parlay that is)
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max parlay on The Boss and Zelda

oops
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X_Dante_X posted...

oops

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