Board 8 > ~Character Battle X Spread Betting~ Legends Round 1: Link (-30), Cloud (-8)

(+) 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) Link (-30) vs (7) Pikachu (Link over Pikachu with 65%)
(4) Cloud Strife (-8) vs (5) Crono (Cloud over Crono with 54%)
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50% Pikachu.
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MAX on a single-match bet on Crono.

Max on Parlay of Pikachu and Crono
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LEADERBOARD

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

feeling better so I updated the leaderboard! hopefully it's all correct, but please check if something looks wrong
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MAX parlay {Pikachu, Cloud}
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MAX parlay on Pikachu and Crono
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Max parlay on Pikachu and Crono
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MAX parlay on Link and Crono
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MAX Parlay Link/Crono

Max on Pikachu
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Tag for later
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Time to lose all my money.
MAX on Pikachu

Half on Pikachu
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20% on Pikachu
25% on Crono
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Quarter on (7) Pikachu (+30)
Quarter on (5) Crono (+8)
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$110,000 on Pikachu
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max parlay on Pikachu & Crono

Max on Pika
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As it stands, everyone is losing!
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It's fluctuating and I did see Link drop below 65 a couple times, but he's slowly gaining so this is probably over.
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