2016 Gambling Challenge - Week 1

[Dartgod]

We've all been waiting for it, and here it is. Week 1 of the 2016 NFL season is upon us! We have a game Thursday night, so I'll post the odds for that one now. The rest I will post in a couple of days.

As a reminder, here is a brief rundown of the rules:

• You are given $10,000 to start out and can bet up to $5,000 on any one bet. There is a $500 minimum bet unless you have less than that in which case you would be all in.
• Payouts are at 90% unless otherwise stated. –170 would mean you have to bet $170 to win $100. +250 would mean you would get a $250 payout on every $100 bet.
• You must bet at least once every 3 weeks or you are eliminated. If you cannot commit to participating at least this much please let us know now so somebody else can take your place.
  • You must place a wager in the first two weeks of the season, or your spot in the competition will be given to someone on the waiting list. This is ONLY for the beginning of the season. After the first three weeks, inactive spots will not be filled from the waiting list!
• Contingency bets are allowed. If you are using contingency bets, please indicate the order of your bets.
• There are no parlays.
• All bets must be placed before the scheduled opening kickoff of the game.
• I will not allow bets to be changed or cancelled once posted. Be sure that you have the correct bet made before hitting the submit button. After that, your only option is to post an offsetting bet which will cost at a minimum, 10% to the house. Anyone caught editing a bet after posting it will be immediately disqualified!

NEW PLAYERS!! The complete rules list is in this thread. Please read them, or I will make fun of you for asking questions about the rules found in the link.

http://www.chiefsplanet.com/BB/showthread.php?t=168100

Above all else, lets have some fun!

How to read the lines

Sample line

Thu 9/6 New Orleans Saints +6 +223 OVER 52.5
(Date, VISITING TEAM: Point Spread, Money Line, Over/Under)
7:30 PM Indianapolis Colts -6 -243 UNDER 52.5
(Time, HOME TEAM: Point Spread, Money Line, Over/Under)

How to bet the Money Line

Sample line
SAINTS +223
COLTS -243

First off, a money bet is a straight up win/lose bet. No points involved, so of course there are odds payoffs.

If you want to bet on the Saints, you will win $223 for every $100 that you bet. Conversely, for the Colts, you will win $100 for every $243 that you bet.

In other words, the team with the - money line is the favorite (therefore lower payout) and the team with the + is the under dog.

Placing Bets

PLEASE, format your bets like this:

Colts (-6) $5000
Chiefs (+142 money) $1000
Chiefs/Texans (Under 38) $2000


This year's field

ArrowheadHawk
ArrowheadMagic
Banyon
bevischief
BigRedChief
bkkcoh
Bowser
Bwana
cosmo20002
crazycoffey
DaKCMan AP
Dartgod
Dave Lane
Discuss Thrower
Earthling
East Side Rogelio
Ebolapox
epitome1170
FD
Halfcan
Hamwallet
HemiEd
Hoover
Iowanian
JASONSAUTO
Jerok
Jewish Rabbi
KChiefs1
KCCHIEFS27
kccrow
KCFalcon59
Kcwolf
kstater
L.A. Chieffan
mnchiefsguy
MOHillbilly
morphius
Mr. Flopnuts
mr. tegu
Nzoner
oldandslow
OmahaChief
OnTheWarpath58
Otter
Pestilence
Pointer19
Rausch
raybec
Renegade
Scorp
shitgoose
Slammer
RealSNR
Spchief
Stinger
Stumppy
Sully
theelusiveeightrop
TimBone
UTChief

Week 1 NFL Lines

7:30 PM Carolina Panthers -3 -170 Over 41.5
Thu 9/8 Denver Broncos +3 +150 Under 41.5

12:00 PM Tampa Bay Buccaneers +2½ +115 Over 47½
Sun 9/11 Atlanta Falcons -2½ -135 Under 47½

12:00 PM Minnesota Vikings -2½ -138 Over 40½
Sun 9/11 Tennessee Titans +2½ +118 Under 40½

12:00 PM Cleveland Browns +3½ +155 Over 41
Sun 9/11 Philadelphia Eagles -3½ -175 Under 41

12:00 PM Cincinnati Bengals -2½ -135 Over 41½
Sun 9/11 New York Jets +2½ +115 Under 41½

12:00 PM Oakland Raiders +1½ +105 Over 52
Sun 9/11 New Orleans Saints -1½ -125 Under 52

12:00 PM San Diego Chargers +6 +225 Over 44½
Sun 9/11 Kansas City Chiefs -6 -265 Under 44½

12:00 PM Buffalo Bills +3 +155 Over 44½
Sun 9/11 Baltimore Ravens -3 -175 Under 44½

12:00 PM Chicago Bears +6 +205 Over 44
Sun 9/11 Houston Texans -6 -245 Under 44

12:00 PM Green Bay Packers -4½ -220 Over 48
Sun 9/11 Jacksonville Jaguars +4½ +190 Under 48

3:05 PM Miami Dolphins +10 +390 Over 44½
Sun 9/11 Seattle Seahawks -10 -465 Under 44½

3:25 PM New York Giants +1 +102 Over 46
Sun 9/11 Dallas Cowboys -1 -118 Under 46

3:25 PM Detroit Lions +3 +145 Over 51
Sun 9/11 Indianapolis Colts -3 -165 Under 51

7:30 PM New England Patriots +7 +250 Over 45½
Sun 9/11 Arizona Cardinals -7 -300 Under 45½

6:10 PM Pittsburgh Steelers -3 -155 Over 50
Mon 9/12 Washington Redskins +3 +135 Under 50

9:20 PM Los Angeles Rams -2½ -135 Over 42½
Mon 9/12 San Francisco 49ers +2½ +115 Under 42½

GOOD LUCK!

[Bowser]

Originally Posted by Rausch

Usually you only need to tread water for the first 4 or 5 weeks. By then 1/3rd of the group has gone bust...

I (typically) resemble that remark. I should have bet big on the Steelers instead of the Redskins, though. I knew better, but figured opening night at home on Monday night.....

[Earthling]

I bet big on Seattle to win money line and thought Miami was going to take that one during the game. Hard to tell whats going to happen in week one.

[raybec 4]

Originally Posted by Pointer19

I need to keep this in mind. I've been trying the "bet big, win big" technique.

You do you man, don't let anybody else dictate your betting strategy

[Dartgod]

Originally Posted by Earthling

Seattle (-465 money) $8000

Max bet is $5,000.

[Dartgod]

Originally Posted by Nzoner

Dude the internet is your friend,not trying to be a dick here but there are numerous videos etc. out there that will explain sports betting I think you should go explore and get educated.

It's all good. I'd rather he ask questions than make a mistake in his bets because he didn't understand.

[Dartgod]

Originally Posted by HemiEd

Redskins (+3) $500 oops, just noticed that is out east and may be too late

Yep, scheduled kickoff was 6:10 PM. Just a few minutes late.

[Dartgod]

Updated Standings. Please check your balance and let me know if something does not look right. I have and will make mistakes.

FD $20,660
Bowser $19,250
Iowanian $16,987
theelusiveeightrop $16,000
Slammer $15,400
Nzoner $13,937
Dave Lane $12,932
Dartgod $12,050
ArrowheadMagic $12,000
RealSNR $11,800
kccrow $11,750
Banyon $11,600
Pointer19 $11,387
KChiefs1 $11,350
bkkcoh $10,710
Earthling $10,510
morphius $10,450
bevischief $10,377
Rausch $10,300
BigRedChief $10,000
cosmo20002 $10,000
Discuss Thrower $10,000
East Side Rogelio $10,000
epitome1170 $10,000
Halfcan $10,000
HemiEd $10,000
L.A. Chieffan $10,000
OmahaChief $10,000
OnTheWarpath58 $10,000
Otter $10,000
Renegade $10,000
Spchief $10,000
TimBone $10,000
Bwana $9,950
Hamwallet $9,950
Sully $9,800
Jerok $9,500
MOHillbilly $9,500
UTChief $9,500
raybec $9,470
ArrowheadHawk $9,000
crazycoffey $9,000
JASONSAUTO $9,000
Jewish Rabbi $9,000
KCFalcon59 $9,000
mr. tegu $9,000
Pestilence $9,000
Stinger $8,800
Stumppy $8,800
oldandslow $8,300
Kcwolf $8,000
mnchiefsguy $8,000
Hoover $7,900
KCCHIEFS27 $7,800
kstater $7,500
Mr. Flopnuts $5,000
shitgoose $5,000
DaKCMan AP $0
Ebolapox $0
Scorp $0