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02-10-2015, 12:53 PM | Topic Starter |
a haw haw haw
Join Date: Jan 2004
Location: MIZZOU
Casino cash: $26365802
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March Madne$$ Pot
Never shared this here before but seeing that some of of us are degenerate gamblers here's a game some friends of mine host each year if you're possibly interested in starting one.
64 owners @ $100 per entry Put all team names in a cap,bowl etc. for drawing and all owners names in another,yes someone will get the play-in-games but announce as such as drawing should take place the Monday before the tourney and contest starts on Thursday.Draw one owner name and then one team. Contest is based on point spread,they use the closing line on scoresandodds.com.If say is favored by 7 that owner must cover (win by 8 or more) to move on.A push (exactly 7 or not covering) means the owner of the underdog now owns and moves on.An outright upset of course and the underdog moves on as well. Payouts are as follows 1st=$2500 2nd=$1000 3-4=$575 5-8=$250 9-16=$50 17-64=thanks for playing. Based on this formula there will be $350 left that goes to the person running the event. |
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02-10-2015, 01:29 PM | #2 |
Banned
Join Date: Jan 2006
Location: Dallas, Texas
Casino cash: $10004900
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I never understood why people running the event take a cut. I don't do those pools, ever.
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02-10-2015, 01:30 PM | #3 |
"You like to drink?"
Join Date: Jun 2006
Location: "I like to drink."
Casino cash: $2866869
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Because **** you, that's why they take a cut.
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02-10-2015, 01:45 PM | #4 |
a haw haw haw
Join Date: Jan 2004
Location: MIZZOU
Casino cash: $26365802
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My friends that host this one set up a bracket via e-mail and have to check the closing lines etc. so I don't have a problem with it.$350 may be a little much but wth at least someone is willing to do it.
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02-10-2015, 01:45 PM | #5 |
Arrowhead Trail of Tears
Join Date: Oct 2012
Location: KansasCity
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Dibs on Kentucky
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02-10-2015, 01:46 PM | #6 |
a haw haw haw
Join Date: Jan 2004
Location: MIZZOU
Casino cash: $26365802
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That's the one great thing about this game if Kentucky is a 20 point favorite and they win by say 19,the underdog takes ownership.
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Therefore, if anyone is in Christ, he is a new creation; old things have passed away; behold, all things have become new. |
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02-10-2015, 01:48 PM | #7 |
Scarlett Johansson's boytoy
Join Date: Nov 2006
Casino cash: $9555998
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hehe, I help a buddy manage one he runs for charity, though you bid on teams. Last year the pot was $46k.
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02-10-2015, 01:54 PM | #8 |
a haw haw haw
Join Date: Jan 2004
Location: MIZZOU
Casino cash: $26365802
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Interesting,I have a board meeting tonight for my local charity.Do you know how much the winnings vs. charity donation is?
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Therefore, if anyone is in Christ, he is a new creation; old things have passed away; behold, all things have become new. |
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02-10-2015, 02:07 PM | #9 | |
Scarlett Johansson's boytoy
Join Date: Nov 2006
Casino cash: $9555998
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Quote:
Last year IIRC Kentucky went for 5k
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02-10-2015, 02:03 PM | #10 |
MVP
Join Date: Aug 2011
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I will do the same thing but for half the cut.
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02-10-2015, 02:08 PM | #11 |
Scarlett Johansson's boytoy
Join Date: Nov 2006
Casino cash: $9555998
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I can email you the spreadsheet from 2013 if you want it. It was a lot smaller then, but we use the same format.
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02-10-2015, 02:10 PM | #12 |
a haw haw haw
Join Date: Jan 2004
Location: MIZZOU
Casino cash: $26365802
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I have my friends spreadsheet I was just curious how much people could win vs how much the charity got.
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Therefore, if anyone is in Christ, he is a new creation; old things have passed away; behold, all things have become new. |
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02-10-2015, 02:47 PM | #13 |
Most Valuable Villain
Join Date: Dec 2006
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So the team you get is random?
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02-10-2015, 02:51 PM | #14 |
a haw haw haw
Join Date: Jan 2004
Location: MIZZOU
Casino cash: $26365802
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Random drawing,last year I got Dayton and rode them to the elite 8 against Florida who was a 10 point favorite,Florida won by exactly 10 and I then got Florida.Ended up getting $575
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Therefore, if anyone is in Christ, he is a new creation; old things have passed away; behold, all things have become new. |
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02-10-2015, 05:09 PM | #15 |
Supporter
Join Date: Aug 2000
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So to be clear, this is random, luck of the draw and you wouldn't have to know much about NCAA BB to have an equal chance as someone who watched 100 games this season?
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