Ing The Puny
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 FGBO-approved Betting: Round of 16
« on: Feb 17th, 2005, 2:11am »
Bets now being taken for the Round of 16, by an approved Bookie from the Ferengi Guild of Bookies and Oddsmakers. All bets will be made in slips of latinum (conversion to strips, bars, and bricks will be avoided for ease of comutation).
Everyone starts with 500 slips.
The rules:
10% of any bet placed goes to the house as a betting fee ("the juice"). All bets should be placed in multiples of 10 slips of latinum so that this works out to an even number of strips.
Bets on a match pay match odds. So if fighters A is favored over fighter B by 3:1 odds, a bet placed on A pays 1 slip for every 3 slips bet, and a bet placed on B pays 3 slips for every slip bet.
So placing 100 slips on A would mean that if A wins, you get 120 slips back. (100 slips - 10 slip fee is 90 slips wagered, 1/3 of 90 is 30, so you get 90 + 30 = 120 slips). Placing 100 slips on B means that if B wins, you get 360 slips back. (100 slips - 10 slip fee = 90 slips, 3*90 = 270, so you get 90 + 270 = 360 slips back).
You can bet on a given match, or you can bet on a given fighter to win the entire tournament.
Odds are posted below. Any bet placed will be given the odds posted at the time the bet was placed. If odds change, it will be noted and will only affect bets placed after the odds change is posted.
ta'pez 4:1 favorite over Jack "Duke" Green
Wolfe 2:1 favorite over Davidian
Q'olavraH 15:1 favorite over Talora (no bets will be taken on Q'ol, as the winnings would not cover the fee).
Kieran O'Donnel 3:2 favorite over Charlie Reynolds
K'tar 4:1 favorite over K'Vok
Kira Naul Gordon 1:1 against Jason Pepper
Tank Chandler 5:2 favorite over T'Lai
James Tal'Vur 5:1 favorite over AJ Bernard.
Bets to win the tournament (these odds will change after this round):
ta'pez pays 2:1
Q'olavraH pays 3:1
K'Tar pays 12:1
Kira Naul Gordon pays 20:1
Jack "Duke" Green pays 25:1
Adm Wolfe pays 25:1
Jason Pepper pays 30:1
James Tal'Vur pays 35:1
Kieran O'Donnel pays 40:1
Tank Chandler pays 40:1
Charlie Reynolds pays 50:1
K'Vok pays 50:1
Davidian pays 100:1
T'Lai pays 100:1
Talora pays 200:1
AJ Bernard pays 200:1
Future match betting:
You can bet on matches in future rounds. Note that these bets are placed both on the listed matchup happening, and the given fighter winning - if one of the fighters fails to advance to that round, you lose the bet.
ta'pez over Q'olavraH (Round of 4): pays 4:3
Q'olavraH over ta'pez (Round of 4): pays 3:2
ta'pez over K'Tar (championship): pays 4:1
K'Tar over Ta'pez (championship): pays 20:1
Q'olavraH over K'Tar (championship): pays 5:1
K'Tar over Q'olavraH (championship): pays 25:1
Talora over AJ Bernard (championship): pays 3500:1
AJ Bernard over Talora (championship): pays 3000:1
LATEST UPDATE:
Kieran O'Donnell over Ta'pez (Round of 4) 40:1
Ta'pez over Kieran O'Donnell (Round of 4) 5:1
Kieran O'Donnell over K'Tar (championship) 120:1
K'Tar over Kieran O'Donnell (championship) 40:1
If anyone desires to bet on other potential matchs, let me know and I will post odds.
Note that these odds are only good if bets are placed before the fights of the Round of 16 begin. Once the ROund of 16 has started, no more bets may be placed.
Judges and members of the FGBO may not place bets. Fighters may not bet on their own matches, nor for themselves to win the tournament.
I'm happy to take bets either in replies to this thread, or via PM.
All fractional amounts of latinum slips shall be rounded in favor of the house to the nearest whole slip.
(As a footnote, I didn't make up the "juice" part of it - that's what actual Vegas bookies use, although the amount may differ from the 10% used here.)
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FGBO-approved Betting: Round of 16 (Read 1975 times)
