Third Annual BF betleH Tournament - FGBO-approved Betting: Round of 16

Ing The Puny

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FGBO-approved Betting: Round of 16
« on: Feb 17^th, 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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« Last Edit: Feb 17^th, 2005, 11:58pm by Ing The Puny »

Ing The Puny
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Valren Arelwynn, XFY CO YaBB Administrator ahoy hoy Posts: 197 Gender:	Re: FGBO-approved Betting: Round of 16 « Reply #1 on: Feb 17^th, 2005, 5:08pm » I'll bet (as Hask Gheuty, the XFY Dock Master - as Valren would a) not be interested; b) probably be ineligible as host) the following: 50 slips on Davidian 50 slips on K'Tar and 50 slips on K'Tar to win the tourney
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Ing The Puny YaBB Moderator Don't make me go all tribble pointy on your butt! Posts: 91 Gender:	Re: FGBO-approved Betting: Round of 16 « Reply #2 on: Feb 17^th, 2005, 5:39pm » So noted: Hask Gheuty 50 Davidian match at 2:1 (pays 135 after fee) 50 K'Tar match at 1:4 (pays 56 after fee) 50 K'Tar tourney at 12:1 (pays 585 after fee) Remaining balance 350 slips (Note: payouts include repayment of wager, so a 135 payout is a net profit of 85 slips.)
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Ing The Puny YaBB Moderator Don't make me go all tribble pointy on your butt! Posts: 91 Gender:	Re: FGBO-approved Betting: Round of 16 « Reply #3 on: Feb 17^th, 2005, 7:33pm » Just added: future match betting (see odds post at the top of this thread).
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Valren Arelwynn, XFY CO YaBB Administrator ahoy hoy Posts: 197 Gender:	Re: FGBO-approved Betting: Round of 16 « Reply #4 on: Feb 17^th, 2005, 8:06pm » Gheuty will place a further 'upset bet' of Green over Ta'pez at 20 slips.
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Ing The Puny YaBB Moderator Don't make me go all tribble pointy on your butt! Posts: 91 Gender:	Re: FGBO-approved Betting: Round of 16 « Reply #5 on: Feb 17^th, 2005, 8:13pm » Hask Gheuty: 20 Duke Green match at 4:1 (pays 90) Other tickets: Davidian match for 135 K'Tar match for 56 K'Tar tourney for 585 Remainin latinum: 330 slips
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JakeNess YaBB Newbies I love YaBB 1G - SP1! - LOL very egomaniacal text! Posts: 49 Gender:	Re: FGBO-approved Betting: Round of 16 « Reply #6 on: Feb 17^th, 2005, 8:29pm » I'll put 100 slips on Tappy for the round, and 10 slips on Tappy for the game. for now
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Falco_Tauvits Junior Member BlueMan Posts: 95	Re: FGBO-approved Betting: Round of 16 « Reply #7 on: Feb 17^th, 2005, 8:31pm » 100 slips on O'Donnell in the fight against Reynolds. The rest, we'll see.
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Ing The Puny YaBB Moderator Don't make me go all tribble pointy on your butt! Posts: 91 Gender:	Re: FGBO-approved Betting: Round of 16 « Reply #8 on: Feb 17^th, 2005, 8:38pm » Jake Ness: 100 on ta'pez match at 1:4 (pays 112) 10 on ta'pez tourney at 2:1 (pays 27) Remaining latinum: 390 slips Falco Tauvits: 100 on O'Donnell match at 2:3 (pays 150) Remaining latinum: 400 slips
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Falco_Tauvits Junior Member BlueMan Posts: 95	Re: FGBO-approved Betting: Round of 16 « Reply #9 on: Feb 17^th, 2005, 8:40pm » No, wait, you know what? I'm betting all 500 on O'Donnell. And yes, I get to slap him if he loses. I intend to make a satisfying gamble out of this...
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JakeNess YaBB Newbies I love YaBB 1G - SP1! - LOL very egomaniacal text! Posts: 49 Gender:	Re: FGBO-approved Betting: Round of 16 « Reply #10 on: Feb 17^th, 2005, 8:42pm » remaining 390 on O'Donnell
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Ing The Puny YaBB Moderator Don't make me go all tribble pointy on your butt! Posts: 91 Gender:	Re: FGBO-approved Betting: Round of 16 « Reply #11 on: Feb 17^th, 2005, 8:50pm » Falco Tauvits: 500 on O'Donnell match at 2:3 (pays 750) No remaining latinum Jake Ness: 390 on O'Donnell match at 2:3 (pays 585) Other tickets: ta'pez match pays 112 ta'pez tourney pays 27 No remaining latinum The representatives of the FGBO are now rooting for Charlie Reynolds.
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Dan YaBB Newbies A little man in a big world Posts: 45 Gender:	Re: FGBO-approved Betting: Round of 16 « Reply #12 on: Feb 17^th, 2005, 8:50pm » 100 on AJ Bernard to win his next match, and 100 on him winning the tourney. ~Dan
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Ing The Puny YaBB Moderator Don't make me go all tribble pointy on your butt! Posts: 91 Gender:	Re: FGBO-approved Betting: Round of 16 « Reply #13 on: Feb 17^th, 2005, 8:53pm » Dan Taylor: 100 on AJ Bernard match at 5:1 pays 540 100 on AJ Bernard tourney at 200:1 pays 18,090 Remaining latinum: 300 slips
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Falco_Tauvits Junior Member BlueMan Posts: 95	Re: FGBO-approved Betting: Round of 16 « Reply #14 on: Feb 17^th, 2005, 9:20pm » Quote: The representatives of the FGBO are now rooting for Charlie Reynolds. Ness, I think fate's gonna bite us on the ass. O'Donnell, if you don't win, I think the boys might have to come around and break kneecaps.
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Kieran O`Donnell

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Re: FGBO-approved Betting: Round of 16
« Reply #15 on: Feb 17^th, 2005, 11:20pm »

Quote from Falco_Tauvits on Feb 17^th, 2005, 9:20pm:

Ness, I think fate's gonna bite us on the ass. O'Donnell, if you don't win, I think the boys might have to come around and break kneecaps. Wink

Not much pressure there, `eh Tauvits?

I want to make some bets:

50 on Davidian to Win his Match
50 on Ta'pez to Win his Match
50 on K'Tar to Win his Match
50 on Kira Naul Gordon to Win her Match
100 on Q'ol to Win the Tournament

Also, can I get Odds please on Kieran winning the Round of Four over ta'pez and vice-versa? and odds of Kieran winning over K'Tar and vice-versa in the Championship? I'm just curious as to what the odds would be. Thanks.

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K`Hare totlh YaBB Administrator Another keg of Bloodwine is waiting. Posts: 390 Gender:	Re: FGBO-approved Betting: Round of 16 « Reply #16 on: Feb 17^th, 2005, 11:38pm » Ness, don't highjack another thread and I told you what you needed to do to talk to a judge. Send email, send a PM, don't post off topic in other threads. In case that doesn't make sense to the innocent reader, K'Hare has split the off topic comments in question out of the thread - Valren Arelwynn
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Ing The Puny

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Re: FGBO-approved Betting: Round of 16
« Reply #17 on: Feb 17^th, 2005, 11:49pm »

Kieran O'Donnell:
50 on Davidian match at 2:1 pays 135
50 on ta'pez match at 1:4 pays 56
50 on K'Tar match at 1:4 pays 56
50 on Kira Naul Gordon at 1:1 pays 90
100 on Q'olavraH tourney at 3:1 pays 360
Remaining latinum: 200 slips

Odds on the requested matches:
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

These will change once the Round of 16 results are in.

Experienced bettors will note that the odds of O'Donnell over Ta'pez and the odds of K'Tar over O'Donnell are the same. This is because chances are, if O'Donnell makes it to fight K'Tar, he beat someone other than Ta'pez to get there.

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Ing The Puny YaBB Moderator Don't make me go all tribble pointy on your butt! Posts: 91 Gender:	Re: FGBO-approved Betting: Round of 16 « Reply #18 on: Feb 18^th, 2005, 12:07pm » Betting will most likely close sometime tonight, pending K'Hare sending out preliminary match results to competitors. Get your bets in!
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KTar Junior Member Where is my bloodwine!? Posts: 63 Gender:	Re: FGBO-approved Betting: Round of 16 « Reply #19 on: Feb 18^th, 2005, 12:27pm » 100 slips on Kira Naul Gordon to win Round of 16 against Pepper. 50 slips to T'lai to defeat Chandler in Round of 16. I say we start a new section of bettings: Here is 50 slips to the first person to play a prank on K'Hare at the tourney!
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TalVur Junior Member The Doc Posts: 84 Gender:	Re: FGBO-approved Betting: Round of 16 « Reply #20 on: Feb 18^th, 2005, 1:56pm » All my slips on Ta'pez to win this match. cheers Ta'pez, Ta'pez, he's our klingon, if he can't do it...uh...stuff! YAY! I don't know. All my slips on Ta'pez to win this match.
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Ta`pez HoD Senior Member For the Glory of the House of Chang! Posts: 369 Gender:	Re: FGBO-approved Betting: Round of 16 « Reply #21 on: Feb 18^th, 2005, 2:08pm » thank you for your confidence
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Ing The Puny YaBB Moderator Don't make me go all tribble pointy on your butt! Posts: 91 Gender:	Re: FGBO-approved Betting: Round of 16 « Reply #22 on: Feb 18^th, 2005, 2:29pm » K'Tar: 100 on Kira Naul Gordon match at 1:1 pays 180 50 on T'lai match at 5:2 pays 157 No bets are being taken on pranks played on K'Hare. Remaining Latinum: 350 slips James Tal'Vur: 500 on Ta'pez match at 1:4 pays 562 No Remaining Latinum.
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KTar Junior Member Where is my bloodwine!? Posts: 63 Gender:	Re: FGBO-approved Betting: Round of 16 « Reply #23 on: Feb 18^th, 2005, 5:30pm » darn you Ing!
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JakeNess YaBB Newbies I love YaBB 1G - SP1! - LOL very egomaniacal text! Posts: 49 Gender:	Re: FGBO-approved Betting: Round of 16 « Reply #24 on: Feb 18^th, 2005, 8:05pm » what is the totals of how much money is on each player right now? to know what the pressure is for everyone!
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Ing The Puny YaBB Moderator Don't make me go all tribble pointy on your butt! Posts: 91 Gender:	Re: FGBO-approved Betting: Round of 16 « Reply #25 on: Feb 18^th, 2005, 8:08pm » I'll post totals when the betting closes. Don't want to have to keep recomputing it.
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Kira_naul_Gordon YaBB Newbies Gravity, its not easy. but its the law!!! Posts: 33 Gender:	Re: FGBO-approved Betting: Round of 16 « Reply #26 on: Feb 19^th, 2005, 6:32am » ill place 100 slip on k'tar over k'vok,,, i place the net bett after word noz proper to bet on your self...argg.
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Ing The Puny YaBB Moderator Don't make me go all tribble pointy on your butt! Posts: 91 Gender:	Re: FGBO-approved Betting: Round of 16 « Reply #27 on: Feb 19^th, 2005, 10:31am » Kira Naul Gordon: 100 on K'Tar match at 1:4 pays 112 Remaining latinum: 400 slips
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Ing The Puny YaBB Moderator Don't make me go all tribble pointy on your butt! Posts: 91 Gender:	Re: FGBO-approved Betting: Round of 16 « Reply #28 on: Feb 19^th, 2005, 12:14pm » Betting will remain open until K'Hare sends out the results. He will post here before doing so, as of his post, betting will be closed...
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JakeNess YaBB Newbies I love YaBB 1G - SP1! - LOL very egomaniacal text! Posts: 49 Gender:	Re: FGBO-approved Betting: Round of 16 « Reply #29 on: Feb 19^th, 2005, 2:36pm » is there any way to get more latinum for the next round if we lose it all?
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Ing The Puny YaBB Moderator Don't make me go all tribble pointy on your butt! Posts: 91 Gender:	Re: FGBO-approved Betting: Round of 16 « Reply #30 on: Feb 19^th, 2005, 2:50pm » Quote from JakeNess on Feb 19^th, 2005, 2:36pm: is there any way to get more latinum for the next round if we lose it all? Contact the Ferengi Guild of ~~Loan Sharks~~ Private Creditors and ask for a loan... More seriously, I haven't decided on a policy yet. But it's a good question.
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JakeNess YaBB Newbies I love YaBB 1G - SP1! - LOL very egomaniacal text! Posts: 49 Gender:	Re: FGBO-approved Betting: Round of 16 « Reply #31 on: Feb 19^th, 2005, 3:45pm » Taj hasn't bet out his money yet though!!!! Taj is willing to loan up to 100 slips of his latinum to someone for 5% interest plus returning his money. Taj wants 40 on Ta'pez for the next match too.
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Ta`pez HoD Senior Member For the Glory of the House of Chang! Posts: 369 Gender:	Re: FGBO-approved Betting: Round of 16 « Reply #32 on: Feb 19^th, 2005, 3:57pm » seems like Taj is young, inexpirienced and fielding his way into a loan shark disaster
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K`Hare totlh YaBB Administrator Another keg of Bloodwine is waiting. Posts: 390 Gender:	Re: FGBO-approved Betting: Round of 16 « Reply #33 on: Feb 19^th, 2005, 4:07pm » So for next year's tourney I need to find players to run Gueido and the boys... so that all these private loan sharks can get payment and the bankrupt loan sharks can be dealt with all while security isn't looking.
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Thena YaBB Moderator Now taking bets! Posts: 32	Re: FGBO-approved Betting: Round of 16 « Reply #34 on: Feb 19^th, 2005, 4:17pm » Only one character per player can place bets. Sorry, Taj, otherwise it isn't fair to the peple who only have one character at the tournament.
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M`rek Junior Member batlh nur je Posts: 75	Re: FGBO-approved Betting: Round of 16 « Reply #35 on: Feb 19^th, 2005, 4:18pm » I haven't betted any. But if did would bet for Ta'pez and K'Tar. Sorry K'vok. Your still good fighter ;D
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JakeNess YaBB Newbies I love YaBB 1G - SP1! - LOL very egomaniacal text! Posts: 49 Gender:	Re: FGBO-approved Betting: Round of 16 « Reply #36 on: Feb 19^th, 2005, 4:23pm » M'Rek, give Ness your latinum and you will get it all back at the end.
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Thena

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Now taking bets!

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Re: FGBO-approved Betting: Round of 16
« Reply #37 on: Feb 19^th, 2005, 4:49pm »

I don't want to turn it into a poularity contest either. Someone could go around and collect latinum from 5 other people and suddenly have 3000 slips without placing a bet...

So I'm thinking either:
a) No transfers allowed.
or
b) Only payouts can be transferred, but not any of the initial 500 slips. So you can only get money from active participants.

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M`rek Junior Member batlh nur je Posts: 75	Re: FGBO-approved Betting: Round of 16 « Reply #38 on: Feb 19^th, 2005, 5:05pm » Yep. 60 each for K'Tar and Ta'pez. 30 for Tal'vur (Don't know if can bet for the opponent of one betting on lol
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Thena

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Now taking bets!

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Re: FGBO-approved Betting: Round of 16
« Reply #39 on: Feb 19^th, 2005, 5:32pm »

M'Rek:
60 on K'Tar match at 1:4 pays 67
60 on Ta'pez match at 1:4 pays 67
30 on Tal'Vur match at 1:5 pays 32
Remaining Latinum: 350 slips

You are more than welcome to bet both sides of a match. The house will be quite happy to collect your fees.

For example, Ta'pez is a 4:1 favorite, so placing 80 on Ta'pez (pays 1:4) would win you 90. Placing 20 on his opponent (at 4:1) would also win you 90. So for a total bet of 100, the house takes 10% in fees (10), and you are guaranteed to get the other 90 back.

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JakeNess YaBB Newbies I love YaBB 1G - SP1! - LOL very egomaniacal text! Posts: 49 Gender:	Re: FGBO-approved Betting: Round of 16 « Reply #40 on: Feb 19^th, 2005, 6:43pm » For next year, Thena's betting establishment should be IC! Hey, Thena, how much would 20 slips pay if placed on Taj'vl for the first playing character match of next year's tournament?
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FADM Tomas Wolfe YaBB Newbies I love YaBB 1G - SP1! Posts: 23 Gender:	Re: FGBO-approved Betting: Round of 16 « Reply #41 on: Feb 19^th, 2005, 7:52pm » All of it on Wolfe beating Davidian
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JakeNess YaBB Newbies I love YaBB 1G - SP1! - LOL very egomaniacal text! Posts: 49 Gender:	Re: FGBO-approved Betting: Round of 16 « Reply #42 on: Feb 19^th, 2005, 8:40pm » betting on your own character? I haven't seen that yet. But I am sure Thena takes money in all forms... Can you bet with land? I have a few acres in Montana....
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Thena

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Now taking bets!

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Re: FGBO-approved Betting: Round of 16
« Reply #43 on: Feb 19^th, 2005, 9:24pm »

Quote from FADM Tomas Wolfe on Feb 19^th, 2005, 7:52pm:

All of it on Wolfe beating Davidian

While under normal circumstances the FGBO allows competitors to bet on themselves, for this particular event, it was felt that to do so would disrupt the integrity and honor of the competition, so betting on yourself is disallowed.

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JakeNess

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Re: FGBO-approved Betting: Round of 16
« Reply #44 on: Feb 19^th, 2005, 9:26pm »

Quote from Thena on Feb 19^th, 2005, 9:24pm:

While under normal circumstances the FGBO allows competitors to bet on themselves, for this particular event, it was felt that to do so would disrupt the integrity and honor of the competition, so betting on yourself is disallowed.

Since when did the Ferengi care about "honor and integrity"?

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Jake Ness lagh'
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Dan YaBB Newbies A little man in a big world Posts: 45 Gender:	Re: FGBO-approved Betting: Round of 16 « Reply #45 on: Feb 19^th, 2005, 9:27pm » Ness: I'm guessing since the Klingons on the station may get irked if they allowed competitors to fight dishonourably ~Dan
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JakeNess YaBB Newbies I love YaBB 1G - SP1! - LOL very egomaniacal text! Posts: 49 Gender:	Re: FGBO-approved Betting: Round of 16 « Reply #46 on: Feb 19^th, 2005, 9:41pm » why are you always the one who responds to what I say? HOW DO I GET AWAY FROM YOU?!?!?!
Back to top	Jake Ness lagh' Chief Operations Officer I.K.S. meH'Haj ALSO PLAYED BY ME: ATTENDING THE TOURNEY: ne' Taj'vl, son of PoQ (No longer an NPC, but a full-blown crewmember) weHwI' I.K.S. D'bloq IP Logged

Dan YaBB Newbies A little man in a big world Posts: 45 Gender:	Re: FGBO-approved Betting: Round of 16 « Reply #47 on: Feb 19^th, 2005, 9:44pm » Erm you don't ~Dan
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FADM Tomas Wolfe YaBB Newbies I love YaBB 1G - SP1! Posts: 23 Gender:	Re: FGBO-approved Betting: Round of 16 « Reply #48 on: Feb 20^th, 2005, 12:23am » Hmmm, that sucks... I'd bet on Davidian then... but I know he's going to lose Oh well, the Ferengi's can do without the house fee's from me then
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Thena YaBB Moderator Now taking bets! Posts: 32	Re: FGBO-approved Betting: Round of 16 « Reply #49 on: Feb 20^th, 2005, 2:02am » Quote from JakeNess on Feb 19^th, 2005, 9:26pm: Since when did the Ferengi care about "honor and integrity"? I remind you of the 190th Rule of Aquisition: "Hear All, Trust Nothing". K'Hare is about to send out match results for the Round of 16, so betting is now officially closed.
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