think this is what were rolling with. A lot of it is from tx6, with his permission .
Thoughts?
betting in my "bookie" threads
Every pick you choose comes with its own odds. be that spread, ml or other type of proposition
If the pick does not offer odds (blank, OTB=off the board), I'm not taking bets on it. Posting such a pick results in null bet
No bet is 1:1 unless the odds for it are exactly +100
If you dont mark your pick as spread, it is counted as ml bet (unless there is no option for moneyline bet)
ideally would like to see the exact spread points and the amount your side
Cutoff times for accepting bets:
Times that I list.
If the game time listed is 7:00 pm ET, posts/edits 7:01 are Not A/c for those games
I do not ask for u/f in these threads. If it is more convenient for you to do so, be my guest
But that does not guarantee payout if certain limits are met.
post # fifo method is what will be used
(see bellow for further explanation)
Bets accepted:
up to 500 fg per line
Only liable up to 10,000 FG per day.************* if the max is reached then payout is on a FIFO basis
Summary:
500fg bet per line. I am liable only up to 10,000 FG per day
An example wager: 500fg wizards -3.5. This means you are wagering risking 500fg to win 450 (based on a -110 juiced line)
Example 2 : 100fg 76ers ml +200 Risk: 100 to win: 200
Example 3. 300 fg clippers ML -300. Risking 300 to win 100fg
Parlays:
Max bet on parlays is 100fg . Max payout is 628 FG (3 leg spread parlay for a 100 fg wager)
Example : Parlay Wizards -5/ pelicans +2/ knicks +50 100fg would net a 628 payout according to the site below
http://www.vegasinsider.com/parlay-calculator/ use this site to calculate parlay. Use -110 or whatever the juice is for a spread play.
Resting/ injured player before tip:
There will be a time when a player(s) is sitting last minute before tip that will change the spread of a line. To avoid getting hammered on a line change I’ve determined that if a line changes by 3 points or more the bet is null and void, no matter what side you are on(to be fair). I follow spreads closely because I wager cash in real life. So if a line changes only by 1,1.5, or 2 points bet is good. I fully understand that isn’t necessarily fair to both parties but since my FG bankroll is not high right now I have to do this. If I increase my bankroll in the future then the spread is the spread no matter what. But for now, if line moves 3 points or more bet is void no matter what time wager is placed and no matter what side you are on!!! In an event I will post an adjusted line, to make it fair for all parties usually an hour before tip (only if line changes 3 or more points in any direction)
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