L
Lareux
Guest
What's up fellas? I am going to run a year long NFL handicapping league (contest) that I hope will get some good participation. The entry fee this year will be $50. I'm calling it a league, but it's really just a contest to see who is not only the best handicapper, but also the best money manager.
Here are the rules:
$10,000 to start for each participant
Minimum of 2 bets per week, maximum of 4 (point spreads and totals only, no MLs)
If the minimum 2 bets are not made, you will lose 10% of your bankroll, and any bet that you made will be voided (if you only made 1 bet for the week)
If you run out of money at any point, you are eliminated…there are no “re-buys”
Depending on the number of guys in the contest, payouts will be determined before the season begins. I would like to pay the top 10-20% of participants (much like a poker tourney).
If there are any new rules or tweaks that anyone would like to suggest, please do so and we will vote on the rule if necessary.
Last year I suggested that the top 4 (or 6, 8, whatever) at the end of the regular season, advance to the "playoffs" and bet during the NFL playoffs to determine a winner. We could crown the regular season champ (and pay out everyone who deserves to be paid out, based on # of participants), but only use 75-80% of the prize pool, and then use the left over % to pay out the "playoff" winner. It's just a suggestion, if there's any interest we can discuss it further.
I hope to see everyone back from last year, as well as a bunch of new guys for this season! Last year we ended up with 18 people, the top 3 were paid out. With the buy in being a little bit more this year, hopefully we see more participants (guys said they would have played last year had the buy in been more).
No aliases allowed. Hopefully a mod can help with that if anyone suspicious pops up and tries to enter. Thanks!
Any questions....fire away!
Here are the rules:
$10,000 to start for each participant
Minimum of 2 bets per week, maximum of 4 (point spreads and totals only, no MLs)
If the minimum 2 bets are not made, you will lose 10% of your bankroll, and any bet that you made will be voided (if you only made 1 bet for the week)
- Can play 1 parlay (2 or 3 team) in your 4 plays
- 2 team parlays will pay 2.6/1
- 3 team parlays will pay 6/1
- Can play 1 teaser (2 or 3 team) in your 4 plays
- 2 team teasers are 6 pts and -120
- 3 team teasers are 10 pts and -130
- Minimum amount for wager is $100, there is no maximum
- You can only wager, in a week, what you started the week with (this is a new rule, there was much discussion last year towards the end of the year (after a vote during the year), and there was a vast majority who didn't like the fact that guys could bet their bankroll on a game, win the bet, and then bet that amount on a later game....so we are adopting this rule)
If you run out of money at any point, you are eliminated…there are no “re-buys”
Depending on the number of guys in the contest, payouts will be determined before the season begins. I would like to pay the top 10-20% of participants (much like a poker tourney).
If there are any new rules or tweaks that anyone would like to suggest, please do so and we will vote on the rule if necessary.
Last year I suggested that the top 4 (or 6, 8, whatever) at the end of the regular season, advance to the "playoffs" and bet during the NFL playoffs to determine a winner. We could crown the regular season champ (and pay out everyone who deserves to be paid out, based on # of participants), but only use 75-80% of the prize pool, and then use the left over % to pay out the "playoff" winner. It's just a suggestion, if there's any interest we can discuss it further.
I hope to see everyone back from last year, as well as a bunch of new guys for this season! Last year we ended up with 18 people, the top 3 were paid out. With the buy in being a little bit more this year, hopefully we see more participants (guys said they would have played last year had the buy in been more).
No aliases allowed. Hopefully a mod can help with that if anyone suspicious pops up and tries to enter. Thanks!
Any questions....fire away!
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