The betting windows are open for Week 5 wagering! We have a game Thursday night, so I'll post the lines for that one now. The rest I will post later.
Sorry, due to personal commitments I do not have the updated balances from last week. I'll be working on those but likely won't be done by game time tonight. If you are not sure if you have enough money to bet tonight, you can post your bet as a contingency. Here's a couple of examples:
Patriots (-4.5) $5,000 or whatever I have left
Patriots (-4.5) $5,000 or if I have less than that, make that only $2,000
As a reminder, here is a brief rundown of the rules:
You are given $10,000 to start out and can bet up to $5,000 on any one bet. There is a $500 minimum bet unless you have less than that in which case you would be all in.
Payouts are at 90% unless otherwise stated. –170 would mean you have to bet $170 to win $100. +250 would mean you would get a $250 payout on every $100 bet.
You must bet at least once every 3 weeks or you are eliminated. If you cannot commit to participating at least this much please let us know now so somebody else can take your place.
You must place a wager in the first two weeks of the season, or your spot in the competition will be given to someone on the waiting list. This is ONLY for the beginning of the season. After the first three weeks, inactive spots will not be filled from the waiting list!
Contingency bets are allowed. If you are using contingency bets, please indicate the order of your bets.
There are no parlays.
All bets must be placed before the scheduled opening kickoff of the game.
I will not allow bets to be changed or cancelled once posted. Be sure that you have the correct bet made before hitting the submit button. After that, your only option is to post an offsetting bet which will cost at a minimum, 10% to the house. Anyone caught editing a bet after posting it will be immediately disqualified!
NEW PLAYERS!! The complete rules list is in this thread. Please read them, or I will make fun of you for asking questions about the rules found in the link.
Thu 9/6 New Orleans Saints +6 +223 OVER 52.5
(Date, VISITING TEAM: Point Spread, Money Line, Over/Under)
7:30 PM Indianapolis Colts -6 -243 UNDER 52.5
(Time, HOME TEAM: Point Spread, Money Line, Over/Under)
How to bet the Money Line
Sample line
SAINTS +223
COLTS -243
First off, a money bet is a straight up win/lose bet. No points involved, so of course there are odds payoffs.
If you want to bet on the Saints, you will win $223 for every $100 that you bet. Conversely, for the Colts, you will win $100 for every $243 that you bet.
In other words, the team with the - money line is the favorite (therefore lower payout) and the team with the + is the under dog.