Sjaeles
Master Knight
Betting Corner
Rules
[list type=decimal]
[*]You begin the tournament with $1000, you may spend it all on one team, spread it out between teams, or not spend it at all.
[*]You must post all of your bets before the first match for the week.
[*]You can not edit your post after the first official match for that week, doing so will get all of your bets removed for that week.
[*]You may only make a donation to another player if they have less than $100, and you may donate no more than $1000.
[*]You gain money based on the relative amounts of the bets for both teams. If you bet on a team that has $400 in the pool, and the other team has $4000 in the pool, your bet will get you much more money. The formula is: (your bet)*(losing team bet total / winning team bet total)
[*]If you lose your bet, you lose that money.
[*]In the case of a draw, both sides have their money returned to them.
[*]If you correctly guess the score for a match, you gain an extra $200. If you guess the correct score for every single match of the week, you also get a bonus $500. You will only get these bonuses if you have bet money on that match.
[/list]
Betting Format
Please use the following format for betting:
Code:
[table]
[tr][td]Match 1 Team Name[/td] [td]Bet Amount[/td] [td]Score[/td][/tr]
[tr][td]Match 2 Team Name[/td] [td]Bet Amount[/td] [td]Score[/td][/tr]
... (repeat as necessary) ...
[/table]
An example of this would be:
Czechoslovakia | $500 | 12-3 |
France | $200 | 10-5 |
Good luck, have fun.