Author Topic: Rules & Regulations  (Read 510 times)

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Offline Tony

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Rules & Regulations
« on: June 22, 2011, 07:46:45 AM »
Rules & Regulations

- we will NOT use real money. All bets are made with play money called Backyard Bucks. (BB)

- nobody can place bets on any game that their own team(s) are involved in.

- minimum bet is 5 BB and maximum will be 200 BB. All bets must be in multiples of 5.

- cannot combine any two bets together like a parlay bet.

- you can place up to 3 separate bets each week. You cannot place the same bet on the same game.

- all bets must be in by the deadline on Sunday. Must be placed by 11:59pm EST/9pm PST


Betting Types, Terminology, and Examples

 - (ML) moneyline - This is simple because you just pick who will win (V) visitor, (T) tie, or (H) home.

                     (V)   -   (T)    -  (H)
BOS at VAN  1.75 - 45.50 - 2.25 - predicting a tie pays big because it is rare and hard to predict.

Examples:   
   if I bet 25 BB on Vancouver then my payout if they win is 2.25 x 25 = $56.25
   if I bet 25 BB on Boston then my payout if they win is 1.75 x 25 = $43.75
   if I bet 25 BB on a tie then my payout if I win is 45.50 x 25 = $1137.50                               
 
 - (O/U) over/under - This is a bet on the total points scored for both teams combined in a weekly matchup.

BOS at VAN  250 total points - This has a payout of 2.00 either way you bet.

Examples:
   if I bet 25 BB on the over and the score was 124 - 131. The total would be 255 so I would win 2.00 x 25 = $50
   if I bet 25 BB on the under and the score was 124 - 131. I lose my 25 BB and they are deducted from my account.
 
 - (PS) point spread - This is when you pick a team to win but you get points to even out the difference between favorites and underdogs

BOS -7.5 at VAN - This means Boston is the favorite to win by 8 points or more. If the Point Spread was -7 and Boston won by 7 then it would be a push and your BB are returned to your account. This has a payout of 2.00 either way.

Examples
  if I bet 25 BB on Vancouver to cover the spread and the score is BOS 118 - VAN 112 then I win because Boston only won by 6 points. I would win 2.00 x 25 = $50

 if I bet 25 BB on Boston to cover and the score is BOS 118 - VAN 112 then I lose because the did not win by enough points. I would have 25 BB deducted from my account.
« Last Edit: November 06, 2011, 11:35:16 PM by Tony »
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