Im in ... wife needs new pair of shoes ... On Mar 25, 2009, at 12:50 PM, alex kirtland wrote:
> > Good suggestion on Google docs. I don't love their spreadsheet, but > at the > very least I can use it to share a pdf file or something, that shows > all the > betting. > > Good point about when people get to see bets. For the sake of > fairness and > simplicity, we all place the bets blind, and get to see them > together, at > the same time (basically, once all bets are in), with no changing > afterwards. The second round is when you'll be able to try and take > advantage of how you expect people to bet, based on what they've > done in the > first round. > > I, as collector of bets, have a bit of an advantage in this regard. > I'm > happy to send someone my picks early just so people can feel > comfortable I'm > not changing my betting based on what other people do. > > Anyway, so far we have 7 people. Who else?!?! > > ~alex > > > On 3/25/09 11:11 AM, "Jordan Weinstein" <[email protected]> > wrote: > >> I'm in, might I recommend google docs spreadsheet assuming you're >> using a spreadsheet. >> >> then you can share it out to only those who are participating. also, >> do we get to see how people are betting while they place bets? do you >> get to see? that could be considered quite an advantage.. >> >> On Wed, Mar 25, 2009 at 8:24 AM, alex kirtland >> <[email protected]> wrote: >>> Gents, I think it’s time to start thinking about an NHL playoff >>> pool. This >>> pool is a bit different than most pools, but also, hopefully, more >>> fun. >>> >>> The only thing I need to know now is whether you’re in. Friends >>> are also >>> invited. >>> >>> The rules are: >>> >>> MAIN RULES (for $20 real cash) >>> - Every player receives $1,000 play money. >>> - They can use this play money to bet however they like on the >>> first round. >>> They can put all their money on Detroit, or they can spread their >>> money out >>> over all the series. ($12 PIT, $12 BOS, and so on) >>> - You must pick a series winner (if you bet on a series). Doesn't >>> matter >>> how many games the series go. >>> - If you lose a series, you lose all the play money you bet on >>> that series. >>> If you win, you win in proportion to how much you bet alongside >>> the other >>> winners. (So, if I bet $20 on DET and there's a total of $100 on >>> the >>> series, yet I'm the only player that picked DET, then I win all >>> $100 for >>> that series. If another person picked DET too, but bet $40 of >>> their money, >>> they'd win 2/3 of the pot and I'd win 1/3. If a third person had >>> picked DET >>> and bet $20, the pot would be split 1/2, 1/4 and a 1/4. >>> Conversely, if >>> everyone had picked DET, everyone just gets their money back.) >>> - At the end of the round we tote up who won the most play money. >>> Each >>> player can carry over their winnings to the next round and bet as >>> they see >>> fit. The more money you won, the more money you can bet. Also, >>> *everyone* >>> gets an additional $200 of play money. And at each new round >>> everyone gets >>> the additional $200 (so you're never out). >>> - We repeat this until the cup is trotted out. >>> - There is no requirement to bet all of your play money in each >>> round. >>> - At the end we add up who won the most play money, and the real >>> cash gets >>> split three ways: 1st place gets 70%, 2nd 20%, and 3rd 10%. >>> >>> SIDE BET (for an extra $5 real cash) >>> - Between the 1st and 2nd rounds (but not before) we'll share with >>> everyone >>> how you bet in the 1st round (totally transparent, who you picked >>> and how >>> much you bet). >>> - For $5 you can then bet on who you think will win the whole thing. >>> - For example, I see that Joe is a great better and picker, so I >>> bet my >>> money that Joe will be the ultimate winner. You can only pick one >>> person. >>> And you can pick yourself, if you like. >>> - At the end the pot gets split evenly between those who correctly >>> picked >>> the winner. >>> - If no one correctly picked the winner everyone gets their money >>> back. >>> >>> IF YOU HAVE QUESTIONS: email me asap >>> >>> IF YOU'RE IN: Just send me your name, we’ll take picks later >>> >>> ~alex >>> >>> >>> Regards, >>> ~alex >>> >>> Alex Kirtland >>> alexkirtland.com | phone: +1 917.623.9131 | skype: akirtland >>> >>> >>> >>> >>> >>>>> >>> > > > > > --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "BKHockey" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/bkhockey?hl=en -~----------~----~----~----~------~----~------~--~---
