Board 8 > ~Character Battle X Spread Betting~Day 8 feat. Phoenix Wright (-16), Kirby (-36)

(+) Yeah! (+)

Welcome to Spread Betting 2018! You can signup now or anytime during the contest. Regardless, you will be given $1000 to bet on matches as you see fit. If at any time you fall below $1000, you can bet up to $1000 but beware you can enter the negatives. The user with the most money at the end will be crowned the winner and receive a game of their choice (within reason) courtesy of your host (unless I win, then the prize will go to the runner-up).

WHAT IS SPREAD BETTING?
Basically this works like sports betting with spreads, if you're familiar with that. Here's an example line:

Dante (-40) vs Cuphead (Dante over Cuphead with 70%)

If you bet on Dante, he would have to beat Cuphead by 40%, meaning he'd have to get at least 70% of the vote (70-30 = 40). If you bet on Cuphead (+40) he needs to score at least 30.01% of the vote (69.99 - 30.01 = 39.98) to keep the difference in percentage, or spread, within 40.

PARLAYS
New for this contest is 4-match days, so I am introducing a parlays! For those unfamiliar, you can earn more by combining your bets, but if even just one is wrong you lose the whole thing. The parlay odds are:

2-Match Parlay: 3 to 1 ($100 bet = $300 profit)
3-Match Parlay: 7 to 1 ($100 bet = $700 profit)
4-Match Parlay: 15 to 1 ($100 bet = $1500 profit)

RULES
-You can bet up to your total current bank (or up to $1000 if you are under $1000) each day (not each match). This means one MAX bet per day.
-Newcomers start with $1000
-You can choose any combination of parlays and single bets you want. However, you can only bet on each match once, either as a single bet or as part of a parlay
-I will accept "if" bets (If Dante covers, $1000 on Vivi. If not, $500 on Vivi, etc.) in case the match is close. This only applies for bets made on the next days matches
-If you bet MAX, the bet will be calculated based on the results of the previous days matches. For example, if youre at $0 with $1000 riding on a 3-match parlay, your MAX bet will be $8000 if the bet is successful and $1000 if its not.
-If you fall below $1000, you can bet up to $1000 for the day. However, if you lose it will go into your debt which will be subtracted from your total at the end.
-Betting closes as soon as the matches start
-Please label your bets (Single Bet, Two-Match Parlay, etc.)
-Don't be a jerk
-Feel free to ask any questions!

Today's Matches
(3) Phoenix Wright (-16) vs (14) Chris Redfield (Phoenix over Chris with 58%)
(6) Ike (-26) vs (11) Joel (Ike over Joel with 63%)
(7) Estelle Bright vs (10) Isaac (-22) (Isaac over Estelle with 61%)
(2) Kirby (-36) vs (15) Guile (Kirby over Guile with 68%)
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th3l3fty posted...

also I should have $500 because I would have had $2000 after Velvet covered, not $1000

@th3l3fty
I take the debt out before the payout if you bet 1000 when you're under

So day 1, 2, 3 and three you maxed and lost, leaving you at 0 with -$2000

You bet $1000 on Velvet, so I just put you at $1000 and didn't raise your debt

You're actually coming out on top here! Instead of $500 with $3000 in debt, you're at $250 with $2000 debt!
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I'd be a terrible gambler.
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MAX on Isaac

This is the only one I really feel comforable with, after a successful four way parlay and a likely triple following it.
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MAX parlay on Isaac and Guile
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Man, these spreads have not been kind to my confidence as of late.

LEADERBOARD

https://docs.google.com/spreadsheets/d/1KN8zlFAZb-VzLCLZfynjaVN3epi7bE88g85LfL8MG8g/edit?usp=sharing

Should be up to date!

A total of $56,000 was bet and lost on Princess Peach (including parlays she was in). Yikes!

All part of The Plan
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$1,000 {4-match parlay: Chris, Ike, Isaac, Guile}

Payday central
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2000 on IKE!!
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MAX on Kirby
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30% on Isaac (-22)
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MZero11 posted...

LEADERBOARD

https://docs.google.com/spreadsheets/d/1KN8zlFAZb-VzLCLZfynjaVN3epi7bE88g85LfL8MG8g/edit?usp=sharing

Should be up to date!

A total of $56,000 was bet and lost on Princess Peach (including parlays she was in). Yikes!

All part of The Plan

I don't think my current $4,000 in the bank is correct. After my very first bet on Velvet covered, I next went for a max parlay on Crash and Ridley. Since both covered, that should have put me at $6,000 banked then. With my 50% bet on Kefka also covering, I should currently be at $9,000 banked.

If I'm correct about my current banked total, I will bet 50% on a four-match parlay on Phoenix Wright, Ike, Isaac, and Kirby. If not, I will bet MAX on a four-match parlay comprised of the same characters.

$1000 on Kirby
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So close to hitting my 4-match parlay yesterday it kills me.

Here's my early morning $2000 4-match parlay (I may change to be safer) on Phoenix Wright, Ike, Isaac, and Kirby.

MAX on Phoenix
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MAX 3-match parlay Chris, Isaac, and Kirby
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MAX on Kirby
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MAX parlay on Isaac, Kirby
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MAX on Isaac
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pirate109 posted...

$1000 on Kirby

ehhh you know what

Change

MAX on Kirby
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MetalmindStats posted...

MZero11 posted...

LEADERBOARD

https://docs.google.com/spreadsheets/d/1KN8zlFAZb-VzLCLZfynjaVN3epi7bE88g85LfL8MG8g/edit?usp=sharing

Should be up to date!

A total of $56,000 was bet and lost on Princess Peach (including parlays she was in). Yikes!

All part of The Plan

I don't think my current $4,000 in the bank is correct. After my very first bet on Velvet covered, I next went for a max parlay on Crash and Ridley. Since both covered, that should have put me at $6,000 banked then. With my 50% bet on Kefka also covering, I should currently be at $9,000 banked.

If I'm correct about my current banked total, I will bet 50% on a four-match parlay on Phoenix Wright, Ike, Isaac, and Kirby. If not, I will bet MAX on a four-match parlay comprised of the same characters.

That was a major derp on my part, for whatever reason I counted your Kefka bet as a loss.

For the record, a 2-way parlay at $2000 gives you $6000 profit, so you were actually at $8000. Then your 50% Kefka bet put you at $12000. Sorry about that!
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Change to:

$1,000 {3-match parlay: Chris, Ike, Isaac}

Less confident in Guile today, even though I expect him to end up in the 30%34% range.
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$1000 on parlay of Phoenix, Ike, Estelle, and Kirby
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HALF on Kirby and Phoenix (2-match parlay)

Change

HALF on Phoenix, Kirby and Ike.

3-match parlay

MAX on Ike/Kirby
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1000 3-Match Parlay

Phoenix Wright
Isaac
Kirby

$2000 on Chris/Ike/Isaac/Kirby parlay
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MAX two-match parlay on Ike and Isaac
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MAX two-match parlay on Isaac and Ike.
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Parlay 25% on Phoenix Wright and Joel
Parlay 25% on Isaac and Guile
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Quarter on (3) Phoenix Wright (-16)
Quarter on (11) Joel (+26)
Quarter on (10) Isaac (-22)
Quarter on (2) Kirby (-36)
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quarter parlay on Phoenix Wright, Isaac, Kirby
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Max parlay, Phoenix and Isaac.
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MAX Kirby
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MAX on an Ike/Isaac Parlay

MAX on Phoenix and Isaac

max on Phoenix

CHANGE:

25% parlay on Kirby and Isaac

I guess?
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MAX parlay on Phoenix, Ike, Isaac, and Kirby
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$2000 parlay on Ike and Isaac

CHANGE:
$2500 parlay on Ike and Isaac

max on Kirby
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$200 on Chris Redfield
$300 on Joel
$300 on Isaac
$100 on Kirby
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CHANGE
Make my previous bet $5000.

HEY does anyone have results, or at least know the winners, for the 2013 2015 and 2017 Spread competitions? I'm trying to bring our page up to date.

https://board8.wikia.com/wiki/Spread_Bet


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I won 2015, and I believe pirate109 won 2013

don't think anyone ran it for best year
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MZero11 posted...

MetalmindStats posted...

MZero11 posted...

LEADERBOARD

https://docs.google.com/spreadsheets/d/1KN8zlFAZb-VzLCLZfynjaVN3epi7bE88g85LfL8MG8g/edit?usp=sharing

Should be up to date!

A total of $56,000 was bet and lost on Princess Peach (including parlays she was in). Yikes!

All part of The Plan

I don't think my current $4,000 in the bank is correct. After my very first bet on Velvet covered, I next went for a max parlay on Crash and Ridley. Since both covered, that should have put me at $6,000 banked then. With my 50% bet on Kefka also covering, I should currently be at $9,000 banked.

If I'm correct about my current banked total, I will bet 50% on a four-match parlay on Phoenix Wright, Ike, Isaac, and Kirby. If not, I will bet MAX on a four-match parlay comprised of the same characters.

That was a major derp on my part, for whatever reason I counted your Kefka bet as a loss.

For the record, a 2-way parlay at $2000 gives you $6000 profit, so you were actually at $8000. Then your 50% Kefka bet put you at $12000. Sorry about that!

Thank you! And yeah you're right, for some reason I misinterpreted the example two-way parlay profit as giving you triple the bet, including the bet itself. I don't think it really matters, though, since Ike is going to burn me