I will be sending PM invites over the next week, apologies if you get more than one, but I'll try to avoid that. You are free to announce you want to play in-thread to receive PM reminders, and you may also play even if you do not receive an invite.
The Rules will be as follows:
Winner Take All (w/exception)
You will not need to announce that you are participating in-thread or via PM in advance. The Lines will be posted on Thursday, September 5th, so simply PM me your picks and you are in the game. You MUST make Week 1 Picks to participate. If you wish to receive a reminder, however, please announce you are playing in-thread.
1.) The winner will be determined by having the highest winning percentage. In the event of a tie, the winners will have the option of either splitting the take, or they may agree to PM me a Super Bowl pick prior to the Super Bowl, but after the combatants are known, consisting of the winning team, spread and TD's thrown; the winner will be determined in that order. If two Members PM me the same thing, they will BOTH be asked to change at least one aspect of their picks.
2.) The procedure for this will be that at some point on Thursdays, I will post the point spreads and Over/Unders from one source per week. I will likely use VegasInsider and the Spreads & Over/Unders I post will be constant and may be picked at any time prior to 11:59p.m. EST the Saturday before the game.
3.) Sunday/Monday games will be the only games considered. Every player must pick exactly five winners against the Spread, exactly five Over/Unders, or a combination totalling exactly five.
4.) Players may, "Skip," one week without making any picks, but they don't have to. If a player accidentally fails to submit picks, that will constitute the, "Skip," week.
5.) If a player fails to make picks for more than one week, he/she forfeits and will owe any monies lost to the winner(s).
***Any player missing two weeks will have the option of EITHER forfeiting immediately or accepting a record of 0-5 for the second missed week. If the player misses a third week, the forfeit is automatic.
6.) Picks will be PM'ed to me at any point prior to 11:59p.m. Saturday, all picks will be openly posted by me between midnight Sunday and kick-off.
***The exception to this Rule is that I will accept E-Mail Picks from banned Members, but only if they are banned. If you are banned, you can still receive PM's, so I will PM you my E-Mail address.
7.) At some point on Tuesday the picks, results and updated Standings will be posted by yours truly.
8.) CONFIDENCE PICK: You may make one, "Confidence Pick," per week, though you don't have to. Your, "Confidence Pick," must be made expressly clear in your PM. The CONFIDENCE PICK result will count either as two wins or two losses, if made.
1.) If you are not the winner, then you will pay $0.10, with a minimum of $1.00, for every one-thousandth of a percentage your winning percentage is off from that of the winner. (i.e., if you batted .000, and the winner picked perfectly, you would owe $100)
2.) I will not be handling any money. Everyone participating is on the honor system. I am not responsible for non-payment or under-payment. The winner(s) and loser(s) will be responsible for determining privately and amongst themselves how the transaction is to be handled. The winner(s) may post the name(s) of any loser(s) who has AGREED on a method of payment yet failed to pay the winner within sixty (60) days of said agreement being established.
3.) Just to give this thing +EV, I will be paying the winner $25 within thirty days of the SB being played. I will pay by sending a Money Order.
1.) The first Sunday of the Season is September 8th, Lines will be posted on Thursday, September 5th.
I'm not really going to enforce this, but the thing that took me the most time last year was actually re-formatting the Picks when moving them to the results thread. It would be appreciated if Picks were formatted in a uniform way, so here is how I would strongly (but respectfully) prefer it:
1.) No Line Breaks
2.) For Spread picks, simply put the team nickname and the spread. (Ex: Bengals +5)
3.) For Over/Unders, simply put the team nickname for EITHER team, and the Over or Under amount. (Ex: Bengals OVER 25)
4.) To designate a Confidence Pick, simply put a hyphen and, "Confidence," after the pick. (Ex: Bengals OVER 25-Confidence)
So, a full set of picks might appear:
Patriots OVER 52
Jaguars UNDER 42
Let's have a great time, again!
I'm in again. I suggested last year that if you miss two weeks, the 2nd missed week just counts as 0-5. I guess that is shot down?
Actually, my apologies. Somehow that wasn't voted upon, by Executive Decision: Any player missing two weeks will have the option of EITHER forfeiting immediately or accepting a record of 0-5 for the second missed week. If the player misses a third week, the forfeit is automatic.
this looks like fun. God forbid I get any .000 though...lol. Question: your weekly deadline is 11:59 Saturday, but I thought I saw somewhere you live in EST, and Vegas is PST...posts on here are Vegas time. So, is that UTC, EST, PST, something else? Also, is PayPal considered a valid payment choice among those playing in the past, or is it check/money order/whatever? Thanks in advance; I've been a FFL commissioner, and it's a thankless job. Haven't decided for sure, but think I'd like to join in.
The deadline would be in Eastern time because that still leaves me only a 13 hour window within which to post the selections in the Official Thread.
I don't know about PayPal, I believe the Wizard accepted PayPal, but again, it is between the winner(s) and each individual loser.
Sorry, another question came to mind re: #5. If I stink at this and decide I've had enough after a few weeks, am I obligated for the rest of the season to pay the winners, or do I only owe for the second week after I stop, or do I just tell you I'm done and I'm out without penalty?
The amount owed by a losing player is based exclusively upon the difference between the losing player's winning percentage and the winner's winning percentage, therefore, the loser's winning percentage (upon quitting) would remain constant while the winner's would be unknown. The losing player would be obligated to pay the difference between his/her final winning percentage and that of the winner, either way.
As a practical matter, a losing player shouldn't owe that much. The mean winning percentage of all losing players for last year was .497 and the winner, Wizard, had a .713. Under this year's Rules, the mean loser would owe $21.60 and the most would have been $32.60. However, Wizard also publicized his strategy for last year, and absent omniscience, I don't think he could feasibly do much better than he did. Moreover, we're also using a better line source, and his strategy played largely upon disparity between the source we were using and a superior source.