Circa NFL Million-dollar handicapping challenge
Poll
 | 1 vote (4%) | ||
| | 18 votes (72%) | ||
| | 1 vote (4%) | ||
| | 3 votes (12%) | ||
| | 3 votes (12%) | ||
| | 2 votes (8%) | ||
| | 6 votes (24%) | ||
| | 4 votes (16%) | ||
| | 3 votes (12%) | ||
| | 3 votes (12%) |
25 members have voted
August 27th, 2019 at 12:36:38 PM
permalink
As a reminder, Derek Stevens, owner of the Golden Gate and D, is building what looks to be a very nice property, to be known as the Circa, in the location of the old Las Vegas Club. It will have its own branded sports book, which already can be found at the Golden Gate and D (I'm meaning to check it out in person).
Evidently in an interest to draw attention to it, Stevens is having an NFL handicapping challenge. Here are the most important rules:
1. $1,000 entry fee.
2. $1,500,000 minimum in prize money. Entry fees above 1.5 million will be added to the prize pool.
3. Pick 5 games a week against the spread.
4. $1,000,000 to the entrant with the best record, with the rest of the money going to lower places and in-progress wins.
Here is the important thing. As of the time of this writing, August 27, there are only 982 entries. That is a $518,000 overlay. Seems like a great value, but I'm sure there will be a surge of entrants at the last minute, if it's still positive EV. Then again, you never know.
Basic announcement
Full rules (pdf)
The question for the survey is will you enter? I am in talks of forming a betting pool. Anyone care to join?
Evidently in an interest to draw attention to it, Stevens is having an NFL handicapping challenge. Here are the most important rules:
1. $1,000 entry fee.
2. $1,500,000 minimum in prize money. Entry fees above 1.5 million will be added to the prize pool.
3. Pick 5 games a week against the spread.
4. $1,000,000 to the entrant with the best record, with the rest of the money going to lower places and in-progress wins.
Here is the important thing. As of the time of this writing, August 27, there are only 982 entries. That is a $518,000 overlay. Seems like a great value, but I'm sure there will be a surge of entrants at the last minute, if it's still positive EV. Then again, you never know.
Basic announcement
Full rules (pdf)
The question for the survey is will you enter? I am in talks of forming a betting pool. Anyone care to join?
“Extraordinary claims require extraordinary evidence.” -- Carl Sagan
August 27th, 2019 at 2:10:46 PM
permalink
I would be interested in the betting pool
Expect the worst and you will never be disappointed.
I AM NOT PART OF GWAE RADIO SHOW
August 27th, 2019 at 2:39:05 PM
permalink
Mike, I'd like to be in for the $50 you owe me! I expect that they will easily get to the 1500 number. Gotta be enough people who think they are better than the rest of us at picking games. And since they let you pay with credit card you are + EV around 2% right there.
August 27th, 2019 at 4:48:35 PM
permalink
Yes, I would like to be in your "betting pool" for a reasonable share.
There's emptiness behind their eyes
There's dust in all their hearts
They just want to steal us all and take us all apart
August 27th, 2019 at 4:56:10 PM
permalink
I'm in the pool like a Baby Ruth. $100 ok?
August 27th, 2019 at 4:57:25 PM
permalink
I would like to be in the pool. More than one entry if there are enough of us?
If the House lost every hand, they wouldn't deal the game.
August 27th, 2019 at 5:36:59 PM
permalink
I'm game if you'll have me as a silent partner.
The difference between fiction and reality is that fiction is supposed to make sense.
August 27th, 2019 at 6:16:27 PM
permalink
I'm interested in the WizPool.
Last edited by: IndyJeffrey on Aug 27, 2019
August 27th, 2019 at 6:20:40 PM
permalink
Thanks for the interest in a pool. As mentioned in the original post, at 1,500 or more entries, this contest will be break even. Any less, and it will be positive EV.
Two questions for those interested:
1. Would you still invest if the contest there were a surge of last-minute entrants, resulting in a low player advantage?
2. How much are you interested in investing? Let's remember this is $1,000 per entry, so I'd rather not fuss with $20 investments.
Two questions for those interested:
1. Would you still invest if the contest there were a surge of last-minute entrants, resulting in a low player advantage?
2. How much are you interested in investing? Let's remember this is $1,000 per entry, so I'd rather not fuss with $20 investments.
“Extraordinary claims require extraordinary evidence.” -- Carl Sagan
August 27th, 2019 at 6:35:59 PM
permalink
1. Yes, still invest even with a late surge of entries.
2. I'm interested for $100.
2. I'm interested for $100.
So many better men, a few of them friends, are dead. And a thousand thousand slimy things live on, and so do I.
