"Pick the right side of the line" contest idea

[Svino]

I had an idea for a contest format, so I just thought I'd throw it out there and see if there was any interest.

The idea would just be to pick the correct side of the line for as many fights as you can. It could be done like this: I would post no-vig lines for every fight on the card (to make it simpler and encourage betting) and then every bet would be a single-unit fixed-swing bet.

For example I would take book lines like:

Gilbert Melendez: -365 (~78%)
Jorge Masvidal: +285 (~26%)

And turn them into (rounding off a little):

Gilbert Melendez: -300 (75%)
Jorge Masvidal: +300 (25%)

And you could either bet 0.75 on Melendez to win 0.25, or bet 0.25 on Masvidal to win 0.75.

I think it would be interesting, though I realize it wouldn't have the wild gun-slinging nature of the other contests.

[Ludo]

I could get into that.

[MMA_scientist]

I like it. Make it happen.

[SPX]

Sounds interesting. I'd play.

[trotterz]

I would be in also

[poopoo333]

I don't get it but I'll play

[SPX]

I'm also a little confused, but I didn't want to be the first to say it.

[Ludo]

ya'll are retarded. He explained it pretty clearly. He takes vigged lines and takes the vig out so that the win percentages equal 100% in the end and sets lines to rounded figures. You then pick which side you want to be on. If one side is -300 and the other is +300 thats 75% and 25% respectively. You can bet on the -300 to win .25u or the +300 to win .75u.

Whats so hard about that?

[SPX]

Oh okay, makes sense.

[Svino]

Cool. I think we got enough people signing in to make a go of it. That leaves the questions:

Do we want the contest to be for cash moneys or just bragging rights? (If it's for money, I'll still participate but exempt myself from winning to avoid appearance of impropriety.)

What (or how many) events do we want to cover?

[sbjj]

Sonnen 1 unit @ +250. He just has Silvas number.

[Luke]

This place is out of control today .

































::winna::

[Svino]

Sonnen 1 unit @ +250. He just has Silvas number.

http://media.tumblr.com/tumblr_llorqst7A61qdlpak.gif

[SPX]

Cool. I think we got enough people signing in to make a go of it. That leaves the questions:

Do we want the contest to be for cash moneys or just bragging rights? (If it's for money, I'll still participate but exempt myself from winning to avoid appearance of impropriety.)

What (or how many) events do we want to cover?


I'm good with whatever. . .

[Ludo]

I'm good with whatever. . .

Your no help at all.

I'd prefer if we did the first one as more of a "trial run" to see how it goes. Maybe try it for 5 events or something just to get all the mechanics worked out.

[MMA_scientist]

I will lose interest if no money is involved, especially if I fall behind. I assume everyone would stop posting as soon as they got behind unless money was involved.

I think you should play svino. No one is worried about you cheating us. If we trust Ludo to run a contest, we can for damn sure trust you. Don't know how you would cheat anyway.

[SPX]

Your no help at all.

I'd prefer if we did the first one as more of a "trial run" to see how it goes. Maybe try it for 5 events or something just to get all the mechanics worked out.


I will lose interest if no money is involved, especially if I fall behind. I assume everyone would stop posting as soon as they got behind unless money was involved.

I think you should play svino. No one is worried about you cheating us. If we trust Ludo to run a contest, we can for damn sure trust you. Don't know how you would cheat anyway.


Maybe we should do a trial run that only runs a few events?

As an aside, I also have an idea for a contest. I haven't given it an overwhelming amount of thought, but I can create a private pool just for us through tkofantasy.com and I think we should take advantage of that.

[Svino]

OK, tell you what: Why don't we do a trial run including this Strikeforce Card and UFC 141, and then start a real contest starting with the events of 2012 that will be for a cash prize?

I'll put the odds together and start a new thread.

[SPX]

Okay. . .

[mike]

i want to join u guys but i pretty much only watch ufc events so events like strikeforce and bellators, ill be clueless on who to pick. any chance we can reduce it to only ufc and strikeforce?

[SPX]

Why don't you watch SF or Bellator?

[mike]

i watch the big sf events but ghe challenger serries, somehow i almost always missed them. and i dont havw mtv2 so i miss out on bellator too lol.

[Luke]

Wtf is Bellator?

[Svino]

OK, time to get this up and rolling... Here's the proposed format, let me know if there are any objections.

Let's have the contest run for 10 events, consisting only of UFC and Strikeforce events. I will try to put the odds up Thursday evening, and the lines will be no-vig lines based on BookMaker's lines. Let's shoot for starting with the Rockhold vs. Jardine event.

I'm proposing a $20 entry fee, with first place getting the majority of the money, and second place getting (say) $40 back, in order to give people an easier target to shoot for if they fall behind.

Anyone who wants in should send me a PM and I will respond to tell them where they can PayPal the entry fee.

I will also participate if there are no objections, but I won't be offended if anyone objects. In any case, I will be happy to track picks in the contest threads for non-paying people if anyone doesn't want to be part of the formal contest but would like to "play along" so to speak.

[Ludo]

I'm in.

[High5]

Yeah, I'll play....even though I sucked in the trial.

[poopoo333]

I'll play even though I don't get it still

[MMA_scientist]

Im in if we get a few more confirmations. Don't want to play with 4 people.

[trotterz]

I'm in

[SPX]

Y'all call me when there's another normal contest starting up. I'll be happy to defend my title then.

[poopoo333]

Y'all call me when there's another normal contest starting up. I'll be happy to defend my title then.

Ludo, start it up.

[SPX]

You'll notice that no one's rushed to do it. Niggaz know I can't be beat.

[Ludo]

If this falls through I'll get another contest going ASAP. If it happens I plan to hold another contest at the conclusion of this one.

[mike]

You'll notice that no one's rushed to do it. Niggaz know I can't be beat.

i want a title shot >:[

[SPX]

I accept all challenges . . . all the time.

Someone's just gotta set it up. . .

[SPX]

BTW, I'll also take one-on-one challenges.

$20 a piece over 5 events. Money goes to Zak, then to the winner.

[mike]

lulz chill out x, i was messing with u. If i play, it would be just for fun. I win money from bmaker, not from us fellow IWS although the winning prizes are nice too HAHAHA

[SPX]

lulz chill out x, i was messing with u. If i play, it would be just for fun. I win money from bmaker, not from us fellow IWS although the winning prizes are nice too HAHAHA

Shit, these contests have helped me pay my rent.

I'm just saying, I ain't scared. If someone wants to take me on, I'll accept the challenge. Some one-on-ones could actually be pretty fun.

[mike]

I'll join the next contest for fun, and will try to rob ur rent money :)

[SPX]

I hope you like the feeling of a foot in your ass.

[Ludo]

I hope you like the feeling of a foot in your ass.

He said he was going to rob your rent money, not help you make the rest of it.

[Svino]

I accept all challenges . . . all the time.

OK... I challenge you to a "pick the right side of the line" contest. [trollface.jpg]

In any case, I've got me, Ludo, Poopoo, High5 saying they're in, and Scientist and trotterz saying they're in if we get enough people. That would be 6, is that enough?

How about you, Mike? We're restricting it to just Strikeforce and UFC; care to join?

[mike]

yeah. but i think i only have $10 in my paypal at the moment. I will transfer money in it as soon as i can and send it to you. it's $20 for the contest right?

[Svino]

yeah. but i think i only have $10 in my paypal at the moment. I will transfer money in it as soon as i can and send it to you. it's $20 for the contest right?

Yep. OK, Great!

[mike]

i pmed u already

[mike]

sent 20 bucks to ur acc, svino

[Svino]

Got it, thanks.

[RedHottG2]

Just saw this, don't know anything about MMA but will play "pick the right side of the line" for $20 on IWS. Svino send me a PM with paypal addy and I'm in. LET'S ROLL!!

[RedHottG2]

And where the hell is Zak and Luke in this deal ? I know nothing and I'm playing.. Like ESPN "C'mon Man"!!

::fight::

[RedHottG2]

Money sent via paypal, let's get it going. (still want Luke and Zak to get in) but if not let's play with who we got.




........................

[poopoo333]

inb4thenonMMAguykillsusall

[Mr. IWS]

And where the hell is Zak and Luke in this deal ? I know nothing and I'm playing.. Like ESPN "C'mon Man"!!

::fight::

::thumbdown::

lol

[MMA_scientist]

luke doesn't participate any more. Zak is just scared homie

[SPX]

luke doesn't participate any more.

Yeah, Luke is gay these days when it comes to contests.


Zak is just scared homie

Someone tell him I'm not playing . . . or am I?

[MMA_scientist]

. . . or am I?

Not sure why you wouldn't. Not that much different than the usual except that you can't vary your bet size. It is less about money management and more about straight capping. I think it will be a fun exercise

[SPX]

Let me see if I can borrow $20 from Luke. . .

[MMA_scientist]

I will spot you $20 (you won't be able to pay me back out of the winnings of course, since I will be winning this).

[SPX]

Well I appreciate that Scientist. Though I'm happy to say that there are many times in which I would not have even $20, since I'm a poor person, but right now I believe that I do. And so I will be joining this contest and destroying all of you.

[MMA_scientist]

I was going to say "psych" anyway. Prepare to lose your last remaining $20.

[SPX]

Were you really?

[MMA_scientist]

Yes.

[MMA_scientist]

double psych. No, I would float you.

[SPX]

LOL.

I was about to say, Damn, what an asshole!