Week 1 Bet Against The Bookie
Posted: Sat Sep 01, 2007 3:49 am
For those who remember zilla running this last season, he don't have the motivation this season. So for those interested in playing i'm taking it over with his assistance I hope......
ALL BETS ARE FOR FUN, NO REAL MONEY IS INVOLVED!!!
For those who don’t know how it works, I’ll try to explain it the best I can. Bookies don’t care what NFL team wins in a particular game. They want 50% of the gamblers money on one team and the other 50% on the other team. Bookies make their money 10% off the gamblers that lose. When the bets start favoring one side, the line will move in attempt to keep the money 50-50 for both teams.
Example:
Two players bet on the same game, but pick opposite of each other. Say both players bet $110 to win $100. The Bookie is now holding $220 the Bookies don't care what players win because he knows that he only has to pay out $210 to the winner. Seems small, but when thousands of dollars are bet on a game 10% adds up! I’m not sure if Bookie percentages have changed over the years, but for easy math we will stick with the 10%
BTW…A push is a push and the player gets all of his/her money back, neither the bookie nor the player wins.
You can bet zero to 3 games, no penalty for missing a week.
To make math easy for me, all bets must be made in any of the following amounts…
$11, $22, $33, $44, $55, $66, $77, $88, $99
You can’t bet over a total of $100 per week unless you have more than $100 in your account. Right now everyone’s account is zero.
($11 to win $10) ($22 – $20) ($33 – $30) ($44 - $40) ($55 - $50) ($66 – 60) ($77 – $70) ($88 - $80) ($99 - $90)
Make picks like this…
Example:
TB –1 ($11)
DET +2 ($55)
Total Wager $66
The pool will close at the start of the early games on Sunday.
I will list the odds to each week from: http://www.betus.com/sportsbook/nfl-football-lines.aspx 8/31-07 830pmEST
Thursday, Sept. 6
New Orleans Saints +5.5
at
Indianapolis Colts -5.5
Sunday, Sept. 9th
Kansas City Chiefs +3
at
Houston Texans -3
Denver Broncos -3.5
at
Buffalo Bills +3.5
Pittsburgh Steelers -4.5
at
Cleveland Browns +4.5
Tennessee Titans +6.5
at
Jacksonville Jaguars -6.5
Carolina Panthers -1
at
St Louis Rams +1
Philadelphia Eagles -3.5
at
Green Bay Packers +3.5
Atlanta Falcons +3
at
Minnesota Vikings -3
Miami Dolphins +3
at
Washington Redskins -3
New England Patriots -7
at
New York Jets +7
Tampa Bay Buccaneers +6
at
Seattle Seahawks -6
Chicago Bears +6
at
San Diego Chargers -6
Detroit Lions +1
at
Oakland Raiders -1
New York Giants +5
at
Dallas Cowboys -5
Monday, Sept. 10th
Baltimore +3
at
Cincinnati -3
Arizona +3.5
at
SanFrancisco -3.5
ALL BETS ARE FOR FUN, NO REAL MONEY IS INVOLVED!!!
For those who don’t know how it works, I’ll try to explain it the best I can. Bookies don’t care what NFL team wins in a particular game. They want 50% of the gamblers money on one team and the other 50% on the other team. Bookies make their money 10% off the gamblers that lose. When the bets start favoring one side, the line will move in attempt to keep the money 50-50 for both teams.
Example:
Two players bet on the same game, but pick opposite of each other. Say both players bet $110 to win $100. The Bookie is now holding $220 the Bookies don't care what players win because he knows that he only has to pay out $210 to the winner. Seems small, but when thousands of dollars are bet on a game 10% adds up! I’m not sure if Bookie percentages have changed over the years, but for easy math we will stick with the 10%
BTW…A push is a push and the player gets all of his/her money back, neither the bookie nor the player wins.
You can bet zero to 3 games, no penalty for missing a week.
To make math easy for me, all bets must be made in any of the following amounts…
$11, $22, $33, $44, $55, $66, $77, $88, $99
You can’t bet over a total of $100 per week unless you have more than $100 in your account. Right now everyone’s account is zero.
($11 to win $10) ($22 – $20) ($33 – $30) ($44 - $40) ($55 - $50) ($66 – 60) ($77 – $70) ($88 - $80) ($99 - $90)
Make picks like this…
Example:
TB –1 ($11)
DET +2 ($55)
Total Wager $66
The pool will close at the start of the early games on Sunday.
I will list the odds to each week from: http://www.betus.com/sportsbook/nfl-football-lines.aspx 8/31-07 830pmEST
Thursday, Sept. 6
New Orleans Saints +5.5
at
Indianapolis Colts -5.5
Sunday, Sept. 9th
Kansas City Chiefs +3
at
Houston Texans -3
Denver Broncos -3.5
at
Buffalo Bills +3.5
Pittsburgh Steelers -4.5
at
Cleveland Browns +4.5
Tennessee Titans +6.5
at
Jacksonville Jaguars -6.5
Carolina Panthers -1
at
St Louis Rams +1
Philadelphia Eagles -3.5
at
Green Bay Packers +3.5
Atlanta Falcons +3
at
Minnesota Vikings -3
Miami Dolphins +3
at
Washington Redskins -3
New England Patriots -7
at
New York Jets +7
Tampa Bay Buccaneers +6
at
Seattle Seahawks -6
Chicago Bears +6
at
San Diego Chargers -6
Detroit Lions +1
at
Oakland Raiders -1
New York Giants +5
at
Dallas Cowboys -5
Monday, Sept. 10th
Baltimore +3
at
Cincinnati -3
Arizona +3.5
at
SanFrancisco -3.5