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YOU BET GAME - 2017

Discussion in 'Fun & Games' started by Greenlantern101, Mar 3, 2017.

  1. Greenlantern101

    Greenlantern101 Super Hero And All Round Good Guy Contributor

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    Welcome to the CTA betting game. Gambling with fake money on the F1 races for the 2017 season.
    If you like a bet with Fake Money you're in the right place.

    The bookies is now open

    How to play:

    The rules.
    1. Do you want to play? Just place a bet and you will be automatically entered in the game. You will be credited with £10 CTA pounds (no actual monetary value) for every remaining race (20 this season). For example: If you place a bet on the first race you would be credited with £200 CTA pounds. Or if your first bet is the 3rd race in the season you would be credited £180 CTA pounds etc etc.
    2. Maximum 1 bet per round (or I would have to rewrite the spread sheet.) You can bet as much or as little as you want. Just remember it's a long season.
    3. All bets are on the winner. Each way bets can be placed at 1/3rd odds for a place 1st - 3rd. All winning bets are calculated by spreadsheet formula based on this wiki page. If you are unsure how each way betting works please see the examples below.
    4. The odds are taken from a randomly chosen betting shop and will be posted as soon as available.
    5. To place a bet, post in this thread, stating your driver to win, your money and if you are betting 'each way'. Just remember each way bets cost double the stated amount. Please see the examples below.
    6. (The dreaded Rule 6) You don't have to place a bet in every round, however placing a single bet then sitting out the rest of the year with your stake money untouched is not in the spirit of the game. So if no bet is placed for 3 consecutive races, you will automatically place a £30 bet on Marcus Ericsson in the 3rd race. (Sorry Marcus)
    7. Once you're bust it's game over, no re-entries. So make that stake money last.
    8. All bets must be in before midnight UK time, the day before 1st practice or they wont be counted. Watch out for Monaco, practice is on Thursday for some weird outdated reason that nobody can remember.
    9. I will post everyone's balance only after the official race result is announced.
    10. If your driver doesn't run in the race for some reason your money will be refunded.
    11. The player with the most money at the end of the season is the champion and gets added to the wall of champions. Other 'special' awards will be given out at random for which ever reasons I see fit :)

    Wall of champions
    2014 Fenderman
    2015 Titch
    2016 Greenlantern101

    Example 1: Odds over 3-1
    A £10 each-way bet on a 10-1 selection in a race and paying 1⁄3 the odds for a place 1, 2, or 3 would cost £20.
    • Returns on the win part of the bet would be £10 × (10/1) + stake = £110
    • Returns on the place part of the bet would be £10 × ((10/1) × (1/3)) + stake = £43.33
    • Total returns would be £110 + £43.33 = £153.33 if the driver won the race, but just £43.33 if the driver only finished second or third.
    Example 2: Odds of 3-1
    A £10 each-way bet on a 3-1 selection in a race and paying 1⁄3 the odds for a place 1, 2, or 3 would cost £20.
    • Returns on the win part of the bet would be £10 × (3/1) + stake = £40
    • Returns on the place part of the bet would be £10 × ((3/1) × (1/3)) + stake = £20
    • Total returns would be £40 + £20 = £60 if the driver won the race, but just £20 if the driver only finished second or third, meaning you would break even.
    Example 3: Odds of less than 3-1
    A £10 each-way bet on a 2-1 selection in a race and paying 1⁄3 the odds for a place 1, 2, or 3 would cost £20.
    • Returns on the win part of the bet would be £10 × (2/1) + stake = £30
    • Returns on the place part of the bet would be £10 × ((2/1) × (1/3)) + stake = £16.66
    • Total returns would be £30 + £16.66 = £46.66 if the driver won the race, but just £16.66 if the driver only finished second or third, meaning you would be down £3.34 form your initial stake money.

    Here are the odds for Melbourne.
    Good luck everybody.

    Melbourne Odds.png
     
    Last edited: Mar 4, 2017
    racecub and cider_and_toast like this.
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  3. Greenlantern101

    Greenlantern101 Super Hero And All Round Good Guy Contributor

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    I'll go with £10 on Hamilton to win. Nice and safe LOL
     
    Last edited: Mar 3, 2017
  4. rufus_mcdufus

    rufus_mcdufus Race Winner

    20 on Vettel each way please.
     
    Greenlantern101 likes this.
  5. Titch

    Titch Mine is the best pink car on the track. Premium Contributor

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    Wow that's brave rufus_mcdufus, and expensive ! :o

    I'm playing safe. A cautious £10 on Hamilton please.
     
  6. teabagyokel

    teabagyokel In the zone. Valued Member

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    £15 on Sebastian "What are we ****ing doing here?" Vettel e/w.
     
    Greenlantern101 likes this.
  7. Greenlantern101

    Greenlantern101 Super Hero And All Round Good Guy Contributor

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    Titch former champion back most excellent. teabagyokel LOL
     
  8. cider_and_toast

    cider_and_toast Everything in moderation Staff Member Premium Contributor

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    Sign me up.

    10 e/w on Seb please.
     
    Greenlantern101 likes this.
  9. Olivier

    Olivier Race Winner

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    I'll try for the first time. £10 on Kimi please :popcorn:
     
    Greenlantern101 likes this.
  10. Greenlantern101

    Greenlantern101 Super Hero And All Round Good Guy Contributor

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    New player. Woohoo. Welcome aboard Olivier
     
    cider_and_toast likes this.
  11. Hamberg

    Hamberg FOTA VIP, I've got the avatar to prove it :) Contributor

    £20 e/w Bottas
     
    Greenlantern101 likes this.
  12. The Pits

    The Pits Harumph. Again. Valued Member

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    Please mr bookie sir may i place 20 of your generously donated virtual pounds each way on Sebastian "potty mouth" Vettel (40 outlay)

    Many thanks
     
    Greenlantern101 and teabagyokel like this.
  13. gethinceri

    gethinceri Bearded. Contributor

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    I would firstly like to point out that I seem to recall that we traditionally bet with Brogans as the currency rather than pounds, also that builders will have an advantage if I read the second sentence of the original post correctly,

    10 Brogans each way on Vettel, please Greenlantern101.
     
    Jos the Boss, teabagyokel and Hamberg like this.
  14. Greenlantern101

    Greenlantern101 Super Hero And All Round Good Guy Contributor

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    Brogans, CTA pounds, Altarian Dollars, gold dragons, monopoly money. Whatever. They ain't real. :p
     
    gethinceri likes this.
  15. The Pits

    The Pits Harumph. Again. Valued Member

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    What about the gables?
     
  16. Greenlantern101

    Greenlantern101 Super Hero And All Round Good Guy Contributor

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    I fixed that. I had to read that about 10 times before I noticed the missing M. This happens to me a lot, I'm rather blind to things like that.

    I have no idea why it still says gabling and not gambling in the featured thread on the home page cider_and_toast?
     
    Last edited: Mar 5, 2017
    cider_and_toast and The Pits like this.
  17. The Pits

    The Pits Harumph. Again. Valued Member

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    I apolgise for being really pedantic, and also for encouraging gethinceri
     
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  18. cider_and_toast

    cider_and_toast Everything in moderation Staff Member Premium Contributor

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    Greenlantern101 should be sorted now.
     
    Greenlantern101 likes this.
  19. Titch

    Titch Mine is the best pink car on the track. Premium Contributor

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    I was looking forward to a few race meetings on the gables! Good view.
     
  20. gethinceri

    gethinceri Bearded. Contributor

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    Ruined my joke.
    One of us looks like a cock now.
    Me.
     
    Titch likes this.
  21. The Pits

    The Pits Harumph. Again. Valued Member

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    At least you're used to it.
     
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