YOU BET GAME - 2019

Greenlantern101

Super Hero And All Round Good Guy
Contributor
Welcome to the CTA betting game. Gambling with fake money on the F1 races for the 2019 season.
If you like a bet with Fake Money or 'Brogans' as they are called around here, you're in the right place.

No rule changes this year I think things ran pretty well in the 2018 game.

The rules

1. Do you want to play? Just post a message saying I want to play and you are in.

2. In each round you can ‘claim’ an income of £20. You can do this automatically by simply placing a bet or If you wish to claim this income without spending it just post a message saying ‘Bank’. Failure to do this will result in you not receiving the £20. You can ‘bank’ as many £20 incomes as you wish to save for a larger bet at a future race. You can use as much or as little of this claimed income as you see fit.

3. Your bank account balance will include your income (per rule 2) and your winnings. This bank balance can be used in full or in part to place bets with and will run throughout the game. Even if you spend all your money you can still claim your £20 income in the next race.

4. 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.

5. Maximum 1 bet per round (or the spread sheet would get even more complicated)

6. All bets are on the winner. Each way bets can be placed at 1/5th odds for a place 1st - 4th. 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.

7. The odds are taken from a randomly chosen betting shop and will be posted as soon as available. In the event of odds not being available I will make something up.

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 Watch out for Monaco, practice is on Thursday for some weird outdated reason that nobody can remember.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.

Example 1: Odds of 10-1
A £10 each-way bet on a 10-1 selection in a race and paying 1⁄5 the odds for a place 1, 2, 3 or 4 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) × (1/5)) + stake = £30
  • Total returns would be £110 + £30 = £140 if the driver won the race, but just £30 if the driver only finished second, third or forth.
Example 2: Odds of 5-1
A £10 each-way bet on a 5-1 selection in a race and paying 1⁄5 the odds for a place 1, 2, 3 or 4 would cost £20.
  • Returns on the win part of the bet would be £10 × (5/1) + stake = £60
  • Returns on the place part of the bet would be £10 × ((5/1) × (1/5)) + stake = £20
  • Total returns would be £60 + £20 = £80 if the driver won the race, but just £20 if the driver only finished second, third or forth, meaning you would break even.
Example 3: Odds of 2-1
A £10 each-way bet on a 2-1 selection in a race and paying 1⁄5 the odds for a place 1, 2, 3 or 4 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) × (1/5)) + stake = £14
  • Total returns would be £30 + £14 = £44 if the driver won the race, but just £14 if the driver only finished second, third or forth, meaning you would be down £6 from your initial stake money.

Wall of champions
2014 Fenderman
2015 Titch
2016 Greenlantern101
2017 Rufus McDufus
2018 Gethinceri

Here are the odds for Australia.
EVERYONE WELCOME. Good luck.

Lewis Hamilton - Merc 3/2
Sebastian Vettel - Fer 3/2
Charles Leclerc - Fer 11/2
Max Verstappen - RB 6/1
Valtteri Bottas - Merc 6/1
Pierre Gasly - RB 12/1
Daniel Ricciardo - Ren 12/1
Nico Hulkenberg - Ren 15/1
Sergio Perez - RP 50/1
Lance Stroll - RP 75/1
Romain Grosjean - Haas 100/1
Kevin Magnussen - Haas 100/1
Carlos Sainz - McL 150/1
Lando Norris - McL 150/1
Kimi Raikkonen - Alfa 150/1
Antonio Giovinazzi - Alfa 300/1
Daniil Kvyat - Toro 300/1
Alexander Albon - Toro 500/1
Robert Kubica - Will 1000/1
George Russell - Will 1000/1
 
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F1Brits_90

Race Winner
you know im in, Ill have 20 on the nose for Charles Leclerc, as Ive got high hopes for this guy this year (dont worry ill try to tone down the man crush this season :embarrassed:)

& dont start getting a big head just because of your award for best thread last month :D;)
 

Ruslan

Podium Finisher
OK....I am in.

So, let me get an explanation here.....if I bet $10 (as I don't have one of those weird pound symbols on my keyboard)......on someone at 3/2 odds...then what does it pay if he wins? And what does it pay if he places 4th?
 
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