FUETBALL PUELE PARLAY GAME
RULES:
Parlay is a collection of individual bets. For instance, choosing if Team A will beat Team B by 4 points is considered a bet. This is denoted by the Point Spread. If Team A is favored to win by 4 points, their odds would look like Team A (-4.0) and consequently Team B (+4.0) meaning they need 4 points to beat the spread. Additionally, there’s other bets one can place such as combined points (over/under), or against/for the money line. You can see these bets as noted as (+110) or higher.
The Parlay takes multiple individual bets for a higher payout. For instance, an individual bet with a money line of only (+110) means the bettor would only win approximately $10 based on a $100 bet. However, if the bettor is willing to make five (5) individual bets of varying odds, then the payout if all are correct could be much higher. Mathematically, the payout for a 5-bet parlay could be 2.5 times an individual bet. It could be higher based on the odds. However, it is this higher payout that makes the higher risk incentivizing.
So these are the basics and there are additional rules and odds to keep in mind. For our pool, we are going to make this much simpler, especially for the EXPERIMENTAL PERIOD. The first two (2) weeks will play with House Funds where players could play a 5-Bet Parlay simply by picking which teams they think will win this week (think of this as Last Person Standing times five!). If anyone gets all give picks correct, they will win the designated pot. If there are multiple card winners, the pot will be split.
FULL PLAY PERIOD Additional Rules:Â Â
During Full Play Period, each 5-Bet Parlay Card will cost $5 (this is $1 per bet). The pot will be based on number of player contributions. Prizes will be based on the number of players, risk of each parlay bet, and funding for future pots. If there’s no weekly winner(s), the weekly prize pot will roll-over for the next week at a higher payout!
Since this is House Funds, you cannot request for a refund or payout without playing and winning a 5-Bet Parlay. You must get all five (5) games correct. If a game is cancelled, the card will resort to a 4-Bet Parlay. This will result in a lower payout. If the game results in a tie, then the card will resort to a 4-Bet Parlay. If the game is postponed, the card will resort to a 4-Bet Parlay. The amount of the designated prize pot will be advised by the pool host each week. If there are no winners for the week, the pot will roll over to the next week.
Parlay Cards can be purchased at four (4) for $20. A player may choose to submit as many 5-Bet Parlay Cards a week or save some for future weeks. Additional cards may be purchased during the Regular Season. Remember, each card is worth $5 and the prize pot will be based on total $5 bets (or cards) submitted each week.
PARLAY PICKS:
FULL PLAY PERIOD
WEEK 18 PARLAY PICKS (5-BET PARLAY CARD)
{All Picks must be submitted by Friday, January 3rd by NOON! Â Check to see you received your picks – if not, check with Pool Host}