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HOW IT WORKS

At the beginning of the season, users will be able to make a bet about what a team's record will be at the end of the regular season. I will be taking these bets until the end of the Pre-Season. 1000 gold per team. Bettors will be paid according to their accuracy. If the prediction you make is three to five points off of the team's actual Regular Season record, then you will only lose half of your gold to the pot. If you are more than five points off, then you will lose all of your gold to the pot. If you are within two points, then you will lose none of your gold, and will gain a percentage of the pot. If you are one point off or are spot on, then you will split the pot. Example:

1- Prediction - 13-3 Actual - 11-5
2- Prediction - 9-7 Actual - 11-5
3- Prediction - 3-13 Actual - 3-13
4- Prediction - 8-8 Actual - 12-4
5- Prediction - 7-9 Actual - 1-15
6- Prediction - 2-14 Actual - 6-10
7- Prediction - 11-5 Actual - 7-9
8- Prediction - 5-11 Actual - 10-6
9- Prediction - 12-4 Actual - 11-5
10- Prediction - 11-5 Actual - 7-9

Spot On Or One Off - 2 (2,250 Gold Each)
Two Off - 2 (1,250 Each)
Three To Five Off - 5 (500 Each)
More Than Five Off - 1 (O Gold)

10,000-COMMISSIONS(500)=9,500-2,500=7,000-2,000=5,000-500=4,500

So, as modeled above, ten people made bets. Two were spot on or one off, two were two off, five were within three to five points, and one was more than five off. That one lost all of their money. Once the pot is counted, Commissions are taken (5%). Then those that were three to five off get half of their gold back. Then those who were two off got their gold back and then split 10% of what remains in the pot. Then what is left of the pot is divided between those that were one point off or spot on.

Of course, this is a very simplified version of what will happen. I am expecting that people will probably be making bets on multiple teams and the pot, and thus the winnings, will be much greater.

HOW TO PARTICIPATE

Below, there is a post where I will list every team in the NFL. Underneath every team's name, I will have a list of every bettor who made a bet on that team, and the record they predicted.

To submit a bet, you send the proper amount of gold to the Guild Mule, and you PM me with who you betted for, and the record you predict them to have.

At the end of the regular season, I will pay out to the winners, and I will delete that season's predictions in preparation for the next season's predictions.

Please PM me with any questions.

Argus Plexus, Guild Captain