You can always use text encryption for "pick escrow"

https://www.infoencrypt.com

Encrypt picks there as text with a pw you choose and paste the result in this thread

After all post their encrypted picks for the day, everyone posts their password so we can go to that site and view your picks

Then no shenanigans are possible

All picks due by 1pm eastern daily?

Nicholas,

This has already been addressed long ago and outlined in my post, picks will be emailed to an escrow for confirmation and posted itt by contestants after games start (or before if they don't care).

Infoencrypt or similar is no good unless there's an auto-decrypt timer or something. Otherwise people can just lose passwords on bad days. So then you have to have a penalty for that etc...

This gambling sure seems complicated. I have to ask, how much is a unit?

tyler,

a unit is a unit Its a fundamental measurement. So a unit is just "1". There arent dollars or pounds or cents or anything, there are just units.

That would be terrible, how will the beast chase his loses?

team tbab! Leggoooo

anyone interested in betting o/u on units that ship bet?

Can only do bofa and have like 15 minutess left, no time for escrow

Edit, something like $25-50 for fun

That's the whole point. He won't be able to, which will force him to have the discipline necessary to show just what an elite handicapper he is.

So, I assume that the amount of the win or loss would be based on the odds that the unit was "purchased" at?

Yes. American odds are kind of goofy to look at but that's the idea. Here's an article on how different odds are displayed, http://www.betshoot.com/odds-conversion/ . In this case you just use one for the amount wagered to get the contest score. 1 unit at -200 is 1 * 1/2 = .5 for a half a unit of profit for example.

tyler,

Correct. 1 unit bet on a 2-1 dog wins 2 units. 1 unit bet on a 2-1 favorite wins .5 units.

This lets people compare their results on the same scale regardless of the actual $ amounts they are betting.

tyler,

a loss will always be 1 unit, and a win will be based on whatever the odds were.

GS,

The site being used for the lines lets you view either American or Decimal odds: http://www.5dimes.eu/livelines

That's a good feature/site. I think decimal is an easier way to introduce someone.

I think we need to get a set of "practice" bets in today to test the system...

Thanks guys, I'm going to study that info and re-look over some of the stuff in the thread.

+1 Now I have some sort of clue what is going on.

Perhaps I'm missing something here, but consider this scenario:

10am: Beast books his True Lock home Giants at -145, and sends his pick to Alobar.

2pm: G10 decides to bet the Giants, and the line moved to -140, and sends his pick to Alobar.

Alobar is out climbing the Grand Canyon or something like usual, and records the bet the next morning. How is he able to verify that the line was where they say it was when they book their imaginary 1U bets?

Screenshot. Should be screenshots anyway because otherwise it allows for intentional/unintentional typos. Easier to just grab the bet screen than to type "whoever at -140" when it was really -160.

oh god, just ****ing post lines in the morning and then pick from them. they are not even betting them.

keep it simple stupid

there are several sites that track line movements at online sportsbooks..

Amead,

Already addressed. They post a screenshot of the bets they make.

If there are any disputed lines, judges can address.

screenshots aren't very save

I graded a best bet thread for many months, and I just used sbrodds.com, whenever someone posted a line and the site they bet it, you can verify what the line was at the time they bet it.

also was the "judge" on a $1k prop bet on whether or not someone would be up or down units after 150 bets, used the same site.

if they're using 5d, that's pretty simple to check. hell there are people here that have spreadsheets with scraped data of every line movement from open to close...

if you think I'm gonna watch this and not point out if someone is posting better lines than were available at the time of their post, you're really wrong.

you should also make a rule that no one is allowed to edit their posts when posting a pick... in the 30 minutes you can edit, a line can move a lot. if someone were to post a game with -144 odds and it moved down to say -132, there's nothing to stop them from editing in the new price.

I guess mods can see edits though right?

wiper,

Yes, but that doesn't matter. The picks are only posted after they've emailed them to the escrow. So if they edit and change the line, it won't match the escrowed pick.