F.B.F.L
NFL 2007-2008
email: thefbfl@gmail.com
Welcome to the F.B.F.L.
What is the F.B.F.L?
The F.B.F.L or Fake Betting Football League is designed to give the member the thrill of betting on game after game all season long without the risk of financial loss or breaking the law.
How does it work?
Each member of the F.B.F.L will be issued 1,000 credits at the beginning of the season. Every week, the member is required to bet a minimum of half their current credits or as much as he/she would like. Betting may be done on the NFL games of the member’s choice for that week. The member does not have to bet on all the games that week but must bet on at least two games until the end of the season when only one game remains. The bets are placed on the outcome of the game. The outcome is determined by a straight, old fashioned, win or loss. Spreads do not count in this league.
Money Lines: We will be using a money lines this season. This money line will be posted the week before the games to be wagered on. The money line will make the game more interesting. Money lines are like odds. You win more by betting on the under dog than by betting on the favorite. When the money line is +/- 100 it is the same as even money (you win what you bet).
Money Line Formulas:
If the member correctly picked the winner of the game he/she bet on, then his/her account will be credited the proper number of credits. If he/she picked a favorite (negative money line) the amount won will be [(bet x 100)/moneyline]. If he/she picked an underdog (positive money line) then the amount won will be [(bet x moneyline) / 100] If he/she chose incorrectly, the number of credits which were wagered will then be deducted from the member’s account. If the games result is a tie, then the member does not gain or lose any credits. Remember, a member may bet on as many games per week as he/she chooses. If a member does not place the bets for the week on time, then his/her account will automatically be deducted half of their remaining credits. Important reminder: Be cautious with your betting. There are 17 weeks to the regular season plus playoffs and the Super bowl. Once a member runs out of credits, there is no way to earn more.
Deadline for weekly bets. The deadline for the weekly bets is Thursday afternoon at 12pm. before that weeks games. If bets are not received by this time, then it will be considered a "NO BET" wager and half of the remaining credits will be deducted. For the weeks that have Thursday games, the bets are do by Wed at 12pm.
League Prizes:
The leagues membership fees will be put into a pool. At the end of the season the leagues pool will be distributed to the five members with the most credits. The pool will be distributed as follows:
1st Prize = 50% of pool
2nd Prize = 20% of pool
3rd Prize = 15% of pool
4th Prize = 10% of pool
5th Prize = 5% of pool
Weekly Wagers:
******Important. Please read. ******
A minimum of half of the member's credits must be wagered per week on the NFL games of choice. A minimum of two games must be bet on each week until the Super bowl. No more than your 75% of your weekly bets may be placed on an individual game. Example, If a member wishes to wager on two games this week for a total of 1000 credits, then no more than 750 of those credits may be on one game. All wagers for the week must be emailed to me at thefbfl@gmail.com by Thursday at 12pm for that weeks games.
Bets should be placed in the following fashion. Amount being bet on team over team. ex. 30,000 on Philadelphia over New York , 15,000 on Green Bay over Tampa Bay.
Membership Fees:
Membership Fees are $100 for the season and must be paid in cash prior to the season’s start. 90% of the membership fees goes towards the cash prize. 10% goes to the host for website fees and maintenance.
Each Member may have more than one account.
FBFL 2007 Prizes:
Current Prize Pot: $3240
1st prize: 1620
2nd prize: 648
3rd prize: 486
4th prize: 324
5th prize: 162
Current Members:
Rob Wetmore (paid)
Lance Aquino
Dale Pasko (paid)
Jason Rezac
Matt Duddy(paid)
Terry Duddy (paid)
Doug P (paid)
Tom Willliams (paid)
Tom Warren (paid)
Mike E (paid)
Bill Sames (paid)
Jim Chrapowicz
Brad Maer (paid)
Chris Grys (paid)
Shaen H
John G (paid)
Billy D
Beth Heiser (paid)
Steve I (paid)
Ken R (paid)
Steve Marciniak (paid)
Tony Stanley (paid)
Chris Bigg
Chris Hanna (paid)
Fred M (paid)
Scott Walker 1 (paid)
Scott Walker 2 (paid)
Dave Yeomans(paid)
Charlie Raineri (paid)
Mike B. (paid)
Jim D. (paid)
Craig G (paid)
Doug D (paid)
Marcus Cudd (paid)
Samir (paid)
Rachel and Scott