"Pick the right side of the line" contest idea

[Svino]

I had an idea for a contest format, so I just thought I'd throw it out there and see if there was any interest.

The idea would just be to pick the correct side of the line for as many fights as you can. It could be done like this: I would post no-vig lines for every fight on the card (to make it simpler and encourage betting) and then every bet would be a single-unit fixed-swing bet.

For example I would take book lines like:

Gilbert Melendez: -365 (~78%)
Jorge Masvidal: +285 (~26%)

And turn them into (rounding off a little):

Gilbert Melendez: -300 (75%)
Jorge Masvidal: +300 (25%)

And you could either bet 0.75 on Melendez to win 0.25, or bet 0.25 on Masvidal to win 0.75.

I think it would be interesting, though I realize it wouldn't have the wild gun-slinging nature of the other contests.

[Ludo]

I could get into that.

[MMA_scientist]

I like it. Make it happen.

[SPX]

Sounds interesting. I'd play.

[trotterz]

I would be in also

[poopoo333]

I don't get it but I'll play

[SPX]

I'm also a little confused, but I didn't want to be the first to say it.

[Ludo]

ya'll are retarded. He explained it pretty clearly. He takes vigged lines and takes the vig out so that the win percentages equal 100% in the end and sets lines to rounded figures. You then pick which side you want to be on. If one side is -300 and the other is +300 thats 75% and 25% respectively. You can bet on the -300 to win .25u or the +300 to win .75u.

Whats so hard about that?

[SPX]

Oh okay, makes sense.

[Svino]

Cool. I think we got enough people signing in to make a go of it. That leaves the questions:

Do we want the contest to be for cash moneys or just bragging rights? (If it's for money, I'll still participate but exempt myself from winning to avoid appearance of impropriety.)

What (or how many) events do we want to cover?

[sbjj]

Sonnen 1 unit @ +250. He just has Silvas number.

[Luke]

This place is out of control today .

[Svino]

Sonnen 1 unit @ +250. He just has Silvas number.

[SPX]

Cool. I think we got enough people signing in to make a go of it. That leaves the questions:

Do we want the contest to be for cash moneys or just bragging rights? (If it's for money, I'll still participate but exempt myself from winning to avoid appearance of impropriety.)

What (or how many) events do we want to cover?

I'm good with whatever. . .

[Ludo]

I'm good with whatever. . .

Your no help at all.

I'd prefer if we did the first one as more of a "trial run" to see how it goes. Maybe try it for 5 events or something just to get all the mechanics worked out.