Circa Survivor

boston massacre said:
Those Future Bets Have Liability attached to Them.

That 31 Million Stevens is Holding is Getting Interest , which has ZERO Liability attached to it.

310k for Free.
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If the future book is relatively balanced, there is virtually no liability. Future books have a pretty large theoretical hold %.

It's really funny looking at the future book lines for a decent NFL team to go 0-17. The win $ liability of the NO bet is much less than the interest CIRCA gains over the 4 to 8 months from when the bet is made to the time it is graded.
 
ComptrBob said:
If the future book is relatively balanced, there is virtually no liability. Future books have a pretty large theoretical hold %.

It's really funny looking at the future book lines for a decent NFL team to go 0-17. The win $ liability of the NO bet is much less than the interest CIRCA gains over the 4 to 8 months from when the bet is made to the time it is graded.
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Correct.

They need to do a Little work on Futures to create Zero Liabilty.

The contest money is a deposit only with Guarantee Profit.
 
Sportsrmylife said:
Imagine how much these predictiom markets are earning off of interest on all this presidential bets that wont close for a long time.
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Money market rates are in the 3's, you're obsessing over crumbs. the total volume this far out is likely very small anyway.
 
i remember Artie Moreno sold 13 possible playoff games, the Angels only played 1 that yr, it took him 6 months to refund the money, and was also begging people to have it go to next yrs season ticket packages. Ticketmaster also a very slow refunder of canceled shows
 
mr merlin said:
Not to us but people walk up and bet $100K or more a hand at casinos.
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There's Wealthy people in the world who can take the risk and Casinos who will accept the risk.

But earning 310k for doing nothing for 4 months and also not concerned about any of the 310k being at risk is a whole different situation.

If you were asked to run the 31 mil. Dollar Circa Contests for 4 months and were paid with the earned interest , would you Accept ?

I think so.

And the guy who offered you the job isn't the one paying you.

The bank is paying you.

Good deal for you and circa owner.

He pays you with the Bank's Money.
Not his money.

I know about 100,000 rolls and million dollar wagers on the super bowl.

That's risk and reward.

I'm referring to Reward no Risk.
 
Occurred to me that the 5.685M in Circa Million 7 contest was short of the 6M guarantee so 315k was added by Circa.

Also quarterly prizes were paid out after each quarter cutting into the float. Kind of evened out.
 
boston massacre said:
There's Wealthy people in the world who can take the risk and Casinos who will accept the risk.

But earning 310k for doing nothing for 4 months and also not concerned about any of the 310k being at risk is a whole different situation.

If you were asked to run the 31 mil. Dollar Circa Contests for 4 months and were paid with the earned interest , would you Accept ?

I think so.

And the guy who offered you the job isn't the one paying you.

The bank is paying you.

Good deal for you and circa owner.

He pays you with the Bank's Money.
Not his money.

I know about 100,000 rolls and million dollar wagers on the super bowl.

That's risk and reward.

I'm referring to Reward no Risk.
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I'm a cheap bastard, I would scrounge for every nickle, I'm not sure casino owners are like me however.
 
we saw from grandissimo nobody was talented enough to take an underdog on thanksgiving when greenbay was ab obvious play. so its not hard to take an under dog when you have 100+ entry.
 
so just watched the check ceremony, 2 of the survivor winners were the same group, 7 man group, they might have had 1000 entries counting beards;
 
That will continue to happen.

The pot will continue to Grow and Grow.

Grown every year since it's inception.

A Lone Wolf entering with 1 Entry has ZERO % Chance to win.

1 Entry.

20 in a Row .

Forget About it.
 
boston massacre said:
That will continue to happen.

The pot will continue to Grow and Grow.

Grown every year since it's inception.

A Lone Wolf entering with 1 Entry has ZERO % Chance to win.

1 Entry.

20 in a Row .

Forget About it.
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Except for Woodscum. 1 entry, 20 weeks no problem! 0 entries, 20 weeks even less of a problem!
 
I even hear he is negotiating an NIL with Coach Day to kick the rock at the Ohio State. Pushing 60 not a problem for the Boomer Buckeye! He can also kick field goals 60 yards!
 
Hey, Patrick. It's not forum status I want. You completely missed the fairway on this one. It's forum revenge and there are several posters on the list. Woodscum is at the top.
 
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