2024 FFBL
Rules
Welcome
to the 24th year of the Fantasy Football Bookie League (FFBL)
The
object of the game is to simulate real football betting as closely as possible
but add the luxury of “limited loss”. The entry fee will be $60.00,
in which $50.00 of each entry goes into the pool. The additional $10.00
goes toward administrative costs.
The entry fee will be due before the players can wager. There will be NO
grace period on the entry fee. Checks will be cashed upon receipt. You can also
pay through Venmo or Cash App.
The
Rules:
The
entry fee will start a player out with 2000 Pts.
Each player must make at least 6
bets
per month for a total of 600 points per month. The game will last for
six months: ( Sept, Oct, Nov, Dec, Jan, & Feb.). Any player that doesn’t
match these betting minimums will be charged a 400-point penalty. Even
if a player makes seven bets for 1000 points, the 400-point penalty will be
accessed. This is normally not a problem but please keep up with your
own plays. It is not the responsibility of the commissioner to warn a player of
missing the minimum.
The
first week will be Saturday August 26, 2023.
All betting lines will be texted to each player on Thursday or when lines become
available. Bets will continue through the Super Bowl
(sorry, the Pro Bowl is on your own). This includes any special bets that may be listed for the playoffs.
“Proposition bets”, such as 40:1 for the first score of the Super Bowl to be
a safety, will be allowed (as long as
they show up in the on the sheet that I send to each of you).
All
betting lines will come from the Thursday edition of the USA Today by Danny
Sheridan. I will email or text all players a copy of the lines on Thursday. All
Saturday College bets must be made by 11:00 A.M. Saturday morning.
All other bets must be posted before game time. There
will be no tolerance for games called in late.
The maximum bet is 550 points
for straight bets and 500 points for parlay and teasers.
The minimum is 100 points.
Straight
bets pay 10/11 money. That is, to
win 100 you must call in a bet of 110 points.
The
necessary points must be in your account before you can bet them. On a bet that
goes over the amount available in your account, the bet will be accepted for the
amount you have available and other bets made before the completion of the
“short” game will be cancelled. This
is a difficult situation for the commissioner so please take extreme care to not
allow it to happen.
The
following parlay and teaser rules come directly from the Circus Circus wagering
guide. (For those of you who do not know, any team in your parlay or teaser that
does not cover the spread will cause your parlay or teaser to lose).
Actually, that is not true. As
stated in the teaser rules, any 2-Team teaser with a tie constitutes “No
Action”. I have confirmed this
with several casinos in Vegas. Therefore, if you have a loser on a 2-team teaser
and the other game is a push, the whole bet is a push. (The reasoning behind
this is that if you have a winner and a push, it is a push also).
You may only play a 6 point teaser when playing over/under in
NFL games.. If you push playing a six point over/under total you
will lose your teaser bet.
Parlays:
2 Team---
Wins 13/5
3
Team--- Wins 6/1
4
Team--- Wins 10/1
5
Teams--- Wins 20/1
In the event of a tie, a
two- team parlay becomes a straight bet. A tie in a three or more team parlay
reduces the parlay to the next lower betting bracket. Thus, a four- team parlay
becomes a three-team parlay, etc.
Teasers
6pts
6.5pts
7pts
2
Team Wins
10/11
5/6
5/7
3 Team Wins
9/5
8/5
3/2
4 Team Wins
3/1
5/2
2/1
5 Team
Wins
9/2
4/1
7/2
6 Team
Wins
7/1
6/1
5/1
In
the event of a tie, a two-team teaser constitutes “ NO ACTION “. A tie
in a three or more team teaser reduces the teaser to the next lower betting
bracket.
Unless
otherwise specified, a teaser will go as a 7-pt teaser.
Only 6-pt teaser may be used when playing an over/under. If you push
playing a 6-point over/under you lose the bet.
Final
Payoff:
60% of
the “pool” will go to the person with the most points.
25%
of the “pool” will go to the person with the second most points.
15%
of the “pool” will go to the person with the third most points.
Note: If there is not a third place
winners, first will receive their 60%, second their 25% and the additional 15%
will be divided among the two.
Note:
A player’s score must exceed 2000 points to be eligible to receive any
winnings.
Placing
Bets:
When
emailing/texting in your bets, please type the team mascot for Pro picks and the college name
for college picks. This takes out any confusion of whether “ Tennessee “
means the Vols, or the Titans. I will have the results listed on my web page (http://www.possumfootballleague.com/ffbinfo.htm).
I will have results posted by Wednesday evening. Because
of the possibility of result errors only being reported when they are against
the player, each player should report their week date total on Monday. This
should also include any outstanding bets that involve the Monday night game. Any
discrepancies will be noted and discussed ASAP. If a player does not
report week date totals, the total that the commissioner figures will be
considered official and no objections can be made for that week’s total.
I will
accept (and encourage) picks via e-mail or text. My e-mail address is
billybond1965@gmail.com
Please
send me a test e-mail before making your first pick, that way, I will be sure
all of your picks get to me. I will send my picks to all players who send their
picks through e-mail.
I
will allow a player to buy back in only after all of his points are gone. The
player must buy back within three-week period. A player can buy back for
$25.00. This player will be awarded half of the total points (1000).
GOOD LUCK!!!