Super Bowl pools
- Zeppcoustic
- Posts: 288
- Joined: Sun Aug 21, 2011 9:17 am
- Location: South Texas
Super Bowl pools
Any participants out there?
Our department does the standard 100 box grid at $5/box.
Our department does the standard 100 box grid at $5/box.
Re: Super Bowl pools
Yup, same here. I got two boxes, $10 total investment
Go 49ers!
Go 49ers!
Re: Super Bowl pools
Very poor investment option. Risk $5 and likely lose it all with a 1% chance of winning
Re: Super Bowl pools
It's a good investment, because it makes the game more interesting.crowd79 wrote:Very poor investment option. Risk $5 and likely lose it all with a 1% chance of winning
Re: Super Bowl pools
Especially if you get some decent numbers. 3-3, 0-0, 7-7, 3-7, 0-7, 0-3, 7-3 ect.Kevin21 wrote:It's a good investment, because it makes the game more interesting.crowd79 wrote:Very poor investment option. Risk $5 and likely lose it all with a 1% chance of winning
Ive decided that 5-5 box is the worst.
- Random Musings
- Posts: 6772
- Joined: Thu Feb 22, 2007 3:24 pm
- Location: Pennsylvania
Re: Super Bowl pools
With most pools paying out by quarter, chances of winning are more than 1% (before one receives what there numbers are). Expected payout, of course, is 1%.
Odds based on numbers drawn - 1994-2005 (there is a link for an app with current info) It looks like 2,2 was the worse in the article, don't know if the app with current info has come to a different conclusion based on current NFL info.
For $5, not a big deal. I'm sure everyone on this board would be critical about some aspect of how people spend/save their money.
RM
Odds based on numbers drawn - 1994-2005 (there is a link for an app with current info) It looks like 2,2 was the worse in the article, don't know if the app with current info has come to a different conclusion based on current NFL info.
For $5, not a big deal. I'm sure everyone on this board would be critical about some aspect of how people spend/save their money.
RM
I figure the odds be fifty-fifty I just might have something to say. FZ
Re: Super Bowl pools
I suppose I have a decent shot at certain points. 3rd quarter looks particularly good.
1st quarter - 3,1 ; 1,9
2nd quarter - 3,8 ; 9,4
3rd quarter - 4,4 ; 6;0
Final score - 0;8 ; 9,3
If I win, I am going to try and resist buying more Ibonds --- daddy needs a refurbished mac-air!
1st quarter - 3,1 ; 1,9
2nd quarter - 3,8 ; 9,4
3rd quarter - 4,4 ; 6;0
Final score - 0;8 ; 9,3
If I win, I am going to try and resist buying more Ibonds --- daddy needs a refurbished mac-air!
- stickman731
- Posts: 418
- Joined: Sun Jan 01, 2012 9:42 am
- Location: New Jersey
Re: Super Bowl pools
Won $10,000 in $100/box pool in SB XXI in 1987. Thank heaven for George Martin safety on John Elway. This year numbers Ravens 2 Niners 1.
- bottomfisher
- Posts: 399
- Joined: Fri Jan 04, 2013 8:03 am
Re: Super Bowl pools
I have 0 (Balt.) and 3 (SF). Good numbers; but I don't have good luck... that's why I invest in index funds
- pennstater2005
- Posts: 2509
- Joined: Wed Apr 11, 2012 8:50 pm
Re: Super Bowl pools
No Super Bowl pools, now March Madness pools….that's another story
“If you think nobody cares if you're alive, try missing a couple of car payments.” – Earl Wilson
Re: Super Bowl pools
count me in.pennstater2005 wrote:No Super Bowl pools, now March Madness pools….that's another story
how about a "bogleheads group" on one of the popular sports websites that runs the march madness pools?
-
- Posts: 1264
- Joined: Wed Oct 07, 2009 9:11 am
Re: Super Bowl pools
In terms of gambling options, it's actually great. Total payout is 100%, the house takes nothing. Can't get that in Vegas.crowd79 wrote:Very poor investment option. Risk $5 and likely lose it all with a 1% chance of winning
Re: Super Bowl pools
I thought the SuperBowl was played on turf, not in pools?
- TomatoTomahto
- Posts: 17158
- Joined: Mon Apr 11, 2011 1:48 pm
Re: Super Bowl pools
I don't know if they do it any more, but years ago a (now deceased) friend of mine worked in the commodity pits. They had a pool, $10,000 per box, $1,000,000 to the winner of the final score, no 1099
For a while, I played poker in that crowd, but after a while I figured it was just easier to mail them a check I was the fish; they were professionals.
For a while, I played poker in that crowd, but after a while I figured it was just easier to mail them a check I was the fish; they were professionals.
I get the FI part but not the RE part of FIRE.
Re: Super Bowl pools
yes, before the numbers are picked your expected return is 1 for every dollar you put in (save for some customary tipping to the pool operator for organizing and facilitating). its not gambling in the sense that one side has an edgeBeantown85 wrote:In terms of gambling options, it's actually great. Total payout is 100%, the house takes nothing. Can't get that in Vegas.crowd79 wrote:Very poor investment option. Risk $5 and likely lose it all with a 1% chance of winning
Re: Super Bowl pools
No 1099, but almost certainly a CTR and/or SAR!TomatoTomahto wrote:I don't know if they do it any more, but years ago a (now deceased) friend of mine worked in the commodity pits. They had a pool, $10,000 per box, $1,000,000 to the winner of the final score, no 1099
For a while, I played poker in that crowd, but after a while I figured it was just easier to mail them a check I was the fish; they were professionals.
I have to wonder how they choose who is going to hold the money until the game is over. $1m in cash could seriously tempt some people to just blow town.
- TomatoTomahto
- Posts: 17158
- Joined: Mon Apr 11, 2011 1:48 pm
Re: Super Bowl pools
These guys were accustomed to paying and receiving lots of money on the basis of a hand signal. They also understood that leaving town was at best a one way ticket, at worst...worse.prudent wrote:No 1099, but almost certainly a CTR and/or SAR!TomatoTomahto wrote:I don't know if they do it any more, but years ago a (now deceased) friend of mine worked in the commodity pits. They had a pool, $10,000 per box, $1,000,000 to the winner of the final score, no 1099
For a while, I played poker in that crowd, but after a while I figured it was just easier to mail them a check I was the fish; they were professionals.
I have to wonder how they choose who is going to hold the money until the game is over. $1m in cash could seriously tempt some people to just blow town.
I get the FI part but not the RE part of FIRE.
-
- Posts: 1588
- Joined: Fri May 25, 2012 9:38 am
Re: Super Bowl pools
I find myself correcting my family and friends on the word "investment" all the time. Purchasing a box in super bowl pool is an expenditure. There is a chance you could win, but it is by no means money that you set aside with the purpose of growing it for future use!