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  • Sporting Spread Details
     
    Once again I have picked 20 sporting events that will take place throughout the year. For those of you who didn't take part last year, your job is to decide whether the individual or team that I have selected will do better or worse than I have predicted. The method in which you do this is very similar to that used in spread betting.
     
    If you think the spread that I have quoted is on the low side then you should buy at the larger figure (go higher), however if you think my quote is on the high side you should sell at the smaller figure (go lower). Here is a quick example: Let's take event five, the Embassy World Championship. John Higgins will score points depending on how far he progresses through the tournament. If he wins he will score 100 points, if he reaches the final, but loses, he will score 75 points etc. The spread that I have quoted is 50-54. Therefore if you think that he will at least reach the final of the competition, you should buy at 54. However if you think he will go out in one of the earlier rounds you should sell at 50. Now suppose he reaches the final but ends up loosing it, he will score 75 points. If you choose to buy, at 54, you would score 21 points (75-54). However if you decide to sell, at 50, you would score -25 points (50-75). Entry fee to this competition is �5. Your entry fee buys you 50 ten pence chips. You stake a number of your chips against each of the events listed. You must stake at least one chip and a maximum of five, against each event. Please ensure that your total adds up to exactly 50. To make things a bit more interesting for those who are trailing after the first few events and are not in with a chance at winning the main event, I have split the events into three tranches; (B)ig Balls, (L)ittle Balls and (N)o balls. A prize will be awarded for the winner of each individual tranch. Going back to our example if you had decided to stake just two chips on John Higgins. If you choose to buy, you would score 42 points (2x21), or if you choose to sell you would score -50 points (-25x2). If any event doesn't take place the score will be assumed as the middle of the spread. There will be a maximum make-up of 100 units on any event (e.g. If Marco Pantani crashes on the first day of the Tour de France and you have brought at 10 seconds, you will only lose 100 times your stake).
     
    All entry money will be handed out in prize money. The winner will get the majority, second will get some and the rest will be divided equally between the three tranch winners. The exact amounts will be determined once I have all the entries in. Total points scored (plus or minus) at the end of the year will decide positions. In the event of a tie all those on equal points will share the money.