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The Rules |
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Back to Rules |
League Betting
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Member
Accounts Rules
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League
Betting
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The
first form of betting within your league is
the league buy-in pot. The commissioner of
the league sets the league buy-in amount and
how the winnings will be dispersed at the
end of the season. For instance, lets say
the commissioner sets a $50 buy-in amount
with 60% to the winner, 30% to the runner
up, and 10% to third place. In this 12-team
league the total pot would be $600. After
the 10% service fee, the pot is left at $540.
The winner would then get a $324 payout, with
$162 going to the runner up, and $54 going
to the third place finisher. The commissioner
can set up the league so the winner takes
all, or up to four paid out finishers by designating
a percentage cut to each. Before joining a
league make sure you like the payout structure
designated by the commissioner. If the league
you join fails to fill up close to the draft
date, FFB will put you with another league
with the same buy-in amount and the most closely
structured payout system possible.
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Weekly
side bets |
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The second form of
betting within your league is the weekly side
bets. This is where the serious money is to
be made. During each week of the season any
team in the league can make a side bet with
any other team in the league. Whether your
team is playing them head to head that week
or not makes no difference. The bet is which
team's starting line-up or individual players
will score the most total points. The amount
of the bet can be as much as you want. For
example, lets say a $50 bet has been offered
and accepted. Once the weekend games have
started and the bet is finalized, $50 is taken
from both players' accounts. After the 5%
juice is taken from the bet, the winner will
receive $95 into
their account at the conclusion of the weekend.
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Proposing
bets |
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To
propose a bet, simply click on "propose
bet" on either your league page or team
page. You will be prompted to select the team
you want to wager with. In the scroll down
bar, select the team you want to bet with.
After selecting the team, click on the scroll
bar to the right and enter an amount for you
each to bet. Now, simply click on "submit
proposal" and an email will be sent to
the other owner for review. Along with the
email, a flashing "bet proposal"
alert will be flashing on the other owner's
homepage, league page, and team page.
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Accepting
bets |
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If
you have received an email or find a flashing
"bet proposal" icon on your homepage,
simply click on the icon to view the details
of the bet. If you like what you see and think
your team will outscore the proposer's team,
click on "accept bet" to finalize
the pending transaction. At this time a confirmation
email will be sent to all parties involved
detailing the bet amount, the winners cut,
and the week the bet is in effect. Along with
the email, all pending bets will be shown
on the league page for all owners to see.
If an owner fails to answer the proposal by
the first game of the week, they are not involved
in the wager and there is no action taken.
The final confirmation is set just before
the first game of the week, where the owner's
accounts are debited and the bet is finalized.
As always, any pending bet can be canceled
before the first game of that week. In that
case, bet cancellation notices are sent to
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Counter
bet |
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If
a bet has been proposed to you, you have the
ability to make a counter offer on the amount
of the bet. Whether you want to up the stakes
or minimize the amount is up to you. Simply
click on "counter bet" and fill
in a different bet amount. Then, click on
"submit proposal" to send the counter
offer back to the original owner. In the same
fashion as the original proposal, the owner
will receive an email, along with a flashing
alert for he/she to review the details of
the counter bet. At this time the bet can
be accepted or countered again until an agreement
is made and the bet is finalized. Once finalized,
the confirmation is sent to both owners and
posted on the league page for all to view.
The final confirmation is set just before
the first game of the week, where the owner's
accounts are debited and the bet is finalized.
As always, any pending bet can be canceled
before the first game of that week. In that
case, bet cancellation notices are sent to
the owners involved.
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Rejecting
bets |
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Rejecting
a bet is as simple as it sounds. When a bet
is proposed to you, there will be an email
notification along with the flashing alert
on your homepage, league page, and team page.
By clicking on the proposal you have the option
to "accept bet", "counter bet",
or "reject bet." Whether you don't
like the amount of the bet or the team that
has proposed it, you can simply click on "reject
bet" and a rejection notice is sent to
the owner that proposed it. By doing this,
the bet proposal is wiped clean and no action
is taken.
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Multi-team
bets |
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This is where
it gets fun. To engage in a multi-team bet,
click on "propose bet" in the
same fashion you would for a head to head
wager. Now, while selecting a team to bet
with in the scroll down bar, hold down the
control button on your keyboard and click
on as many teams as you wish to bet with.
After you've selected the teams, use the
scroll down bar to the right to enter an
amount for each team to throw in. Next,
simply click on "submit proposal"
and an email will be sent to all teams involved,
along with the flashing "bet proposal"
icon on their homepage, league page, and
team page. Each owner will review the details
of the bet and the teams involved. At this
point, each owner decides if they want in
on the wager or not. In the same style as
the other forms of weekly side bets, the
owner can accept or reject the offer. There
is no option to counter bets with multiple
teams due to the confusion it would cause.
As the owners accept the multi-team bet,
confirmation emails are sent to all involved
and the details are posted on the league
page. If an owner rejects the bet or fails
to answer the proposal by the first game
of the week, they are not involved in the
wager. The final confirmation is set just
before the first game of the week, where
the owner's accounts are debited and the
bet is finalized. As always, an owner can
cancel a pending bet at any time before
the first game of the week.
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Playoff
side bets |
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This is where
it gets really good. Teams that make the
playoffs are not only competing for the
league pot, but they can also continue the
side betting on their way to the championship.
Only the teams that make the playoffs are
permitted to side bet on their playoff games.
Any team can bet any other team that is
in the playoffs, regardless of who is playing
who in the head to head match up. The same
structure of proposing bets, accepting bets,
counter bets and rejecting bets during the
regular season pertains to the playoffs.
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Pending
bets |
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A list of your pending bets will be shown
on your homepage, league page and team page.
Pending bets are bets that you have agreed
to for the upcoming week. A pending bet
has not taken any funds from your account.
It simply shows you what bets you have scheduled.
At any time you can cancel a pending bet
before the first game of the week has started.
We understand that key players on your roster
can get injured during the week, making
your bet not as attractive as it was earlier
in the week.
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Past
bets |
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This
icon will be shown on your homepage to show
you all past bets you have made in all your
leagues. It takes into consideration all your
league buy-in amounts, weekly side bets, and
weekly pick 'em pool entries. It will clearly
show all wins and losses that lead to your
current account balance.
On your individual league and team page, the
"past bets" icon will only show
the wagers you have made within that league.
This will give you a clear understanding of
all the action you have taken in that specific
league. |
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Current
bets |
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A
current bets icon is shown to you on your
personal homepage and indicates all your outstanding
wagers for the weekend's games. It shows you
exactly who you are in a current bet with,
how much is being wagered, and what the payout
is to the winner. On your individual league
and team pages the "current bets"
icon will show you only the bets outstanding
in that league for the week. |
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Account
balance |
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Your account balance
icon is shown on your personal homepage, league
page and team page. It shows you the up to
date current balance in your account. It will
also show you all the pending bets you have
agreed to. Remember, you cannot get involved
in any wagers unless your account balance
is more than the total amount of pending bets.
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Member
Accounts Rules |
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Your account with FFB
is a season long adventure. When you initially
fund your account, the money is put into a
secure bank for the duration of the season.
During the course of the season your object
is to make, and win, as many bets as you can
with the other teams in your league(s). If
you're as good as you think you are, by seasons
end you will be cashing out a whole lot more
than your initial deposit. If however, you
do double your money before the end of the
season, you may request a payout prior to
seasons end. The reason for this is, in order
for us to bring you the value that we do,
we give lump sum payouts at the end of your
leagues NFL fantasy season. For instance,
if you fund your account with $500 in the
beginning of the season, you have all season
to keep betting and keep winning. Come seasons
end, even if you haven't won your league,
lets say you turned that $500 into $1900 with
side bets, that is exactly how much money
will be funded to you. In the case you win
your league, then you would receive the league
pot, plus all your side bet winnings. It's
just like any other fantasy football website
where you pay in the beginning of the season
and get paid out at the end. The only difference
with us is that you have a much better than
the usual 12 to 1 shot of bringing home the
dough. If you start the season a little slow
with a couple of bet losses, no problem, you
can re-up your account at any time to make
it back. At the end of the season you can
request your payout with no fees by crediting
back to your credit card, cashiers check,
or western union. A bank wire transfer into
your bank account will incur a fee of $30
for processing of payment. |
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Weekly
Pick 'em pool payouts |
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The weekly pick 'em
pools are a completely different monster than
your league(s) betting. You buy into the pools
with your same member account, but if you
win the pool, you're paid out right away.
Pool winners collect their money with no fees
in the transfer of their choice. You can request
a credit to your credit card, cashiers check,
or western union. There is a small $30 fee
for a bank wire directly into your bank account.
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Referral
Bonus Rules |
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All members can receive
the $5 bonus for every friend they refer.
The member must fund their account with a
minimum deposit of $100. The friends they
refer must also deposit at least $100 into
their new account for you to receive the bonus.
In order to receive the bonus payouts at the
end of the season, the member bet at least
the amount of the total bonuses, plus the
$100 minimum. For example, if you fund your
account with $100 and you get 11 friends to
do the same, you will have $155 in your account.
Before the end of the season you must bet
at least a total of $155 to receive your bonus
in full. This is not a difficult task considering
all bets on our web site contribute to your
bet total, including the league buy-in amount,
all weekly side bets, and all weekly pick
'em pool entries. On a different note, if
you fund your account with $500 and get 11
friends to sign up and deposit the minimum
$100, you still only need to bet the total
of $155 before the end of the season to get
your bonus. By simply entering a $200 buy-in
league you've overcome the minimum and the
bonus is automatically yours.
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Funding
Your Account |
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A member can fund their
account and re-up their account at any time
during the course of the season. The member
is then expected to wager at least the total
amount that they have deposited into their
account. If a member fails to bet the total
amount they have deposited before the end
of the season, they are subject to a 20% charge
of all unwagered funds. For example, if a
member funds their account with $100 and only
bets a total of $60 throughout the season,
win or lose, come the end of the season they
are charged a 20% fee for the $40 they failed
to put on the table. This would be a measly
$8 fee subtracted from their payout at the
end of the season. If a member fails to wager
all deposited funds he/she can also opt to
leave the remaining funds in their account
until next season with no charge.
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