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| Anyone aware of any Calcutta? NCAA? https://mail.chicagofanatics.com/viewtopic.php?f=129&t=56767 |
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| Author: | bigfan [ Sun Mar 13, 2011 8:10 pm ] |
| Post subject: | Anyone aware of any Calcutta? NCAA? |
Miss such an event! If you are not aware it is a pure outcry auction for all the NCAA teams and WINS are predetermined to return X % of the pot. Bonus Bidding , like the #16 team that gets blown out by the most, etc, I have been involved in 3 of them and they all die the same death, too good, too big, too much money and they die because nobody wants to cash close to $100,000 in checks at the end. Always quite a night of bidding especially the last 8 teams when the guys from the Merc showed up and bidding starts at $2000 for a #2 seed. Picked Cal a long time ago, with Jason Kidd , bought them for $200 and they returned about $9,000, that was a good year!!! It's a great way of wagering as you win money each round you go. |
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| Author: | Rod [ Sun Mar 13, 2011 9:31 pm ] |
| Post subject: | Re: Anyone aware of any Calcutta? NCAA? |
I usually play in one that has been around since 1979. I haven't done it the last couple years though. I think the last time I did it we had over $300,000 in the pool and Duke and Kentucky cost over $20,000 apiece. I've had a couple good runs with cheaper teams- Indiana when they ran second for Mike Davis and Georgia Tech on '04. I think we paid about $1500 for Indiana and they were worth around $25,000. Good action. |
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| Author: | good dolphin [ Mon Mar 14, 2011 1:23 pm ] |
| Post subject: | Re: Anyone aware of any Calcutta? NCAA? |
I know of two. One run by guys from the CBOT and another run by a guy. The CBOT one is out of my league and I've never particpated in the other. |
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