Nik

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This thread is for the general discussion of the event Formula 1 - Spanish GP. Please add to the discussion here.
 

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Question from an amateur amateur.. If i bet on team mercedes to get most points, or the safety car to come out does that mean I will lose money even if I win? Oh my this is so confusing...Why can't I just buy a bucket of KFC and a 12 pack with my vette coins and sit and watch the race?
 

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Question from an amateur amateur.. If i bet on team mercedes to get most points, or the safety car to come out does that mean I will lose money even if I win? Oh my this is so confusing...Why can't I just buy a bucket of KFC and a 12 pack with my vette coins and sit and watch the race?
You will not lose money if you win Don. Because they are both favorites to pay out, the return is smaller. Team Mercedes will pay 2 for every 5 you bet. That 2 is in addition to the 5 you get back. So bet 5000 coins and you will get 7000 back. Similar to the safety car. At 5/11,you get 5 plus your 11 bet back if you win. You can bet any amount but the ratio stays the same.

On that note, you can certainly buy a bucket of KFC but the added cholesterol in your system may make you a loser anyway....And a 12 pack only pays out if you drink it in one sitting....
 
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Rruuff Day

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Our vettecoin loss is a gain for CCF... @Nik has an arrangement with Superstore, Save On, and Butcher Boys in Vernon. If he says Vettecoins fast enough it sounds like Bitcoins ...26 Vettecoins and you come away with a T-bone steak... :Biggrin: Bet high boys... I have plans to be on Nik's deck for a BBQ someday.
 

Rruuff Day

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Eric, will that work for buying a sheet of plywood??
confused bugs bunny GIF by Looney Tunes
You can try Fred. These days 100,000 Vette coins might buy a sheet of 1/2 inch...
 

Rruuff Day

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That being said, I'm going to build a greenhouse this year. With the price of lumber I'm thinking my payback will be six tomato plants, six pepper plants and 300 marijuana plants.... :rofl:
 

Rruuff Day

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so much for a thread derail... beteer get back on the betting track before Nik sends me packing...
 
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Rruuff Day

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I have a concern. Given the 3000/1 odds for the Rest of Pack wagers, and the current wager of 150 coins, does CCF have enough in reserve for a payout that large or larger? Although possible, stamping out another 450,000 coins would be an arduous task given our penchant for relaxing on our decks drinking bourbon... We also should be considering the devaluation of our coin on the international market if we just randomly make more coins every time we need them. The Vettecoin could turn into another dong or worse, a Cdn $. Perhaps we should consider insuring that particular wager option with Lloyds of London.... Just a thought.... :Biggrin:
 

Nik

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I have a concern. Given the 3000/1 odds for the Rest of Pack wagers, and the current wager of 150 coins, does CCF have enough in reserve for a payout that large or larger? Although possible, stamping out another 450,000 coins would be an arduous task given our penchant for relaxing on our decks drinking bourbon... We also should be considering the devaluation of our coin on the international market if we just randomly make more coins every time we need them. The Vettecoin could turn into another dong or worse, a Cdn $. Perhaps we should consider insuring that particular wager option with Lloyds of London.... Just a thought.... :Biggrin:

Like any forward-looking government in 2021 I can print money like the best of them. I need to make Vette coins into a crypto currency then the rest of us can retire and our VCs will appreciate 30000% every second whilst fueling a drug trade in eastern Russia in parallel. Big plans.
 

Rruuff Day

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Like any forward-looking government in 2021 I can print money like the best of them. I need to make Vette coins into a crypto currency then the rest of us can retire and our VCs will appreciate 30000% every second whilst fueling a drug trade in eastern Russia in parallel. Big plans.


I have friends in Vladivostok. I will let them know what's coming their way....
 
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