(07-24-2018 11:07 PM)Side Show Joe Wrote:  

(07-24-2018 10:52 PM)rileylives Wrote:  

(07-24-2018 10:45 PM)Side Show Joe Wrote:  

(07-24-2018 10:04 PM)banker Wrote:  

(07-24-2018 08:26 PM)rileylives Wrote:  Ok, so one more question. If someone under that scenario bought 10 shares of short stock in ODU, would they then have 175 pts to purchase stocks?

Then the penalty essentially comes the more they win?

Yes, you would have 175 to buy your stock. The stock you buy then gives you your points. For example let's say you take the 175 and buy 50 shares of Charlotte and 20 shares of UTEP (50x2.5 + 20x2.5 = 175). So your portfolio is:

50 shares Charlotte @ $2.50
20 shares UTEP @ $2.50
-10 shares ODO @ $7.50

So if Charlotte wins 4, UTEP wins 2 and ODU wins 7 your score would be:

50x4 + 20x2 = 240 - 7x10 = 170

Anyone think I should add calls and puts? (Joking)

If I only have 100 points to buy stock with, how can I buy 50 shares of Charlotte @ 2.5 per share? Wouldn't I need 125 points to do that? Am I missing something?

Because in the scenario laid out, that hypothetical total bet would give the person an additional 75 points for picking ODU short stock.

I look at the short stock as almost a loan. You may need to pay out, but the loan could pay you.

That’s why I wanted clarity. I could tell the short stock pick is a make or break...

Okay. That makes sense. Thanks. But you only get to short one team, right?

Yeah. I mean, I haven’t thought it all through, but I see a few candidates for that type of stock. I’m just gonna need time when I can focus one night after the kids go to bed and think it through.

I appreciate your hard work putting this together Banker!