Submitting a Survey

To participate in the APP Prop Bets Pool, click “Submit Prop Bets Survey!” under the corresponding event. Entry fee is $10 paid via Venmo (@ngeorge3). Only one submission per person is permitted.

Consistent with the presented odds, more points are awarded for correct picks that are less likely to occur. Odds for each prop were found on common websites (DraftKings, BetMGM, CBS Sports, The Silver Bulletin, etc.).

Understanding Odds

For questions with all positive (+) odds, the exact values were used. For example, an option with high positive odds (e.g., +800) is unlikely to happen. This would equate to an 8 to 1 payoff, or 8 points in this Prop Bets Pool. Alternatively, negative value odds (e.g., -200) is more likely, but would only equate to 0.5 points, if correct.

For choices with one (-) and one (+), options are averaged together. For example:

Will either football team miss an extra point after a touchdown?
1 - Yes (+300).........7
2 - No (-400)..........2

“No” missed extra points is more likely at -400. If you were to wager $400, you’d only collect $100, if correct. For the purpose of the pool (and removing the “Bookie Vig”), the two options were averaged to +350 and -350. Thus, the ratio of Yes to No becomes: 3.5 to 1, or in this case: 7 to 2. “Yes” is awarded more points as it is a riskier pick!

For projections, points were allocated by the inverse of each percentage.
1 - Yes (75%).........2.67
2 - No (25%)..........8.0

In the above scenario, Yes is three times more likely to occur than No. Thus, No is awarded three times the points if correct.

Payouts

The participant(s) with the most points at the conclusion of each event will win the pool. The APP administer will determine prior to each event what the anticipated payouts will be. Typically the top 15-20% of entries receive a payout.