Fantasy Gambling

 

NO PURCHASE NECESSARY

 

Welcome to FantasyGamblingClub.com, where you bet fantasy cash on the outcome of real sporting events and compete against your friends in various Divisions. There is a Division that is exclusively for betting on NFL football, a Division that is exclusively for betting on College Football, a Division for College Basketball, an NBA Division, and an Elite Division that will allow you to place bets on any event for which we have odds. Whether you are a beginning sports gambler or a grizzly veteran, this is the game for you. The rules for Fantasy Gambling are explained fully in this document.

 

Getting Started:

 

Creating a Member Account

 

In order to participate at FantasyGamblingClub.com you will first need to create an account. All account fields are required. Once an account has been created, you will have the option of joining a Division.

 

The Division

 

A Division is composed of a group of members wagering fantasy money on a single sport (such as the NFL or College Basketball), except for the Elite Division, which will consist of a group of members wagering fantasy money on any sport or event that FantasyGamblingClub.com posts odds.

 

Select Divisions

 

The Fantasy Gambling Club now provides its members with the ability to play in a free Division or to register for a Select Division.  Select Divisions are $10 a Profile and a member can have an unlimited number of profiles. 

 

80% of each profile’s $10 will be into a pot for prize money.  For example, if there are 200 profiles in a Select Division, then the prize money for that pot is $1,600. The pot size can not exceed $10,000 in prize money. 

 

There are 29 Weeks in the Spring Season.

 

Each Period will consist of 2 weeks, meaning there are 11 Periods in the Fall season.  40% of the total pot will be split up into the total number of weeks.  For example, if there are 200 people registered in a Select Division at the start of the first Period, then the total pot for the first week will be $58.18  [40% of ($8 x 200)] / 11 Periods.

 

If a member joins in the middle of a period, the money will be divided up by the number of remaining Periods INCLUDING the period in which they register.  If a member joins in the middle of the Fall season, 40% of their Profile fee will be divided by the number of remaining Periods INCUDING the period in which they register.

 

At the end of each Period, the Profile with the most amount of Fantasy Money will win the cash prize.  At the end of the Fall season, the Profile with the most amount of Fantasy Money will win the remaining 60% of the pot.  For example, if there are 200 Profiles, the end of season pot will be $960.

 

Winning Profiles will be contacted within a week of the end of the Period/Fall Season via the account information registered to the Profile.

 

Free Divisions 

 

A member can join any Free Division and as many Free Divisions as they would like to join, at any point during the season. However, a member can only create a single Profile within a given Free Division unless they do not have another Profile within that Free Division that has a balance of more than -$5,000.

 

Joining A Division

 

 When joining a Division, members will first be asked to create a Division Profile Name (i.e. The High Roller). For every division the member joins, they will be given $1000 which can only be wagered on events within that division. For example, if The High Roller has a balance of $1850 in a NFL division and a balance of $0 in a College Football division, The High Roller cannot use any portion of the $1850 to place a bet in the College Football division.

 

How The Spread Works

 

When you see a spread line on this website, like the one above, you should think of it as a handicap. You can either bet on the Oakland A's or the Boston Red Sox.

 

 Since the spread reads Oakland -1.5, your options are the following:

 

If you place a bet on Oakland, you will need them to either win the baseball game out-right OR you need them to lose the game by less than 1.5 runs for you to win your bet.

 

 If you bet on Boston, you will need them to either win the baseball game out-right OR you need them to lose the game by less than 1.5 runs for you to win your bet.

 

 

When the spread line on this website reads Oakland +1.5 like above, then your options are the following:

 

 If you place a bet on Oakland, you will need them to either win the baseball game our-right OR you need them to lose the game by less than 1.5 runs for you to win your bet.

 

 If you bet on Boston, you will need them to win the baseball game by more than 1.5 runs for you to win your bet.

 

Placing A Bet

 

In order to place a bet, click on your Division Profile Name (i.e. The High Roller) and then use the Make A Bet tab at the top of the page. You will then be taken to a list of your Division's sporting events for the given week along with the point spreads. Click on the team you wish to place a bet. For example, if you want the Oakland A's -1.5 against the Boston Red Sox, then click on Oakland.

 

 

At the top of the page you will see your Division Profile Name along with the total amount of money available for you to bet, the team you are about to bet on and the point spread. Enter the amount you wish to bet and click Submit.

 

** Remember, once you place a bet you cannot change it.

 

Betting Amounts

You are not allowed to bet more than the total amount of cash in your Division Profile, whether on a single game or collectively on multiple games. The minimum bet is $1.00 and all bets must be rounded to the nearest dollar. Note that you cannot bet more than $2000 total on one event, whether it be in the form of a single bet or multiple bets who's sum adds up to over $2000.

 

Tony The Loan Shark

When your Division Profile runs out of money, the Profile balance and cash will both be $0. At that point in time you will need to visit Tony the Loan Shark and he will give you the option of borrowing either $100 or $1000.

 

You may also borrow money if the sum of your Open Bets and your Cash does not exceed $1000.

 

When you make a Futures bet, for example, betting $100 on the Atlanta Falcons to win the Super Bowl at 25-1, that $100 will not count towards the money in your Open Bets (for loan purposes only). This will allow you to have Futures Bets open and still be able to visit the loan shark. However, when you have a loan out, you will not be allowed to make a Futures bet.

 

Borrowing Money: Keep in mind that the services of Tony are not free. For every loan that is taken out, Tony will charge and keep 10%. Consequently, if you borrow $100, then $90 will be deposited into your account and you will still owe the loan shark $100.

 

Interest: Every Wednesday Tony will add 10% to whatever you owe him. For Example, if you owe him $100 on Tuesday, come Wednesday you will owe him $110 and then the following Wednesday you will owe him $121.

 

Paying Off The Loan: The more quickly you pay back the money to Tony, the less interest the loan will accrue. You have the option of paying down $100, $1000 or paying off the entire loan.

 

Division Time Line:

 

Elite Division:

Spring 08 Elite Division: February 4th 2008 through August 24th 2008

 

NFL Division:

TBD

 

College Football Division:

TBD

 

NBA Division:

TBD

 

College Basketball Division:

TBD

 

 

Eligibility

 

To be eligible to participate in the Contest and win a prize, you must be: (a) a Registered User; (b) a legal resident of one (1) of the fifty (50) United States or Washington DC; and Canada (for purposes of clarity, Puerto Rico and Quebec are expressly excluded); and (c) at least eighteen (18) years of age or older (except in Alabama and Nebraska where you must be 19 years of age or older) at the date of entry in this Contest. For purposes of these Official Rules, "Registered User" means a person who has successfully completed the registration form and has obtained a User Identification ("ID") and associated password ("Password") from FantasyGamblingClub.com. If you are not a Registered User you may become a Registered User and obtain an ID and a Password by completing the Fantasy Gambling registration form by going to the Join The Club link. There is no fee or charge to you to become a Registered User. Excluded residents may play, but are NOT eligible to receive any prizes.

 

Employees of Fantasy Gambling LLC and FantasyGamblingClub.com as well as members of the immediate family or household of each are not eligible to win. Immediate family member is defined as a parent, sibling or any person residing in the same household as an employee of the Contest Entities. Void where prohibited. Such excluded employees and/or family members may play, but WILL NOT be eligible to receive any prizes.

 

By opening a Division Profile you agree to the terms and conditions above and you release the Fantasy Gambling Club from any and all liability. Further, by opening a Division Profile you give permission for the Fantasy Gambling Club to use your name and likeness to promote the website.