lil tourney action, lil sidebet action

There's a March Madness style heads up tournament that I'm involved in right now. 64 players, $250 entry. It's pretty cool since a lot of the players in the tourney know eachother, so it's more of a fun tourney than anything else. Here's the bracket:

http://www.bracketmaker.com/tmenu.cfm?tid=236092&tclass=SSNL%20HU%20Tourney%202007

I've played 2 rounds so far and gotten past my first two opponents, so I'm into the Sweet Sixteen. Each round you play a best of 3. Here's the payout structure:

1st = $5.25k
2nd = $3.5k
3-4th = $1.75k
5-8th = $750


I also have some side action on the tournament. I'll probably end up having around $1,000 in side bets once the tourney's over. One bet is with "gimmetheloot" for $250. We each picked 6 horses for the tournament, both of us keeping ourself, so basically 5 other players. We picked like a draft so once we selected someone they were off the draft board and unavailable for the other person to select. Here's how it ended up:

my horses:

carrotsnake, idonkedyoo, 23act, nirzhar_k, sputnik3000 and myself.

gimmetheloot's horses:

danj, nuggetz87, pbjaxx, nolves, fonkey and himself.

So if one of our guys wins the tournament that person wins the $500. If none of them win then nothing gets paid out.


I have another bet with nirzhar_k that's pretty much the same type of bet. We're betting $200. Here's our guys:

me:

carrotsnake, sputnik3000, pbjaxx, idonkedyoo, 23act, me

him:

0evg0, danj, nuggetz87, mused01, kaz2107, him

I gave him 1.1:1 odds on this bet. He didn't know the guys very well.

Also did a bracket bet where a bunch of us put money in and filled out the whole bracket and based on a points system winner takes all.