4 • 626 Ratings
🗓️ 31 December 2020
⏱️ 110 minutes
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0:00.0 | Hi, everyone. Welcome to this week's episode of the Bet the Process podcast. This week is a special podcast. We are doing a |
0:07.4 | Calcutta, a live auction draft of all the NFL playoff teams or teams that are still eligible for the |
0:14.5 | NFL playoffs. And what's about to follow is the draft with we're not editing it or anything. It's, you know, it's long. We had a really |
0:24.9 | good time doing it and hopefully you'll enjoy listening to it. But I felt like I should probably |
0:28.8 | add this before for people that do not know the format. The format is that 80% of the pot |
0:36.3 | is going to, I guess, wins-based distribution. |
0:39.6 | So each wild card round win is worth 3.5% of the pot. |
0:44.8 | Each divisional round win is worth 6.5% of the pot. |
0:48.5 | Each conference championship win is worth 10% of the pot. |
0:52.1 | And winning the Super Bowl is worth 13% of the pot. So overall Super Bowl is worth 13% of the pot. So overall, |
0:56.5 | that'll be 80% of the pot going to teams based on that. So for example, if the Kansas City |
1:02.0 | Chiefs win the Super Bowl, they will win 29.5% of the pot just based on that. If a team that is |
1:08.8 | not a number one seed that does not have to play a |
1:11.7 | wild card round game wins the Super Bowl, or sorry, if a team that does have to play a |
1:16.2 | wild card round game wins the Super Bowl, they will win 33% of the pie just based off of that. |
1:22.5 | Now, the rest, the other 20% is on props. So 4% of the pot will be split amongst the teams that have not yet |
1:30.5 | clinched the playoff spot, but do make the playoffs. The biggest loser by point differential in the |
1:37.9 | 13 playoff games will get 4% of the pot. If there's a tie, they will split that. The lowest seed of the final |
1:46.5 | four teams will get 4% of the pot again if two teams tie. So if there's a number, you know, |
1:53.8 | if a number four seed in the AFC and the NFC makes the playoffs, although it's probably not |
1:59.3 | going to be from the NFC, they will split that. |
2:03.8 | The biggest winner against the spread of all the 13 playoff games wins 4% of the pot. |
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