Game rules

Play money only

• Coins have no cash value. They can't be bought, sold, cashed out, traded or sent to another player.
• There are no prizes. Leaderboards are for bragging rights.
• We may reset balances, scores, leagues or markets at any time, for example to fix a bug or start a new season.

Not investment advice

The fantasy league and markets are games built on public information about the world's richest people. Scores, prices and results are not predictions or recommendations to buy or sell anything.

Your account

Pressing Play online creates a guest account stored in this browser. We don't ask for your name, email or password. If you clear your browser's site data or switch devices, you lose that account. We keep only what the game needs: your nickname, coins, picks, league memberships and trades.

Nicknames and league names

• 3 to 20 characters: letters, numbers, _ and - only.
• Nicknames are unique, ignoring upper and lower case.
• No slurs, insults, sexual words, or names that pretend to be us or our staff. Some words are blocked automatically, and we may rename or remove anything else that breaks this rule.
• There is no chat. Nicknames and league names are the only text players can write.

Fantasy league

• Each week, pick 5 different people whose salaries add up to 100 or less, and choose one as captain. The captain scores 1.5 times.
• Picks lock Monday at 9:30 AM New York time, when US markets open. After that nobody can change them, and everyone's picks become visible.
• Joined late? You can still enter a team until Friday. It scores from the next trading day after you save it.
• Points come from each person's daily market moves in our data. Scores update once a day.
• Leagues hold up to 50 players. You can be in up to 10 leagues.

How markets are settled

• Markets have moved to The Book: no new markets open. Markets that were already open close and settle as described here.
• New markets open on Monday mornings and close Friday at 4:00 PM New York time. We settle them on Saturday once the week's data is in.
• Head-to-head questions compare two people's fantasy points for the week. A tie makes the market void.
• Sector questions compare the average fantasy points of the draftable people in each sector. A tie for first makes the market void.
• Insider-buy questions resolve YES if the person files a Form 4 on SEC EDGAR showing an open-market purchase (transaction code P) between Monday and Friday of that week. If we can't read a filing well enough to tell, the market is void.
• Only our own data files are used, and each result links to its source. If the data never arrives, the market is void.
• Void markets give back what each player put in. Winning shares pay 1 coin each, rounded down to a whole coin.

The Book

• The Book takes play-money bets on the fantasy week at fixed odds: head-to-head matchups (moneyline and spread), a person's weekly points over or under a line, the week's top scorer, whether someone files an insider buy by Friday, and the top sector.
• Odds come from a simple model of our own data (recent news, insider buys and how much each person's holdings usually move) plus a house margin. They are not forecasts or advice.
• A bet is a single pick or a parlay of 2 to 4 picks from different events. Stakes are 1 to 500 coins, you can place up to 50 bets a day, and no bet pays back more than 10,000 coins.
• You get the odds shown when you place the bet. If they changed in the meantime, the bet is refused and your slip shows the new odds to review. Once someone bets on a price it no longer changes.
• Betting locks Monday at 9:30 AM New York time, when the week's fantasy picks lock. Bets settle after Friday's scores are in, usually on Saturday, from the fantasy league's week totals and SEC EDGAR filings.
• Lines end in .5, so over/unders and spreads can't tie. A tie in a head-to-head moneyline, a tie for top scorer or top sector, missing data, or a Form 4 we can't read makes that pick void: a single is refunded, and a parlay is paid on its other picks. A parlay with a losing pick loses.
• Coins won are play money like any other coins: no cash value, no prizes.

Fair play

One account per person, please. We may remove accounts, nicknames or leagues that abuse the game, try to break it, or use more than one account to move markets or leaderboards.