I don't bet as such with the bookies but I have a bet on "last man standing" which a mate of a mate runs.
You just have to pick a premier league team to win but if they draw or lose, you are out. You cant pick the same team twice unless you have picked all 20 teams (very unlikely and it's never happened) The winner is the person who is left with the only winning team, hence "last man standing"
There are around 50 of us and we pay a tenner to enter. I have never won it yet but at least the money doesn't go to the bookies and stays "in house" so to speak.
Does anyone else play this?