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Author Topic: Any new Prize Fund ideas?  (Read 3507 times)

spmcgivern

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Any new Prize Fund ideas?
« on: September 08, 2016, 09:51:04 AM »
Last year our prize fund was.... lacking is the best way to describe it (at least to me it was).  We had 3 proposals and all 3 had over 70% of the prize fund devoted to point money.  Oh, and this is suppose to be a competitive Men's League.

Anyway, this year, since I am usually a vocal dissident, volunteered to be a member of the prize fund committee.  I came up with a new way to conduct our final week "Roll Off".  We have 2 halves and a roll off for additional prize fund on top of each half's money.  We also have 16 teams.

So we will have two 8-team brackets.  An upper bracket with essentially the top 8 overall teams and a bottom bracket with the lower 8 teams.  Prize fund isn't as high as what winning a half will be, but it is still substantial.  Every team wins something for the night, but obviously, the more matches you win, the more you get.

Anyway, has anyone else seen some interesting prize funds?

 

Necromancer

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Re: Any new Prize Fund ideas?
« Reply #1 on: September 08, 2016, 09:57:05 AM »
My view of prize fund revolves around how you want to bowl.  I only trust myself and maybe 1 other bowler if we do doubles.  That way, I can blame myself or him if we suck.  No way I'm doing big prize fund leagues with 3 or more people and definitely not for handicap.  I noticed all the 300s this past summer league occurred in the final weeks.  Hmm... interesting.  If they weren't 300s, they were 279+. 

Also, prize funds need to be fair but spelled out in the beginning.  For the summer league, I didn't see a money table until the night of the championship tournament.  Nice letting me know that $14,000 was on the line if I could get all my teammates to not be absent random nights.

And, if prize funds are going to get serious, do away with the not required / but-frowned-on-if-you-don't-participate raffles that go on each night.  I want all my money going towards the total prize fund. 

But, yeah.  The only time I didn't mind putting serious money on the line is when I bowled in Friday night head-to-head tournaments.  Me, myself, and I is all I trust.  And only scratch.  None of this handicap shadiness lol.

In another league, we didn't give money out for prizes, just alcohol.  It was a lot more fun haha.
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Re: Any new Prize Fund ideas?
« Reply #2 on: September 08, 2016, 10:21:57 AM »
2 halves to a season paid out according to the agreed upon terms.  There will be a set of prize money set aside for the winning teams to compete against each other for the money set aside  Each winning team bowls a 2 game baker style match against each other, total 2 game pinfall wins the $. 

If one team wins both halves, they still bowl 2 baker games but everyone else has to sit and watch the winners bowl the 2 games.....  :P  :P  :P  ;D
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milorafferty

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Re: Any new Prize Fund ideas?
« Reply #3 on: September 08, 2016, 11:29:20 AM »
I bowl a high level, scratch trios league where there is quite a bit of money on the line. This league has multiple league sponsors, and each team also has a sponsor fee of $150 and the house adds prize money as well. We also pay $35 per bowler each week.

We divide the league into thirds, with the winner(and only the winner) of each third getting $1000. Each third also has a high game and high series winner, paying a couple hundred each. A team can win more than one third. A bowler can win more than one third for high game and series.

At the end of the season, the winners of the thirds(second place if a team wins more than one third) and the highest non-winner of a third has a roll off. 1 vs 4 and 2 vs 3, winner bowls for 1st. Winnings are paid for each spot.

All teams win SOME point money, with the last place team usually getting somewhere around $400 per member.

Sweeper money comes mostly from brackets and a 50/50 pot. Brackets are $3 and the action is pretty heavy with most bowlers buying brackets each week. The 50/50 works as follows; Half of every dollar paid in, goes directly into the sweeper pot. The other half is paid out if the winner strikes out the tenth frame of the second game. If the winner doesn't strike out, a second draw is made and that winner has to throw a single strike for 10% of the current pot. We have seen the pot grow to $500+ multiple times. The payout for sweepers is fairly decent. Two years ago, second place paid me $792.00

The payout for this league is pretty top heavy for the prize money. It's definitely not for everyone. We have a limit of 18 teams and a waiting list.
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spmcgivern

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Re: Any new Prize Fund ideas?
« Reply #4 on: September 08, 2016, 12:25:35 PM »
I bowl a high level, scratch trios league where there is quite a bit of money on the line. This league has multiple league sponsors, and each team also has a sponsor fee of $150 and the house adds prize money as well. We also pay $35 per bowler each week.

We divide the league into thirds, with the winner(and only the winner) of each third getting $1000. Each third also has a high game and high series winner, paying a couple hundred each. A team can win more than one third. A bowler can win more than one third for high game and series.

At the end of the season, the winners of the thirds(second place if a team wins more than one third) and the highest non-winner of a third has a roll off. 1 vs 4 and 2 vs 3, winner bowls for 1st. Winnings are paid for each spot.

All teams win SOME point money, with the last place team usually getting somewhere around $400 per member.

Sweeper money comes mostly from brackets and a 50/50 pot. Brackets are $3 and the action is pretty heavy with most bowlers buying brackets each week. The 50/50 works as follows; Half of every dollar paid in, goes directly into the sweeper pot. The other half is paid out if the winner strikes out the tenth frame of the second game. If the winner doesn't strike out, a second draw is made and that winner has to throw a single strike for 10% of the current pot. We have seen the pot grow to $500+ multiple times. The payout for sweepers is fairly decent. Two years ago, second place paid me $792.00

The payout for this league is pretty top heavy for the prize money. It's definitely not for everyone. We have a limit of 18 teams and a waiting list.

I like the idea of a more top heavy prize fund, but that is because I feel we have a pretty good team (I would need a manual to keep up with your league).  You need to have several good teams to push that type of prize fund and not every league has that. 

Many leagues, including ours, are filled with the "old guard" and they want the league to be more social and everyone gets similar money back, thus the 70%+ point money.  In fact, a team could have won both halves and the roll off and not made their money back.  I know that is an arbitrary value, but I wanted to see the top team in the league have a chance to get their money back.


milorafferty

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Re: Any new Prize Fund ideas?
« Reply #5 on: September 08, 2016, 04:21:49 PM »
I bowl a high level, scratch trios league where there is quite a bit of money on the line. This league has multiple league sponsors, and each team also has a sponsor fee of $150 and the house adds prize money as well. We also pay $35 per bowler each week.

We divide the league into thirds, with the winner(and only the winner) of each third getting $1000. Each third also has a high game and high series winner, paying a couple hundred each. A team can win more than one third. A bowler can win more than one third for high game and series.

At the end of the season, the winners of the thirds(second place if a team wins more than one third) and the highest non-winner of a third has a roll off. 1 vs 4 and 2 vs 3, winner bowls for 1st. Winnings are paid for each spot.

All teams win SOME point money, with the last place team usually getting somewhere around $400 per member.

Sweeper money comes mostly from brackets and a 50/50 pot. Brackets are $3 and the action is pretty heavy with most bowlers buying brackets each week. The 50/50 works as follows; Half of every dollar paid in, goes directly into the sweeper pot. The other half is paid out if the winner strikes out the tenth frame of the second game. If the winner doesn't strike out, a second draw is made and that winner has to throw a single strike for 10% of the current pot. We have seen the pot grow to $500+ multiple times. The payout for sweepers is fairly decent. Two years ago, second place paid me $792.00

The payout for this league is pretty top heavy for the prize money. It's definitely not for everyone. We have a limit of 18 teams and a waiting list.

I like the idea of a more top heavy prize fund, but that is because I feel we have a pretty good team (I would need a manual to keep up with your league).  You need to have several good teams to push that type of prize fund and not every league has that. 

Many leagues, including ours, are filled with the "old guard" and they want the league to be more social and everyone gets similar money back, thus the 70%+ point money.  In fact, a team could have won both halves and the roll off and not made their money back.  I know that is an arbitrary value, but I wanted to see the top team in the league have a chance to get their money back.



Yea, this is a pretty serious league. It's the biggest payout in this part of California and possibly the largest payout league in the entire state. I drive about 50 miles each way to bowl the league and there are people who are further away than me who bowl it. The competition is tough with multiple pro shop operators, regional PBA and PBA50 bowlers, and the normal local amateur tournament sharks.

And while I enjoy the people in the league, this is not a social event, it's about the money and competition.
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Impending Doom

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Re: Any new Prize Fund ideas?
« Reply #6 on: September 08, 2016, 04:28:54 PM »
I bowl a high level, scratch trios league where there is quite a bit of money on the line. This league has multiple league sponsors, and each team also has a sponsor fee of $150 and the house adds prize money as well. We also pay $35 per bowler each week.

We divide the league into thirds, with the winner(and only the winner) of each third getting $1000. Each third also has a high game and high series winner, paying a couple hundred each. A team can win more than one third. A bowler can win more than one third for high game and series.

At the end of the season, the winners of the thirds(second place if a team wins more than one third) and the highest non-winner of a third has a roll off. 1 vs 4 and 2 vs 3, winner bowls for 1st. Winnings are paid for each spot.

All teams win SOME point money, with the last place team usually getting somewhere around $400 per member.

Sweeper money comes mostly from brackets and a 50/50 pot. Brackets are $3 and the action is pretty heavy with most bowlers buying brackets each week. The 50/50 works as follows; Half of every dollar paid in, goes directly into the sweeper pot. The other half is paid out if the winner strikes out the tenth frame of the second game. If the winner doesn't strike out, a second draw is made and that winner has to throw a single strike for 10% of the current pot. We have seen the pot grow to $500+ multiple times. The payout for sweepers is fairly decent. Two years ago, second place paid me $792.00

The payout for this league is pretty top heavy for the prize money. It's definitely not for everyone. We have a limit of 18 teams and a waiting list.

I like the idea of a more top heavy prize fund, but that is because I feel we have a pretty good team (I would need a manual to keep up with your league).  You need to have several good teams to push that type of prize fund and not every league has that. 

Many leagues, including ours, are filled with the "old guard" and they want the league to be more social and everyone gets similar money back, thus the 70%+ point money.  In fact, a team could have won both halves and the roll off and not made their money back.  I know that is an arbitrary value, but I wanted to see the top team in the league have a chance to get their money back.



Yea, this is a pretty serious league. It's the biggest payout in this part of California and possibly the largest payout league in the entire state. I drive about 50 miles each way to bowl the league and there are people who are further away than me who bowl it. The competition is tough with multiple pro shop operators, regional PBA and PBA50 bowlers, and the normal local amateur tournament sharks.

And while I enjoy the people in the league, this is not a social event, it's about the money and competition.

I'd travel for that too!

billdozer

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Re: Any new Prize Fund ideas?
« Reply #7 on: September 08, 2016, 10:52:44 PM »
My leagues around here typically like to spread the cash for the most part evenly. The better u place you get a bit more cash, and the better bowlers typically win the individual awards. 

One of my leagues has 2 divisions, and 2 halves, making 4 winners being out into a round robin tournament at the end for bonus money.   Pretty competitive and enjoyable!

That leaves the side money for side pots and brackets, survivor/eliminator etc
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