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Author Topic: Tournament Pay Outs  (Read 528 times)

The Illustrious One

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Tournament Pay Outs
« on: January 30, 2006, 10:48:37 PM »
For those of you who have run King of the Hill Tournaments and Scratch Step Ladder Tournaments I have a question. What kind of formula do you use to determine pay outs? Is there a formula for say

x=entries
y=spots to pay out

x / y = spots paid out

and if so, how do you determine the percentages of prize money to the spots paid out? any help would be greatly appreciated.....


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The Illustrious One

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Re: Tournament Pay Outs
« Reply #1 on: February 01, 2006, 07:35:21 AM »
Thanks. I want to run some scratch tournaments at the toughest house in the area (1 300 in the past five years) and bring out the big boys from their typical stomping grounds but I had no idea how to do payouts on this thing.

Just to run an idea by and get an opinion I was looking at the following set up:

Lineage : $5.00
Prize F : $7.00
Charity : $1.00
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Total   : $13.00

I do help a local charity outfit who assists women and children who are victims of domestic violence and I thought it this could be a big win-win for everyone involved. Anticipated participation on the first night is 20. The idea would be to run a two game scratch and then bracket the top eight to four and then to two. Paying out the top four in the brackets.....I guess that would be 1 in 5.

As competitive bowlers would the charitable contribution turn you off or away from the tournament? Then with a $140 prize fund I would be looking at payouts according to these percentages (based on 20 participants):

1 - 50%
2 - 30%
3 - 10%
4 - 10%

Ideas, comments, suggestions?



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Edited on 2/1/2006 8:22 AM

SrKegler

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Re: Tournament Pay Outs
« Reply #2 on: February 01, 2006, 08:22:37 AM »
Looks good.  For that small of an entry fee you should be able to get a good turnout.  Might be a good time to introduce bowlers to tougher conditions.  See if the house will put out a sport shot.

You may be surprised how many of the lower average bowlers would enter just to see the difference.  $13 is just about what it would cost to come in and practice.
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MillWorker

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Re: Tournament Pay Outs
« Reply #3 on: February 01, 2006, 08:49:20 AM »
I hope you're successful. Here's some thoughts... and please.. before you all verbally brow beat me for being negative... I'm not being critical.. I'm offering thoughts on past failures and successes from my perspective. My hope is that you're able to succeed.

Don't forget to look at the economics of the tournament to the bowling center.

20 players times 2 games of qualifying = 40 games
Top 8 bracket = 8 games
Final 4 = 4 games
Championship match = 2 games
Total games bowled = 54 games
Your budget for lineage = $100 or roughly $1.86 per game

Not bad but probably a little low. (Definitely low in my area) Your best shot may be trying to run the tournament when the center needs to fill a hole.

Also, with that small of a prize fund I think you'll find it challenging to get people to travel. At 20 people I need to beat 19 to win 70 bucks?

I disagree that you'll draw many lower average bowling in a scratch tournament. They may be curious but they know they are going to get beat and they typically will not donate just to play two games on a different pattern.

Might try to run it after one of the better leagues. Recruit the players during league and start the tournament say 15-30 minutes after league play ends. I've been involved with this in the past and we had some success. It takes a LOT of recruitment effort on your part. As the players committ to the tournament ask them to pay... they are much more likely to follow through and bowl if they've already paid for it.

Best of luck to you. I have some more thoughts and ideas.. PM me if you're interested.


The Illustrious One

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Re: Tournament Pay Outs
« Reply #4 on: February 01, 2006, 11:51:03 AM »
I'd be interested to hear more Mill. Most of the houses in my region are within ten to fifteen minutes of each other....four of them. The hardest one being the least popular at the moment, of course. My average is twenty pins less here than anywhere else easily so I think the lower average bowlers may be interested if nothing else based on the fact that the big dogs will really have to work to excel here. But tell me more, I've got a few weeks to put this together....

Thanks.

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Ragnar

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Re: Tournament Pay Outs
« Reply #5 on: February 01, 2006, 11:54:26 AM »
One, good luck.  I tried putting some tournaments together around here and got zero support - from the center.  I like your idea of a low entry fee tournament.  Around here I think that such a deal, in the right time slot, would attract a fair number of the 170-190 average guys.
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The Illustrious One

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Re: Tournament Pay Outs
« Reply #6 on: February 01, 2006, 02:59:59 PM »
Well I'm also surprised that they pay $5 to only win $30 in a bracket typically. Using that ratio first prize would be $78 instead of $70 based on the numbers of participants I used before. The other option I considered was simply doing a 70/30 for first and second only. That would put 1st at 98 bucks and 2nd at 42. Again, that is only based on 20 entries.

Rags, the one thing I do have in my favor is the house being supportive. The more business the better and I am sure with the idea being used and tweaked it can be successful. The goal is to make this recurring, every week. I'm not sure how many people would have it in them to throw around $20, $30, or $40 dollars every week though perhaps we could make it $13.00 for three weeks and then the big money tourney at the end of each month. Either way, I've been giving plenty of leeway by the proprietor to make it happen.

I seriously appreciate all of your feedback. If you have anything else you would like to share I am all ears. Thank you for taking the time to post and help me out.

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The Illustrious One
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Rags Inspired.