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Poll
Question: In a 100 seat comp, what % should top place be?
100% - 3 (5.4%)
90% - 0 (0%)
80% - 0 (0%)
70% - 2 (3.6%)
60% - 0 (0%)
50% - 2 (3.6%)
40% - 9 (16.1%)
30% - 31 (55.4%)
25% or below - 4 (7.1%)
39% - 0 (0%)
38% - 0 (0%)
37% - 0 (0%)
36% - 0 (0%)
35% - 5 (8.9%)
34% - 0 (0%)
33% - 0 (0%)
32% - 0 (0%)
31% - 0 (0%)
30% - 0 (0%)
Total Voters: 1

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Author Topic: Payout Structures  (Read 17852 times)
vleis20
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« Reply #105 on: August 26, 2005, 01:30:12 AM »
Quote from: womble on August 24, 2005, 07:00:25 PM
Figure its about time to throw a spanner in the works.

The poll has been prepared with incomplete information and is bound to provide a skewed result. The options available were limited ie do you want 30% or 40% and the baseline is restricted to a 100 runner comp.

What payout do you propose for 70 runners or 140 or 190 or 250 etc.etc.

My point in suggesting the use of a tried and tested formula (Tex's TEARS) is that you can have a spreadsheet which is ready made to cover most eventualities.

It would appear to be fair the standard split on a 100 runner comp is not that far removed from what the 'majority' want.

I have heard it argued that the Americans have a distinct advantage over the Brits since they are used to playing out comps to win, rather than dealing 5 ways. Since this structure is commonly used in the States, I can only presume that it facilitates playing out for the prizes.

Why do we need to re-invent the wheel here, I cannot recall too many UK players bemoaning the payouts in American comps.

The formula exists, somebody else has done the hard work, why can't we just adopt it.

But having after looking info at the Tex Morgan website, he will supply his software free of charge as long as the person who is buying it pays his representatives airfare and expenses to install and explain it. In a world of increasing competition it will be a brave cardroom supervisor/manager who suggests that to the big bosses. Maybe the new 'Cardroom Magic' software may herald a new era. Perhaps someone from Wallsall could comment?
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dik9
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« Reply #106 on: August 28, 2005, 01:55:49 PM »
OK not many results in but I need to run it soon please give me a yah or nay on this

   Broadway revised payout structure
1st   30
2nd   20
3rd   13
4th   10
5th   7
6th   6
7th   5
8th   4
9th   3
10th   2
If Yays win I will try it out on Monday
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« Reply #107 on: August 28, 2005, 01:59:58 PM »
ok who said 100%
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« Reply #108 on: August 28, 2005, 02:05:15 PM »
Dunno but is that a yes or no?
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« Reply #109 on: August 28, 2005, 02:06:06 PM »
Yes, well done
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« Reply #110 on: August 28, 2005, 02:09:54 PM »
But if you start asking opinions, you'll be back where you started
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« Reply #111 on: August 28, 2005, 02:12:03 PM »
LOL I know! just seeking approval !!
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« Reply #112 on: August 28, 2005, 05:16:46 PM »
YEP
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tikay
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« Reply #113 on: August 29, 2005, 04:07:15 PM »

"JUST DO IT".

Way to go Dik.
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« Reply #114 on: August 30, 2005, 05:32:40 AM »
OK tried it out tonight! 61 runners £4000 prize 7 complaints pre tourny 3 after tourny AND TO CAP IT ALL IT GOT CHOPPED 5 WAYS!!!! WTF? Was this some form of initiation into the forum? Got a pig of a migraine! Oh well its done now suppose it will change back to 40% when the greeks start hounding the Big Wigs. But I kept my word and it will stay at this percentage for the near future at least!
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« Reply #115 on: August 30, 2005, 11:11:54 AM »
Well done dik

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« Reply #116 on: August 30, 2005, 11:47:28 AM »
10 complaints out of 61 is a minority remember.
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« Reply #117 on: August 30, 2005, 02:24:32 PM »
LOL yeah I know, but 51 people never saw the ammendment Grin
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« Reply #118 on: August 31, 2005, 06:10:35 AM »
 Cry Cry Cry Cry Cry :'(Greeks got in there really quick! Boss got pissed off at the number of complaints. Did an impromptu poll of "our" players and 68 % said 40% should be top prize and a few said 50% and even a 70%. As nobody had complained in the first place looks like we will be going back to original structure!  SORRY!!!! Cry Cry Cry  Tried.....even if was for just the 1 night! BTW it got chopped up between top 5 again tonight!
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« Reply #119 on: August 31, 2005, 06:13:20 AM »
Quote from: dik9 on August 30, 2005, 05:32:40 AM
. But I kept my word and it will stay at this percentage for the near future at least!
I shall eat my words!!!
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