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Prize Pool

• eivets 433 Posts

  Mon, Sep 10 2012 10:53 AM

  I have a suggestion for country club tournaments.

  In our cc occasionally we have "special" tournaments where the participating players pledge X amount of credits toward a prize pool which are to be distributed to the top performers upon completion of the tourney. The distribution of these winnings can be a bit of a nightmare for the person who set up the tourney.

  If there was a "Prize Pool" button available which appeared after players sign up but before tee off in the event it could greatly simplify things.

  I think it could go something like this: Upon sign up for the "special tourney" the player signing up would click on the "Prize Pool" button & be greeted with a " would you like to contribute to the prize pool" {yes or no}. If the player elects to contribute {yes} then a blank box would appear so that the player could pledge X amount of credits to the tourney. These credits would then immediately be deducted from the players account & added to the "Prize Pool". There could be a drop down box showing who contributed & how much with a total "prize pool" amount @ the bottom similar to a leader board. If a player elects not to contribute {no} then they would be sent to the 1st tee to start play. The same would occur for the contributors.

  Upon completion of the tourney {by time limit as we do it now} the tournament administrator {the player who set up the tourney} would be able to access the "prize pool" & distribute the prizes to the deserving players by depositing credits directly to the winning players accounts. Only the tourney administrator would have this power. There could even be a "future prize pool bank" option in the event that the deserving player would like to donate their winnings to a future tourney.

  I believe this could greatly simplify the process of awarding winnings to players & eliminate the need to gift inferior balls to winners, or having winners do a matchplay challenge with the tourney administrator & forfeit the game to the deserving player as this option always results in a reduction in the winnings by the amount of 20% {wgt's rake}.

  What do you think of this idea Wgter's? Good, Bad or indifferent? All opinions will be welcomed along with options to modify this idea for the betterment of the game.

  Signed, Backward Stevie

• thebigeasy707 5,885 Posts

  Mon, Sep 10 2012 11:06 AM

  I like the idea...I like the Afro too lol

  tbe

• PUHOLINO 1,189 Posts

  Mon, Sep 10 2012 12:26 PM

  eivets:

  or having winners do a matchplay challenge with the tourney administrator & forfeit the game to the deserving player as this option always results in a reduction in the winnings by the amount of 20% {wgt's rake}.

   

  Do it in a blitz challenge. The cost is 5 cr each for 30-249 credit challenge, 10 cr for 250-999 credits challenge and 50cr for 1000-2000 amount. And I think your idea is great and it could work perfectly, only thing I would change is the ability of an individual to distribute the fund. There's always a chance someone abuses the power, puts the credits in his account and splits. The distribution of the prize pool should just be predetermined and automated. if people want to put their winnings back in the pool, they just do it the next time you have one.

• cycle1979 1,555 Posts

  Mon, Sep 10 2012 12:38 PM

  Check my profile... East Coast has been doing this for a while.  I take donations though Blitz Challenge and create free tournaments called freerolls daily.  I usually have 2-3 freerolls going at the same time from 100-1000 credits each tourney.  East Coasters play them to earn credits towards clubs or even share freeroll credits to help out friends in the club.  

  The system has worked great with some tourneys having 50+ player entries.

  If you have any questions let me know....

• BG20bball 57 Posts

  Mon, Sep 10 2012 1:32 PM

  how can i do the same thing?

• cycle1979 1,555 Posts

  Mon, Sep 10 2012 3:34 PM

  It helps if you are able to be profitable with credits and can earn enough to initiate the freerolls yourself.  If you have other profitable players in the club, they will hopefully be willing to help out once the freerolls are running smoothly.  If you look at the blog on my profile it may give you a good idea as to how to keep track of the credits.

  Hope that helps?

• eivets 433 Posts

  Tue, Sep 11 2012 8:32 AM

  Thanks for the responses gents. The blitz idea is certainly a better option from a financial standpoint. However, the point of the idea is to completely remove wgt's greedy little hands from the equation & make the distribution of winnings a simple & easy process for the tourney administrator.

  As for the fear that a club member would purposely abscond with all the credits is a bit laughable to me. If this is some thing to worry about perhaps you have the wrong types of people in the membership group. A simple answer to that potential problem could be to make the CC owner the only person with the power to award the credits instead of the player that created the tourney.

  I am a bit perplexed by the lack of response's to this idea & guess I will just assume that we have become numb to the feeling of other's hands in our pockets. And no reply from YJ? 

  Oh well, I guess  the lack of interest by wgt players to this idea is an indication that all or most wgt'ers are satisfied with things as they are presently & that an idea of this nature has little or no chance to grow legs long enough to gain the attention of the powers that be @ wgt.

  Again, I thank you all for your responses.

  Stevie

• cycle1979 1,555 Posts

  Tue, Sep 11 2012 9:02 AM

  Stevie,what do you think of East Coasts freeroll system... check my profile blog. I feel it works well but it helps to have the credits in the hands of someone that can stay profitable of course!!!  As far as WGT programming an easier format... I'd be interested but I can see some issues... mainly players taking advantage of the system.  As much as I'd like to say it wouldn't happen... I'm not that naive.

   

• chris2345 528 Posts

  Tue, Sep 11 2012 9:05 AM

  It's a good idea, but I believe it will never happen.

  WGT will want a rake. If they did'nt take a rake, people would set up a tourney and say that u must add (100 cr for example) to play. That tourney could then be played as a sort of ready go, with the top ten winning. Less would play in the RGs and WGT would loose money from that as well as the money lost from exchanging credits without rake.

  That's the reason I believe it will never happen.

  Cycle 1979's idea of biltz forfeit seems the best. 

  EDIT, and PUHOLINO's idea.

• PUHOLINO 1,189 Posts

  Tue, Sep 11 2012 2:00 PM

  eivets:

  As for the fear that a club member would purposely abscond with all the credits is a bit laughable to me. If this is some thing to worry about perhaps you have the wrong types of people in the membership group. A simple answer to that potential problem could be to make the CC owner the only person with the power to award the credits instead of the player that created the tourney.

   

  Lol, no, I'd trust our members with my own life. But I've lived long enough to know that there will ALWAYS be someone who will do things you and I deem to be reprehensible, so why not make it impossible from the start. I'm quite good at finding loop holes in everything, most of the time in order to plug them if possible. There was a thread a few weeks back discribing how the owner of a CC created an entry fee multi round and then booted all who entered (except himself) from his CC after the first round, so he could get all the credits. I'd stick with the 5 or 10 cr charged blitzes if I were you, don't think for a second that if this prize fund idea would get implemented, nobody would be there to take a rake of at least 10, but more likely 20%.

  Jure