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View Full Version : OT-Question on NCAA Pool Money(Please help)


phibacka31
03-28-2011, 07:33 PM
I know this is OT, but I just need to make sure I'm not completely crazy. My question is how would you(should it) pay out a 98 entry $5 buyin NCAA tourny pool? I just want some opinions because I don't agree with how the guy at work is doing it... thanks!

RhymesayersDU
03-28-2011, 07:40 PM
Well don't the rules state up front how the payouts go?

I mean... you could do it any way you wanted. I know this is of no help, but there's any number of combos, numbers of places paid out, etc.

phibacka31
03-28-2011, 07:41 PM
Unfortunetly it wasn't said before the games( I should have complained earlier) But I would think that 1st should get min of 50% of the pot. Am I crazy?

Missouribronc
03-28-2011, 07:43 PM
60, 30, 10

Or 60, 25, 15

If you're paying three spots.

Even 70, 20, 10 is acceptable, as long as third place makes his money back.

phibacka31
03-28-2011, 07:44 PM
That's what I thought. He has:

1st 175 (35%)
2nd 120 (25%)
3rd 100 (20%)
4th 50 (10%)
5th 20 (5%)
6th 20 (5%)
98th: 5

I think that is complete BS

Missouribronc
03-28-2011, 07:44 PM
6 places? That's stupid.

phibacka31
03-28-2011, 07:45 PM
I agree completely and the fact that 1st would only get 35% is the worst part IMO

titan
03-28-2011, 07:49 PM
Definitely should have announced the prize distribution before the tourney started. But I can see his logic for paying more places - keeps more people interested. He should be paying at least 50% for 1st though.

RhymesayersDU
03-28-2011, 07:49 PM
Yeah holy ****, that's retarded.

Dare I ask what place the league commish is coming in?

I say no more than 3 places paid. The last place deal is funny though.

Carmelo15
03-28-2011, 07:50 PM
Winner takes all

Missouribronc
03-28-2011, 07:50 PM
Yeah holy ****, that's retarded.

Dare I ask what place the league commish is coming in?

I say no more than 3 places paid. The last place deal is funny though.

Totally cool with last place taking his money back, that's just funny. The rest...bull****.

phibacka31
03-28-2011, 07:50 PM
I don't believe he's in the running for any. I actually have no problem paying that many ppl but COME ON 1st should get min of 50% right?

RhymesayersDU
03-28-2011, 07:51 PM
But I can see his logic for paying more places - keeps more people interested.

But this isn't fantasy football, where you have concerns over people giving up at the end of the season. You fill out a bracket once and let the chips fall as they may.

Interest should have no bearing in this type of deal.

phibacka31
03-28-2011, 07:53 PM
and you could put in as many brackets as you wanted...
BTW I filled out 1 and have already won the whole damn thing, so I don't mean to sound bitter, but just got the Payout structure and was so pissed and I shouldn't have assumed it would be fair and now am trying to go about b****ing the right way without sounding like a little B****. I would have said it was bogus if I came in 97th...

broncosteven
03-28-2011, 08:03 PM
Is this a good place to Ride Alec for the Jayhawks choking?

RhymesayersDU
03-28-2011, 08:05 PM
Is this a good place to Ride Alec for the Jayhawks choking?

I don't believe there's a bad place to Ride Alec about KU.

That One Guy
03-28-2011, 08:41 PM
I would never bet without knowing payouts and I would never gamble with people from work.

I'd say take the money and run to preserve a good work relationship.

broncocalijohn
03-28-2011, 08:47 PM
That's what I thought. He has:

1st 175 (35%)
2nd 120 (25%)
3rd 100 (20%)
4th 50 (10%)
5th 20 (5%)
6th 20 (5%)
98th: 5

I think that is complete BS

With 98 entries, I think that is pretty fair. Go play poker and see that they pay out 10-12% of the entries. I wouldnt bitch too much.

worm
03-29-2011, 05:03 AM
Is it really worth the aggravation in your workplace for $75? (Difference between 50% and 35%)

If the payouts weren't announced earlier then I am sure most are not taking it as seriously as you. Bitching after you won will only be viewed one way, no matter how many times you say you would have done the same thing if you came in 97 place.

Congrats on the win though. Maybe you should run it next year.

Bronco Boy
03-29-2011, 08:38 AM
You should claim sexual assault so the guy gets fired. Just sayin'.