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Thanks. But it's all of you guys joining and making this the event that it is.I think this event really is going to be something special. Not just this year, but for many more going forward. Looks like we are now at 565 so the Progressive is probably going to trip on Tuesday sometime.
looks like Aug 17 is the big day. Congrats
We will have drafts all the way until September 8th. We currently sit at 690 total teams and expect this to get downright silly over the next couple of weeks.Awesome. Looks like this league will be a huge success.I know you guys run a top notch league. When is the deadline to get in?Thanks,Joe T
I know FootballGuys wants to make money from the new contest but I was looking at the progressive scenareo. Does'nt seem like the increased payout coincides with with the number of players. At 600 teams its 50k. At 1200 its 75K. Theoretically it should be 100k. Anyone else notice that? Almost think it would be better to close it off at 600 teams flat. Just looking at the numbers...more teams...more chance for the perfect team to take it all. Might be a good topic of discussion here. Stoked with my team by the way...looking forward to Brady's 50TD'sWe will have drafts all the way until September 8th. We currently sit at 690 total teams and expect this to get downright silly over the next couple of weeks.Awesome. Looks like this league will be a huge success.I know you guys run a top notch league. When is the deadline to get in?Thanks,Joe T
The math is not as simple as you are presenting at all. We are increasing a slew of other prizes as we go besides the top prize. 2nd, consolation, and a bunch of other prizes all increase each step up the ladder. Additionally this contest would have likely lost money right at 600 teams. Above 100 leagues, we will add $1,500 in prizes for every league added. This is on top of the $2,000+ in league prizes. Since many entries come in around $333 (3 for $1,000) and we lose 3% via Visa/Mastercard, you can do the math. We are operating on very slim margins here. There are costs for promoting, managing, league software, etc. There is a reason there has not been an event this big at this price range before. It's extremely difficult to pull off. Had we sold 300 teams with our guaranteed prize pool of $50K, we would have taken a bath. But in the end we are not looking to twist anyone's arm. We know the prize structure is very fair and it's a big reason we have sold so many entries already.gladmark said:I know FootballGuys wants to make money from the new contest but I was looking at the progressive scenareo. Does'nt seem like the increased payout coincides with with the number of players. At 600 teams its 50k. At 1200 its 75K. Theoretically it should be 100k. Anyone else notice that? Almost think it would be better to close it off at 600 teams flat. Just looking at the numbers...more teams...more chance for the perfect team to take it all. Might be a good topic of discussion here. Stoked with my team by the way...looking forward to Brady's 50TD's
Cool...point taken. Just would be amazing if this thing rivaled the FFPC 100k contest in its first year for prize money. Can you imagine? But, you cant predict the future so I understand. Maybe an alternative to consider is boosting the top 10 prize payouts instead of adding it MOSTLY to the grand prize. Its a big accomplishment to finish top 10. Like the guy in 10th would make like $2,500. Im not a math expert and havent studied prize structure...just sayin. Softens the blow from being so close.....Im ALL in on the contest David...happy to say I was in the inaugural season...The math is not as simple as you are presenting at all. We are increasing a slew of other prizes as we go besides the top prize. 2nd, consolation, and a bunch of other prizes all increase each step up the ladder. Additionally this contest would have likely lost money right at 600 teams. Above 100 leagues, we will add $1,500 in prizes for every league added. This is on top of the $2,000+ in league prizes. Since many entries come in around $333 (3 for $1,000) and we lose 3% via Visa/Mastercard, you can do the math. We are operating on very slim margins here. There are costs for promoting, managing, league software, etc. There is a reason there has not been an event this big at this price range before. It's extremely difficult to pull off. Had we sold 300 teams with our guaranteed prize pool of $50K, we would have taken a bath. But in the end we are not looking to twist anyone's arm. We know the prize structure is very fair and it's a big reason we have sold so many entries already.gladmark said:I know FootballGuys wants to make money from the new contest but I was looking at the progressive scenareo. Does'nt seem like the increased payout coincides with with the number of players. At 600 teams its 50k. At 1200 its 75K. Theoretically it should be 100k. Anyone else notice that? Almost think it would be better to close it off at 600 teams flat. Just looking at the numbers...more teams...more chance for the perfect team to take it all. Might be a good topic of discussion here. Stoked with my team by the way...looking forward to Brady's 50TD's
