JohnnyU
Footballguy
The increase in leagues getting ripped off of their winnings is becoming an epidemic. People are seeing a way to easily rip off people, so they do. Criminals can always sniff out ways to rob honest hard working people. Not to mention the increase in degenerate gamblers out there who see an easy way to feed their habit. I know everyone says use Leaguesafe, but doesn't the commish still have control over the money in a way? Or am I missing something?
Leaguesafe FAQ -
Winner payouts: How do I get paid at the end of the season?
Once the season has ended, your league commissioner will assign league funds to the winners of your league. Once the payout allocations have been approved in accordance with the Payout Rule for your league, individual winners are responsible for logging in to their LeagueSafe accounts and withdrawing their winnings. The amount available for withdrawal will be shown at the top of your user home page. Funds are available within 24 hours from the end of the regular season.
Payouts: Majority Vote Method
Commissioners who selected the Majority Vote payout method at the beginning of the season are solely responsible for allocating payouts at the end of the season. Once the allocation has been submitted, the league will be given a chance to vote on the proposed allocations via email. Once the allocation has received enough votes to pass with a 51% majority, funds will transfer from the league into individual owner accounts.
The vote will stay open for 7 days. If not enough votes are cast to reach a majority, the allocation will pass or fail based on the number of votes cast at the time of expiration. For example, if 3 members of a 10-team league vote YES and 1 votes NO, the allocation would pass by a count of 3-1 upon expiration.
ETA: Looks like eveyrone needs to make sure your Payout Rule is Majority Approval instead of Commissioner Control.
Leaguesafe FAQ -
Winner payouts: How do I get paid at the end of the season?
Once the season has ended, your league commissioner will assign league funds to the winners of your league. Once the payout allocations have been approved in accordance with the Payout Rule for your league, individual winners are responsible for logging in to their LeagueSafe accounts and withdrawing their winnings. The amount available for withdrawal will be shown at the top of your user home page. Funds are available within 24 hours from the end of the regular season.
Payouts: Majority Vote Method
Commissioners who selected the Majority Vote payout method at the beginning of the season are solely responsible for allocating payouts at the end of the season. Once the allocation has been submitted, the league will be given a chance to vote on the proposed allocations via email. Once the allocation has received enough votes to pass with a 51% majority, funds will transfer from the league into individual owner accounts.
The vote will stay open for 7 days. If not enough votes are cast to reach a majority, the allocation will pass or fail based on the number of votes cast at the time of expiration. For example, if 3 members of a 10-team league vote YES and 1 votes NO, the allocation would pass by a count of 3-1 upon expiration.
ETA: Looks like eveyrone needs to make sure your Payout Rule is Majority Approval instead of Commissioner Control.
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