Each of the 15 spots is worth $86,467 ($1297000 / 15)The value of each of the 57 spots is 26.3% of that, assuming all are equal.So the answer is just over $22K ($22,754).That assumes equality. It's really a 56:1 shot at $1M and $297K to be split amongst the rest, so you can take 1/57 of $1M out of the pot and do the math again....and then do it again for second prize, etc. to figure out the answer.I'll do the $1M as an example:1 of 57 wins it, so you have less than 2% chance at it. So everyone has 1.7544% chance at $1M, so that's worth $17,544.Now spread the $297K amongst the other 56 spots.Oh look.... that's $22847 once you add back the $17,544. So basically the answer is about $22-23K.Discussion on the FFOC boards about what 1 of the 57 alive entries is worth at this point in time?15 / 57 earn 3500+ each all the way up to 1,000,000.The other 42 earn $0 (already won $250).Total payouts for the 15 = 1,297,000Each of the 57 teams has a ranking that basically gives them pts advantage or disadvantage to start the wk16 finally should they advance.Ignoring these rankings for a moment what is 1 of the 57 entries worth right now?Each has a 26.3% chance of advancing to a payday of $3500+It's like a puzzle similar to Deal Or No Deal.I'm interested in others thoughts...
I have half action on one of the teams. I had 3 make it to Vegas with 2 dropping out the first week, so I am pretty stoked.Anyone else lucky enough to be still alive in the final 57?One more cut down in wk 15 to see which 15 go go Vegas!
Goodluck We have:RomoShaubRyanEdwardsADPTaylorDWillyStewartGrahamBoldinA. JohnsonR. WhiteBurressDavisCooleyShefflerGostScobeeVikingsChargersEach of the 15 spots is worth $86,467 ($1297000 / 15)The value of each of the 57 spots is 26.3% of that, assuming all are equal.So the answer is just over $22K ($22,754).That assumes equality. It's really a 56:1 shot at $1M and $297K to be split amongst the rest, so you can take 1/57 of $1M out of the pot and do the math again....and then do it again for second prize, etc. to figure out the answer.I'll do the $1M as an example:1 of 57 wins it, so you have less than 2% chance at it. So everyone has 1.7544% chance at $1M, so that's worth $17,544.Now spread the $297K amongst the other 56 spots.Oh look.... that's $22847 once you add back the $17,544. So basically the answer is about $22-23K.
we just got knocked out of the LV bracket but I saw a team starting Warner,fitz, boldin that is still alive. I would assume they are going to have a big week this week. Man I really hope our team doesn't blow up this weekend.![]()
If you are a Brees Owner you are not happy about his pts. Aaron Rodgers is on 16 teams, Warner 16, Cutler 9, Matt Ryan 9, Romo 8 - the weighted average for those players is likely to be > 15.4 pts. What has probably been a position of strength for you during the year is likely to be a weakness this week.Brees in the books with 15.38 pts. His owners are prob happy with that
cant decide if i should put more into the FFOc next year or keep going after the low hanging fruit in the mainstream pay leagues. Much, MUCH easier to win a CBSSportsline league than the FFOC.Same, won the one league I was in but knew we didn't have the firepower to do any damage. I'm not even sure our team was the best in our league, maybe just the luckiest at times.I go half with a buddy even with just 1 team so it's worth the 65 dollars or whatever it cost me to dream about winning the big one. I doubled my money so I'll be playing again next year.Was in one league and won it, we'll be back next year. It's not really about maximizing potential return when playing the odds, it's about a relatively small price (in our case, we'll still be even if we don't earn a dollar next season) for a shot at a million.
Agree with that sentiment. I had 9 CBS leagues this year (platinum) and won 3 leagues so made a small ***** there. Did FFOC to try for the big ***** but did about even money on that. It is fun to play for the big pot though! I think I will be back. Got ousted from the Vegas Bracket week 13 this year but was fun while it lasted.What does everyone think about this now that its done? I played in 2 leagues and won 1, so basically a wash for me. But i dont know if i will play in it next year since i knew that even my one winner had no shot at the million. Just seems like a lot of effort for a system where you have to bat .500 just to break even. I am sure they will have a lot more teams next year, which makes the million seem even further out of reach.cant decide if i should put more into the FFOc next year or keep going after the low hanging fruit in the mainstream pay leagues. Much, MUCH easier to win a CBSSportsline league than the FFOC.
Well, that's obviously a press release as opposed to a "news" story. The guy likely is supposed to get an annuity which pays out $1 million over 20 years or whatever. I doubt he actually got $1 million as a check. I'll be honest. I'm still skeptical of stuff like this as to whether the winner actually get their money. I'm glad so many folks here did well and seem happy with it. I'd like to know that this guy actually got paid, though.XFactor - Hereso who won?
really? I just saw a team name not a person's name listed as 2nd. I clicked on something like live vegas results. Got a link?So it was won by Shane Schroeder and the second place team was owned by Chad Schroeder? Uhhhhh....for real?
Apparently the company is run by some former child star actor....So it was won by Shane Schroeder and the second place team was owned by Chad Schroeder? Uhhhhh....for real?
Ah... the "silver spoon" conspiracy theory is hatched... nice.Apparently the company is run by some former child star actor....So it was won by Shane Schroeder and the second place team was owned by Chad Schroeder? Uhhhhh....for real?
It's no theory my friend, his name is Rick Schroeder, and he is the puppetmaster in a vile scheme.Ah... the "silver spoon" conspiracy theory is hatched... nice.Apparently the company is run by some former child star actor....So it was won by Shane Schroeder and the second place team was owned by Chad Schroeder? Uhhhhh....for real?![]()
So "The Champ" wasn't born "Across the Tracks" but "Too Close to Home"... is that what you're saying...? To think of all the "Innocent Victims" who've been touched by the "Consequences" of this "Black Cloud"... there's no "24" hour cure here... only "Strong Medicine" can make things right again...The holidays have turned me into a raving lunatic... purge complete... back to the 'nog...It's no theory my friend, his name is Rick Schroeder, and he is the puppetmaster in a vile scheme.Ah... the "silver spoon" conspiracy theory is hatched... nice.Apparently the company is run by some former child star actor....So it was won by Shane Schroeder and the second place team was owned by Chad Schroeder? Uhhhhh....for real?![]()
He won my league with a team that was 17-2, however that team didn't make it through any of the brackets (CT&D III). But I see he had at least 17 teams (assuming he named them sequentially). In addition to winning second, he also had a team (CD&D I) that finished 12th in the Las Vegas bracket and a team (CT&D XVII) that finished 13th in the 1st and goal bracket.If 2nd place team, would have started Jacobs over Slaton he would have won going away.
Still $100k should take away some of the sting...
http://www.ffoc.com/boxscores/liveall.php
I'm guessing that had a bunch of sponsors.How did they pay out roughly $2mil in prize money when they only brought in about $825,000 (prior to any of the advertised discounts) in entry fees? Are there any other costs associated with this contest?Does anyone know the answer as to whether Chad was handed a check versus an annuity?
1) The winner was Shane Schroeder - and yes he got a check for $1 Million2) 2nd place was Chad Schroeder (Cocktails & Dreams) - NO relation, who also had a second team that was 10th or 11th IIRC3) YES they took a big loss this year, but with the money they had already committed to the event and more advertising, when they got to the decision point they did not want to cancel the event, believing correctly IMO that if they played out the season and awarded the prizes, they would more than double their entries next season and make up some of the losses. They did have some sponsors involved, but the majority of the shortfall was covered by the principals in the event.How did they pay out roughly $2mil in prize money when they only brought in about $825,000 (prior to any of the advertised discounts) in entry fees? Are there any other costs associated with this contest?Does anyone know the answer as to whether Chad was handed a check versus an annuity?
Yeah it was a smart call, take the loss this year and see enrollment skyrocket once the doubters see the million paid out. I think we'll see at least 20k next year.1) The winner was Shane Schroeder - and yes he got a check for $1 Million2) 2nd place was Chad Schroeder (Cocktails & Dreams) - NO relation, who also had a second team that was 10th or 11th IIRC3) YES they took a big loss this year, but with the money they had already committed to the event and more advertising, when they got to the decision point they did not want to cancel the event, believing correctly IMO that if they played out the season and awarded the prizes, they would more than double their entries next season and make up some of the losses. They did have some sponsors involved, but the majority of the shortfall was covered by the principals in the event.How did they pay out roughly $2mil in prize money when they only brought in about $825,000 (prior to any of the advertised discounts) in entry fees? Are there any other costs associated with this contest?Does anyone know the answer as to whether Chad was handed a check versus an annuity?
Oops, got my Schroeders mixed up.From all the talk that the contest has produced I think that you're right....this thing will explode next year.1) The winner was Shane Schroeder - and yes he got a check for $1 Million2) 2nd place was Chad Schroeder (Cocktails & Dreams) - NO relation, who also had a second team that was 10th or 11th IIRC3) YES they took a big loss this year, but with the money they had already committed to the event and more advertising, when they got to the decision point they did not want to cancel the event, believing correctly IMO that if they played out the season and awarded the prizes, they would more than double their entries next season and make up some of the losses. They did have some sponsors involved, but the majority of the shortfall was covered by the principals in the event.How did they pay out roughly $2mil in prize money when they only brought in about $825,000 (prior to any of the advertised discounts) in entry fees? Are there any other costs associated with this contest?Does anyone know the answer as to whether Chad was handed a check versus an annuity?
Why? Your ratio of avid FF players to those who are just taking a shot at a million will probably be much lower in following years. Sort of like how the World Series of Poker championship has been devalued in the minds of "pros" with all the amateurs playing and turning it into a crapshoot.Topes said:Of course, if there are three times the number of entrants next year, his championship is tainted. (The prize money makes up for that, I guess.)
Jus' making fun is all.Why? Your ratio of avid FF players to those who are just taking a shot at a million will probably be much lower in following years. Sort of like how the World Series of Poker championship has been devalued in the minds of "pros" with all the amateurs playing and turning it into a crapshoot.Of course, if there are three times the number of entrants next year, his championship is tainted. (The prize money makes up for that, I guess.)
I think that was a ceremonial check, like when you win a sweepstakes or the lottery. Not sure, though.1) The winner was Shane Schroeder - and yes he got a check for $1 Million2) 2nd place was Chad Schroeder (Cocktails & Dreams) - NO relation, who also had a second team that was 10th or 11th IIRCHow did they pay out roughly $2mil in prize money when they only brought in about $825,000 (prior to any of the advertised discounts) in entry fees? Are there any other costs associated with this contest?
Does anyone know the answer as to whether Chad was handed a check versus an annuity?
3) YES they took a big loss this year, but with the money they had already committed to the event and more advertising, when they got to the decision point they did not want to cancel the event, believing correctly IMO that if they played out the season and awarded the prizes, they would more than double their entries next season and make up some of the losses. They did have some sponsors involved, but the majority of the shortfall was covered by the principals in the event.
NO, to the best of my knowledge there was NOT a ceremonial check - they had $1 Million CASH brought into the room in the Bellagio where he took press photos with Jerry Rice etc.The winners were given checks or the option for a wire transfer on Monday night, before they left Las Vegas.I think that was a ceremonial check, like when you win a sweepstakes or the lottery. Not sure, though.1) The winner was Shane Schroeder - and yes he got a check for $1 Million2) 2nd place was Chad Schroeder (Cocktails & Dreams) - NO relation, who also had a second team that was 10th or 11th IIRCHow did they pay out roughly $2mil in prize money when they only brought in about $825,000 (prior to any of the advertised discounts) in entry fees? Are there any other costs associated with this contest?
Does anyone know the answer as to whether Chad was handed a check versus an annuity?
3) YES they took a big loss this year, but with the money they had already committed to the event and more advertising, when they got to the decision point they did not want to cancel the event, believing correctly IMO that if they played out the season and awarded the prizes, they would more than double their entries next season and make up some of the losses. They did have some sponsors involved, but the majority of the shortfall was covered by the principals in the event.
OK, but that doesn't make a lot of sense to me.NO, to the best of my knowledge there was NOT a ceremonial check - they had $1 Million CASH brought into the room in the Bellagio where he took press photos with Jerry Rice etc.The winners were given checks or the option for a wire transfer on Monday night, before they left Las Vegas.I think that was a ceremonial check, like when you win a sweepstakes or the lottery. Not sure, though.1) The winner was Shane Schroeder - and yes he got a check for $1 Million2) 2nd place was Chad Schroeder (Cocktails & Dreams) - NO relation, who also had a second team that was 10th or 11th IIRCHow did they pay out roughly $2mil in prize money when they only brought in about $825,000 (prior to any of the advertised discounts) in entry fees? Are there any other costs associated with this contest?
Does anyone know the answer as to whether Chad was handed a check versus an annuity?
3) YES they took a big loss this year, but with the money they had already committed to the event and more advertising, when they got to the decision point they did not want to cancel the event, believing correctly IMO that if they played out the season and awarded the prizes, they would more than double their entries next season and make up some of the losses. They did have some sponsors involved, but the majority of the shortfall was covered by the principals in the event.
Given the economy, I think it's more likely the contest will fold.Congrats to the fbgs that did well this year.Yeah it was a smart call, take the loss this year and see enrollment skyrocket once the doubters see the million paid out. I think we'll see at least 20k next year.1) The winner was Shane Schroeder - and yes he got a check for $1 Million2) 2nd place was Chad Schroeder (Cocktails & Dreams) - NO relation, who also had a second team that was 10th or 11th IIRC3) YES they took a big loss this year, but with the money they had already committed to the event and more advertising, when they got to the decision point they did not want to cancel the event, believing correctly IMO that if they played out the season and awarded the prizes, they would more than double their entries next season and make up some of the losses. They did have some sponsors involved, but the majority of the shortfall was covered by the principals in the event.How did they pay out roughly $2mil in prize money when they only brought in about $825,000 (prior to any of the advertised discounts) in entry fees? Are there any other costs associated with this contest?Does anyone know the answer as to whether Chad was handed a check versus an annuity?
sign ups for FFOC 2009 will begin January 12th, 2009. Loos like they will have early bird prices for 3/5/10 team packages.Given the economy, I think it's more likely the contest will fold.Congrats to the fbgs that did well this year.Yeah it was a smart call, take the loss this year and see enrollment skyrocket once the doubters see the million paid out. I think we'll see at least 20k next year.1) The winner was Shane Schroeder - and yes he got a check for $1 Million2) 2nd place was Chad Schroeder (Cocktails & Dreams) - NO relation, who also had a second team that was 10th or 11th IIRC3) YES they took a big loss this year, but with the money they had already committed to the event and more advertising, when they got to the decision point they did not want to cancel the event, believing correctly IMO that if they played out the season and awarded the prizes, they would more than double their entries next season and make up some of the losses. They did have some sponsors involved, but the majority of the shortfall was covered by the principals in the event.How did they pay out roughly $2mil in prize money when they only brought in about $825,000 (prior to any of the advertised discounts) in entry fees? Are there any other costs associated with this contest?Does anyone know the answer as to whether Chad was handed a check versus an annuity?
At a maximum price of $125 for a team, I don't think this is going anywhere unless fantasy football implodes.BassNBrew said:Given the economy, I think it's more likely the contest will fold.Congrats to the fbgs that did well this year.
I got a check less than a week after I put in my claim for it.For those of you who won any money........how did you get paid? By check in mail, my money though the credit card you signed up with?
i chose to just get free teams next year. i am assuming its all been taken care of already since my pending teams show up in my accountFor those of you who won any money........how did you get paid? By check in mail, my money though the credit card you signed up with?