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FFOC $1,000,000 (2 Viewers)

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 = 1,297,000

Each 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...

 
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...
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.
 
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!
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. :football: Goodluck We have:RomoShaubRyanEdwardsADPTaylorDWillyStewartGrahamBoldinA. JohnsonR. WhiteBurressDavisCooleyShefflerGostScobeeVikingsChargers
 
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.

:bag:

 
Thanks JP! I'd probably sell half of mine for much less than 11,000 but then again how often does one get those kinda odds at a million dollars in their lifetime?The actual payouts are:1 mil, 100k, 50k, 40k, 30k, 20k, 10k, 9/8/7/6/5/4.5/4/3.5It would be so interesting to see a DD type percentile projections report for the final 57. I'd even pay for it.There are many common players left and I think if you have just 1 or 2 of your lower% guys go off it will get you to the final 15.

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.
 
It will be interesting if the BFW (Boldin/Fitz/Warner) entry(ies) make it to the big dance how they do in a tough wk16.

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. :football:
 
For those still in and want to give themselves an ulcer this is a rough count of the most owned players on teams left.

Tony G 21

Deangelo 20

Brees 17

A rodgers 16

Warner 16

Fitz 16

Marshall 15

Chris Johnson 15

Turner 14

ADP 13

Steelers D 13

TO 13

Forte 11

Roddy white 11

Steve Slaton 10

andre Johnson 9

Cutler 9

Matt Ryan 9

Jacobs 8

D mason 8

Jennigns 8

kevin walter 8

steve smith 8

steven Jackson 8

Thomas JOnes 8

tony Romo 8

Baltimore D 7

Jason witten 7

Land whate 7

Jets d 7

R bush 7

Shaun hill 7

Breaston 7

Vincent Jackson 7

Zach miller 7

Anquan boldin 6

Eddie Royal 6

Minny D

Garrard 6

Its a very rough list but should give you a good Idea of how ####ed you are when someone not on your team scores.

 
Interesting distribution of players owned in F57.

Brees in the books with 15.38 pts. His owners are prob happy with that and those without him are not sunk yet either.

2 owners hit the early P Thomas present of 28.60 pts!

Skull Crushers

Kram Madness

A bump like that would be a great way to start your wk15.

I'm in a tie for last with no horses in the race yet.

 
Brees in the books with 15.38 pts. His owners are prob happy with that
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.
 
What I meant was the way the game was going last night 15.38 pts looks pretty good IMO. A lot of Brees owners might have settled for 12 pts at half time given the option!

 
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. :shrug: 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.

 
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.

 
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.
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.
 
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. :coffee: 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.
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.
 
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.

 
So it was won by Shane Schroeder and the second place team was owned by Chad Schroeder? Uhhhhh....for real?

 
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So it was won by Shane Schroeder and the second place team was owned by Chad Schroeder? Uhhhhh....for real?
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?
 
that is a pretty awesome team.

Sometimes, after playing in 12 and 14 team leagues, I feel like every team in a 10 team league is stacked. I think he has the perfect team or close to it though.

 
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....
Ah... the "silver spoon" conspiracy theory is hatched... nice. :rolleyes:
It's no theory my friend, his name is Rick Schroeder, and he is the puppetmaster in a vile scheme.
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...

 
I'm interested to see how much this contest expands by next season. They had 6600 entries this year...I'm betting they at least double that. Although I consider this contest more like fantasy football lottery unlike other contests like the NFFC and WCOFF, I will enter 5-6 teams next year. Heck you can't beat the chance to win a $1 million....for playing fantasy football.

 
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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?

 
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
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.
 
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?
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?
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.
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.
 
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.
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.
 
XFACTOR Team Roster

QB: Philip Rivers, Aaron Rodgers

RB: Michael Turner, DeAngelo Williams, Joseph Addai, Larry Johnson,

Jerious Norwood, Sammy Morris

WR: Andre Johnson, Laveranues Coles, Ted Ginn, Anquan Boldin, Ike

Hilliard, Kevin Curtis

TE: Tony Gonzalez, Vernon Davis

K: Kris Brown, Mason Crosby

DEF: Tennessee Titans, Green Bay Packers

Doesn't look that great to me. Nice win!

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.)

 
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.)
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.)
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.
Jus' making fun is all.
 
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 IIRC

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.
I think that was a ceremonial check, like when you win a sweepstakes or the lottery. Not sure, though.
 
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 IIRC

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.
I think that was a ceremonial check, like when you win a sweepstakes or the lottery. Not sure, though.
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.

 
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 IIRC

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.
I think that was a ceremonial check, like when you win a sweepstakes or the lottery. Not sure, though.
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.
OK, but that doesn't make a lot of sense to me.
 
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.
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.
Given the economy, I think it's more likely the contest will fold.Congrats to the fbgs that did well this year.
 
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.
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.
Given the economy, I think it's more likely the contest will fold.Congrats to the fbgs that did well this year.
sign ups for FFOC 2009 will begin January 12th, 2009. Loos like they will have early bird prices for 3/5/10 team packages.
 
BassNBrew said:
Given the economy, I think it's more likely the contest will fold.Congrats to the fbgs that did well this year.
At a maximum price of $125 for a team, I don't think this is going anywhere unless fantasy football implodes.
 
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?

 
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 account
 

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