To me there is zero question the 15 team format has proved too daunting for some past participants. I'm one of them. I have played since year one, but the last 2 years out of habit. I had decided to never play it again. I have introduced more than a few friends to NFBC. Local lg pros, most found the format too tough. The thin waiver wire combined with no trading made the 15 team format too hard/different for their tastes.
Sure their are guys who, regardless of game/format, have a way to cash checks with multiple zeroes more years than not. But for the rest of us mortals, some contests seem, or are proven to be, too tough.
I suppose most feedback given to Greg in this thread are from folks who are interested and likely capable of taking down the top spot in the ME. As someone who has played every year, and will readily acknowledge it would take more than my fair share of luck to pull it off, I offer these thoughts regarding a 12 team live format:
1) New players will almost certainly have participated in a 12 team format at some point. That can't hurt.
2) Owners who have decided 15 team is just too tough, but like the live format and/or large grand prize are more likely to come back to NFBC. I think had the NFBC started as a 12 team format, there would be a greater percentage of retention, also known as more current participants.
3) There will be more entries in the 12 team 1k+ entry than in the Main Event, maybe as soon as this year. I am all but sure it will be this year if Greg ends up offering draft dates and times above what the ME offers.
4) I would not fall on the floor shocked if within 3 years the 15 team format becomes more of a niche contest, while the 12 team becoming the first NFBC contest with a grand prize greater than 100k. Pure speculation obviously, and I'd hope nobody gets upset with this statement. But it surely would not be a reason for Greg to eschew the high stakes 12 team concept.
5) If I was Greg, I would base the entry fee on how much I believed #4 was likely to occur. If it becomes the flagship contest some day, what would the preferred price point be? That being said, I'd match it to the ME entry, as the 350 Online Championship allows the folks not interested in plunking down a large sum an opportunity to cash pretty big. Although I could see thinking it's possible the 12 team format could become the more popular contest, and still think a 1k entry makes more sense.
6) Both contests really do naturally co-exist. I'd start by making the differences accentuated, and then it's up to the buyer. I'd make the 12 team very online friendly, while taking the 15 team the opposite.(No online lgs, gotta draft live.) I'd make the 12 team have as many different draft dates and time as possible, while keeping the ME to just the two draft dates/times. Or possibly go back to one draft date/time. Would not do that this year, but consider it for next.
[ October 11, 2011, 03:12 PM: Message edited by: Potter ]
Feedback Wanted On 12-Team NFBC Main Event
Feedback Wanted On 12-Team NFBC Main Event
Originally posted by Potter:
4) I would not fall on the floor shocked if within 3 years the 15 team format becomes more of a niche contest, while the 12 team becoming the first NFBC contest with a grand prize greater than 100k. Pure speculation obviously, and I'd hope nobody gets upset with this statement. But it surely would not be a reason for Greg to eschew the high stakes 12 team concept.
Potter - All well thought out points. As for #4, I think the NFFC is going through the transition now of becoming more of a 12 team event. The NFFC 14 team format has proven too difficult for most and the signups really aren't growing as much.
So, you might be right about #4, however, I can only hope the 15 team event stays the Cadillac of the NFBC.
4) I would not fall on the floor shocked if within 3 years the 15 team format becomes more of a niche contest, while the 12 team becoming the first NFBC contest with a grand prize greater than 100k. Pure speculation obviously, and I'd hope nobody gets upset with this statement. But it surely would not be a reason for Greg to eschew the high stakes 12 team concept.
Potter - All well thought out points. As for #4, I think the NFFC is going through the transition now of becoming more of a 12 team event. The NFFC 14 team format has proven too difficult for most and the signups really aren't growing as much.
So, you might be right about #4, however, I can only hope the 15 team event stays the Cadillac of the NFBC.
Feedback Wanted On 12-Team NFBC Main Event
These are well thought out points.
However, saying no to online 15 teamers would be detrimental to the NFBC. If I remember right, there were six online leagues for the Main Event. Throwing them out could result in the loss of 90 players and $126,000.
.
The 12 team leagues should do very well on their own with a price point of $1,000 or less.
Limitations on one contest to promote another is not a solution. Penalizing those that cannot travel or those with health issues would seem to defeat the 15 team leagues more than help 12 teamers.
However, saying no to online 15 teamers would be detrimental to the NFBC. If I remember right, there were six online leagues for the Main Event. Throwing them out could result in the loss of 90 players and $126,000.
.
The 12 team leagues should do very well on their own with a price point of $1,000 or less.
Limitations on one contest to promote another is not a solution. Penalizing those that cannot travel or those with health issues would seem to defeat the 15 team leagues more than help 12 teamers.
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Feedback Wanted On 12-Team NFBC Main Event
Originally posted by Potter:
To me there is zero question the 15 team format has proved too daunting for some past participants. I'm one of them. I have played since year one, but the last 2 years out of habit. I had decided to never play it again. I have introduced more than a few friends to NFBC. Local lg pros, most found the format too tough. The thin waiver wire combined with no trading made the 15 team format too hard/different for their tastes.
Sure their are guys who, regardless of game/format, have a way to cash checks with multiple zeroes more years than not. But for the rest of us mortals, some contests seem, or are proven to be, too tough.
I suppose most feedback given to Greg in this thread are from folks who are interested and likely capable of taking down the top spot in the ME. As someone who has played every year, and will readily acknowledge it would take more than my fair share of luck to pull it off, I offer these thoughts regarding a 12 team live format:
1) New players will almost certainly have participated in a 12 team format at some point. That can't hurt.
2) Owners who have decided 15 team is just too tough, but like the live format and/or large grand prize are more likely to come back to NFBC. I think had the NFBC started as a 12 team format, there would be a greater percentage of retention, also known as more current participants.
3) There will be more entries in the 12 team 1k+ entry than in the Main Event, maybe as soon as this year. I am all but sure it will be this year if Greg ends up offering draft dates and times above what the ME offers.
4) I would not fall on the floor shocked if within 3 years the 15 team format becomes more of a niche contest, while the 12 team becoming the first NFBC contest with a grand prize greater than 100k. Pure speculation obviously, and I'd hope nobody gets upset with this statement. But it surely would not be a reason for Greg to eschew the high stakes 12 team concept.
5) If I was Greg, I would base the entry fee on how much I believed #4 was likely to occur. If it becomes the flagship contest some day, what would the preferred price point be? That being said, I'd match it to the ME entry, as the 350 Online Championship allows the folks not interested in plunking down a large sum an opportunity to cash pretty big. Although I could see thinking it's possible the 12 team format could become the more popular contest, and still think a 1k entry makes more sense.
6) Both contests really do naturally co-exist. I'd start by making the differences accentuated, and then it's up to the buyer. I'd make the 12 team very online friendly, while taking the 15 team the opposite.(No online lgs, gotta draft live.) I'd make the 12 team have as many different draft dates and time as possible, while keeping the ME to just the two draft dates/times. Or possibly go back to one draft date/time. Would not do that this year, but consider it for next. All interesting points Emmett and I do agree with much of what you have written. Fantasy football players know all too well how big the 12-team market is and I'm the only one who has stuck with a 14-team contest through the years. That one was our signature event, but it was surpassed in numbers this year by our 12-team Primetime event and next year I'm positive that the grand prize will be bigger in the 12-team NFFC Primetime than the 14-team NFFC Classic.
That being said, I think our 15-team NFBC Main Event will continue to be our signature event for many years. But the potential for the 12-team Main Event is greater, as you stated. That's why it's no longer a matter of if we should do it but how do we do it correctly and right now. We can do this and do this right without hurting our other events. For those folks who say our guys are tapped out on games and wouldn't add one more, I kind of remember many of them trying a different contest last year across the street in Las Vegas that didn't pay their winners. So there is room for growth if done right and there is additional time and entry fees within our group. But again, the goal is recruiting new members moreso than adding more revenue from our current participants.
I know some guys are burned out on the 15-team format, but not burned out on the live events or the national contest concept. This might keep them with us or keep them in more of our events. Not everyone would return every year if we just stick to the 15-team format; this gives folks other options.
I believe No. 4 is at $1,000 or $1,250. I will have numbers for both soon for all to look at. And I think it makes sense to add the $75,000 cash bonus to the 15-team Main Event to give folks incentive to do both. Again, that's not the goal, but Lindy has proven you can have the perfect season so let's reward those owners who can pull it off. In football, Jared Danielsen is 1st and 1st overall in the NFFC Classic and NFFC Online Championship with the $75,000 cash bonus and 1st in the Classic and 2nd in the Primetime for another $75,000 cash bonus offering. So it's possible there right now and it can work in baseball, too.
Both contests will co-exist and will have live and online options to draft. I believe Saturday morning will always be for the signature event, which is the 15-teamer. Having a Friday night 12-teamer makes sense in a big ballroom and could be the perfect night-day doubleheader!!
I think that will be the plan. We'll figure that part out, but both can be available on both weekends and both can have live and online components.
This is just a better expansion of the Live Double Play concept, while pealing this off as it's own big money contest. It makes sense and Emmett is right, there are lots of current players familiar with this format and hopefully ready to participate. What we have to do is get the word out and make the entry fee reasonable and the prizes worthy. Stay tuned.
To me there is zero question the 15 team format has proved too daunting for some past participants. I'm one of them. I have played since year one, but the last 2 years out of habit. I had decided to never play it again. I have introduced more than a few friends to NFBC. Local lg pros, most found the format too tough. The thin waiver wire combined with no trading made the 15 team format too hard/different for their tastes.
Sure their are guys who, regardless of game/format, have a way to cash checks with multiple zeroes more years than not. But for the rest of us mortals, some contests seem, or are proven to be, too tough.
I suppose most feedback given to Greg in this thread are from folks who are interested and likely capable of taking down the top spot in the ME. As someone who has played every year, and will readily acknowledge it would take more than my fair share of luck to pull it off, I offer these thoughts regarding a 12 team live format:
1) New players will almost certainly have participated in a 12 team format at some point. That can't hurt.
2) Owners who have decided 15 team is just too tough, but like the live format and/or large grand prize are more likely to come back to NFBC. I think had the NFBC started as a 12 team format, there would be a greater percentage of retention, also known as more current participants.
3) There will be more entries in the 12 team 1k+ entry than in the Main Event, maybe as soon as this year. I am all but sure it will be this year if Greg ends up offering draft dates and times above what the ME offers.
4) I would not fall on the floor shocked if within 3 years the 15 team format becomes more of a niche contest, while the 12 team becoming the first NFBC contest with a grand prize greater than 100k. Pure speculation obviously, and I'd hope nobody gets upset with this statement. But it surely would not be a reason for Greg to eschew the high stakes 12 team concept.
5) If I was Greg, I would base the entry fee on how much I believed #4 was likely to occur. If it becomes the flagship contest some day, what would the preferred price point be? That being said, I'd match it to the ME entry, as the 350 Online Championship allows the folks not interested in plunking down a large sum an opportunity to cash pretty big. Although I could see thinking it's possible the 12 team format could become the more popular contest, and still think a 1k entry makes more sense.
6) Both contests really do naturally co-exist. I'd start by making the differences accentuated, and then it's up to the buyer. I'd make the 12 team very online friendly, while taking the 15 team the opposite.(No online lgs, gotta draft live.) I'd make the 12 team have as many different draft dates and time as possible, while keeping the ME to just the two draft dates/times. Or possibly go back to one draft date/time. Would not do that this year, but consider it for next. All interesting points Emmett and I do agree with much of what you have written. Fantasy football players know all too well how big the 12-team market is and I'm the only one who has stuck with a 14-team contest through the years. That one was our signature event, but it was surpassed in numbers this year by our 12-team Primetime event and next year I'm positive that the grand prize will be bigger in the 12-team NFFC Primetime than the 14-team NFFC Classic.
That being said, I think our 15-team NFBC Main Event will continue to be our signature event for many years. But the potential for the 12-team Main Event is greater, as you stated. That's why it's no longer a matter of if we should do it but how do we do it correctly and right now. We can do this and do this right without hurting our other events. For those folks who say our guys are tapped out on games and wouldn't add one more, I kind of remember many of them trying a different contest last year across the street in Las Vegas that didn't pay their winners. So there is room for growth if done right and there is additional time and entry fees within our group. But again, the goal is recruiting new members moreso than adding more revenue from our current participants.
I know some guys are burned out on the 15-team format, but not burned out on the live events or the national contest concept. This might keep them with us or keep them in more of our events. Not everyone would return every year if we just stick to the 15-team format; this gives folks other options.
I believe No. 4 is at $1,000 or $1,250. I will have numbers for both soon for all to look at. And I think it makes sense to add the $75,000 cash bonus to the 15-team Main Event to give folks incentive to do both. Again, that's not the goal, but Lindy has proven you can have the perfect season so let's reward those owners who can pull it off. In football, Jared Danielsen is 1st and 1st overall in the NFFC Classic and NFFC Online Championship with the $75,000 cash bonus and 1st in the Classic and 2nd in the Primetime for another $75,000 cash bonus offering. So it's possible there right now and it can work in baseball, too.
Both contests will co-exist and will have live and online options to draft. I believe Saturday morning will always be for the signature event, which is the 15-teamer. Having a Friday night 12-teamer makes sense in a big ballroom and could be the perfect night-day doubleheader!!
I think that will be the plan. We'll figure that part out, but both can be available on both weekends and both can have live and online components.This is just a better expansion of the Live Double Play concept, while pealing this off as it's own big money contest. It makes sense and Emmett is right, there are lots of current players familiar with this format and hopefully ready to participate. What we have to do is get the word out and make the entry fee reasonable and the prizes worthy. Stay tuned.
Greg Ambrosius
Founder, National Fantasy Baseball Championship
General Manager, Consumer Fantasy Games at SportsHub Technologies
Twitter - @GregAmbrosius
Founder, National Fantasy Baseball Championship
General Manager, Consumer Fantasy Games at SportsHub Technologies
Twitter - @GregAmbrosius
Feedback Wanted On 12-Team NFBC Main Event
I've just read and re-read every post here, and I cannot find the reasons to believe that the winning strategy will be to set a price point at or above $1000. The most persuasive posts I've read have all suggested a number below 1000, with 700 now looking like it has the best reasoning behind it.
It's your business, and you will decide, Greg. But, now that you have opened up the topic for feedback, I don't see how you can read this thread and say that the best arguments are for a high price point.
It's your business, and you will decide, Greg. But, now that you have opened up the topic for feedback, I don't see how you can read this thread and say that the best arguments are for a high price point.
Feedback Wanted On 12-Team NFBC Main Event
Originally posted by DOUGHBOYS:
These are well thought out points.
However, saying no to online 15 teamers would be detrimental to the NFBC. If I remember right, there were six online leagues for the Main Event. Throwing them out could result in the loss of 90 players and $126,000.
.
The 12 team leagues should do very well on their own with a price point of $1,000 or less.
Limitations on one contest to promote another is not a solution. Penalizing those that cannot travel or those with health issues would seem to defeat the 15 team leagues more than help 12 teamers. Makes sense. I was just thinking about the objections some had with the 15 team format when it expanded to a 2nd weekend and allowed for online participation. I suppose if the handful of people who left when these changes took place came back, it would not make up for the folks that would end up not playing if not for online/ 2nd weekend.
These are well thought out points.
However, saying no to online 15 teamers would be detrimental to the NFBC. If I remember right, there were six online leagues for the Main Event. Throwing them out could result in the loss of 90 players and $126,000.
.
The 12 team leagues should do very well on their own with a price point of $1,000 or less.
Limitations on one contest to promote another is not a solution. Penalizing those that cannot travel or those with health issues would seem to defeat the 15 team leagues more than help 12 teamers. Makes sense. I was just thinking about the objections some had with the 15 team format when it expanded to a 2nd weekend and allowed for online participation. I suppose if the handful of people who left when these changes took place came back, it would not make up for the folks that would end up not playing if not for online/ 2nd weekend.
Feedback Wanted On 12-Team NFBC Main Event
Originally posted by Zazie:
I've just read and re-read every post here, and I cannot find the reasons to believe that the winning strategy will be to set a price point at or above $1000. The most persuasive posts I've read have all suggested a number below 1000, with 700 now looking like it has the best reasoning behind it.
It's your business, and you will decide, Greg. But, now that you have opened up the topic for feedback, I don't see how you can read this thread and say that the best arguments are for a high price point. I prefer the 12 team format. I am more apt to play at $700 than at $1000. I usually set my entire budget at $1000ish and would rather play two or three teams over one team. I also agree with paying two spots and putting more to the overall.
Putting any money toward a combined is discriminatory to the "new" players you are trying to attract, as they are less likely to play the 15 team ME. Ask those that want to participate in a combined to ante up more money towards that prize.
[ October 11, 2011, 09:30 PM: Message edited by: Dub ]
I've just read and re-read every post here, and I cannot find the reasons to believe that the winning strategy will be to set a price point at or above $1000. The most persuasive posts I've read have all suggested a number below 1000, with 700 now looking like it has the best reasoning behind it.
It's your business, and you will decide, Greg. But, now that you have opened up the topic for feedback, I don't see how you can read this thread and say that the best arguments are for a high price point. I prefer the 12 team format. I am more apt to play at $700 than at $1000. I usually set my entire budget at $1000ish and would rather play two or three teams over one team. I also agree with paying two spots and putting more to the overall.
Putting any money toward a combined is discriminatory to the "new" players you are trying to attract, as they are less likely to play the 15 team ME. Ask those that want to participate in a combined to ante up more money towards that prize.
[ October 11, 2011, 09:30 PM: Message edited by: Dub ]
"I don't remmeber what I don't remember.”- Jerry Garcia
Feedback Wanted On 12-Team NFBC Main Event
I'm not sure of the NFBC players with both a ME and live DP entry, but could see a larger turnout in the 15 team ME if the price points were close and people playing the DP could afford the step up to the ME. This comment is coming from someone who has dipped his feet slowly in the NFBC waters, with a live double play 2 years ago and an auction and live double play this season. If the 12 teamer was $1,000 or more, it would lean me more towards the 15 team ME at the expense of the 12 teamer.
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Feedback Wanted On 12-Team NFBC Main Event
Originally posted by Zazie:
I've just read and re-read every post here, and I cannot find the reasons to believe that the winning strategy will be to set a price point at or above $1000. The most persuasive posts I've read have all suggested a number below 1000, with 700 now looking like it has the best reasoning behind it.
It's your business, and you will decide, Greg. But, now that you have opened up the topic for feedback, I don't see how you can read this thread and say that the best arguments are for a high price point. Thanks for the input, but once again it's just not feasible to run live events at a low price point with all of the costs involved. We've run the Live Double Play at $500 the last two years and it's a break-even level at best. $700 helps, but doesn't solve a lot. Also, we ran our 12-team NFFC contest at $750 and $850 in 2009-10 and it became a mid-point disaster: Too low to create that big carrot of a grand prize and not really low enough to bring everyone in. We have the $350 level now in the NFBC and honestly if price is a concern then hopefully people will gravitate to that contest where the grand prize is still $50,000, we pay Top 2 in each league and the format is the same. Having a $350 and a $700 12-team contest doesn't do much for the NFBC. That's really stealing from Peter to pay Paul.
As Emmett stated, we believe the 12-team Main Event could grow into a very big event. In football, we had 280 teams for our 14-team event and 360 for our 12-team event, both at $1,400. For some people, once they have the travel costs factored in adding one more contest isn't that big of a deal. And for others who love the 12-team format, the grand prize needs to be formidable or they'll just stay home and do the Online Championship.
We'll figure it out, but I don't think we'll do an entry fee less than $1,000. And I understand everyone will have to make choices, but again the goal is to bring in new players to our live events/contests and continue to grow this contest while filling a void that could easily be filled by a shady game operator. I'd rather trust us with this 12-team format.
I've just read and re-read every post here, and I cannot find the reasons to believe that the winning strategy will be to set a price point at or above $1000. The most persuasive posts I've read have all suggested a number below 1000, with 700 now looking like it has the best reasoning behind it.
It's your business, and you will decide, Greg. But, now that you have opened up the topic for feedback, I don't see how you can read this thread and say that the best arguments are for a high price point. Thanks for the input, but once again it's just not feasible to run live events at a low price point with all of the costs involved. We've run the Live Double Play at $500 the last two years and it's a break-even level at best. $700 helps, but doesn't solve a lot. Also, we ran our 12-team NFFC contest at $750 and $850 in 2009-10 and it became a mid-point disaster: Too low to create that big carrot of a grand prize and not really low enough to bring everyone in. We have the $350 level now in the NFBC and honestly if price is a concern then hopefully people will gravitate to that contest where the grand prize is still $50,000, we pay Top 2 in each league and the format is the same. Having a $350 and a $700 12-team contest doesn't do much for the NFBC. That's really stealing from Peter to pay Paul.
As Emmett stated, we believe the 12-team Main Event could grow into a very big event. In football, we had 280 teams for our 14-team event and 360 for our 12-team event, both at $1,400. For some people, once they have the travel costs factored in adding one more contest isn't that big of a deal. And for others who love the 12-team format, the grand prize needs to be formidable or they'll just stay home and do the Online Championship.
We'll figure it out, but I don't think we'll do an entry fee less than $1,000. And I understand everyone will have to make choices, but again the goal is to bring in new players to our live events/contests and continue to grow this contest while filling a void that could easily be filled by a shady game operator. I'd rather trust us with this 12-team format.
Greg Ambrosius
Founder, National Fantasy Baseball Championship
General Manager, Consumer Fantasy Games at SportsHub Technologies
Twitter - @GregAmbrosius
Founder, National Fantasy Baseball Championship
General Manager, Consumer Fantasy Games at SportsHub Technologies
Twitter - @GregAmbrosius
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Greg Ambrosius
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Feedback Wanted On 12-Team NFBC Main Event
Originally posted by Dub:
quote:Originally posted by Zazie:
I've just read and re-read every post here, and I cannot find the reasons to believe that the winning strategy will be to set a price point at or above $1000. The most persuasive posts I've read have all suggested a number below 1000, with 700 now looking like it has the best reasoning behind it.
It's your business, and you will decide, Greg. But, now that you have opened up the topic for feedback, I don't see how you can read this thread and say that the best arguments are for a high price point. I prefer the 12 team format. I am more apt to play at $700 than at $1000. I usually set my entire budget at $1000ish and would rather play two or three teams over one team. I also agree with paying two spots and putting more to the overall.
Putting any money toward a combined is discriminatory to the "new" players you are trying to attract, as they are less likely to play the 15 team ME. Ask those that want to participate in a combined to ante up more money towards that prize. [/QUOTE]I totally understand and for $700 you can get two Online Championship teams for a shot at two $1,300 league prizes and a $50,000 grand prize. And honestly, I think we grow beyond our expected levels this year once you see our new Registration page and hopefully the league and overall prizes expand beyond our announced levels for the Online Championship.
There was never an announced "Combined Prizes" for the two Mains; I talked about a $75,000 cash bonus. That's an insurance policy we pay for and it comes out of our pocket. No need to worry there, it's not like $75,000 comes off the entry fees.
quote:Originally posted by Zazie:
I've just read and re-read every post here, and I cannot find the reasons to believe that the winning strategy will be to set a price point at or above $1000. The most persuasive posts I've read have all suggested a number below 1000, with 700 now looking like it has the best reasoning behind it.
It's your business, and you will decide, Greg. But, now that you have opened up the topic for feedback, I don't see how you can read this thread and say that the best arguments are for a high price point. I prefer the 12 team format. I am more apt to play at $700 than at $1000. I usually set my entire budget at $1000ish and would rather play two or three teams over one team. I also agree with paying two spots and putting more to the overall.
Putting any money toward a combined is discriminatory to the "new" players you are trying to attract, as they are less likely to play the 15 team ME. Ask those that want to participate in a combined to ante up more money towards that prize. [/QUOTE]I totally understand and for $700 you can get two Online Championship teams for a shot at two $1,300 league prizes and a $50,000 grand prize. And honestly, I think we grow beyond our expected levels this year once you see our new Registration page and hopefully the league and overall prizes expand beyond our announced levels for the Online Championship.
There was never an announced "Combined Prizes" for the two Mains; I talked about a $75,000 cash bonus. That's an insurance policy we pay for and it comes out of our pocket. No need to worry there, it's not like $75,000 comes off the entry fees.
Greg Ambrosius
Founder, National Fantasy Baseball Championship
General Manager, Consumer Fantasy Games at SportsHub Technologies
Twitter - @GregAmbrosius
Founder, National Fantasy Baseball Championship
General Manager, Consumer Fantasy Games at SportsHub Technologies
Twitter - @GregAmbrosius
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Greg Ambrosius
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Feedback Wanted On 12-Team NFBC Main Event
Originally posted by mbendar16:
I'm not sure of the NFBC players with both a ME and live DP entry, but could see a larger turnout in the 15 team ME if the price points were close and people playing the DP could afford the step up to the ME. This comment is coming from someone who has dipped his feet slowly in the NFBC waters, with a live double play 2 years ago and an auction and live double play this season. If the 12 teamer was $1,000 or more, it would lean me more towards the 15 team ME at the expense of the 12 teamer. Good point and again if the NFBC Main Event is the only contest with a $100,000 grand prize I believe most players will stay with that format, too. There will be a big difference between the two grand prizes initially and our signature event will continue to be the toughest contest with the best payouts. But I do believe the 12-team format will appeal to the masses of players who aren't competing in the NFBC at this point. I guess we'll see.
I'm not sure of the NFBC players with both a ME and live DP entry, but could see a larger turnout in the 15 team ME if the price points were close and people playing the DP could afford the step up to the ME. This comment is coming from someone who has dipped his feet slowly in the NFBC waters, with a live double play 2 years ago and an auction and live double play this season. If the 12 teamer was $1,000 or more, it would lean me more towards the 15 team ME at the expense of the 12 teamer. Good point and again if the NFBC Main Event is the only contest with a $100,000 grand prize I believe most players will stay with that format, too. There will be a big difference between the two grand prizes initially and our signature event will continue to be the toughest contest with the best payouts. But I do believe the 12-team format will appeal to the masses of players who aren't competing in the NFBC at this point. I guess we'll see.
Greg Ambrosius
Founder, National Fantasy Baseball Championship
General Manager, Consumer Fantasy Games at SportsHub Technologies
Twitter - @GregAmbrosius
Founder, National Fantasy Baseball Championship
General Manager, Consumer Fantasy Games at SportsHub Technologies
Twitter - @GregAmbrosius
Feedback Wanted On 12-Team NFBC Main Event
The 12 team format has become an instant favorite. The idea of creating a National Championship will receive my full support. The Online DP was a fantastic idea and offered one of your greatest value's, but people found the concept confusing. Moving in the direction you've stated is a great start. Some thoughts on how to sell this to your customer base.
You've hit the nail on the head in several areas, I'll try to point out what is important from this players standpoint in hopes you can use to help apply to your 12 team concept.
1- Keep the 15 team the signature event. The 12 teamer needs that Grand Prize to catch the eye. It should be at least half of your signature event, so I would aim for $50,000.
2- League prizes should ONLY be paid to the top two teams. You'll need that extra skim to feed your Grand prize.
3- Price Point - This is obviously a tricky area, but it is very important. You've walked in a smart way by not putting a number on this, as you should in order to get a feel for the interest. You DO need those that like this idea to have a way to purchase more than one team to make this work. $850 makes sense, with those willing to buy 2 teams having to put up $1500. I think if you crunch the numbers, you'll need twenty leagues to make his work.
4- You've hit this already, but the 12 team format needs to be offered both Live on both weekends ( in all three locations ) and Online.
The Online aspect is very important and you could use your LIVE venues as final selling points for those that enjoyed the 15 team experience so much that they can return home and draft another team leading into the start of the season.
***** For this, you may have to curtail the Online Championship Leagues those final few days and make the $850 12 team Championship the only game in town those final few days.
Great idea, hope you can make it work.
You've hit the nail on the head in several areas, I'll try to point out what is important from this players standpoint in hopes you can use to help apply to your 12 team concept.
1- Keep the 15 team the signature event. The 12 teamer needs that Grand Prize to catch the eye. It should be at least half of your signature event, so I would aim for $50,000.
2- League prizes should ONLY be paid to the top two teams. You'll need that extra skim to feed your Grand prize.
3- Price Point - This is obviously a tricky area, but it is very important. You've walked in a smart way by not putting a number on this, as you should in order to get a feel for the interest. You DO need those that like this idea to have a way to purchase more than one team to make this work. $850 makes sense, with those willing to buy 2 teams having to put up $1500. I think if you crunch the numbers, you'll need twenty leagues to make his work.
4- You've hit this already, but the 12 team format needs to be offered both Live on both weekends ( in all three locations ) and Online.
The Online aspect is very important and you could use your LIVE venues as final selling points for those that enjoyed the 15 team experience so much that they can return home and draft another team leading into the start of the season.
***** For this, you may have to curtail the Online Championship Leagues those final few days and make the $850 12 team Championship the only game in town those final few days.
Great idea, hope you can make it work.
-
MadCow Sez
- Posts: 761
- Joined: Tue Mar 18, 2008 6:00 pm
- Contact:
Feedback Wanted On 12-Team NFBC Main Event
I'm another who likes to play multiple events. The ME will grab the lion's share of my NFBC budget but the prices of what I consider complimentary contests determine how many events I enter. I can see the $1,000-$1,250 12-team event taking off and I may reassess my priorities, but right now, that seems steep and I likely would hold fire.
People ask me what I do in winter when there's no baseball. I'll tell you what I do. I stare out the window and wait for spring.
--Rogers Hornsby
--Rogers Hornsby
Feedback Wanted On 12-Team NFBC Main Event
I am one that has enjoyed the Live Double Play the past two years, but excited about the new event. A few thoughts:
1. Price point- The Live Double Play had 228 teams at the $525 price point with a $25,000 grand prize. A lot of people played multiple live teams. And a part of the draw was the opportunity to win the Online Event as well. Now there is a consideration to increase the price and league prizes. If the price increases, what is the carrot that overcomes the price increase? Not sure a $50,000 grand prize does that. The 240 at $1250 or $1000 goal seems like stretch without a great carrot. I think it has to be $75,000 or $100,000.
2. If we can enter the Draft Championship at different price points ($125/$375/$1000) and draft formats (slow or 50 rounds in a day), why not the same for the 12-team championship. Enter for $350 or $1250 online and $650 or $1250 at the live draft (or even just $1250 at the live draft). And everyone competes for the same 12-team National Championship. That should allow you to offer the larger carrot.
3. Can you offer the 12-team satellite in the draft championship format for those of us that want to limit the number Sunday FAAB?
1. Price point- The Live Double Play had 228 teams at the $525 price point with a $25,000 grand prize. A lot of people played multiple live teams. And a part of the draw was the opportunity to win the Online Event as well. Now there is a consideration to increase the price and league prizes. If the price increases, what is the carrot that overcomes the price increase? Not sure a $50,000 grand prize does that. The 240 at $1250 or $1000 goal seems like stretch without a great carrot. I think it has to be $75,000 or $100,000.
2. If we can enter the Draft Championship at different price points ($125/$375/$1000) and draft formats (slow or 50 rounds in a day), why not the same for the 12-team championship. Enter for $350 or $1250 online and $650 or $1250 at the live draft (or even just $1250 at the live draft). And everyone competes for the same 12-team National Championship. That should allow you to offer the larger carrot.
3. Can you offer the 12-team satellite in the draft championship format for those of us that want to limit the number Sunday FAAB?
Neal Moses
-
Greg Ambrosius
- Posts: 41100
- Joined: Thu Jan 22, 2004 6:00 pm
- Contact:
Feedback Wanted On 12-Team NFBC Main Event
Originally posted by Sack:
The 12 team format has become an instant favorite. The idea of creating a National Championship will receive my full support. The Online DP was a fantastic idea and offered one of your greatest value's, but people found the concept confusing. Moving in the direction you've stated is a great start. Some thoughts on how to sell this to your customer base.
You've hit the nail on the head in several areas, I'll try to point out what is important from this players standpoint in hopes you can use to help apply to your 12 team concept.
1- Keep the 15 team the signature event. The 12 teamer needs that Grand Prize to catch the eye. It should be at least half of your signature event, so I would aim for $50,000.
2- League prizes should ONLY be paid to the top two teams. You'll need that extra skim to feed your Grand prize.
3- Price Point - This is obviously a tricky area, but it is very important. You've walked in a smart way by not putting a number on this, as you should in order to get a feel for the interest. You DO need those that like this idea to have a way to purchase more than one team to make this work. $850 makes sense, with those willing to buy 2 teams having to put up $1500. I think if you crunch the numbers, you'll need twenty leagues to make his work.
4- You've hit this already, but the 12 team format needs to be offered both Live on both weekends ( in all three locations ) and Online.
The Online aspect is very important and you could use your LIVE venues as final selling points for those that enjoyed the 15 team experience so much that they can return home and draft another team leading into the start of the season.
***** For this, you may have to curtail the Online Championship Leagues those final few days and make the $850 12 team Championship the only game in town those final few days.
Great idea, hope you can make it work. Thanks for all the feedback on the 12-Team format and I've taken a few days to work on some numbers. There's no question that there is interest in a stand-alone 12-team contest as I have received positive feedback via email and phone calls. While the Live Double Play had great value and a shot at a $70,000 grand prize, it also was confusing and I think might have held back our Online Championship signups. I believe we can grow that format on its own and will offer a $50,000 grand prize for the Online Championship and grow the prize pool from there.
I believe the 12-Team Main Event can be a great complementary live event to our signature 15-Team Main Event with a grand prize in the $40,000-$50,000 range. At a lesser price point and with better odds of winning the league title, it could appeal to more new players and even some of our NFBC members who have left in recent years. We will have plenty of options for this event and hopefully grow it incrementally each year.
I'm going to post some price points and prize payouts today and ask for more feedback. It's still a work in progress, but one that we'll finalize shortly and begin offering at the end of the World Series. Thanks for all your help everyone.
The 12 team format has become an instant favorite. The idea of creating a National Championship will receive my full support. The Online DP was a fantastic idea and offered one of your greatest value's, but people found the concept confusing. Moving in the direction you've stated is a great start. Some thoughts on how to sell this to your customer base.
You've hit the nail on the head in several areas, I'll try to point out what is important from this players standpoint in hopes you can use to help apply to your 12 team concept.
1- Keep the 15 team the signature event. The 12 teamer needs that Grand Prize to catch the eye. It should be at least half of your signature event, so I would aim for $50,000.
2- League prizes should ONLY be paid to the top two teams. You'll need that extra skim to feed your Grand prize.
3- Price Point - This is obviously a tricky area, but it is very important. You've walked in a smart way by not putting a number on this, as you should in order to get a feel for the interest. You DO need those that like this idea to have a way to purchase more than one team to make this work. $850 makes sense, with those willing to buy 2 teams having to put up $1500. I think if you crunch the numbers, you'll need twenty leagues to make his work.
4- You've hit this already, but the 12 team format needs to be offered both Live on both weekends ( in all three locations ) and Online.
The Online aspect is very important and you could use your LIVE venues as final selling points for those that enjoyed the 15 team experience so much that they can return home and draft another team leading into the start of the season.
***** For this, you may have to curtail the Online Championship Leagues those final few days and make the $850 12 team Championship the only game in town those final few days.
Great idea, hope you can make it work. Thanks for all the feedback on the 12-Team format and I've taken a few days to work on some numbers. There's no question that there is interest in a stand-alone 12-team contest as I have received positive feedback via email and phone calls. While the Live Double Play had great value and a shot at a $70,000 grand prize, it also was confusing and I think might have held back our Online Championship signups. I believe we can grow that format on its own and will offer a $50,000 grand prize for the Online Championship and grow the prize pool from there.
I believe the 12-Team Main Event can be a great complementary live event to our signature 15-Team Main Event with a grand prize in the $40,000-$50,000 range. At a lesser price point and with better odds of winning the league title, it could appeal to more new players and even some of our NFBC members who have left in recent years. We will have plenty of options for this event and hopefully grow it incrementally each year.
I'm going to post some price points and prize payouts today and ask for more feedback. It's still a work in progress, but one that we'll finalize shortly and begin offering at the end of the World Series. Thanks for all your help everyone.
Greg Ambrosius
Founder, National Fantasy Baseball Championship
General Manager, Consumer Fantasy Games at SportsHub Technologies
Twitter - @GregAmbrosius
Founder, National Fantasy Baseball Championship
General Manager, Consumer Fantasy Games at SportsHub Technologies
Twitter - @GregAmbrosius
-
Greg Ambrosius
- Posts: 41100
- Joined: Thu Jan 22, 2004 6:00 pm
- Contact:
Feedback Wanted On 12-Team NFBC Main Event
Originally posted by MadCow Sez:
I'm another who likes to play multiple events. The ME will grab the lion's share of my NFBC budget but the prices of what I consider complimentary contests determine how many events I enter. I can see the $1,000-$1,250 12-team event taking off and I may reassess my priorities, but right now, that seems steep and I likely would hold fire. I think several solid comments we've received so far is that the grand prize carrot needs to be big enough to be considered, yet the entry fee can't be quite as high as our signature event. I certainly get that for this first season, but I do agree with Emmett that in time the 12-Team Main Event has the most potential with most fantasy players. It's the most common format and one that most 5x5 Rotisserie owners are familiar with. The 15-team format as we all know is the greatest test of skill, but for some folks it might be too tough of a test.
My job is to balance a fair prize pool and a fair price point. We don't need to hit a grand slam this first year, but we do need to make this championship worthwhile and relevant. From that solid foundation, we then build upon it each year just like we have with the Online Championship, the Auction Championship, the Slow Draft Championship and everything else we've started here. I think we can do it with a modest goal for this debut event.
Stay tuned. I'll post my possible price points shortly. I realize that not every NFBC owner is going to do both the 15-team and the 12-team Main Event, but again please realize that the 12-team concept is to attract new users to our live events and bring in new players. I think we all want that, so there are a couple of goals to this plan.
I'm another who likes to play multiple events. The ME will grab the lion's share of my NFBC budget but the prices of what I consider complimentary contests determine how many events I enter. I can see the $1,000-$1,250 12-team event taking off and I may reassess my priorities, but right now, that seems steep and I likely would hold fire. I think several solid comments we've received so far is that the grand prize carrot needs to be big enough to be considered, yet the entry fee can't be quite as high as our signature event. I certainly get that for this first season, but I do agree with Emmett that in time the 12-Team Main Event has the most potential with most fantasy players. It's the most common format and one that most 5x5 Rotisserie owners are familiar with. The 15-team format as we all know is the greatest test of skill, but for some folks it might be too tough of a test.
My job is to balance a fair prize pool and a fair price point. We don't need to hit a grand slam this first year, but we do need to make this championship worthwhile and relevant. From that solid foundation, we then build upon it each year just like we have with the Online Championship, the Auction Championship, the Slow Draft Championship and everything else we've started here. I think we can do it with a modest goal for this debut event.
Stay tuned. I'll post my possible price points shortly. I realize that not every NFBC owner is going to do both the 15-team and the 12-team Main Event, but again please realize that the 12-team concept is to attract new users to our live events and bring in new players. I think we all want that, so there are a couple of goals to this plan.
Greg Ambrosius
Founder, National Fantasy Baseball Championship
General Manager, Consumer Fantasy Games at SportsHub Technologies
Twitter - @GregAmbrosius
Founder, National Fantasy Baseball Championship
General Manager, Consumer Fantasy Games at SportsHub Technologies
Twitter - @GregAmbrosius
-
Greg Ambrosius
- Posts: 41100
- Joined: Thu Jan 22, 2004 6:00 pm
- Contact:
Feedback Wanted On 12-Team NFBC Main Event
Thanks again for all of your solid feedback. The first order of business with the 12-Team Main Event is deciding the price point. Everything else falls into line there.
I've already stated that the Live Double Play at $525 had too many costs to make ends meets. Even live events at $650-$750 like we did in the past with private auction leagues is tough. So I certainly don't want to go any lower than our $850 price point that we have in the Auction Championship. The cost of paying for hotel room space, food and beverage, facilitators, draft boards, staff, etc., adds up quickly no matter where we host these events.
So we're looking at $850, $1,000 or $1,250 to start out. Let's look at three proposals at $1,250 first, guaranteeing prize money on just 240 teams or 20 leagues. Anything above 20 leagues would then fund the overall prize pool or the league prizes:
NFBC 12-Team Main Event
Overall Prizes
1st $40,000.00
2nd $8,000.00
3rd $5,000.00
4th $2,500.00
5th $1,250.00
6th $1,000.00
7th $750.00
8th $500.00
9th $500.00
10th $500.00
League Prizes
1st - $5,000
2nd - $2,500
3rd - $750
Some people have suggested that we eliminate third place within each league. If we did that you could have a prize pool something like this at just 240 teams:
NFBC 12-Team Main Event
Overall Prizes
1st $50,000.00
2nd $10,000.00
3rd $6,000.00
4th $3,000.00
5th $1,750.00
6th $1,250.00
7th $1,000.00
8th $750.00
9th $750.00
10th $500.00
League Prizes
1st - $5,000
2nd - $2,500
The only problem with this setup is that you have 20 less winners here and you are disbursing that $15,000 to people who already won league prizes. But again, if the goal is to reward the very best then this scenario works for the top players.
One middle ground option is to lower third place prize money below the $600 taxable income level and bump up the grand prize from that: Something like this:
NFBC 12-Team Main Event
Overall Prizes
1st $45,000.00
2nd $8,000.00
3rd $5,000.00
4th $2,500.00
5th $1,250.00
6th $1,000.00
7th $750.00
8th $500.00
9th $500.00
10th $500.00
League Prizes
1st - $5,000
2nd - $2,500
3rd - $500
No matter what we decide to do here, the NFBC will provide a $75,000 cash bonus prize for anyone who can win the NFBC's 15-Team Main Event and the NFBC's 12-Team Main Event. The 15-Team Main Event and the Online Championship has had that $75,000 cash bonus since 2009 and will also have a separate one in 2012.
Okay, thoughts on this $1,250 payout plan?
I've already stated that the Live Double Play at $525 had too many costs to make ends meets. Even live events at $650-$750 like we did in the past with private auction leagues is tough. So I certainly don't want to go any lower than our $850 price point that we have in the Auction Championship. The cost of paying for hotel room space, food and beverage, facilitators, draft boards, staff, etc., adds up quickly no matter where we host these events.
So we're looking at $850, $1,000 or $1,250 to start out. Let's look at three proposals at $1,250 first, guaranteeing prize money on just 240 teams or 20 leagues. Anything above 20 leagues would then fund the overall prize pool or the league prizes:
NFBC 12-Team Main Event
Overall Prizes
1st $40,000.00
2nd $8,000.00
3rd $5,000.00
4th $2,500.00
5th $1,250.00
6th $1,000.00
7th $750.00
8th $500.00
9th $500.00
10th $500.00
League Prizes
1st - $5,000
2nd - $2,500
3rd - $750
Some people have suggested that we eliminate third place within each league. If we did that you could have a prize pool something like this at just 240 teams:
NFBC 12-Team Main Event
Overall Prizes
1st $50,000.00
2nd $10,000.00
3rd $6,000.00
4th $3,000.00
5th $1,750.00
6th $1,250.00
7th $1,000.00
8th $750.00
9th $750.00
10th $500.00
League Prizes
1st - $5,000
2nd - $2,500
The only problem with this setup is that you have 20 less winners here and you are disbursing that $15,000 to people who already won league prizes. But again, if the goal is to reward the very best then this scenario works for the top players.
One middle ground option is to lower third place prize money below the $600 taxable income level and bump up the grand prize from that: Something like this:
NFBC 12-Team Main Event
Overall Prizes
1st $45,000.00
2nd $8,000.00
3rd $5,000.00
4th $2,500.00
5th $1,250.00
6th $1,000.00
7th $750.00
8th $500.00
9th $500.00
10th $500.00
League Prizes
1st - $5,000
2nd - $2,500
3rd - $500
No matter what we decide to do here, the NFBC will provide a $75,000 cash bonus prize for anyone who can win the NFBC's 15-Team Main Event and the NFBC's 12-Team Main Event. The 15-Team Main Event and the Online Championship has had that $75,000 cash bonus since 2009 and will also have a separate one in 2012.
Okay, thoughts on this $1,250 payout plan?
Greg Ambrosius
Founder, National Fantasy Baseball Championship
General Manager, Consumer Fantasy Games at SportsHub Technologies
Twitter - @GregAmbrosius
Founder, National Fantasy Baseball Championship
General Manager, Consumer Fantasy Games at SportsHub Technologies
Twitter - @GregAmbrosius
-
Greg Ambrosius
- Posts: 41100
- Joined: Thu Jan 22, 2004 6:00 pm
- Contact:
Feedback Wanted On 12-Team NFBC Main Event
Let's look at the $1,000 entry fee prize payouts based on similar percentages for a 240-team Main Event:
NFBC 12-Team Main Event
Overall Prizes
1st $35,000.00
2nd $7,000.00
3rd $4,000.00
4th $2,000.00
5th $1,000.00
6th $750.00
7th $500.00
8th $500.00
League Prizes
1st - $4,000
2nd - $2,000
3rd - $500
Some people have suggested that we eliminate third place within each league. If we did that you could have a prize pool something like this at just 240 teams:
NFBC 12-Team Main Event
Overall Prizes
1st $40,000.00
2nd $8,000.00
3rd $5,000.00
4th $2,500.00
5th $1,500.00
6th $1,000.00
7th $1,000.00
8th $750.00
League Prizes
1st - $4,000
2nd - $2,000
The only problem with this setup is that you have 20 less winners here and you are disbursing that $10,000 to people who already won league prizes. But again, if the goal is to reward the very best then this scenario works for the top players.
Remember, these are the guaranteed price points based on 240 teams/20 leagues. Prizes can go up with greater demand, which would be good for all of us. But this is a good starting point for the debut season.
Thoughts on the $1,000 price point?
NFBC 12-Team Main Event
Overall Prizes
1st $35,000.00
2nd $7,000.00
3rd $4,000.00
4th $2,000.00
5th $1,000.00
6th $750.00
7th $500.00
8th $500.00
League Prizes
1st - $4,000
2nd - $2,000
3rd - $500
Some people have suggested that we eliminate third place within each league. If we did that you could have a prize pool something like this at just 240 teams:
NFBC 12-Team Main Event
Overall Prizes
1st $40,000.00
2nd $8,000.00
3rd $5,000.00
4th $2,500.00
5th $1,500.00
6th $1,000.00
7th $1,000.00
8th $750.00
League Prizes
1st - $4,000
2nd - $2,000
The only problem with this setup is that you have 20 less winners here and you are disbursing that $10,000 to people who already won league prizes. But again, if the goal is to reward the very best then this scenario works for the top players.
Remember, these are the guaranteed price points based on 240 teams/20 leagues. Prizes can go up with greater demand, which would be good for all of us. But this is a good starting point for the debut season.
Thoughts on the $1,000 price point?
Greg Ambrosius
Founder, National Fantasy Baseball Championship
General Manager, Consumer Fantasy Games at SportsHub Technologies
Twitter - @GregAmbrosius
Founder, National Fantasy Baseball Championship
General Manager, Consumer Fantasy Games at SportsHub Technologies
Twitter - @GregAmbrosius
Feedback Wanted On 12-Team NFBC Main Event
Originally posted by Greg Ambrosius:
Let's look at the $1,000 entry fee prize payouts based on similar percentages for a 240-team Main Event:
NFBC 12-Team Main Event
Overall Prizes
1st $35,000.00
2nd $7,000.00
3rd $4,000.00
4th $2,000.00
5th $1,000.00
6th $750.00
7th $500.00
8th $500.00
League Prizes
1st - $4,000
2nd - $2,000
3rd - $500
Some people have suggested that we eliminate third place within each league. If we did that you could have a prize pool something like this at just 240 teams:
NFBC 12-Team Main Event
Overall Prizes
1st $40,000.00
2nd $8,000.00
3rd $5,000.00
4th $2,500.00
5th $1,500.00
6th $1,000.00
7th $1,000.00
8th $750.00
League Prizes
1st - $4,000
2nd - $2,000
The only problem with this setup is that you have 20 less winners here and you are disbursing that $10,000 to people who already won league prizes. But again, if the goal is to reward the very best then this scenario works for the top players.
Remember, these are the guaranteed price points based on 240 teams/20 leagues. Prizes can go up with greater demand, which would be good for all of us. But this is a good starting point for the debut season.
Thoughts on the $1,000 price point? I think the $1,000 price point works just fine. I had made a decision to move away from the 15 team leagues, simply for the reason that my results have been much better in the 12 teamers. I see myself having multiple teams under this new format. I also think you'll blow away the 240 team estimate. This format at this price will out sell the main event, in my opinion of course.
Let's look at the $1,000 entry fee prize payouts based on similar percentages for a 240-team Main Event:
NFBC 12-Team Main Event
Overall Prizes
1st $35,000.00
2nd $7,000.00
3rd $4,000.00
4th $2,000.00
5th $1,000.00
6th $750.00
7th $500.00
8th $500.00
League Prizes
1st - $4,000
2nd - $2,000
3rd - $500
Some people have suggested that we eliminate third place within each league. If we did that you could have a prize pool something like this at just 240 teams:
NFBC 12-Team Main Event
Overall Prizes
1st $40,000.00
2nd $8,000.00
3rd $5,000.00
4th $2,500.00
5th $1,500.00
6th $1,000.00
7th $1,000.00
8th $750.00
League Prizes
1st - $4,000
2nd - $2,000
The only problem with this setup is that you have 20 less winners here and you are disbursing that $10,000 to people who already won league prizes. But again, if the goal is to reward the very best then this scenario works for the top players.
Remember, these are the guaranteed price points based on 240 teams/20 leagues. Prizes can go up with greater demand, which would be good for all of us. But this is a good starting point for the debut season.
Thoughts on the $1,000 price point? I think the $1,000 price point works just fine. I had made a decision to move away from the 15 team leagues, simply for the reason that my results have been much better in the 12 teamers. I see myself having multiple teams under this new format. I also think you'll blow away the 240 team estimate. This format at this price will out sell the main event, in my opinion of course.
Joe
Feedback Wanted On 12-Team NFBC Main Event
Greg:
I am strongly in favor of the $1250 or the $850 option and paying 3 places. To your point earlier if you win the league you have a chance at getting in the Top 10 overall and winning extra money there.
My vote is to pay 3 places in the new 12 team format.
Chris
I am strongly in favor of the $1250 or the $850 option and paying 3 places. To your point earlier if you win the league you have a chance at getting in the Top 10 overall and winning extra money there.
My vote is to pay 3 places in the new 12 team format.
Chris
Feedback Wanted On 12-Team NFBC Main Event
I personally would rather spend 1250 to win 5000,or 1250 to win 50,000.I know every dollar adds up but 1000 for 4000,is just gonna make me want to pay an extra 250 to win 5000 ,or 50,000 instead of 40,000
-
Greg Ambrosius
- Posts: 41100
- Joined: Thu Jan 22, 2004 6:00 pm
- Contact:
Feedback Wanted On 12-Team NFBC Main Event
Originally posted by Rog:
I personally would rather spend 1250 to win 5000,or 1250 to win 50,000.I know every dollar adds up but 1000 for 4000,is just gonna make me want to pay an extra 250 to win 5000 ,or 50,000 instead of 40,000 Thanks again to everyone who provided feedback via email, phone or the Message Boards. It's been helpful. I do agree that if we went to $1,250 it would be a better ring to the prizes at $5,000 per league and $50,000 overall. But I also think that $1,000 might be a better starting point for this contest and from there if demand is strong we can really build this event.
We haven't decided on the final numbers yet, but even if we go with an entry point of $1,000 we can guarantee a $40,000 grand prize with only 240 entries. If we guaranteed 300 entries, we could make that a $50,000 grand prize at that price level. It might be a risk, but it shows you that we can reach a nice level even at a lower entry level and eventually we can expand in many different ways in the future.
Please provide any additional thoughts this week and we'll release our plans for all of our events shortly. We are currently finalizing all of our rules now, our updated web site and even our new message boards. All is being worked out now with the NFBC Season IX right around the corner. Get ready all, we're closing in on a new season.
I personally would rather spend 1250 to win 5000,or 1250 to win 50,000.I know every dollar adds up but 1000 for 4000,is just gonna make me want to pay an extra 250 to win 5000 ,or 50,000 instead of 40,000 Thanks again to everyone who provided feedback via email, phone or the Message Boards. It's been helpful. I do agree that if we went to $1,250 it would be a better ring to the prizes at $5,000 per league and $50,000 overall. But I also think that $1,000 might be a better starting point for this contest and from there if demand is strong we can really build this event.
We haven't decided on the final numbers yet, but even if we go with an entry point of $1,000 we can guarantee a $40,000 grand prize with only 240 entries. If we guaranteed 300 entries, we could make that a $50,000 grand prize at that price level. It might be a risk, but it shows you that we can reach a nice level even at a lower entry level and eventually we can expand in many different ways in the future.
Please provide any additional thoughts this week and we'll release our plans for all of our events shortly. We are currently finalizing all of our rules now, our updated web site and even our new message boards. All is being worked out now with the NFBC Season IX right around the corner. Get ready all, we're closing in on a new season.
Greg Ambrosius
Founder, National Fantasy Baseball Championship
General Manager, Consumer Fantasy Games at SportsHub Technologies
Twitter - @GregAmbrosius
Founder, National Fantasy Baseball Championship
General Manager, Consumer Fantasy Games at SportsHub Technologies
Twitter - @GregAmbrosius