Combined Event Purses

Post Reply
Money
Posts: 1585
Joined: Tue Feb 02, 2010 6:00 pm

Combined Event Purses

Post by Money » Thu Dec 27, 2012 9:39 pm

I've had a problem with the combined payouts for some time now and haven't voiced an opinion. I am not someone who wants to compete in multiple leagues and never knows who to root for. For me it's about a few teams and lets go. Why should my dollars go to combined overalls when I don't compete in them?

Lets say I'm a one trick pony (ok I am) and will only play in 12 team events, some of my fee's shouldn't go to rewarding those that choose to play everything under the sun because its becomes a business more than a hobby.

I'm willing to spend with the best of them and only want to in contests I feel comfortable in. To take a portion of my entry fee into an event and distribute it to others that choose to play multiple formats is simply not right. I've been waiting awhile to voice my concern about this. The baseball season is around the corner and I'll spend my money and some of it will go to purses that I'm not eligible in.

How about the folks that enter at the online level and aspire to move into the main events? A portion of their entry should go to funding a purse that they have no shot at? This is wrong in my opinion.

Of course this is just my own opinion.

Am I wrong here?
Last edited by Money on Fri Dec 28, 2012 5:50 am, edited 1 time in total.
Joe

mbendar16
Posts: 204
Joined: Sun Mar 27, 2011 6:00 pm

Re: Combined Event Purses

Post by mbendar16 » Fri Dec 28, 2012 12:27 am

Joe,
I could be wrong, but believe the combined prizes are no different than the $75K bonuses the NFBC offers to us. The cost of insuring those bonuses are not free, but it is minimal or nothing out of our cost. I like to look at it that the fields wouldn't be as big if these bonuses weren't offered.

I'm the opposite of you, preferring the 15 team format. However, I sign up for an online championship team, not only for the big prize of that contest at a small prize, but for the very slim hope I have the dream season that could gain an extra $75K.

Just my 2 cents - understand what your saying, but for the hundreds that play the multiple teams that qualify for the combined standings, the cost to us individually is probably $10-$20 per team at most.

Mark

User avatar
Outlaw
Posts: 1498
Joined: Sun Mar 27, 2011 6:00 pm

Re: Combined Event Purses

Post by Outlaw » Fri Dec 28, 2012 6:23 am

I Totally agree and I have thought this too for sometime. The combined payout structures are not only confusing, but as you say, if you are not in every event, some of your "spend" goes to a pool you are not even eligible for. This should be fixed. It is also very confusing for any new player to figure out the various prize structures and how they relate to a league they may wish to join.

Money wrote:I've had a problem with the combined payouts for some time now and haven't voiced an opinion. I am not someone who wants to compete in multiple leagues and never knows who to root for. For me it's about a few teams and lets go. Why should my dollars go to combined overalls when I don't compete in them?

Lets say I'm a one trick pony (ok I am) and will only play in 12 team events, some of my fee's shouldn't go to rewarding those that choose to play everything under the sun because its becomes a business more than a hobby.

I'm willing to spend with the best of them and only want to in contests I feel comfortable in. To take a portion of my entry fee into an event and distribute it to others that choose to play multiple formats is simply not right. I've been waiting awhile to voice my concern about this. The baseball season is around the corner and I'll spend my money and some of it will go to purses that I'm not eligible in.

How about the folks that enter at the online level and aspire to move into the main events? A portion of their entry should go to funding a purse that they have no shot at? This is wrong in my opinion.

Of course this is just my own opinion.

Am I wrong here?

User avatar
Greg Ambrosius
Posts: 41103
Joined: Thu Jan 22, 2004 6:00 pm
Contact:

Re: Combined Event Purses

Post by Greg Ambrosius » Fri Dec 28, 2012 8:33 am

mbendar16 wrote:Joe,
I could be wrong, but believe the combined prizes are no different than the $75K bonuses the NFBC offers to us. The cost of insuring those bonuses are not free, but it is minimal or nothing out of our cost. I like to look at it that the fields wouldn't be as big if these bonuses weren't offered.

I'm the opposite of you, preferring the 15 team format. However, I sign up for an online championship team, not only for the big prize of that contest at a small prize, but for the very slim hope I have the dream season that could gain an extra $75K.

Just my 2 cents - understand what your saying, but for the hundreds that play the multiple teams that qualify for the combined standings, the cost to us individually is probably $10-$20 per team at most.

Mark
As Mark has mentioned, we don't figure in the Combined Prizes or the insurance as part of the payout percentage. In both the NFBC and the NFFC (where this thread originated not by Joe but someone else), these were always considered as promotional expenses by us. I created them because I wasn't sure the Online Championship would ever take off. I felt it needed a promotional jump-start and thus we created the Combined Prizes and the insurance. Those insurance policies are paid totally by us and the same with the Combined Prizes.

And for anyone who thinks that they don't work, it's just not true. Several owners have said they are taking additional Online teams to compete for the Combined Prizes. Yes, if you take one team in the Main and one team in the Online you have a tougher time of maybe beating someone with multiple teams, but as we all know it just takes two good drafts to win it all (like Lindy did in 2009 and several folks did last year). This is an ADD ON by us that some people want to portray as a negative.

I guess we could just pocket this money and keep the payouts as is, but it actually seems like a promotional expense that has generated more signups. I thought people wanted more opportunities to win more money, or am I wrong?

And Joe, in the NFFC do the math to see what the payout percentages are in the Primetime and Classic with the Combined Prizes. It's well over 80 percent and has been for several years, yet Wayne says we are taking signup money and wasting it on Combined Prizes. It's a small percentage of total payouts but it still pushed us well over 80 percent last year based on the number of teams we finished with.
Greg Ambrosius
Founder, National Fantasy Baseball Championship
General Manager, Consumer Fantasy Games at SportsHub Technologies
Twitter - @GregAmbrosius

Potter
Posts: 281
Joined: Mon Mar 01, 2004 6:00 pm
Contact:

Re: Combined Event Purses

Post by Potter » Fri Dec 28, 2012 9:26 am

Greg,

The staff at work has been complaining about not having a Christmas party this year, even though we are all aware it is due to not having a Director for the last 7 months. So I pulled some strings and hosted a party at the clubhouse of my golf course. Better yet, I got the entire cost of it covered. A few days after, I come around the corner at work and hear 2 donkeys complaining about how the open bar didn't include any frozen drinks, and there was no coffee service after dinner. (There was coffee available, you just had to get out of your seat to get it.)

Anyway, one of them is hosting a New Year's Party. I'm going high fiber from now until then, and will try to pull off the seldom achieved Three-Bathroom-Upperdecker. I suppose I could have given them a thoughtful explanation, which seems like your route when dealing with ingrates. But sometimes leaving floaters in a tank is more therapeutic than words on a message board.

Just a thought.

User avatar
Glenneration X
Posts: 3730
Joined: Sat Mar 21, 2009 6:00 pm
Location: Long Island, NY

Re: Combined Event Purses

Post by Glenneration X » Fri Dec 28, 2012 9:32 am

Note to self.....Never invite Potter to a dinner party. :shock: :?

Money
Posts: 1585
Joined: Tue Feb 02, 2010 6:00 pm

Re: Combined Event Purses

Post by Money » Fri Dec 28, 2012 9:33 am

Thanks for the explanation Greg, it makes sense. I was referring more to the combined standings purses than the insured bonus.

As for you Mr. Potter enjoy your fiber. I am neither an ingrate or a donkey (ok maybe sometimes). While you're on your high fiber trilogy for revenge try to find time to GFY. Just a thought.
Joe

User avatar
Edwards Kings
Posts: 5914
Joined: Sun Mar 14, 2004 6:00 pm
Location: Duluth, Georgia

Re: Combined Event Purses

Post by Edwards Kings » Fri Dec 28, 2012 9:41 am

Potter wrote:I'm going high fiber from now until then, and will try to pull off the seldom achieved Three-Bathroom-Upperdecker.
Image
Baseball is a slow, boring, complex, cerebral game that doesn't lend itself to histrionics. You 'take in' a baseball game, something odd to say about a football or basketball game, with the clock running and the bodies flying.
Charles Krauthammer

User avatar
Greg Ambrosius
Posts: 41103
Joined: Thu Jan 22, 2004 6:00 pm
Contact:

Re: Combined Event Purses

Post by Greg Ambrosius » Fri Dec 28, 2012 9:49 am

Money wrote:Thanks for the explanation Greg, it makes sense. I was referring more to the combined standings purses than the insured bonus.
I know and I answered that. It's $9,500 we put up to grow two contests: Main Event and Online Championship. Those two contests generate almost $1 million in revenue and it's a 1% expense we've added to generate more teams. It's well worth it.

What you and Wayne and others are upset about are people who take multiple teams and have more chances to win the Combined Prizes. I get that. But today's market is driven by owners who like multiple chances to win these add-on prizes and when these add-ons stop working then we'll just pocket the money or use it in another promotional way. I fought for these add-ons long ago and through time I think they've proven to be effective promotional tools. They aren't taking away from your league and overall prizes; they are lowering our bottom line profit but in turn effectively growing top line and bottom line revenue.
Greg Ambrosius
Founder, National Fantasy Baseball Championship
General Manager, Consumer Fantasy Games at SportsHub Technologies
Twitter - @GregAmbrosius

User avatar
Outlaw
Posts: 1498
Joined: Sun Mar 27, 2011 6:00 pm

Re: Combined Event Purses

Post by Outlaw » Fri Dec 28, 2012 9:52 am

Ditto Greg and thank you for explaining it.

As for Potter, Money said it best!
Money wrote:Thanks for the explanation Greg, it makes sense. I was referring more to the combined standings purses than the insured bonus.

As for you Mr. Potter enjoy your fiber. I am neither an ingrate or a donkey (ok maybe sometimes). While you're on your high fiber trilogy for revenge try to find time to GFY. Just a thought.

Money
Posts: 1585
Joined: Tue Feb 02, 2010 6:00 pm

Re: Combined Event Purses

Post by Money » Fri Dec 28, 2012 9:52 am

Greg Ambrosius wrote:
Money wrote:Thanks for the explanation Greg, it makes sense. I was referring more to the combined standings purses than the insured bonus.
I know and I answered that. It's $9,500 we put up to grow two contests: Main Event and Online Championship. Those two contests generate almost $1 million in revenue and it's a 1% expense we've added to generate more teams. It's well worth it.

What you and Wayne and others are upset about are people who take multiple teams and have more chances to win the Combined Prizes. I get that. But today's market is driven by owners who like multiple chances to win these add-on prizes and when these add-ons stop working then we'll just pocket the money or use it in another promotional way. I fought for these add-ons long ago and through time I think they've proven to be effective promotional tools. They aren't taking away from your league and overall prizes; they are lowering our bottom line profit but in turn effectively growing top line and bottom line revenue.
Makes sense Greg, I understood the first time, I simply didn't articulate it properly.
Joe

User avatar
Sack
Posts: 1327
Joined: Sun Feb 01, 2004 6:00 pm

Re: Combined Event Purses

Post by Sack » Fri Dec 28, 2012 6:46 pm

ER:

Like a fine wine, you are getting better with age! That might go down as my favorite Potter post of
all time. Needless to say, that is steep company. Thanks for cracking me up on Friday night in December, Champ.



MONEY: Joe, don't take it personal, Emmett was just having a little fun. I'll intro you to the Champ in March. Guy has a heart of gold!


GLENN X ............... CDM crew - we are all outlaws. ;)

Lunatic
Posts: 560
Joined: Sun Oct 24, 2004 6:00 pm

Re: Combined Event Purses

Post by Lunatic » Fri Dec 28, 2012 6:55 pm

What is CDM? ;)
Your actions speak so loud, I can't hear a word you're saying...Ralph Waldo Emerson

User avatar
Sack
Posts: 1327
Joined: Sun Feb 01, 2004 6:00 pm

Re: Combined Event Purses

Post by Sack » Fri Dec 28, 2012 7:01 pm

CDM= C hristie D epends (on) M agner C D M

Lunatic
Posts: 560
Joined: Sun Oct 24, 2004 6:00 pm

Re: Combined Event Purses

Post by Lunatic » Fri Dec 28, 2012 7:10 pm

Sack wrote:ER:

Like a fine wine, you are getting better with age! That might go down as my favorite Potter post of
all time. Needless to say, that is steep company. Thanks for cracking me up on Friday night in December, Champ.



MONEY: Joe, don't take it personal, Emmett was just having a little fun. I'll intro you to the Champ in March. Guy has a heart of gold!


GLENN X ............... CDM crew - we are all outlaws. ;)

I miss Potter's posts on the CDM MB, some of the best, if not the best, posts I have ever read. This post here ranks with the best of the best; I know because it isn't easy to get Magner to laugh. Great post Emmett and have a great time at that New Years party!
Your actions speak so loud, I can't hear a word you're saying...Ralph Waldo Emerson

User avatar
Glenneration X
Posts: 3730
Joined: Sat Mar 21, 2009 6:00 pm
Location: Long Island, NY

Re: Combined Event Purses

Post by Glenneration X » Sat Dec 29, 2012 9:08 pm

Sack wrote:GLENN X ............... CDM crew - we are all outlaws. ;)
I hear ya Bud, but if I ever do decide to have the CDM crew over, please realize that all the bathrooms get locked and it's all about rented Porta-Johns for the night. ;)

Image

User avatar
MadCow Sez
Posts: 761
Joined: Tue Mar 18, 2008 6:00 pm
Contact:

Re: Combined Event Purses

Post by MadCow Sez » Sun Dec 30, 2012 8:40 am

Glenneration X wrote:
Sack wrote:GLENN X ............... CDM crew - we are all outlaws. ;)
I hear ya Bud, but if I ever do decide to have the CDM crew over, please realize that all the bathrooms get locked and it's all about rented Porta-Johns for the night. ;)

Image
Cool....blue baths for one lucky participant!
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

Post Reply