Hey guys, I may be looking to throw some tournaments for everyone. One thing that I really want to promote that I think would raise the competition and hype is to up entry fees.
Poker, for example, wouldn’t be such a spectator sport if there wasn’t a lot of money involved. Golf has a really high entry few as well. Bass fishing, for those who are familiar, also have somewhat expensive entry fees.
Along with higher fees, payout is stretched out more places.
I don’t see why we can’t move towards that direction.
If people are driving up to 50-100 miles to compete, it just doesn’t make sense to me to play for $5-$10.
What I am proposing:
$25-$50 entry fees (or higher)
Single elim (i’ll explain why)
Best of 3
Top 30% on entrants will be “in the money”
Let’s take a small 16 person tourney to use as an example.
The pot with a $25 entry is $512.
Payouts can be:
This way, guys who always finishing in the top 30% will at the very least get their money back. If only the top 3 finishers in poker tournaments got paid. I’m sure less people would play since it would be harder to get a return on their investment. This style rewards consistent players as well as the “lucky” player.
Now, the next point. Why single elimination? You say luck can be a factor, and I say great. Why not? We don’t complain that the Super Bowl is just one game. In fact, this makes it more interesting as it gives more people a chance to get in the money for each tournament. Those who play multiple tournaments that are good should be winning overall. They might lose one here or there, but over time, the best players can still be best. (Just like poker, golf, or fishing).
To be honest, I think EVO could have had a little more hype if the buy in was just a little higher. Imagine at $25. First place would have been almost $18,000 with the top 3 method. Would there have been less entries? Probably not IMO. I think if you can afford to go to Vegas, one of the most expensive cities in the country, you can afford $25 over $10. Hell, if they went out and bought 2 drinks they would already spend $25 in Vegas.
I know a lot of people simply play for bragging rights or what not, but you can get paid in all other major tournaments for being pretty good. SF tournaments, you gotta be the best one basically. I don’t see why this can’t be the same.
Let me know if anyone has any interest or feedback or whatever. With some interest, I can start planning one out.
EDIT: I forgot to mention that since most of the top players are almost guaranteed to win, the single elim factor can give a sense of hope to weaker players. Maybe they might win, maybe the other gets knocked out, etc. If you are the top player, you should be happy that people are willing to put up their money since you have the highest chance of always getting paid.