drneau.com Forum Index drneau.com
A discussion board for drneau.com
 
 FAQFAQ   SearchSearch   MemberlistMemberlist   UsergroupsUsergroups   RegisterRegister 
 ProfileProfile   Log in to check your private messagesLog in to check your private messages   Log inLog in 

Satellites, any suggestions on how to handle the payout?

 
Post new topic   Reply to topic    drneau.com Forum Index -> Payout Schedules, Chops & Side Bets
View previous topic :: View next topic  
Author Message
s.mortensen
"Ace High"


Joined: 08 Sep 2006
Posts: 9

PostPosted: Fri Jun 05, 2009 7:34 am    Post subject: Satellites, any suggestions on how to handle the payout? Reply with quote

Hello

I get stuck when trying to implement a payout structure for satellite tournaments.

I wanna show hoe many places are paid, and I wanna show the remaining price pool to be paid out on the "bubble".

Any suggestions on how to handle this?

Thanks

/Steffen
Back to top
View user's profile Send private message Visit poster's website
drneau
Site Admin


Joined: 13 Feb 2005
Posts: 2385
Location: Woodbury, MN

PostPosted: Fri Jun 05, 2009 8:03 am    Post subject: Re: Satellites, any suggestions on how to handle the payout? Reply with quote

s.mortensen wrote:
Hello

I get stuck when trying to implement a payout structure for satellite tournaments.

I wanna show hoe many places are paid, and I wanna show the remaining price pool to be paid out on the "bubble".

Any suggestions on how to handle this?

Thanks

/Steffen


Not sure what you mean...
_________________
--
Dr. Neau (not a real doctor)
http://drneau.com
http://home.comcast.net/~jneau
Back to top
View user's profile Send private message Send e-mail Visit poster's website
s.mortensen
"Ace High"


Joined: 08 Sep 2006
Posts: 9

PostPosted: Fri Jun 05, 2009 1:42 pm    Post subject: Reply with quote

Just plain and simple.
How would you go about setting up the payout schedule for a satellite?

eg.
Buyin: $50
23 buins.

A seat for every $250

The payout pane should read somnething like this:

#1 $250
#2 $250
#3 $250
#4 $250
#5 $150

Thanks
Back to top
View user's profile Send private message Visit poster's website
drneau
Site Admin


Joined: 13 Feb 2005
Posts: 2385
Location: Woodbury, MN

PostPosted: Sat Jun 06, 2009 7:31 pm    Post subject: Reply with quote

Well, you're giving out 1 seat for every 5 buy-ins.

So, I'd set up a tiered payout schedule that looks something like this:

1-4 buy-ins:
1: 100%

5-9 buy-ins:
1: Seat
2: 100%

10-14 buy-ins:
1: Seat
2: Seat
3: 100%

15-19 buy-ins:
1: Seat
2: Seat
3: Seat
4: 100%

(and so on).

Then, I'd adjust the fixed rake to be equal to buy-in amount * # of seats I'm giving away. Of course, you'd have to adjust that manually.
_________________
--
Dr. Neau (not a real doctor)
http://drneau.com
http://home.comcast.net/~jneau
Back to top
View user's profile Send private message Send e-mail Visit poster's website
Display posts from previous:   
Post new topic   Reply to topic    drneau.com Forum Index -> Payout Schedules, Chops & Side Bets All times are GMT - 6 Hours
Page 1 of 1

 
Jump to:  
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum


Powered by phpBB © 2001, 2005 phpBB Group