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15. Februaro 2006, 04:55:09
Walter Montego 
Temo: Entry fee tournaments
I just created a couple of tournaments. They're not prize tournaments, but I noticed the entry fee set up on the page for creating new tournaments. How come the prize fund is limited to 70%? I wouldn't mind giving all the the winners the whole amount. What happens to the other 30%? Does the tournament creator get it? Does Fencer get it? Do they share it? 30% seems like a very high piece of the action. Even Keno in Vegas ain't that steep usually. If the creator gets it or a piece of it, I definitely think he should be able to award all of it if he so desires. If Fencer gets all of it I have to question this. We already pay for our memberships, why should we have to fork over 30% of the purse to the site operator? A fair cut should be between 5% and 16%. I favor charging no cut at all unless the creator of the tournament gets a piece of the action then I could see justifying Fencer getting a piece of the action since he is supplying the site for the tournament creator to have his tournament. 30% is a little too much and most people are going to balk at kicking in so much. Least ways, I'll be reluctant to enter, especially if there's not too many people in the tournament. I suppose if 100 people sign up and pay 20 BK Brains each, I wouldn't mind 40% of 2000 Brains if I was to win. I just checked, the minimum appears to be 50 BK Brains. So that'd be 40% of 5000 if the creator set it at 40-20-10. 2000 BK Brains in this example. Of course you'd have 100 opponents and it wouldn't be easy to win such a tournament. Still 30% of the 5000 is 1500 and that'd be taken right off the top. It seems kind of high. Even 10% would be 500 and I don't see any extra service provided for the trouble.

I am planning on sponsoring a tournament in the third quarter. I'll be putting up all the money. This is the way it's been for awhile now. Fencer said I could combine doing that with having an entry fee payout too. The thing is, not everyone has these Brains and they won't be able to enter even though I'm sponsoring the tournament. What is the percentage of current members that have BK Brains? It needs to be near 100%. I assume Pawn members are the least likely to have BK Brains. In my open tournaments I like having Pawn members participate. Invitationals would be different, but even then if I have an invitational some of my invitees might just happen to be Pawn members. How hard is it to acquire these BK Brains? For the longest time I never had any. Then a long time ago friend from IYT decided to join this site and he apparently refered me and now I have 50 Brains. I've heard that one may purchase these Brains. It's easy enough to send money in I suppose. How successful has this been so far? I already bought my membership or have had the good fortune to win a prize tournament. I did these things before this new Brain exchange deal come into effect this month. Does buying a membership now also get the purchaser some BK Brains, or do they have to be purchased or won seperately and put into your account?

I hope this new BK Brains tournament entry fee is in a testing stage and some things might be open to change or adoption. As it set up now, I have some problems with it. I think with some slight modifications and more leeway given to the awarding of prizes by the tournament creator could greatly increase the popularity of these types of tournaments. Sharing money not awarded and lowering the percentage kept or even eliminating it if so desired should really be considered.

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