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10. Maio 2006, 14:44:08
SafariGal 
Assunto: Question on tourney fees
Entry fee (in Brains): 50 Brains
Final position prizes (%): 1: 50%, 2: 15%, 3: 5%

I see a lot of these being run. What happens to the remaining 30% of the brains used to enter the tournament?

10. Maio 2006, 16:59:46
Fencer 
Assunto: Re: Question on tourney fees
SafariGal: Nothing. They disappear.

10. Maio 2006, 17:02:23
SafariGal 
Assunto: Re: Question on tourney fees
Fencer: so even the tournament owner does not get the profits? Or is this more like an admin fee because I assume there is a lot of manual work on your part to dish out the winnings

10. Maio 2006, 17:40:11
Rose 
Assunto: Re: Question on tourney fees
SafariGal: I think if the tourney organizer got the remaining brains you would see such an influx of brain prize tournies that there would be too many and not many folks would join up to them. As it is now there are many tournies 20 or 30 days over do from starting because not enough folks have signed up, some brain prize tournies as well.

10. Maio 2006, 17:50:31
SafariGal 
Assunto: Re: Question on tourney fees
Rose: yes I saw all the overdue tournies and I thought why are they just not deleted? Some looked like parts had started but other parts of it were still open to signing up but maybe I was imagining that

10. Maio 2006, 18:49:10
Walter Montego 
Assunto: Re: Question on tourney fees
SafariGal: It's all about the perception of fairness. I posted about this subject on the BrainKing discussion board around the first or second week of February. It all got lost in a big brouhaha caused by an unrelated subject on February 14th.

I proposed letting the tournament organizer keep the profit and giving Fencer a cut of it. I also said to let the organizer be able to set the profit at whatever level he wanted, including no profit at all or even letting him put extra in for a larger purse.

You presently can sponsor a prize tournament yourself without a fee. And notice, these tournaments are widely attended. The fee-to-enter tournaments with a 30% cut seems too high for just about everyone. Fencer did propose adding month extensions for every ten positions filled in the tournament.

I would change the current set up and let the tournament creator set the percentages to whatever levels he likes and for more places. If the total is less than 100%, he shares it with Fencer, say 75%/25% Creator to Fencer. All types of percentages would be tried, but eventually people would enter those tournaments they thought were fair for themselves. I personally would not enter one that took more than 10% out unless I figured my chances of winning a placing prize were very good.

Then there's the problem of the Brains themselves. Not everyone has them yet. This causes the fee-to-enter tournaments to not get started because of lack of people joining. The pool of people with Brains is small. I have 50 Brains. What am I supposed to do with them?

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