Start scratching your head and say what???
Ever seen a group last longer bet tournament? I'll explain.
Every time a player is eliminated, everyone else gets paid points. The farther you make it, the more points you get. Each time someone goes out, the pay outs get bigger and bigger.
The example I have below is assuming a 40 person tournament, each person puts in 125 points:
Players Left Pay Out Points Paid
40
39 1 39
38 1 38
37 2 74
36 2 72
35 3 105
34 3 102
33 4 132
32 4 128
31 5 155
30 5 150
29 6 174
28 6 168
27 7 189
26 7 182
25 8 200
24 8 192
23 9 207
22 9 198
21 10 210
20 10 200
19 11 209
18 12 216
17 12 204
16 13 208
15 13 195
14 14 196
13 14 182
12 15 180
11 15 165
10 16 160
9 16 144
8 17 136
7 17 119
6 18 108
5 18 90
4 19 76
3 19 57
2 20 40
1 20 20
0 21 0
Long story short, the most you could win was 409 points, you'd need 19th place or better to break even. This would in addition to a money prize pool.
Thoughts? Bad idea? Don't understand it?
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Thread: Last Longer Bet Tournament
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04-19-2012, 02:32 PM #1
Last Longer Bet Tournament
"And Shepherds we shall be. For thee, my Lord, for thee.
Power hath descended forth from Thy hand. Our feet may swiftly carry out Thy commands.
So we shall flow a river forth to Thee And teeming with souls shall it ever be.
In Nomeni Patri Et Fili Spiritus Sancti."
http://www.youtube.com/watch?v=7_AtUXdXA_s