Megsy9
High Hand
I was asked to join a poker league of 8 people. (It is anticipated it will be the same 8 at all tournaments) with the following format.
6 month Season (1 Tourney/Month) (all of this is based on 8 entries)
$60/month ($60 x 6 months = $360 total investment)
Breakdown (based on 8 entries)
- $30 goes to overall standings ($1,440)
- $20 goes to monthly payout ($960)
- $10 goes to final end of season tournament ($480)
Monthly (Daily) Payouts ($160)
1st - $100
2nd - $60
Monthly (Daily) Point awards for where you finish
1st – 20
2nd – 15
3rd – 10
4th – 8
5th – 6
6th – 4
7th – 2
8th – 1
Overall Standings Payouts ($1,440)
1st – $720
2nd – $360
3rd – $220
4th – $140
Final End of the Year Tournament Payouts (Optional) ($480 from daily entry fees) + $60 buy in = $960
1st – $500
2nd – $ 240
3rd – $140
4th - $80
I’m excited for the idea of getting the league going but was interested if anyone who has played in a league or runs a league has any thoughts on the structure.
6 month Season (1 Tourney/Month) (all of this is based on 8 entries)
$60/month ($60 x 6 months = $360 total investment)
Breakdown (based on 8 entries)
- $30 goes to overall standings ($1,440)
- $20 goes to monthly payout ($960)
- $10 goes to final end of season tournament ($480)
Monthly (Daily) Payouts ($160)
1st - $100
2nd - $60
Monthly (Daily) Point awards for where you finish
1st – 20
2nd – 15
3rd – 10
4th – 8
5th – 6
6th – 4
7th – 2
8th – 1
Overall Standings Payouts ($1,440)
1st – $720
2nd – $360
3rd – $220
4th – $140
Final End of the Year Tournament Payouts (Optional) ($480 from daily entry fees) + $60 buy in = $960
1st – $500
2nd – $ 240
3rd – $140
4th - $80
I’m excited for the idea of getting the league going but was interested if anyone who has played in a league or runs a league has any thoughts on the structure.