Added Money to tournaments

[xxxbilliards]

When a pool tournament is going to be held at a particular location, the first thing you do is advertize....by flyers, word of mouth, internet forums, etc.
You will explain the rules of play, spots to be pay, format of game, format of break, entry fees and if any handicaps, also if is open or closed (in the case of league players mostly) etc .......you will list all relevant information pertaining to the tournament at hand.
Depending on the entry fee being charged, and expectancy of participants (something never known for sure) unless prepaid as we know some tournaments we all know. The assumption es that as much of 25% of the entry fees in general is reserved for table time, it could be less or it could be a flat fee, again this has to do with what is the entry fee.
For exemplar a $100.00 entry could have either a $ 25.00 or a flat fee of $ 20.00 or less, however some tournaments are run by some people that don't have either the full equipment like charts of play or lack certain things like the inability to post updates of the charts (knowledge of rules sometimes) like video, articles related to the finish of the tournament including pictures or trophies (mail to different billiards magazines) witch requires more time from the TD or writer.
This information is not listed must of the time because is deemed arbitrary to the welfare of the tournament, so the TD usually finds a way to add money........that may come from the owner of the place (He anticipates local being fill with "new people" and therefore have increase business ) It better to have traffic than lay still is the "motto", another way is to find a sponsor, partner, etc.
If the tournament is to add, say $ 1000.00, then a fee per played may be deducted from the total amount of players, maybe $ 15.00 per player is set aside to either reimbursed the host ( usually the owner has the tables open with no charge for practice or play or possibility of renting and earning an income and or perhaps cover the expenses of the TD and crew if is a large tournament, also sometimes the Tournament lasts more than a day and requires sleepover and meals as well .
Somebody has to pay for this services for the TD unless the TD has a vested interest in the facility (may own establishment) and is better for Him to fill the place
Generally if the tournament don't charge fees of any sort you may find that you may have to pay per play as in coin ops. The alternative is to open the tables and have a reasonable amount set aside to cover the costs associated with the tournament, bear in mind that some pay referees, TD's, in some cases even pay the rack person and also sometimes pay the advertizement of same (some in TV or magazines)
The tournament lasts between hours to days depending on the format of same and certain things are reasonable while others are not.
The equipment for a TD could include computer, printer, stationary and mobility...... depending on the distance of travel is one other cost added to the TD
While some people questions the practice, must are incapable of holding a flawless tournament and just offer solutions to something they know nothing about it and that sometimes is not fair play.
Some TD are also paid a flat fee to run the tournament or sometimes a tour that travels. Some tournaments offer cue cleaning for a fee as well as cues both new and used....again it has to do with traffic. It all depends who offers the service (if the host place do, then that is extra income to help offset other costs)
I know of some tournaments held at bars where the players are offered a prize money with no entry fees and usually has two tables or less, but you must pay the box per play and at the end the owner may recoup the money offered from the box fees alone, you are expected to drink and eat while at the place and that will be considered extra as well.
Also think that if is too good to be true, it may be right
The amount of time dedicated to pool is one other reason to believe what it has been offered.
So perhaps this will en light some people perception as to to added money meaning, bear in mind that there is various form of tournaments and all are not guided the same way, but in general I think the subject has been well covered......however feel free to ask if you feel the need

Play and shoot as if it was the best thing of your life (a players credo):wink:

 

[macguy]

When a pool tournament is going to be held at a particular location, the first thing you do is advertize....by flyers, word of mouth, internet forums, etc.
You will explain the rules of play, spots to be pay, format of game, format of break, entry fees and if any handicaps, also if is open or closed (in the case of league players mostly) etc .......you will list all relevant information pertaining to the tournament at hand.
Depending on the entry fee being charged, and expectancy of participants (something never known for sure) unless prepaid as we know some tournaments we all know. The assumption es that as much of 25% of the entry fees in general is reserved for table time, it could be less or it could be a flat fee, again this has to do with what is the entry fee.
For exemplar a $100.00 entry could have either a $ 25.00 or a flat fee of $ 20.00 or less, however some tournaments are run by some people that don't have either the full equipment like charts of play or lack certain things like the inability to post updates of the charts (knowledge of rules sometimes) like video, articles related to the finish of the tournament including pictures or trophies (mail to different billiards magazines) witch requires more time from the TD or writer.
This information is not listed must of the time because is deemed arbitrary to the welfare of the tournament, so the TD usually finds a way to add money........that may come from the owner of the place (He anticipates local being fill with "new people" and therefore have increase business ) It better to have traffic than lay still is the "motto", another way is to find a sponsor, partner, etc.
If the tournament is to add, say $ 1000.00, then a fee per played may be deducted from the total amount of players, maybe $ 15.00 per player is set aside to either reimbursed the host ( usually the owner has the tables open with no charge for practice or play or possibility of renting and earning an income and or perhaps cover the expenses of the TD and crew if is a large tournament, also sometimes the Tournament lasts more than a day and requires sleepover and meals as well .
Somebody has to pay for this services for the TD unless the TD has a vested interest in the facility (may own establishment) and is better for Him to fill the place
Generally if the tournament don't charge fees of any sort you may find that you may have to pay per play as in coin ops. The alternative is to open the tables and have a reasonable amount set aside to cover the costs associated with the tournament, bear in mind that some pay referees, TD's, in some cases even pay the rack person and also sometimes pay the advertizement of same (some in TV or magazines)
The tournament lasts between hours to days depending on the format of same and certain things are reasonable while others are not.
The equipment for a TD could include computer, printer, stationary and mobility...... depending on the distance of travel is one other cost added to the TD
While some people questions the practice, must are incapable of holding a flawless tournament and just offer solutions to something they know nothing about it and that sometimes is not fair play.
Some TD are also paid a flat fee to run the tournament or sometimes a tour that travels. Some tournaments offer cue cleaning for a fee as well as cues both new and used....again it has to do with traffic. It all depends who offers the service (if the host place do, then that is extra income to help offset other costs)
I know of some tournaments held at bars where the players are offered a prize money with no entry fees and usually has two tables or less, but you must pay the box per play and at the end the owner may recoup the money offered from the box fees alone, you are expected to drink and eat while at the place and that will be considered extra as well.
Also think that if is too good to be true, it may be right
The amount of time dedicated to pool is one other reason to believe what it has been offered.
So perhaps this will en light some people perception as to to added money meaning, bear in mind that there is various form of tournaments and all are not guided the same way, but in general I think the subject has been well covered......however feel free to ask if you feel the need

Play and shoot as if it was the best thing of your life (a players credo):wink:

Added money as long as it is not based on a full field is fine with me. In other words guaranteed. The guy putting on the tournament has to take the bad with the good. I once put on a small weekend one pocket tournament with $1000. added and $50.00 entry fee all going to the tournament pot. I foolishly did this on a holiday weekend. Only 8 players showed up.

They were all willing to have the pot cut so I would not take such a bath but I refused. I gave away the full amount. They agreed that we only pay three places so the winner would still have a good payday. When you put on a tournament you often take a gamble. Every player who comes takes a gamble as well.

 

[xxxbilliards]

You are correct, it is a gamble....but some people enjoy this and look to play......the more you know about it is the better
Driving time is also important, if you are a good player you will perhaps travel longer

 

[boogeyman]

When a pool tournament is going to be held at a particular location, the first thing you do is advertize....by flyers, word of mouth, internet forums, etc.
You will explain the rules of play, spots to be pay, format of game, format of break, entry fees and if any handicaps, also if is open or closed (in the case of league players mostly) etc .......you will list all relevant information pertaining to the tournament at hand.
Depending on the entry fee being charged, and expectancy of participants (something never known for sure) unless prepaid as we know some tournaments we all know. The assumption es that as much of 25% of the entry fees in general is reserved for table time, it could be less or it could be a flat fee, again this has to do with what is the entry fee.
For exemplar a $100.00 entry could have either a $ 25.00 or a flat fee of $ 20.00 or less, however some tournaments are run by some people that don't have either the full equipment like charts of play or lack certain things like the inability to post updates of the charts (knowledge of rules sometimes) like video, articles related to the finish of the tournament including pictures or trophies (mail to different billiards magazines) witch requires more time from the TD or writer.
This information is not listed must of the time because is deemed arbitrary to the welfare of the tournament, so the TD usually finds a way to add money........that may come from the owner of the place (He anticipates local being fill with "new people" and therefore have increase business ) It better to have traffic than lay still is the "motto", another way is to find a sponsor, partner, etc.
If the tournament is to add, say $ 1000.00, then a fee per played may be deducted from the total amount of players, maybe $ 15.00 per player is set aside to either reimbursed the host ( usually the owner has the tables open with no charge for practice or play or possibility of renting and earning an income and or perhaps cover the expenses of the TD and crew if is a large tournament, also sometimes the Tournament lasts more than a day and requires sleepover and meals as well .
Somebody has to pay for this services for the TD unless the TD has a vested interest in the facility (may own establishment) and is better for Him to fill the place
Generally if the tournament don't charge fees of any sort you may find that you may have to pay per play as in coin ops. The alternative is to open the tables and have a reasonable amount set aside to cover the costs associated with the tournament, bear in mind that some pay referees, TD's, in some cases even pay the rack person and also sometimes pay the advertizement of same (some in TV or magazines)
The tournament lasts between hours to days depending on the format of same and certain things are reasonable while others are not.
The equipment for a TD could include computer, printer, stationary and mobility...... depending on the distance of travel is one other cost added to the TD
While some people questions the practice, must are incapable of holding a flawless tournament and just offer solutions to something they know nothing about it and that sometimes is not fair play.
Some TD are also paid a flat fee to run the tournament or sometimes a tour that travels. Some tournaments offer cue cleaning for a fee as well as cues both new and used....again it has to do with traffic. It all depends who offers the service (if the host place do, then that is extra income to help offset other costs)
I know of some tournaments held at bars where the players are offered a prize money with no entry fees and usually has two tables or less, but you must pay the box per play and at the end the owner may recoup the money offered from the box fees alone, you are expected to drink and eat while at the place and that will be considered extra as well.
Also think that if is too good to be true, it may be right
The amount of time dedicated to pool is one other reason to believe what it has been offered.
So perhaps this will en light some people perception as to to added money meaning, bear in mind that there is various form of tournaments and all are not guided the same way, but in general I think the subject has been well covered......however feel free to ask if you feel the need

Play and shoot as if it was the best thing of your life (a players credo):wink:

Appreciate the above example in terms of how added tournament money is viewed.
Perhaps players can gain an appreciation for this dynamic.

Though please spellcheck your post; the errors distract from your otherwise excellent write-up.

(I am a stickler, yes, when it comes to writing. So if anyone wants to 'call me out' on my own writing mistakes, I will gladly "own" them graciously). :grin-square:

 

[j_zippel]

This is all fine and dandy as long as the amount of money advertised is actually paid out..


Sent from my iPhone using Tapatalk

 

[CocoboloCowboy]

We'll this subject of added money has been talked about before. Maybe the golden rule to make everyone happy would be full disclosure in advertising a tournament.

Words like:

Full field

Number that USA full field

Cost of green fees

If there is a side post

Calcutta available

Etc.

 

[xxxbilliards]

Appreciate the above example in terms of how added tournament money is viewed.
Perhaps players can gain an appreciation for this dynamic.

Though please spellcheck your post; the errors distract from your otherwise excellent write-up.

(I am a stickler, yes, when it comes to writing. So if anyone wants to 'call me out' on my own writing mistakes, I will gladly "own" them graciously). :grin-square:

I would love to see the errors that were made, could you please do explain by perhaps editing the version written by me and have the ability of comparison side by side (if you don't mind) I thank you in advance.
English is not my first language as you probably can tell but I assure you that I can write perfect Castellano.
I was reading some comments about some people that said that they did no know about the subjects

Added money question - Yesterday, 03:37 PM
Wanted clarification.
When a tournament says $5,000 added does that mean over and above entry fees?

So if 50 people enter at $50 a piece, that's $2,500 in entry fee money.
With $5,000 added the total prize fund would be $7,500?

And the added money comes from sponsors I guess?

Just taking a stab at it first. ^^^^
Thanks.

---I'm a C level player with an occasional A level shot!

Yesterday, 03:47 PM
Ok. Thanks. Maybe cause host room takes some cash too I guess?

---I'm a C level player with an occasional A level shot!

Yesterday, 04:07 PM
Quote:


Yesterday, 04:31 PM
Quote:
Originally Posted by bdorman View Post
Exactly! There are lots of threads about "Promoter Fraud!" because table time and other expenses are deducted from the entries+addedmoney but not loudly disclosed.

I can't help you with the details of a calcutta. I've asked the question here before but usually get an answer like: you auction off the players. Hopefully someone will provide you (us) more information.
Got it thanks!

---I'm a C level player with an occasional A level shot!


Yesterday, 06:52 PM
Quote:
Originally Posted by 9andout View Post
Got it thanks!
Lets see:

After all the players have paid the entry fee and there is no more players to be added, a list is made of all the players names and/or their handicaps if any. This is done before the draw is done and nobody knows who is playing against who!!!
Then a person may or may not have what is called a blind bid where a number of players (usually the best are "sold" to the highest bidder"
This practice is continued will all the players in the list, there is a minimum price per player (say $10.00) to start. When your name is called the auctioneer will ask the player if "he" wants to buy himself from the bare minimum of ...say $ 10.00 unless somebody bids more than you, highest bidder gets the "horse". You as a player then will be presented with the option of buying half of your self and have to pay the highest bidder 1/2 of what He did pay for you. Now, this is voluntary, you are under no obligation to pay half , or a quarter for that matter. However the player that pay for you is deemed to be the owner and any monies payable will go to him unless otherwise stated . Usually if you bought have of you, have the money is yours......but bear in mind that many times there is a lot of players that refuse to buy themselves and they are grouped together and sold as a unit to the highest bidder as a "special"
The tournament will pay a number of spots, sometimes as much as 1/4 of the field, but sometimes it pays even less than the 1/4 field...usually is stated in the flyer but if not is worth asking.
The payout for the calcutta is also usually halve of the tournament pay outs, if the tournament pays 8 spots....then Calcutta will pay 4 spots.
The total money collected from the calcutta forms a second prize, many time exceeding the payout from the tournament and the good thing is that you don't need to play in the tournament to play the calcutta......anybody that is there may be a Calcutta buyer.
Calcutta prize is not to be included in the final results for the media outlets or if included are separated to let people know that the Calcutta was good, sometimes players go to tht tournaments hopping to buy good on the Calcutta....If your "horse" does not come in the required place to collect, then your money is gone!!
Also many times a small percentage of Calcutta is donated towards a charity if that was the purpose of the tournament ....eg: memorials Again, it would be stated before the Calcutta is started
Calcutta is strictly voluntary, if you happen to win a tournament and didn't get halve of yourself then you will get only the regular prize money perhaps while the second place with Calcutta (He is now first) walks away with twice the money
I hope this will entertain your mind and if you have any questions...........ask!!

Remember people.... Help the homeless......before you become one!!
Always is better to be judged by 12.....and not be carried by 6



Thanks for the great explanation! Good reference material now!

---I'm a C level player with an occasional A level shot!
Originally Posted by 9andout View Post
Maybe cause host room takes some cash too I guess?
Exactly! There are lots of threads about "Promoter Fraud!" because table time and other expenses are deducted from the entries+addedmoney but not loudly disclosed.

I can't help you with the details of a calcutta. I've asked the question here before but usually get an answer like: you auction off the players. Hopefully someone will provide you (us) more information.

The more I practice, the luckier I get. --- Gary Player

I care not for a man's religion whose dog and cat are not the better for it. --- Abraham Lincoln

Judge a man by his questions rather than by his answers. --- Voltaire

As you can see I was returning a comment with an explanation, just that!! but I'm sorry if the text was not proper........I assure you that I can write the same in Castellano (also know as spanish to some) properly is Castellano

My thanks for the correction and look forward to see the difference

Thanks again

 

[voiceofreason]

A tournament with a total entry of $2500 might have $5,000 added? Really? That is good..

But then, after that, you are saying that table time and lights etc are deducted? So what is the prize fund then?? How does the promoter make money?

I haven't run a tournament in a pool hall in a few years but typically the way it would work here is that the total entry fee is the prize fund and then I would receive from the venue £3 per player per day by way of sponsorship plus my own sponsorship on top. So, for example:

64 player field at £50 entry = £3,200 prize pot
64 players day one and 32 reamaing day 2 = 96x £3 = £288 from the venue to me
Inbound sponsorship, dependent on location, etc = usually around £2-300.

Can't see the point of a tournament organiser running a tournament unless they are going to at least cover their own basic expenses, which is all I was personally really interested in.