Calcuttas are generally ran by the house or their agent and house rules usually are whatever pleases the house. Buying half is usually optional for the player, not always. That is a fine place to sting no hopers and long shots. Bites to waste a hundred or two because somebody feels like yanking your chain or is toting a grudge for some reason. Another common rule around here, if there are no bids the player has to buy themselves for the minimum bid. Sometimes all of the players with no bids are put into a pool. There can be interesting bidding when you are bidding on a dozen players or more!
When it is mandatory for the player to buy half of themselves I don't see the same rush to catch up with the high bidder, rules state you are buying half. I have heard of the player having to buy half, never seen it firsthand. I pointed out the issue below.
To address increased value after the tournament has started some events have a second calcutta after they get down to the top sixteen or thirty-two.
Calcuttas rules are generally set by the house or rules of the organization running the event so rules can be all over the place. I have seen where it is the winning bidder that has sayso if the player can buy half, I have seen them where the winning bidder must sell if the player wants to buy.
Player must buy half would be ridiculous using a recent event as an example. One or two thousand dollar entry, the top three in the calcutta went for over thirty thousand, one almost forty thousand! If he had to buy half of himself in the calcutta the highest priced player would be paying about twenty thousand to enter, the next two players over fifteen thousand! That isn't common but top players going for over two thousand is pretty common. Having to pay a thousand dollar or more premium over the entry fee would keep a lot of players out of events.
I don't care for calcuttas for several reasons. I prefer a cash option where the player or somebody that has already made arrangements with them forks over a set amount for all players interested at entry. It's quick and everybody knows what they are paying upfront.
There are also player auctions. I have read about events with both a calcutta and a player auction so apparently they are or can be different but I can't remember encountering a player auction so I don't know how it differs from a calcutta.
Hu
When it is mandatory for the player to buy half of themselves I don't see the same rush to catch up with the high bidder, rules state you are buying half. I have heard of the player having to buy half, never seen it firsthand. I pointed out the issue below.
To address increased value after the tournament has started some events have a second calcutta after they get down to the top sixteen or thirty-two.
Calcuttas rules are generally set by the house or rules of the organization running the event so rules can be all over the place. I have seen where it is the winning bidder that has sayso if the player can buy half, I have seen them where the winning bidder must sell if the player wants to buy.
Player must buy half would be ridiculous using a recent event as an example. One or two thousand dollar entry, the top three in the calcutta went for over thirty thousand, one almost forty thousand! If he had to buy half of himself in the calcutta the highest priced player would be paying about twenty thousand to enter, the next two players over fifteen thousand! That isn't common but top players going for over two thousand is pretty common. Having to pay a thousand dollar or more premium over the entry fee would keep a lot of players out of events.
I don't care for calcuttas for several reasons. I prefer a cash option where the player or somebody that has already made arrangements with them forks over a set amount for all players interested at entry. It's quick and everybody knows what they are paying upfront.
There are also player auctions. I have read about events with both a calcutta and a player auction so apparently they are or can be different but I can't remember encountering a player auction so I don't know how it differs from a calcutta.
Hu
