Calcuttas

JoeyA

Efren's Mini-Tourn BACKER
Silver Member
One of my old needlers, stuck me with a pin recently, complaining about my stance on Calcuttas and prompted this thread on an old position that I still hold strongly. :p :D :mad: :D

First off, I believe in paying VERY DEEP in all tournaments (basically 25% of the field shoud get paid even if it is only their entry fee back.

For a 64 person tournament I suggest the following percentages:
25, 16, 12, 9, 5, 5, 4,4,3,3,3,3,2,2,2,2.
This would apply to the 16 places which is 25% of the field if 64 players.

I also suggest that the Calcuttas be paid in a similar fashion per centage wise. My reasoning is that many people participate in the Calcutta for the sake of being part of the community and that most of the participants would appreciate getting a little taste of the Caluctta Pie even if it is a small taste. I think for some it takes the sting out of having to donate extra money to a Calcutta, although as we all know you don't have to participate in them. The majority of the people would love to come in the money even if it is only to get their calcutta bid returned. This is not possible when you pay just a few places.

Most of these people do not have the opportunity of getting to the top 6 or 8 places let alone the top 4 places which is often done in Calcuttas, yet most make their contribution because of a variety of reasons some of which they don't want to be embarassed by not bidding on themselves.

The tournaments are generally won by the very best players and that's fine, they earned it but my contention is that you must spread the wealth around or the tournaments continue to shrink until there is no more tournament due to "lack of interest/participation by the local also-ran players". It seems that the successful pool leagues understand this and have capitalized on this. The tours are catching on as far as the tournament is concerned but they continue to pay but a few places for the Calcuttas and with most of the money going to first place. It doesn't make sense to me that the same top players should win 50% of the Calcutta money, with second place often being paid 30% and third and fourth being paid 15 & 5 per cent respectively.

It is my belief that if the Calcuttas were treated like the tournaments, more people would participate in the tournaments and take part in the Calcuttas.

At the very least a 64 person Calcutta should pay at least 8 places (although IMHO preferably 16 places). If 8 places I suggest the following per centages 35, 25, 15, 10, 5,5,2.5,2.5.

With that being said, it my belief that the more people who are able to sit at the dining room table and partake BOTH OF THE TOURNAMENT PAY BACKS AND THE CALCUTTAS, the better off the tournament is as a whole. The people who generally win the tournaments will continue to win the higher places as usual but they would have to share the bounty a little more.

So the question is for people who actually play or would play in entry fee/calcutta based local, regional or national pool tournaments: HOW MANY PEOPLE SHOULD GET PAID AND HOW MUCH SHOULD THEY PAID?

The big Calcutta guys, you know who they are; they buy up all of the good players and while they pay a good price in doing so, they also consistently win most if not all of the Calcutta money (often times even the top players cannot afford to purchase themselves in the Calcutta and have to rely on the generosity of the bidder for a sliver of a bone). I think that this is why you see some dumping in the tournaments because the players could not justify participating in the Calcutta. Paying deeper in the Calcutta might reduce the number of dollars paid out and then again it may not as the lesser players would be more inclined to buy themselves for higher prices if they knew they had any chance at all of coming in the Calcutta money.

I guess I just don't see why just a few people should benefit from the calcutta. I think everyone should have a chance to have a piece of the Calcutta pie.

What say you? (And for the record, let us know where you generally place in the tournaments or what your level of play is)

Thanks,


JoeyA
 
I never did understand why only the top 4 players (or less) were paid in the Calcutta. There has been calcuttas that generated more for a first place payout than the entire pot in the regular tournament.

My guess is that the gamblers that do the bidding and the players that acutally buy half of the gamble are the only ones affected by the payouts. The 'rest of the field' (players and railbirds) that only come to play and watch don't deserve any of the calcutta, do they?

I guess it is just what the guy/s running the calcutta and the gamblers agree upon for payouts.

Would a more liberal payout (top 25% of the field) generate more interest in the tournament? I doubt it. The normal (and I use that term loosely in this group) player (part of the 75& of the field that doesn't get paid) could care less about the calcutta, except it keeps the tournament from starting way after the signups have stopped. Usually the draw is done and the players are ready to play 15 minutes after the signups close.

I don't think it would make that much difference if you paid 25% of the field with the money wagered in a calcutta.
 
I have never played in a tournament with a Calcutta. Is this only an American phenomen?

By the way, once we organized a kind of calcutta during the Norwegian Championship. People could pay about 5 $ each, and pick the top 4 players in the tournament. 1 p for each correct name, and 1 p for correct position. That means 8 p is maximum.

A lot of people joined, and we had winner takes it all. No one got the maximum of 8 p, but the winner had 6 p :)

I understand that Calcuttas in the states means that every player in the tournament is on auction, right?
 
Roy Steffensen said:
I have never played in a tournament with a Calcutta. Is this only an American phenomen?

By the way, once we organized a kind of calcutta during the Norwegian Championship. People could pay about 5 $ each, and pick the top 4 players in the tournament. 1 p for each correct name, and 1 p for correct position. That means 8 p is maximum.

A lot of people joined, and we had winner takes it all. No one got the maximum of 8 p, but the winner had 6 p :)

I understand that Calcuttas in the states means that every player in the tournament is on auction, right?

Yes Roy, every player in the tournament is on auction.

The player does not have to purchase their self but can. If someone else purchases them in the auction, the player is allowed to buy half of themselves.

JoeyA
 
Tom In Cincy said:
I never did understand why only the top 4 players (or less) were paid in the Calcutta.

Would a more liberal payout (top 25% of the field) generate more interest in the tournament? I doubt it. The normal (and I use that term loosely in this group) player (part of the 75& of the field that doesn't get paid) could care less about the calcutta, except it keeps the tournament from starting way after the signups have stopped. Usually the draw is done and the players are ready to play 15 minutes after the signups close.

I don't think it would make that much difference if you paid 25% of the field with the money wagered in a calcutta.
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Tom, have you ever heard of ANY tournament where the Calcutta paid 25% of the field?

I haven't and was just wondering if the players would like it. I know the top players wouldn't like it and the big gamblers who monopolize the Calcutta wouldn't but what about the rest of the tournament players. I know a couple of average players (who don't go very high in the Calcutta) who say they like the odds they get on themselves and only want the small places paid but they are in the minority. I guess it just depends upon how good of odds you are getting and how much you go for in the Calcutta. If you play infrequently and fly below radar, it could be a profitable thing for an underdog.

The small number of places paid (and the money not being spread around) encourage "business" being done IMHO.
JoeyA
 
JoeyA said:
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Tom, have you ever heard of ANY tournament where the Calcutta paid 25% of the field?

I haven't and was just wondering if the players would like it. I know the top players wouldn't like it and the big gamblers who monopolize the Calcutta wouldn't but what about the rest of the tournament players. I know a couple of average players (who don't go very high in the Calcutta) who say they like the odds they get on themselves and only want the small places paid but they are in the minority. I guess it just depends upon how good of odds you are getting and how much you go for in the Calcutta. If you play infrequently and fly below radar, it could be a profitable thing for an underdog.

The small number of places paid (and the money not being spread around) encourage "business" being done IMHO.
JoeyA
It seems to me that the big gamblers are the whole point of a calcutta. It's an option to gamble more than the entry fee of the tournament and specifically so that gamblers who don't expect to win the tournament money, or even enter, can make a bet and take a shot at winning some money. I imagine that the more money someone puts in a calcutta, the more likely that person is to want a large payout to just a few buyers. It makes sense to me to give them what they want.
 
I disagree with you on the Calcutta stance for several reasons (but these are just opinions):

1. The calcutta is completely optional...if you don't like your chances, then dont buy yourself or half of yourself.

2. The best players who go for high dollar should have the ability to reap a large percent of the profit.

3. If you spread out the money a bunch, then the total dollar amount will go down because the high dollar players will not go for very much cash...therefore it ruins the idea of a calcutta. You know...GAMBLING!!!!!!!

4. Where else can a weak player throw $5 at winning several hundred. If you spread it out a bunch the weak player is throwing $5 at not much. If you think about it...why the hell would a weak player even buy themselves.

5. Did I happen to mention that ITS GAMBLING!!!!!!!!!!

6. If you dont agree with posts 2-5, please refer to post 1.


But seriously, in my opinion, if you spread out the calcutta money then just forget even doing one.
 
one is not correct

bomber said:
I disagree with you on the Calcutta stance for several reasons (but these are just opinions):

1. The calcutta is completely optional...if you don't like your chances, then dont buy yourself or half of yourself.

Often in this neck of the woods if nobody else bids on you in the calcutta the player has to pay the minimum bid making it not really an option.

I understand where Joey is trying to get but after looking at purses for over thirty years I don't think that there is a real solution. Here are some thoughts trying to please everyone but I'm sure it still wouldn't.

First, the main purse. Pay first place the same as is typical now but fall off much faster to be able to pay Joey's one-fourth of the field. Second on down gets dinged hard.

Leave the Calcutta alone, paying only a few places. It is as much for the railbirds as the competitors.

Add a cash option. This is truly an option and is a set amount. This money is collected when the entry fee is paid so it doesn't slow things down, is only for the competitors, and only pays a few places much like the calcutta but it could cushion the hard drop off in the purse for the second through third or fourth place players if they chose to buy in.

Past history indicates that nobody cares what second place pays anyway when deciding to enter a competition. Everybody is either there to win or there for other reasons and will be happy if they break even. Offer $20,000 to win and the entry fee back for second and you would have dozens of people there to play. In another sport 350 teams showed up at a big event knowing that second place would finish in the red.

Hu
 
JoeyA said:
One of my old needlers, stuck me with a pin recently, complaining about my stance on Calcuttas and prompted this thread on an old position that I still hold strongly. :p :D :mad: :D

First off, I believe in paying VERY DEEP in all tournaments (basically 25% of the field shoud get paid even if it is only their entry fee back.

Joey I agree with you. Tournaments and Calcuttas should pay deeper in the field.
 
bomber said:
I disagree with you on the Calcutta stance for several reasons (but these are just opinions):

1. The calcutta is completely optional...if you don't like your chances, then dont buy yourself or half of yourself.

2. The best players who go for high dollar should have the ability to reap a large percent of the profit.

3. If you spread out the money a bunch, then the total dollar amount will go down because the high dollar players will not go for very much cash...therefore it ruins the idea of a calcutta. You know...GAMBLING!!!!!!!

4. Where else can a weak player throw $5 at winning several hundred. If you spread it out a bunch the weak player is throwing $5 at not much. If you think about it...why the hell would a weak player even buy themselves.

5. Did I happen to mention that ITS GAMBLING!!!!!!!!!!

6. If you dont agree with posts 2-5, please refer to post 1.


But seriously, in my opinion, if you spread out the calcutta money then just forget even doing one.

Bomber, most bigger tournaments I've seen the blind picks don't even buy half of theirselves. I agree with Joey here, more places paid would get more money in the calcuttas. Say you have some players who don't regularly get into the top 4, but finish in the top 8 sometimes... why not throw some extra money at them if you have a good chance of getting at least your money back and a chance they will get higher?
 
I think that you could get a pretty good answer to this problem by running the Calcutta both ways at the same place spaced a week apart. There are many small tournaments around and the amount of money under each system would provide an answer.

Of course two or three repitions of each system would provide a better answer but its not going to be published so one comparison would provide lots of info and I would think that some bar owners or room owners would be interested in the results especially if it increased the number of people attending and or the number of drinks consumed
 
I agree that a tournament should pay the top 25% of a field. I dont not agree that a calcutta should pay the same. I think that a calcutta should pay about 1/2 as deep as the reg. tournament. This retains the bigger gamble/payoff thrill that calcutta participants are looking for. In my neck of the woods, if no one including tha players bids on himself, then they are either sold with the lsat player remaing in the pool, or just left out. If they get to a paying spot(calcutta wise) the calcutta skips them and pays the next person down.
 
JoeW said:
I think that you could get a pretty good answer to this problem by running the Calcutta both ways at the same place spaced a week apart. There are many small tournaments around and the amount of money under each system would provide an answer.

Of course two or three repitions of each system would provide a better answer but its not going to be published so one comparison would provide lots of info and I would think that some bar owners or room owners would be interested in the results especially if it increased the number of people attending and or the number of drinks consumed

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Another scenario that I was thinking about is to offer the participants TWO Calcuttas, one which paid the top 4 places and another which paid 25% of the field. With money often being tight for some individuals, one of the Calcuttas would suffer over the other, I'm just not sure which one and even then I'm not sure if that would determine which Calcutta would be best liked.

My whole reasoning is that if more people are satisifed money wise, more people will be inclined to participate in the future.

Right now most of the players know that their Calcutta money is going to go to the top 4 players and they aren't one of them.

I might pass that idea around to the different tournament participators for feedback.

I like seeing the responses in this thread regardless of whether they agree with me or not but I hope that the negative responses would be more insightful than insinuating that the Calcutta belongs to the "gamblers". I'm not meaning this as a knock,

I just think the Calcutta belongs to the players and they are the ones who should control how the Calcutta is paid out regardless of the amount of money that is put into it.

It is interesting to hear different opinions and I'm hoping that the responders play in tournaments.
THANKS EVERYONE!

JoeyA
 
From what I have seen at the smaller tournaments the Calcutta is a way for spectators to put their money where their mouth is. It adds to the enjoyment of the tournament. Spreading out the pay back invloves more people and that is good.

Wouldn't a variation on race track betting pay more people with only three places paid? Those who took a flyer could win big.
 
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