I would like to ask everyone on here for ideas on generating prize money for local tournaments. It is very difficult next to impossible to get businesses to add cash for pool tournaments.
I have seen event posters using $10,000 in prize money $5000 for 1st guaranteed. The problem is when you continue reading it always has based on a full field of 128 players. The full field never shows maybe half so the 1st place guy walks home with 5 biggies and third doesn’t get enough to cover his trip.
They only thing I could come up with to have $$ that is truly guaranteed other than finding someone to sponsor the cash and relying on entry fees is the following.
Selecting 2-3 pool rooms in 5-7 cities and see if they would pony up $1000 each. Each room would be allowed to hold qualifiers for 10 weeks qualifying 2 people per week totaling 20 spots per venue. The room can charge an entry or allow people to play for FREE. The cities selected go into a lottery and the winning city will host the event. The number of players will be divided into groups among the rooms in the winning city with another lottery to select the final day room.
The main tournament would have no entry fee and no option for a direct entry. You must enter through one of the hosting rooms. This would insure people would play the qualifiers since it is the only way to get in. No entry fee would allow people to have money to travel and get a room during the main event so possibly people that wouldn’t normally travel would.
I was also thinking about getting businesses to donate prizes…DVD, CD, MP3 players, Tvs, CD’s jackets, shirts…anything really and selling them on eBay to help get more prize money. (for the people out there that owns a company with promotional items…how would you feel if the item was sold on eBay for extra prize money).
That is about it really for my brain storming...looking foreword to hear success stories or horrors that would help create a great event.
I have seen event posters using $10,000 in prize money $5000 for 1st guaranteed. The problem is when you continue reading it always has based on a full field of 128 players. The full field never shows maybe half so the 1st place guy walks home with 5 biggies and third doesn’t get enough to cover his trip.
They only thing I could come up with to have $$ that is truly guaranteed other than finding someone to sponsor the cash and relying on entry fees is the following.
Selecting 2-3 pool rooms in 5-7 cities and see if they would pony up $1000 each. Each room would be allowed to hold qualifiers for 10 weeks qualifying 2 people per week totaling 20 spots per venue. The room can charge an entry or allow people to play for FREE. The cities selected go into a lottery and the winning city will host the event. The number of players will be divided into groups among the rooms in the winning city with another lottery to select the final day room.
The main tournament would have no entry fee and no option for a direct entry. You must enter through one of the hosting rooms. This would insure people would play the qualifiers since it is the only way to get in. No entry fee would allow people to have money to travel and get a room during the main event so possibly people that wouldn’t normally travel would.
I was also thinking about getting businesses to donate prizes…DVD, CD, MP3 players, Tvs, CD’s jackets, shirts…anything really and selling them on eBay to help get more prize money. (for the people out there that owns a company with promotional items…how would you feel if the item was sold on eBay for extra prize money).
That is about it really for my brain storming...looking foreword to hear success stories or horrors that would help create a great event.