I asked around my league last night and got a bunch of guys saying "sounds interesting" and "ask around", but no one said, "I'm in".
</font><blockquote><font class="small">In reply to:</font><hr />
Let's figure in that i'm going to get cherry-picked a bit in this by people who have a better than average chance of being over average and bump those figures to 15% and 40% and see where I stand.
100 entries=$500 in pot
15 over 3 games x$15 =$225
40 over 2 games x $5 =$200
$225+$200=$425 paid out. $75 profit on $500=15% edge
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I've been around gamblers a long time and if there's one thing I have seen it is that they like to think they have an easy chance to win. They only win if they get all 3 games over average ( which they probably think is too hard to begin with ). If we can modify it to give them profit at 2 OR 3 games, they might bite. [img]/forums/images/icons/grin.gif[/img]
From the math, we know that there will be about 15% with 3 games and 40% with 2 games.
So, $5 entry from 100 guys = $500 in pool.
Pay $10 for 3 over and $7 for 2 over.
15 over 3 games x $10 = 150
40 over 2 games x $7 = 280
$150 + $280 = $430 -> $70 profit on $500 = 14% edge.
Still have a good edge and the game might be more appealing.
You stand to get about 70 cents out of every player.
The more the merrier, obviously. If you only get 10-20 guys a week it might not be worth the hassles/risk.