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-   -   Interest in Smaller Stakes Calcutta? (http://archives2.twoplustwo.com/showthread.php?t=277664)

GrekeHaus 06-21-2005 05:40 PM

Interest in Smaller Stakes Calcutta?
 
Once again I posted this in the bottom of an existing thread when really deserves its own thread.

Once again Skipper Bob pointed this out to me and was right.

-------------------------------------------------------------------------------------

I think I'm all caught up with giving accounts to people who have asked. If you've asked me and have not yet recieved an account (or if you haven't asked but want one) send me a PM. The Prize Pool is already up to $3,100! [img]/images/graemlins/smile.gif[/img]

Also, I was thinking of adding a second live action calcutta for smaller stakes. This one would be more oriented towards those of us still stuck in the 11s and 22s who don't have monster bankrolls. It would also give a better chance of winning a player to those people who won't be in attendence. Or course, I still strongly encourage anybody to bid, so if Raptor wants to bid $1,000 on himself, that's cool with me.

My idea would be this. I would initially buy all the players for $20 (yes, even Yugo). Subsequent bids will be in increments of $10, so hopefully people will go crazy trying to outbid each other and we would still likely get a prize pool of $1,000+. Also, instead of doing a winner takes all, I was thinking of doing a 70/30 split for the top two places.

I would probably close the bidding about 2 weeks or so prior to the event in order for me to make sure everyone paid up. I'd give the winners a few days to pay up, and as is the case with the other tourney, if someone doesn't pay up in time, the bid will go to the second highest bidder. Also, anyone who doesn't pay up will be publicly mocked and humiliated on the forum. [img]/images/graemlins/mad.gif[/img]

Let me know if there is interest in this.

--GH

BDarch 06-21-2005 05:42 PM

Re: Interest in Smaller Stakes Calcutta?
 
I'd be interested

zipppy 06-21-2005 05:58 PM

Re: Interest in Smaller Stakes Calcutta?
 
I, too, am interested.

ilya 06-21-2005 06:11 PM

Re: Interest in Smaller Stakes Calcutta?
 
Interested, be I would.

ForumBot 06-21-2005 06:30 PM

Re: Interest in Smaller Stakes Calcutta?
 
I wish to make a bid on Mr. Yugo and StupidSkipperDorkface
I can pay in slugs
If I win, I am going to buy an Oilcan & some WD-40
[img]/images/graemlins/confused.gif[/img] [img]/images/graemlins/confused.gif[/img] [img]/images/graemlins/confused.gif[/img]

GrekeHaus 06-21-2005 07:05 PM

Re: Interest in Smaller Stakes Calcutta?
 
[ QUOTE ]
I wish to make a bid on Mr. Yugo and StupidSkipperDorkface
I can pay in slugs
If I win, I am going to buy an Oilcan & some WD-40
[img]/images/graemlins/confused.gif[/img] [img]/images/graemlins/confused.gif[/img] [img]/images/graemlins/confused.gif[/img]

[/ QUOTE ]

I wasn't planning on taking bets from robots, but if you're willing to take Yugo off my hands... [img]/images/graemlins/grin.gif[/img]

Bigwig 06-21-2005 07:19 PM

Re: Interest in Smaller Stakes Calcutta?
 
I got $6 burning a hole in my pocket.

Wait, I'm not interested.

SlackerMcFly 06-21-2005 07:56 PM

Re: Interest in Smaller Stakes Calcutta?
 
Love the idea! However, how about paying through 3rd place?? Spreads the cash around a little more and makes the semi-finals interesting..... Not to mention the additional side-action you could pick up.

Just a thought.

Count me in either way. I'll take SkibberPop for $30, Alex.

A: "What is Dead Money?"

You are correct for the Daily Double!!!

SlackerSoSlack

Apathy 06-21-2005 08:16 PM

Re: Interest in Smaller Stakes Calcutta?
 
[ QUOTE ]
Love the idea! However, how about paying through 3rd place?? Spreads the cash around a little more and makes the semi-finals interesting..... Not to mention the additional side-action you could pick up.

Just a thought.

Count me in either way. I'll take SkibberPop for $30, Alex.

A: "What is Dead Money?"

You are correct for the Daily Double!!!

SlackerSoSlack

[/ QUOTE ]

I don't believe the skipper is playing anymore [img]/images/graemlins/frown.gif[/img]

GrekeHaus 06-21-2005 08:32 PM

Re: Interest in Smaller Stakes Calcutta?
 
[ QUOTE ]
Love the idea! However, how about paying through 3rd place?? Spreads the cash around a little more and makes the semi-finals interesting..... Not to mention the additional side-action you could pick up.

[/ QUOTE ]

The problem with this idea is that then the two people who lost in the semis would have to play a match for no money. [img]/images/graemlins/blush.gif[/img]

iMsoLucky0 06-21-2005 08:55 PM

Re: Interest in Smaller Stakes Calcutta?
 
[ QUOTE ]
[ QUOTE ]
Love the idea! However, how about paying through 3rd place?? Spreads the cash around a little more and makes the semi-finals interesting..... Not to mention the additional side-action you could pick up.

[/ QUOTE ]

The problem with this idea is that then the two people who lost in the semis would have to play a match for no money. [img]/images/graemlins/blush.gif[/img]

[/ QUOTE ]

It doesn't have to be for no money [img]/images/graemlins/wink.gif[/img]

wuwei 06-21-2005 08:59 PM

Re: Interest in Smaller Stakes Calcutta?
 
[ QUOTE ]
I don't believe the skipper is playing anymore [img]/images/graemlins/frown.gif[/img]

[/ QUOTE ]

What happened to the SFB!?!?

GrekeHaus 06-21-2005 09:43 PM

Re: Interest in Smaller Stakes Calcutta?
 
SFB sold his seat. no worries...he'll still be there. [img]/images/graemlins/smile.gif[/img]

wuwei 06-21-2005 10:05 PM

Re: Interest in Smaller Stakes Calcutta?
 
[ QUOTE ]
SFB sold his seat. no worries...he'll still be there. [img]/images/graemlins/smile.gif[/img]

[/ QUOTE ]

Interesting... was the profit so nice that he couldn't refuse selling? Or was the fear of going cheaper than Yugo in the calcutta more than he could bear? Was he worried about the matches inevitably going past 6:00 p.m. and having to forfeit?

skipperbob 06-21-2005 10:10 PM

Re: Interest in Smaller Stakes Calcutta?
 
[ QUOTE ]
Interesting... was the profit so nice that he couldn't refuse selling? Or was the fear of going cheaper than Yugo in the calcutta more than he could bear? Was he worried about the matches inevitably going past 6:00 p.m. and having to forfeit?

[/ QUOTE ]

NO - YES - YES

ilya 06-21-2005 11:06 PM

A suggestion: some rules for the smaller calcutta.
 
I like the idea of a smaller stakes calcutta. But I think it's only worth doing if there's a way to make sure that the stakes stay small.

I propose

1. a fixed (or perhaps spread-limit) increment,

2. a cap on the number of bids that any one person may make.

This would leave room for bidding strategy while keeping the calcutta affordable for lower-stakes players.

Thoughts?

SlackerMcFly 06-21-2005 11:07 PM

Re: Interest in Smaller Stakes Calcutta?
 
Um... Have you ever run a Double Elimination 16 team/player tournament???

Loser of the undefeated Semi plays the winner of the loser's Final. Loser of that match finishes 3rd, winner goes on to the finals against Mr. Undefeated and has to beat him twice to capture the Golden Chip of Positive Valueness.

All others go back home to continue their careers as pizza delivery people.

I could draw you a picture, but..... Brackets are easy, the complaining about the seeding is what will drive you insane.

Sixes could help out in this regard, he runs a tournament each year with over 100 entrants in 15 locations with no problems.

And WTF is this about SkooperPoop being out of the tourney?? Now who do I purchase for cheap?

SlackerOhSlacker

GrekeHaus 06-22-2005 02:06 AM

Re: A suggestion: some rules for the smaller calcutta.
 
[ QUOTE ]
I like the idea of a smaller stakes calcutta. But I think it's only worth doing if there's a way to make sure that the stakes stay small.

I propose

1. a fixed (or perhaps spread-limit) increment,

2. a cap on the number of bids that any one person may make.

This would leave room for bidding strategy while keeping the calcutta affordable for lower-stakes players.

Thoughts?

[/ QUOTE ]

I think that even with a lower limit calcutta, it's inevitable that the best players will still go for a fair ammount. I wouldn't want to put restrictions on how many bids somebody could make, because then they could get screwed out of not getting a player they really wanted if they ran out of bids.

The spread limit idea is interesting, but so far in the other calcutta, people have just outbid each other by the minimum anyway. I could impose a $50 restriction or something, but it would probably not make much of a difference.

The way I see it, if some of the better players end up going for a lot, it will just create a juicier prize pool, and people will still be able to get very good odds on some of the other players.

I don't envision this being a ridiculously cheap calcutta, but at least this way, you will be able to get someone other than Yugo for less than $300.

If the prices get high, they get high.

GrekeHaus 06-22-2005 02:10 AM

Re: Interest in Smaller Stakes Calcutta?
 
[ QUOTE ]
Um... Have you ever run a Double Elimination 16 team/player tournament???

Loser of the undefeated Semi plays the winner of the loser's Final. Loser of that match finishes 3rd, winner goes on to the finals against Mr. Undefeated and has to beat him twice to capture the Golden Chip of Positive Valueness.

All others go back home to continue their careers as pizza delivery people.

I could draw you a picture, but..... Brackets are easy, the complaining about the seeding is what will drive you insane.

Sixes could help out in this regard, he runs a tournament each year with over 100 entrants in 15 locations with no problems.

And WTF is this about SkooperPoop being out of the tourney?? Now who do I purchase for cheap?

SlackerOhSlacker

[/ QUOTE ]

Sorry Slacker, but I'm not going to ask Irie to change the structure of the tourney to accomodate an additional calcutta. [img]/images/graemlins/tongue.gif[/img]

I'll set things up this weekend. Let me know if there are any other suggestions.

ilya 06-22-2005 02:13 AM

Re: A suggestion: some rules for the smaller calcutta.
 
[ QUOTE ]
[ QUOTE ]
I like the idea of a smaller stakes calcutta. But I think it's only worth doing if there's a way to make sure that the stakes stay small.

I propose

1. a fixed (or perhaps spread-limit) increment,

2. a cap on the number of bids that any one person may make.

This would leave room for bidding strategy while keeping the calcutta affordable for lower-stakes players.

Thoughts?

[/ QUOTE ]

I think that even with a lower limit calcutta, it's inevitable that the best players will still go for a fair ammount. I wouldn't want to put restrictions on how many bids somebody could make, because then they could get screwed out of not getting a player they really wanted if they ran out of bids.

The spread limit idea is interesting, but so far in the other calcutta, people have just outbid each other by the minimum anyway. I could impose a $50 restriction or something, but it would probably not make much of a difference.

The way I see it, if some of the better players end up going for a lot, it will just create a juicier prize pool, and people will still be able to get very good odds on some of the other players.

I don't envision this being a ridiculously cheap calcutta, but at least this way, you will be able to get someone other than Yugo for less than $300.

If the prices get high, they get high.

[/ QUOTE ]

What is the point of doing this unless there is some kind of cap? It'll just become a carbon copy of the original calcutta. The only difference will be that the bidding will take up more time, since the bidding increments & the initial pool will be smaller.
Obviously someone could get screwed by running out of bids. But they would have no one to blame but themselves. Everyone would know ahead of time how many bids they could make, and people would be able to see how many bids each of the other people in the calcutta had already used. And they could plan accordingly.

GrekeHaus 06-22-2005 02:16 AM

Re: A suggestion: some rules for the smaller calcutta.
 
Also, I've revamping the database structure this weekend to accomodate accommodate the second calcutta. I'm going to set it up in such a way that could theoretically support an infinite number of calcuttas. So if we really wanted to and this one got too huge, we could run an additional small one over a very short time frame (maybe just one day). I'm not saying I'll do it, or that we should do it, but it will be possible.

Irieguy 06-22-2005 02:40 AM

Re: A suggestion: some rules for the smaller calcutta.
 
[ QUOTE ]
Also, I've revamping the database structure this weekend to accomodate accommodate the second calcutta. I'm going to set it up in such a way that could theoretically support an infinite number of calcuttas. So if we really wanted to and this one got too huge, we could run an additional small one over a very short time frame (maybe just one day). I'm not saying I'll do it, or that we should do it, but it will be possible.

[/ QUOTE ]

Can we run a Calcutta on the number of Calcuttas we'll have? I'll open with a $100 bid on each number 2-6.

Irieguy

Apathy 06-22-2005 03:13 AM

Re: A suggestion: some rules for the smaller calcutta.
 
[ QUOTE ]
[ QUOTE ]
Also, I've revamping the database structure this weekend to accomodate accommodate the second calcutta. I'm going to set it up in such a way that could theoretically support an infinite number of calcuttas. So if we really wanted to and this one got too huge, we could run an additional small one over a very short time frame (maybe just one day). I'm not saying I'll do it, or that we should do it, but it will be possible.

[/ QUOTE ]

Can we run a Calcutta on the number of Calcuttas we'll have? I'll open with a $100 bid on each number 2-6.

Irieguy

[/ QUOTE ]

Does this calcutta count as a calcutta in the bidding for how many calcuttas will be run?

GrekeHaus 06-22-2005 04:45 AM

Re: A suggestion: some rules for the smaller calcutta.
 
Are you mocking me Irie???

All I ever wanted was to have so many calcuttas that everyone in the forum wins at least one. Is that asking so much!?!

GrekeHaus 06-22-2005 08:53 PM

Re: Interest in Smaller Stakes Calcutta?
 
[ QUOTE ]
[ QUOTE ]
I don't believe the skipper is playing anymore [img]/images/graemlins/frown.gif[/img]

[/ QUOTE ]

What happened to the SFB!?!?

[/ QUOTE ]

Good news!!! Skipper's back in!!! [img]/images/graemlins/grin.gif[/img] [img]/images/graemlins/grin.gif[/img] [img]/images/graemlins/grin.gif[/img]

GrekeHaus 06-22-2005 09:03 PM

Re: A suggestion: some rules for the smaller calcutta.
 
[ QUOTE ]
What is the point of doing this unless there is some kind of cap? It'll just become a carbon copy of the original calcutta. The only difference will be that the bidding will take up more time, since the bidding increments & the initial pool will be smaller.
Obviously someone could get screwed by running out of bids. But they would have no one to blame but themselves. Everyone would know ahead of time how many bids they could make, and people would be able to see how many bids each of the other people in the calcutta had already used. And they could plan accordingly.

[/ QUOTE ]

Also, I think if we put a cap on the number of bids, people will be too afraid to bid early, so we may not end up getting any action until the last day.

I don't see any reason to believe that this will become a carbon copy of the original either, since I don't think the price of the lower players will reach the same price as it does for the lower players in the higher stakes one. It might happen, but I certainly don't see any reason to assume that it will.

GrekeHaus 06-25-2005 09:58 PM

Re: A suggestion: some rules for the smaller calcutta.
 
I was planning on doing working on this over the weekend, but things came up...someday soon...


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