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Author Topic: Prize funds  (Read 1025 times)

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Prize funds
« on: May 20, 2008, 09:46:16 AM »
I did a search and came up empty.  I thought there was a similar post recently, but I didn't find it.

What are some good formulas for coming up with a prize fund?  I volunteered to help with our summer league.  It's 16 weeks for 12 teams of doubles, $2016 total, so not looking for anything too wild.

I guess one suggestion is go by points(easiest and my favorite - the better you bowl, the more you can win).  Nine points available each night for each team (two per game, three for totals), so 865 points for the league.  $2.33 per point minus any individual awards, which I plan to keep simple for a small league.

Another way is by percentages, again ignoring individual awards for now.  A few small tweaks for the odd amounts can help differentiate for the teams that have the same percentages.

1 = 14% = $282.24
2 = 12% = $241.92
3 = 10% = $201.60
4 = 10% = $201.60
5 = 9% = $181.44
6 = 9% = $181.44
7 = 8% = $161.28
8 = 7% = $141.12
9 = 6% = $120.96
10 = 6% = $120.96
11 = 5% = $100.80
12 = 4% = $80.64

The last place won't get much ($40/person), but would end up the same place if the averaged 2 points a night.  I want to make sure first and second make out decent so everyone doesn't end up with the same money; otherwise what's the point?

Any other suggestions, please?