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GB9 Calcutta auction |
LeedsHighlander
Home away from home Joined: 03-Dec-2011 Posts: 263
From: Reading
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Posted: 2012-09-03 14:08
With the directors permission of course, I wanted to see what the interest would be on running a Calcutta auction bet for GB9. Spice it up abit and it's good clean fun! Plus I need to get my head around it as its pretty big in the states. Nearly every tournament I've read about has these types of action going on.
Rules of Calcutta
Tournament lists all players competing in the tournament. Bidding starts on each player in the tournament by other players and spectators. The highest bidder wins the player and pays their bid to the Calcutta. The players bid on also have the opportunity to purchase half of their own Calcutta by paying the winning bidder half of the bid. When all bidding completes, the tournament begins.
Winning the Calcutta
The billiards competitors play the tournament. When the tournament ends, whoever won the bid on the tournament champion wins a percentage of the betting pool. If the player bought half his rights prior to the start of the tournament, the prize winnings split between the player and the bidder.
----------------- You're Welcome
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The_Lunn
Home away from home Joined: 17-May-2011 Posts: 838
From: Leeds
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Posted: 2012-09-03 14:28
Awesome idea Del boy!!
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The_Lunn
Home away from home Joined: 17-May-2011 Posts: 838
From: Leeds
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Posted: 2012-09-03 14:29
May also give more of an incentive for players to stay and watch the later games on the sunday?
Do a seperate calcutta for each tournament, or main only?
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LeedsHighlander
Home away from home Joined: 03-Dec-2011 Posts: 263
From: Reading
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Posted: 2012-09-03 15:11
Could do a challenge and main? Have to agree it would give a bit more buzz and like you say push for more support than they would normally receive [ This message was edited by: LeedsHighlander on 2012-09-03 15:14 ]
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The_Lunn
Home away from home Joined: 17-May-2011 Posts: 838
From: Leeds
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Posted: 2012-09-03 15:13
And a pro? Why not!! Haha
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LeedsHighlander
Home away from home Joined: 03-Dec-2011 Posts: 263
From: Reading
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Posted: 2012-09-03 15:15
Just need permission from andy or lee to run it then we can start the bidding online here if they can provide a list of all runners who've entered.
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The_Lunn
Home away from home Joined: 17-May-2011 Posts: 838
From: Leeds
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Posted: 2012-09-03 15:25
Yep good call. Lee or Andy wont post officially on here, your best off speaking with them via email and sorting it that way mate
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LeedsHighlander
Home away from home Joined: 03-Dec-2011 Posts: 263
From: Reading
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Posted: 2012-09-04 10:55
We're good to go mate but some good points raised from riggers. We need to use ranking list and then if a player doesn't turn up and someone had bid on them we can do a straight refund. I'll do a list a bit later and will need some help regarding player percentages from you. what you reckon tournamemt winner takes all or base it on wins? Ie 6 rounds wins =%?
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The_Lunn
Home away from home Joined: 17-May-2011 Posts: 838
From: Leeds
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Posted: 2012-09-04 11:14
You want to do it on here before? I was thinking more get a mic and do an auction at about 4 on the Friday? All depends how long its gonna take really! I reckon do winning players bidder takes X% of pot, runner up X%, semis X% percent. Maybe even quarters but it depends how high the bidding goes! [ This message was edited by: The_Lunn on 2012-09-04 11:17 ]
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LeedsHighlander
Home away from home Joined: 03-Dec-2011 Posts: 263
From: Reading
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Posted: 2012-09-04 18:07
Was thinking of listing here pal but if anyone else wants to join in I'm willing to here ideas on a 4pm live auction! will need to post rules clearly on here before kicking it off tho. Like the sound Of the % pot wins gets more winners tht way.
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Harty
Home away from home Joined: 30-May-2012 Posts: 186
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Posted: 2012-09-04 19:40
I'll bid £0.05 on liam waterworth to win a match! I'll bid £1.50 on chris hall in em both (mates bet deffo dont fancy him) Also i will bid £100 on Banham to win challenge and main as is shoulders are now massive from carry chris last few mmtvs (cant lose)
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LeedsHighlander
Home away from home Joined: 03-Dec-2011 Posts: 263
From: Reading
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Posted: 2012-09-06 16:01
Haha the bidding has started ppl do I hear 10p for bean?!
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