Chris Niendorf › Last Chance For Points (Low Entry Fee) December 17 at 11:59pm
Mike, can you please explain to all Open Players your payout math, example you have 12 MPO Players with entry fee of $45 X 12 = $540 collected, you state there is 108% of entry fee payout, again you collected $540 but the projected payout is $480? if you are keeping/pocketing $5 per player then that isn't a 108% payout or in my math wrong? Thank you
I'm sure Mike will answer, but who paid for the daily fee? When Doug does tournaments we all do it ourselves. What is the fee for PDGA per person for the sanctioning fees?
We paid $3 per person to Kensington to run the event there (if a player pays $$ to be in an event they should not have to pay extra $$ to the course to play for we feel that should be included in your entry fee) / We paid $2 per person to the PDGA per PDGA fees / We sponsored all the insurance and s ... more
We paid $3 per person to Kensington to run the event there (if a player pays $$ to be in an event they should not have to pay extra $$ to the course to play for we feel that should be included in your entry fee) / We paid $2 per person to the PDGA per PDGA fees / We sponsored all the insurance and sanction fees of $100 / We sponsored the towel and hand warmer to every player received it including Pro players / We sponsored the $180+ in prizes handed out in our Christmas Gift Giveaway / We charged no TD fees even though the PDGA recommends that we should // all the math is posted at every event and posted online / the 108% that is listed is not our % it is the PDGA % based on what we provided the players which included a very small modest player pack that no one was charged for. This is the math we listed pre and post event and all cost are very transparent and listed. We always pay more than 100% to all divisions. Unfortunately gated courses do not allow us to run events at their venues for free and the PDGA charges $$ for pre event and post event cost in which we sponsored all the pre-event cost. Thanks
for the Pro Players the math above is identical but they had $40 toward payouts not $30 for their entry fee was $45 not $35 / but with the free sponsored player pack the PDGA has payouts at 108% for $480 ($40 x 12) + $36 for the donated player pack ($3 per person) ($36 is 8% of $480 so 108% payouts ... more
for the Pro Players the math above is identical but they had $40 toward payouts not $30 for their entry fee was $45 not $35 / but with the free sponsored player pack the PDGA has payouts at 108% for $480 ($40 x 12) + $36 for the donated player pack ($3 per person) ($36 is 8% of $480 so 108% payouts is what the PDGA has for payouts / and on top of that we sponsored another $180 to the field for our Christmas drawing that is not even included in the math / thanks
Nice job Mike. You always do more than is required. I for one really appreciate you running these events and getting good payouts. Please know you are appreciated for all the time money and wisdom you put in each event. Thank you very much.