Suggestion for BJam NHL Contestants

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Honey Badger Don't Give A Shit
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VIC was first to raise notion of some "side action" on this or that component of our ongoing season-long NHL contest moderated by SS and J0H

I've got an idea I'd like to lob up in that vein and welcome feedback. I'll be heading out of office after I post this but should be back this evening.

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I propose a secondary Contest - "MondayMadness"

WHO - Limited to the 10 men currently competing in season-long NHL Betjam Contest

WHEN - The secondary contest is limited to MONDAYS ONLY (I am happy to grade with other contestants oversight welcome) beginning with Monday Dec 1

This would include 18 Mondays since Jan 26 is a leaguewide OffDay for AllStar Break



HOW IT WORKS

The core rules are exactly same as Betjam Contest with regard to posting deadlines, posting formats, use of Greek for prices etc

Must make a minimum of 25 selections with a maximum of 72 (18x4)

Must make at least five selections in the final three Mondays

None of the current BJam contestants need jump in immediately on Dec 1, but you must have made at least one selection as a declaration of participation by Monday Dec 15 (third week).

PRIZES

Winner Take All

Other contestants in the (henceforth to be glossed) MondayMadness will quite simply be trusted to pay their losing amount to the MM winner within a reasonable time....say end of April?

Monies can be sent through the mail or transferred from and to respective individual Betjam accounts.

How much is the prize?

Also simple.

Each selection you post costs you $1

This means the end prize pot will be no more than $720 (if all ten of us made 72 selections). But it also hopefully means the end prize pot is at least $300-350, thus matching a contestant's overall investment in both the BigContest and the MondayMadness contest

And as you can see, the maximum risk for any one of us would be $72 for the MM contest.

Finally, given the much smaller exposure in $$, no one need deal with actually paying until the MM contest winner is confirmed.

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Bottom line is this idea is intended to provide a friendly and reasonably low investment side contest wherein all of us can "start fresh", albeit towards a smaller prize.

Feedback welcome....I considered suggesting $2 per MM selection and am not opposed to that.

This poses not much more exposure since each of us can continue to individually determine how much he wants to put in the pot while knowing your maximum exposure (in this case) would be $144 while at the same time creating presumably a significantly larger MM prize pot. (Potentially $1440)

IF YOU FELLAS were to collectively agree to a $2 per MM selection, I'd close by suggesting that such an agreement would also include modifiying my above Proposal to include TWO WINNERS at a 65/35 ratio.

Cheers and of course BOL to us all for a successful Sunday.

Steve
 

I don't know enough to know I don't know
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Although I'm not crazy about the honor system for the payout, I'm always open to having some additional action on our off day. Count me in regardless of the cost per pick.
 

I don't know enough to know I don't know
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Bump

<iframe width="480" height="289" frameborder="0" src="http://www.nhl.tv/team/embed.jsp?catid=618&id=26942"></iframe>
 

Honey Badger Don't Give A Shit
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Well, then let's give it a go.

True, "honor system" opens the chance for someone to participate and then welch, they do so at risk of losing their social reputation within our friendly fraternity and at a rather ridiculous low cost.

Since I'm not seeing a huge response yet, I'll declare it $1.50 per selection**....begin a Thread now for Monday Dec 1 and then come back in later tonight for a more formal shape-up of rules and format (I'm jammed for time at the moment and have to go out for lawn/garden work)

As you recall from Post #1 above, I noted that any of the current BJam ten contestants could elect to join anytime betwen today and Monday Dec 15.

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*The change of mind to $1.50 is to provide a middle ground between a low $72 max per MM contestant and the bit more lofty $144.

In event we end up with only four or five of us playing, then we'll still have an end prize pot of over $300 which was my main focus when this idea first hit.
 

Honey Badger Don't Give A Shit
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BUMP with a friendly nudge to other BJam NHL contestants. See the "MondayMadness Dec 1" thread

Back after about 11pm to flesh that out.
 

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