Quote: JohnzimboI also want to say thanks for hosting this, it was fun until I went all in on the Cowboys. Also, I received an email from Leaguesafe announcing the payouts and it included the winners actual names. Not sure if that could be an issue for anyone, but I would have assumed there would have been some form of anonymity.
Thanks fof the feedback. That certainly is an issue. I kind of assumed they would send an email to the winners, but didn't anticipate it would go to all. I think this may not allow us to use it again unless I can find a way to create the anonymity most people on this site desire. So, back to the same old challenge with these type of contests, we want to collect the money up front, but need a mechanism to do so.
Quote: wudgedI requested a paper check for a $2 fee. Feels stingy having to pay a fee for payment and withdrawal. I could have requested it as an Amazon gift card for no fee. I guess it doesn't expire and I would use it eventually, but I'd rather just have the cash.
Next year I would vote to trust somebody (MidwestAP, Mission) with holding the money instead.
Ditto here - I was disappointed in the 'hidden' fee at the end.
Quote: wudgedI requested a paper check for a $2 fee. Feels stingy having to pay a fee for payment and withdrawal. I could have requested it as an Amazon gift card for no fee. I guess it doesn't expire and I would use it eventually, but I'd rather just have the cash.
Next year I would vote to trust somebody (MidwestAP, Mission) with holding the money instead.
Despite the fees and lack of anonymity, I would vote for using the service again (assuming the winners got their payouts). Apparently, you can leave your winnings in, and apply them to other contests for free, so I imagine it would be convenient for other contests on the board too.
I would also support a rising per bet cap (rather than a fixed win cap) for next year's contest. There were some lines that I really felt good about, but could not maximize. Of course, the win cap also kept me from losing big on some contests, but I think the other way is more, 'real world'.
I could see playing it the other way, but I enjoyed this format.
Quote: MidwestAPI also want to acknowledge all the kind words about administering the contest this year. I'm glad those who participated enjoyed it and I may do it again next year if there is interest.
I want to open up the discussion about any rule changes for next year. Anything that you suggest will be taken under consideration, but not guaranteed. Some areas of discussion include:
Betting limits - Capped win, capped bet, no cap, increasing cap as the season progresses??
Weekly limits - Keep it as is (the previous week bankroll determines the total amount you can put at risk the following week) OR allow any Thursday winnings to be used for Sunday and Monday games.
If we go again next year, I want to add some default options in these situations
1) If anyone submits the team and the amount without any reference to ATS or ML, default to ATS. For example, Baltimore $550 means BAL (insert point spread) for $550.
2) If anyone overbets the bankroll for a week, the wagers will be reduced for the week in the reverse order they were submitted
These were really the only two issues I ran into this year that weren't explicitly covered by the rules.
Hey Midwest, are you going to do this again this year? Looking forward to it!!