MetaComp

Recent site activity

The Prize Structure

 
 
Let's say we have 10 entries: some are early, some late, it averages out to $10 per entry for $100. And let's say that nobody else donates to the prize pool. So we have:

$100 (original pool)

$100 (10 entries x $10 ea.)

$200 prize pool

We award prizes to those entries that came in first, second, and third, and to two honorable mentions:

1st: half the pool. $100

2nd: half the remaining pool. $50

3rd: half the remaining pool. $25

2 H.M.s: each an equal portion of what remains. $12.50

I'd like to get the honorable mention prize up to a more respectable sum, so I'll welcome donations. -- Not yet, but please think it over.

$12.50 isn't *bad*. And it's hard to predict right now what $12.50 will get you in late July of '09 -- at this rate, it might buy you a half a tank of gas or a small house. But I'm hoping we can get a better prize pool than this.

--This is going to be a cash-prize-only system, because it's too difficult to integrate a highest-scorers-pick-first with this system. But, if you were thinking of donating an item, you can still help -- just donate the postage you'd have spent on sending that item. Small donations work together to make a huge influence!

 

 
 
I hope people aren't discouraged by the
entry fee ...
 
--David Fisher