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Thursday, July 16,2009

Shooter Payoff Detail

By Thunder EquiGames

 

ESTIMATED Payoff for World Series Mounted Shoot Out

We are very excited to present this event for you. Starting entry fees of $875/per, minus commission plus $20,000 added brought the total payoff for this event, at this point, to $84,313. Shooters are receiving a 91% cash payback on their entry investment, not counting the prizes. With prizes the payoff exceeds 100%.

At this point there will be 44 checks paid with 105 entrants. This means that 41% of the contestants will receive a check. These are great odds in any competition. Following is an example of how the event will be paid. We have listed the maximum at 20 Shooters and an example of 14, one of the smallest.

Added Money $20,000 Distribution

$1,000 Arena Preliminary Record
$3,000 $500 in 6 senior payments
$1,000 Team Bonus (1st $1,000) to be split
$15,000 Added Money per division ( $2,500 each)

Example of payoff – 20 shooters - $12,250
$12,250 $2,500 = $14,750 Shooter Pot
Payoff 40% to Fast times, 60% to Shoot Out

Fast Times Overall (40,30,20,10) Wahl Shoot Out Champions (60,40)
$14,750 X 40% = $5,900 $14,750 X 60% = $8,850
1st $2,360 1st $5,310
2nd $1,770 2nd $3,540
3rd $1,180
4th $590

Example of payoff – 14 shooters - $8,575
$8,575 $2,500 = $11,075 Shooter Pot
Payoff 40% to Fast times, 60% to Eliminator

Fast Times Overall (50,30,20) Wahl Shoot Out Champions (60,40)
$11,075 X 40% = $4,430 $11,075 X 60% = $6,645
1st $2,215 1st $3,987
2nd $1,329 2nd$2,658
3rd $886

<!--[if !supportLists]-->      Overall Fast times in Preliminary only. Shoot Out Champions are not eligible for fast times in preliminaries, but are eligible for arena record bonus.

<!--[if !supportLists]--> <!--[endif]-->      For further information concerning calculations, please contact Denny at the main office 505-898-1755.

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