After talking with you about your pool we decided to do a $1/square pool with the payouts every time they scored. We set our payouts to be 3% instead of 2.5% for simplicity. I liked this pool better than the traditional quarterly payout ones.
At lunch today we were trying to make it better ... I think that by combining the score payouts with a quarterly payout system that it would be better. I also think that making the score payouts dependant on how much the score changed would be better. In other words, instead of paying out a flat percentage when the score changes, you should get 1% per point that the score changed. So you would get 6% for a touchdown, 1% for the 1 point conversion, 3% for a field goal, etc ...
This sounds like an interesting variation. It seems that to pay out 1% per point of score change, the total amount paid out could reach a maximal amount more often. If the final winner would win a minimum of 20% of the pot, then the sum of the scores would have to be less than 80 for everyone's winnings not to be prorated. Since Superbowl scores (pops) have never added up to 80 or more, this would probably work quite nicely.
And I, too, liked this different type of pool better than quarterly payouts.
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At lunch today we were trying to make it better ... I think that by combining the score payouts with a quarterly payout system that it would be better. I also think that making the score payouts dependant on how much the score changed would be better. In other words, instead of paying out a flat percentage when the score changes, you should get 1% per point that the score changed. So you would get 6% for a touchdown, 1% for the 1 point conversion, 3% for a field goal, etc ...
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And I, too, liked this different type of pool better than quarterly payouts.
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