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-   -   Saratoga Meet Contest (http://www.derbytrail.com/forums/showthread.php?t=23860)

TheSpyder 07-10-2008 02:10 PM

Saratoga Meet Contest
 
I'm thinking of doing a contest for the entire meet to see who can navigate through the six week Saratoga meet with the best results.

My idea is to allow 6 picks per week which will average one per day or 36 picks over the meet. Picks will be straight $10 win bets and you can play as many per day or when you want as long as you make 36 bets or less.

The contest will be based soley on ROI. I figure we'll not cap long shots as even if you hit one or two, 36 days should equal things out.

Before we start, any suggestions? I'll come up with a prize(s) and final rules over the next week.

Are you in? Let me know cause if it's just a few people the headache of paperwork really isn't worth it.

Spyder

Scav 07-10-2008 03:58 PM

ROI percentage or Total ROI?

hoovesupsideyourhead 07-10-2008 04:18 PM

5k cash prize...break off a little scavs..

hockey2315 07-10-2008 04:22 PM

I'll be there every day so I'll play.

TheSpyder 07-10-2008 04:27 PM

Good point...suggestions? Maybe we say you have to make 36 bets and if you don't any bets not placed are a loss that way it's based on $360 no matter what, that way you could do either, am I right?
Quote:

Originally Posted by Scav
ROI percentage or Total ROI?


ateamstupid 07-10-2008 06:02 PM

Quote:

Originally Posted by hockey2315
I'll be there every day so I'll play.

Because you couldn't play otherwise? ;)

hockey2315 07-10-2008 06:07 PM

Quote:

Originally Posted by ateamstupid
Because you couldn't play otherwise? ;)

I have a hard time following closely enough each day if I'm busy with other stuff. . . hopefully work won't get in the way while i'm there ;)

ninetoone 07-10-2008 06:11 PM

Whatever the format, I'm in.

ateamstupid 07-10-2008 06:13 PM

Quote:

Originally Posted by hockey2315
I have a hard time following closely enough each day if I'm busy with other stuff. . . hopefully work won't get in the way while i'm there ;)

Good luck man, you're gonna have a blast. I'll be up there opening weekend, hope to see you.

TheSpyder 07-10-2008 06:55 PM

No blog this year? What's this world coming to?

Spyder
Quote:

Originally Posted by ateamstupid
Good luck man, you're gonna have a blast. I'll be up there opening weekend, hope to see you.


Scav 07-10-2008 06:58 PM

Quote:

Originally Posted by TheSpyder
Good point...suggestions? Maybe we say you have to make 36 bets and if you don't any bets not placed are a loss that way it's based on $360 no matter what, that way you could do either, am I right?

For something like this, you have to do total ROI. If you do it the other way, then someone can hit a 20/1 on opening day, and then sit on it for the rest of the meet.

I won't be able to do it, I miss the first 5 days, on vacation...

ateamstupid 07-10-2008 07:15 PM

Quote:

Originally Posted by TheSpyder
No blog this year? What's this world coming to?

Spyder

Oh pshaw.. No sir, I'm gonna be a weekend crowd out-of-towner this year. I still refuse to get in line for giveaways though.

I'll make up for it hopefully this Saturday by getting some good pictures of the big horse.

Heels1989 07-10-2008 08:37 PM

I'm in.

TheSpyder 07-10-2008 08:52 PM

Yea but if you get 36 bets you can make it up nes't pas?
Quote:

Originally Posted by Scav
For something like this, you have to do total ROI. If you do it the other way, then someone can hit a 20/1 on opening day, and then sit on it for the rest of the meet.

I won't be able to do it, I miss the first 5 days, on vacation...


ateamstupid 07-10-2008 09:09 PM

Quote:

Originally Posted by TheSpyder
Yea but if you get 36 bets you can make it up nes't pas?

Scav is right, if you're going to do percentage ROI you have to have a minimum amount of bets. Otherwise people are just gonna be stabbing at longshots and quitting once they hit one.

Zaf 07-10-2008 09:11 PM

I'm in too

cowgirlintexas 07-11-2008 07:09 AM

Lookin forward to it.. Count me in as well.

ARyan 07-11-2008 11:16 AM

I'll play.

geeker2 07-11-2008 11:46 AM

Playing :)

Scav 07-11-2008 12:04 PM

Quote:

Originally Posted by TheSpyder
Yea but if you get 36 bets you can make it up nes't pas?

My recommendation would be to score based on ROI, with a fixed amount of $360 or $300

This means a couple different things

1) $360 comes to one $10 bet per day
2) Someone can miss a couple days and it really wouldn't matter
3) Someone can't hit a 20/1 on the first day or two and not coast, they would still have to produce, albeit they would have a nice lead
4) You would even do it based on say $300, which means people can miss 6 days and not miss an opportunity. And if you play all 36 days, you still get your ROI calculated off of $300 (thus 6 bonus bets)

So essentially what I am saying is that everyone starts at $-300 and they have to build their way up from that, making one $10 bet per day.

So if you use $300 as a fixed amount, in 36 days if someone has a total of $600 collected, they would have a 100% ROI ((600-300)/300)


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