Saratoga Meet Contest

TheSpyder · #1 07-10-2008, 03:10 PM

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 · #2 07-10-2008, 04:58 PM

ROI percentage or Total ROI?

hoovesupsideyourhead · #3 07-10-2008, 05:18 PM

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

hockey2315 · #4 07-10-2008, 05:22 PM

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

TheSpyder · #5 07-10-2008, 05:27 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 · #6 07-10-2008, 07:02 PM

Quote:

Originally Posted by hockey2315

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

Because you couldn't play otherwise?

hockey2315 · #7 07-10-2008, 07:07 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 · #8 07-10-2008, 07:11 PM

Whatever the format, I'm in.

ateamstupid · #9 07-10-2008, 07:13 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 · #10 07-10-2008, 07:55 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 · #11 07-10-2008, 07:58 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 · #12 07-10-2008, 08:15 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 · #13 07-10-2008, 09:37 PM

I'm in.

TheSpyder · #14 07-10-2008, 09:52 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 · #15 07-10-2008, 10:09 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 · #16 07-10-2008, 10:11 PM

I'm in too

cowgirlintexas · #17 07-11-2008, 08:09 AM

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

ARyan · #18 07-11-2008, 12:16 PM

I'll play.

geeker2 · #19 07-11-2008, 12:46 PM

Playing

Scav · #20 07-11-2008, 01:04 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)