Friday, August 9, 2013

Preseason Re-Buys and Late Registration

C.H.A.D. will still be allowing initial registration and re-buys until the regular season starts, but the logistics of doing so are going to be slightly more complicated than C.H.A.D.'s administrators had initially realized.

Since you get one strike in the preseason, after this weekend some entries will be worth more than others, and a new entry (with zero strikes) will be worth more than an average entry (with either one or zero strikes).

Enter, math.

I'm giving everyone a 62% chance of advancing through each week of preseason. So after this weekend, entries with one strike will have a 23.8% chance of advancing through the preseason, while entries with zero strikes will be at 67.7%. Depending on what happens the rest of the weekend, that puts the value of a zero strike entry between $57.17 and $72.82 and the value of a one strike entry between $20.14 and $25.65.

I see no issue with with giving people the option of buying in with either zero or one strike, although will listen to ideas/concerns. Obviously the 10% premium for late registration (but not re-buys) will still apply.

1 comment:

  1. I have an issue of people buying in new (not rebuying) for <$50. Everyone should put in at least the starting buyin amount. So I would say new entries should be with zero strikes only.

    Allowing an upgrade from one strike to zero strikes for existing entries sounds unnecessary given the opportunity to rebuy. The only difference I can see is for tiebreaker purposes and the upgrade would have to be lower tiebreaker value than non-upgrade.

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