Here is my take. I agree you need to put pen to things as there is no standard to how to calculate payback and while we are on this topic watch out for the losely used promise of guaranteed payout for 1st place. This can mean a variety of things. There is normally a great deal of fine print that goes with it.
As for payout I think it is dis-honest to include anything that is optional like Big-Bass, Option Pots, Raffles, sticker prizes, etc.
If you include this then there is a different payout for you depending on what pots you are in. If this is all thrown in the equation then are you realy getting 90% if you aren’t in everything?
I did the math for Team Supreme Savanna division and I think they are about the same as everyone else and it came out to 69.68%
47 teams X $110 entry = $5170
total payout (excluding BB, sticker, etc) $3602.50
3602.50/5170= 69.68%
This is pretty much inline with everyone else that is considered a regional or national trail as some portion is rolled over to a regional or national event for boats and such. You will find a few local events that don’t have a end of the year event that will pay 85% or more at the ramp but this is because nothing is held back and rolled over.
I also think it is interesting to look at end of the year payout. I think this should include raffle prizes that maybe given out as long as everyone is in the draw, not one that you buy into. For example, in the ABA there is a good deal of stuff given away to those at the National via a draw. Anyone who worked hard enough and attended the National is eligible and it isn’t something you buy tickets for.
If you look at the end of the year numbers this can really set apart the good from the bad. While the ABA is at 68% at the ramp like most everyone else, the end of the year payout including just entry fees and excluding side pots and such was 135%! That was the best I’ve seen from any trail and something we are proud of.
With that said, you’ll have to make up your own mind if it means something to you if you don’t attend the national. I think JC brought this up. I don’t really agree with that becasue if your goal isn’t to attend the championship why are you fishing a circuit that has one with part of your entry going toward it. If you feel that you don’t really get it back because you don’t attend then you should just fish local jackpot tournaments.
Other directors do you agree with my position?