Derbywars take

[green80]

I was looking at Derbywars and see where they have a 7 player contest where you enter for $3 and winner gets $12 and runner up gets $3. Thats a $6 take on $21. Are we talking about a 28.5% take here? That seems like a losing prop unless you are the worlds best handicapper. Correct me if I am wrong here.

[cj]

I'm looking now and can't find one with those conditions. But, here is a sample of low cost tourneys (<$10) and small field tourneys (<= 7):

Entry $29 for 7 = 203, Return 175 --- 13.79%
Entry $95 for 6 = 570, Return 500 --- 12.28%
Entry $9 for 13 = 117, Return 100 --- 14.53%
Entry $4 for 29 = 116, Return 100 --- 13.79%

[Mulerider]

I was looking at Derbywars and see where they have a 7 player contest where you enter for $3 and winner gets $12 and runner up gets $3. Thats a $6 take on $21. Are we talking about a 28.5% take here? That seems like a losing prop unless you are the worlds best handicapper. Correct me if I am wrong here.

Looking back over yesterday's completed tournaments, the only ones I saw with a $3 entry fee had 6 contestants, which would cut the DW take to $3 on $18.

Mule

[green80]

Looking back over yesterday's completed tournaments, the only ones I saw with a $3 entry fee had 6 contestants, which would cut the DW take to $3 on $18.

Mule

The one I was looking at, Evd had one with 7 contestants, winner got 12 and runner up got 3. Maybe the bigger pots have a lower take. Of course, when they let one go without a full field of contestants the take is lower or 0. Keep in mind when you win the $12 on a $3 game, $3 of it is your own money, so you are laying 3 to win 9.

[Stillriledup]

I was looking at Derbywars and see where they have a 7 player contest where you enter for $3 and winner gets $12 and runner up gets $3. Thats a $6 take on $21. Are we talking about a 28.5% take here? That seems like a losing prop unless you are the worlds best handicapper. Correct me if I am wrong here.

It's not a 28 pct take because sometimes you too will get the 3 bucks. The players receive the 3 bucks not DW so that 3 bucks isn't part of the 'take'

[green80]

It's not a 28 pct take because sometimes you too will get the 3 bucks. The players receive the 3 bucks not DW so that 3 bucks isn't part of the 'take'

You are right. I was looking at the fact that I won and only netted $9 on a $3 investment (with 7 players). That seems like a hard way to go.

[stuball]

My question would be why not pick another tournament..some tracks have high takeout some have lower takeout...you choose same as the tournament
you choose...stop to figure it out and make a decision --buyer beware..LOL

Stuball

I don't post often but when I do ---It is only my opinion so please disregard

[PaceAdvantage]

I was looking at Derbywars and see where they have a 7 player contest where you enter for $3 and winner gets $12 and runner up gets $3. Thats a $6 take on $21. Are we talking about a 28.5% take here? That seems like a losing prop unless you are the worlds best handicapper. Correct me if I am wrong here.I hope you're in the DerbyWars Derby Day PA $1,000 contest.

36 paid entries at $25 a pop and 10 free qualifiers.

Field of 46 total...ONLY EIGHT SPOTS LEFT at this very moment.

So, 36x$25 = $900
And they are paying back $1,000 in purse money.

Negative takeout rate...gotta love it, no?

https://www.derbywars.com/tournaments/254377