NFL Confidence Pool – Entry Fee $50 – 100% of money paid back to winners
This will be year 2 of the league. Last year there were 23 participants. I plan to have a few more for this season.
Each week you enter who you think will win each NFL game assigning each game a confidence value from 16 to 1. For each game you pick correct winner, the confidence value you assigned is added to your score.
I expect between 25 and 50 people to join this pool. Feel free to forward this e-mail to anybody else you know who might want to play. Pool will be hosted by CBS where you will enter your picks each week. All money will be sent to, held, and winnings returned by www.fantasysportsvault.com. I will not need to touch your entry fee! If you prefer and trust me, I can also accept money directly from you and then pay fantasysportsvault for your entry fee.
If you want to play, please reply now or e-mail me at firstname.lastname@example.org so I can send you an initiations to join. You will receive 2 invites, one from the league host cbs, and one from www.fantasysportsvault.com to pay your entry fee. ALL ENTRY FEES ARE DUE BY FRIDAY, SEPTEMBER 3.
Details of Payouts:
NFL confidence pool entry fee $50 (about $3 per week). 100% buy in paid back to winners. About 2/3 of total winnings will be paid to weekly winners (about top 10% of teams will win weekly) and 1/3 of total winnings will be paid to season winners (about top 30% of teams win). All winnings will be paid at the end of the NFL season.
Sample payouts with 26 people: $1300 prize pool
Top 3 each week (30, 15, 6) - $867 total
Top 9 full season (125, 95, 70, 50, 35, 25, 17, 10, 5) - $432 total
Sample payouts with 50 people: $2500 prize pool
Top 5 each week (40, 25, 17, 10, 5) - $1649 total
Top 15 full season (150, 125, 105, 89, 76, 65, 55, 46, 38, 31, 25, 20, 15, 10, 5) - $855 total
Any ties for the week or season are split.