Payout for HC class
#1
Thread Starter
Join Date: Feb 2003
Location: in
Posts: 36
Payout for HC class
Judy,
Is the IBO or Parma archery for that matter going to pay any money to the HC class. I didn't think the HC class recieved any money except for the Outdoor world but I got paid back at Wetumpka. Just curious. If so how are they divying up the money? Thanks in advance
Patrick.
Is the IBO or Parma archery for that matter going to pay any money to the HC class. I didn't think the HC class recieved any money except for the Outdoor world but I got paid back at Wetumpka. Just curious. If so how are they divying up the money? Thanks in advance
Patrick.
#2
Thread Starter
Join Date: Feb 2003
Location: in
Posts: 36
RE: Payout for HC class
Question answered. I got a check today. I forgot that the you guys had to go to Georgia and probably didn't have time to answer. Sorry. Just so some know since there was a post about payout for all classes. I was 18th in the HC class and got a check for $29.86. I would also like to see an amount for everyone.
#5
Join Date: Feb 2003
Location: auburn ny USA
Posts: 6
RE: Payout for HC class
Pasenior, I would have to agree with you. I placed 2nd in the FHC and received $61.33 Your class was more than double the class I shot in and I also feel ripped off. I would like to see how much was paid out total for each class and how is was broken down.
#6
Join Date: Mar 2004
Posts: 6
RE: Payout for HC class
The payout doesn't sound that bad for the number of shooters at Indoor World. Something I think everyone is not thinking about is the cost to put a shoot on.
The club has to buy all of the targets I just placed an order and they are not cheap.
And I am sure that Parma had to rent the space from the I-X ctr.
The club has to buy all of the targets I just placed an order and they are not cheap.
And I am sure that Parma had to rent the space from the I-X ctr.
#9
Join Date: Mar 2004
Posts: 4
RE: Payout for HC class
I placed first in HC and received 199.05. There were 209 in my class and I my friend placed sixth and I know he received $149 and some change. The breakdown looses me. The difference between first and sixth translates to less than $10 per place.
#10
Join Date: Feb 2003
Location: Avon Lake Ohio USA
Posts: 232
RE: Payout for HC class
Tim, I'm not the one doing the payout, but based on the numbers you have given the payback looks right. Here is how I would do it.
209 shooters at $10.00 each = $2,090.00 in the purse.
20% of class is over the 20 place max, so 20 places paid.
Each place recieves its share of the pot. 1st place 20 shares, 2nd place 19 shares, 3rd place 18 shares on down to 20th place recieving 1 share.
This splits the pot across 210 shares.
$2,090.00 divded by 210 = $9.9523809 per share.
Your portion in first place ... 20 shares x $9.9523809 = $199.05
Your friend in 6th place ... 15 shares x $9.9523809 = $149.29
I'm sure that is now as clear as mud, hope it helps make some sence of it.
209 shooters at $10.00 each = $2,090.00 in the purse.
20% of class is over the 20 place max, so 20 places paid.
Each place recieves its share of the pot. 1st place 20 shares, 2nd place 19 shares, 3rd place 18 shares on down to 20th place recieving 1 share.
This splits the pot across 210 shares.
$2,090.00 divded by 210 = $9.9523809 per share.
Your portion in first place ... 20 shares x $9.9523809 = $199.05
Your friend in 6th place ... 15 shares x $9.9523809 = $149.29
I'm sure that is now as clear as mud, hope it helps make some sence of it.