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Muskie Fishing -> General Discussion -> new $50,000 tournament
 
Message Subject: new $50,000 tournament
Don Pfeiffer
Posted 10/24/2005 12:43 AM (#163285)
Subject: new $50,000 tournament




Posts: 929


Location: Rhinelander.
Talked to someone today about it. It would pay that for first place. Would pay to 10 places with 10th being entry fee amount back.

2 days in northcentral wisc.

2nd night a new drawing for starting spots the 2nd day

Was looking at $1000.00 entry or $1200.00
He was curious if the anglers would pay the $200.. extra if it mostly went to more payout from 2 through 9 place. If kept at $1000.00 naturally it would pay les for those places.

It would be limited to 100 teams. Time would be late summer or early fall.
I know the water they are talking about it has a good tournament history and anglers have enjoyed tournaments there me included.

He was wondering if I'd post this to see how much interest there would be for this. He felt Bob m's was just alittle to steep and figures this might be more to your approval in the old pocketbook.

Please post here and let me know what you think and I'll see he gets copies of the replies and interest.

Thanks.........Pfeiff

Rick Hess
Posted 10/24/2005 6:08 AM (#163287 - in reply to #163285)
Subject: RE: new $50,000 tournament


I'm all in!

$500 or $700.00 is a small price to pay for a shot at big money. I've lost more at a casino with worse odds.
darcyfish
Posted 10/24/2005 6:14 AM (#163288 - in reply to #163285)
Subject: RE: new $50,000 tournament




Posts: 119


Location: Sioux Narrows
Don

Bob M's was steep, but in my mind with a entry fee that is that high the pay out's don't justify it.What I'm trying to say that the 100,00 first prize was nice but second was 27, third was 12 and the rest where under 10.So when your spending that kind of cash they should spread out the payouts, so even if you don't win you go home with something more then your entry fee back.
The idea your friend has sounds good, but I would make first place say $35,000 and spread out the pay out to 15th spot.I think people are more interested if they can win a little cash even if they don't win.We run a bass tourney up here, its a three day tourney and each day they payout to the top 7 teams for the day and then have a grand agg., you would not believe the ineterst.This tourney fills up quick and has a field of 120 boats.I like it because you can have one good day and win a few bucks and justfy time and money spent even if you don't win.Good luck
guest
Posted 10/24/2005 7:13 AM (#163293 - in reply to #163285)
Subject: RE: new $50,000 tournament


It would depend on the water. If it was the eagle river chain I'd say no because it is bombarded with tournaments. If it was the Three Lakes chain, or a few others in North Central, I would be in for sure. Can you give us some more info?
Rick Hess
Posted 10/24/2005 7:35 AM (#163296 - in reply to #163285)
Subject: RE: new $50,000 tournament


You need to get sponsors to kick in money for a tournament this size. That way if you don't get a full field you don't have a bunch of PO'D guys that spent a ton of money and time getting ready for this tournament. If someone wants to put a big tournament together they need to be committed to doing it. Don't run it half xxxx. Marketing is alot of work,cost money and needs to be done.

I had my money in for a large tournament this year,prefished a week ,took vacation, hired a guide, was planning another week of vacation for the tournament and then find out two weeks before the tournament its cancelled. My commitment was to put my entry up and be there to fish it. I didn't promise anything else.

Just don't start something you can't finish. I don't think I could take another let down.

I'm all in if you can pull it off.

I wish you the best of luck . Keep us informed

Gander Mt Guide
Posted 10/24/2005 9:47 AM (#163325 - in reply to #163285)
Subject: RE: new $50,000 tournament





Posts: 2515


Location: Waukesha & Land O Lakes, WI
Cmon Hess...every big money tourny you try to fish gets cancelled.....stick to poker.


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J. Augustine
Posted 10/24/2005 10:08 AM (#163330 - in reply to #163285)
Subject: RE: new $50,000 tournament


I would look into it depending on where the tournament would be held and what the dates were?
$50K has my interest!
Rick Hess
Posted 10/24/2005 11:05 AM (#163342 - in reply to #163285)
Subject: RE: new $50,000 tournament


Fish or cut bait Heibs. I'd rather be lucky than good.

Lets hope this one takes off.

It would be nice to have a big money tournament in Wisconsin.
Ball Cap
Posted 10/24/2005 12:52 PM (#163348 - in reply to #163285)
Subject: RE: new $50,000 tournament


I would be interest too as long as the tournament was guaranteed to be held, regardless of number of entrants. Like the guy above said, taking vacation to pre-fish and then not even having the tourney sucks.

Heck, even if only 30 teams were signed up, still hold the tourney !!!
Don Pfeiffer
Posted 10/24/2005 8:03 PM (#163393 - in reply to #163285)
Subject: RE: new $50,000 tournament




Posts: 929


Location: Rhinelander.
Rick I understand where your come from on that. Its just something he is looking into. I don't think the first first year they can pay the 50 but could pay 35 and 15 for second and down to maybe 2000 for 8thplace. Just my thinking when I do the math. There is alot of start up cost in the first year that is not there in the following years. To me $35.000 for first and $15 or close to it for 2nd is not bad. He is curious is paying down really good 1 through 5 enough and then it would drop to 8 or 10th. Would aglers rather be paid less and be paid down to 15th or 20th. . If you want to get paid $2000 for a 15th place finish the rest of the payouts will be less. Like to hear your thoughts. If he does this he wants to do it right.

It is not the egle river chain he is talking about so thats taken care of.

Its something being kicked about is all. .

Big money sponsors your not going to get the first few years. For sure the amount paid out would be based on enrtries. The guy is not going to lose money to put a check in someones hand
Number of entries would determine payout.

Pfeiff
Rick Hess
Posted 10/24/2005 9:45 PM (#163409 - in reply to #163285)
Subject: RE: new $50,000 tournament


I wouldn't want anyone to do it unless they were to make money eventually. This is a big task. My thought would be that you would want to pay out enough places to where a guy would at least get his entry back. We know thats not a break even for a tournament angler but its respectable.

Good luck with the concept I'm just happy to see guys are still trying. I wish you the best of luck.

I love the sport and the idea of competing.

The biggest thing is to make it fun and safe

C_Nelson
Posted 10/25/2005 7:00 AM (#163437 - in reply to #163285)
Subject: RE: new $50,000 tournament





Posts: 578


Location: Sheboygan Falls, WI
When you start a tournament up you can expect to lose money to start with. The sponsors with the money will not be there right away. My wife ran a small tourney, but a fun one, a couple of weeks ago and she lost money the first time around. Paid for quite a bit out of her pocket so she could pay out 100% of the entries. Guarantee, this tournament will NEVER be a money maker for her as the entry fees will be paid out as closely to 100% as possible and ALL money gotten through sponsors will be put towards the tournament and ALL money raised through raffles is donated to the ADA. The only money she makes off of it is the sale of some fishing tackle and some suckers.

The second night new drawing for starting spots sounds awfully familiar!!! Her tournament you could not chose what body of water you fished, it was by drawing. On Saturday night there is another drawing for where you fish on Sunday. A fun tournament that made people adapt to new water. Funny that this tourney would just happen to come up with this format in this part of the state now. This new big one should be a fun tournament for people to fish.

It is the fun of organizing and running a tournament and seeing it be successful that is the payoff.

Chuck
jlong
Posted 10/25/2005 7:15 AM (#163439 - in reply to #163285)
Subject: RE: new $50,000 tournament





Posts: 1939


Location: Black Creek, WI
Yah.... Nelson's Tourney would be a good benchmark for northern WI. Why not take adavantage of its diverse fishery? Why not spread boats around to avoid congestion and eliminate potential "team fishing"? Why not challenge the anglers to "think on their feet" and have no need to prefish (drawing concept)? Why not use a judgeboat format?

I like the concept of a big payout... and see no need to pay out down to 15 or 20 places. Heck... why even pay out to 10th place in a tourney with 100 or less boats? If you want to use a big payout as the draw.... then I'd suggest only paying out to 5th place to inflate the payouts. Contestants should not be concerned about winning their entry fee back... they should be trying to WIN. Reward the winners. Heck... with a 100 boat field it is very likely that 20 teams won't even catch a fish... so why bother paying out that far down? I'd rather see the entry fee reduced and the top 5 payouts be larger. I'd rather pay $500 for a shot at 5 good payouts than $1000 for a shot at 5 good payouts and 5 consolation prizes. Lower entry, higher payout... with the concept of "if you are in, plan to win".

Good luck!!

jlong


Edited by jlong 10/25/2005 7:21 AM
Ball Cap
Posted 10/25/2005 10:01 AM (#163468 - in reply to #163285)
Subject: RE: new $50,000 tournament


I agree with JLong 100%. I see no need to pay down 15 or 20 places with only 100 teams. To be honest, I would rather see a large 1st place check, good sized 2nd and 3rd place. 4th and 5th can get their money back. That's about it.

J is exactly right. If a team is worried about getting their money back in 10th place or something like that, they have the wrong attitude. The attitude should be to win it, not take 10th place.
Gander Mt Guide
Posted 10/25/2005 10:06 AM (#163470 - in reply to #163285)
Subject: RE: new $50,000 tournament





Posts: 2515


Location: Waukesha & Land O Lakes, WI
I can see a payout down to 15th if the money was garanteed through sponors, not just entry fees.
Agreed though, fish a tourny to win, not to finish 12th..unless it was a points race to a championship.
doesn't matter
Posted 10/25/2005 3:44 PM (#163516 - in reply to #163285)
Subject: RE: new $50,000 tournament


I'd take a pass unless there were clear rules that made collusion against the rules.
Don Pfeiffer
Posted 10/30/2005 12:12 PM (#163991 - in reply to #163285)
Subject: RE: new $50,000 tournament




Posts: 929


Location: Rhinelander.
looking for more input so we know what you anglers really look for if this is to be done right



advice is free so we'll take it........Pfeiff





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