![]() In NCAA Tournament auctions, you may just group the 14-16 seeds. Make sure one person is the auctioneer and keeping a good cadence, or it can go on forever. ![]() Randomization helps add to the strategic nature of these pools, which is the whole point. If you go by the odds board and start with Rory, Rahm and Scheffler, everyone will get anchored to those prices, and it will become very predictable. I’d recommend auctioning off players in a random order. ![]() ![]() But you should generally pay out the top 15-20 finishers, plus some bonuses so participants are incentivized to bid on the worst players in the field, too. You can tweak the payouts any way you’d like and add any bonuses you want. You can of course tweak these payouts however you’d like, but it’s a decent starting point. If your golfer wins, you’d get 24% of the pot, which is $1,200. Here’s an example payout structure with $5,000 in the pot. For Scottie Scheffler or Jon Rahm to provide ROI, they need to win or come close to winning. Typically, longshots can pay back your investment by winning a bonus (we’ll outline them below) or finishing near the top 10. You can use the tool from our friends at Auction Pro to run your Calcutta, or set it up in a spreadsheet. The beauty of these pools is that the total pot grows and evolves as the auction goes on, and some serious game theory comes into play.
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