So unless I misunderstand, there can only be 1 person who "wins" each player, thus all players would either have 0 people betting on them, or 1 person (not including themselves if they chose a 50/50 split)
The problem that may arise here is there may only be bets on 5 players for example. Say everyone thinks the same 5 players will win, so 5 people have them, and now no one wants to bet on any of the other players because they dont believe they'll take it down. At the same time they arent THAT confident in an individual player that the bidding gets extremely high, so it may leave with a very small pot and few participants.
I think a bracket style betting would be better, with increased points for each round. That way everyone can participate, the fee will be flat (whatever sounds good to the people interested) Everyone interested could fill out a bracket and any tie breakers, should there be a tie, would be determined by which bettor advanced furthest in the tournament.
Id be up for either way though
More opinions?
|