Quote:
Originally Posted by Lathum
So the prize pool is guaranteed 3 million dollars. Entry fee is $3 per lineup, so there is a total of 1,190,476 max entries. Reason it isn't an even million is the site keeps the rest, called the rake.
Anything under 1 million total entries and there are less total entries meaning free money.
Currently there are about 132,000 entries, that will go up a lot in the next day and a half, but lets say it only goes up to 700,000. That means there would be 2.1 million dollars in entry fees, but a 3 million dollar prize pool, resulting in 900,000 of free money since you are only competing against 700K lineups and not 1.2 million.
The top 300K get paid, min is $5 on a $3 entry, so if about 55% of your lineups cash you can make a decent profit.
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Interesting, thanks for the explanation!
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