Rules of The AugustaPool

4.)  Pool Payout:  How Much and Who Gets What

A.)  Value of The Pool

• Value of The Pool is the total money paid by all participants LESS:

  • the PayPal transaction fees (a little over 4% per transaction)

  • the money paid out to the winners of the daily bonus payouts (see below)

  • my annual website hosting costs ($70).

B.)  Method of Payment to Winners

• Payment to winners will be via PayPal once I've confirmed the results.  Payment will be made to the same email you used to submit your payment.  Any fees associated with this method of payment are your responsibility.

C.)  Top Ten (10) Finishers:

• The top (10) teams will receive a percentage of The Pool based on the chart below  

• Ties:  If two or more teams are tied for one of the top ten spots, that tie will be broken based on the team with the most players who made the cut.  If there is still a tie, the winners will split the pot.

D.)  Daily Bonus Payout for Low Average:

• In order to add a little excitement in the early rounds, we have a daily bonus of the team with the low average for that round.

• Each day I will award $25 to the team with the lowest average score.  The average is based on the scores of all active players from that day's round.  Players who miss the cut or withdraw do not count toward your average.

• Ties:  If two or more teams are tied for the lowest average score, the winner is the team with the most birdies from its top three players (ie lowest score) from that day's round.

E.)  Daily Bonus Payout for High Average:

• Call it charity or maybe just my nod to the weekend hackers in all of us, I'm throwing a little something to the worst team from each of the final two rounds.

• Each day I will award $25 to the team with the highest average score.  The average is based on the scores of all active players from that day's round.  Players who miss the cut or withdraw do not count toward your average.

• Ties:  If two or more teams are tied for the lowest average score, the winner is the team with the most birdies from its top three players (ie lowest score) from that day's round.

F.)  The Anchor of the Year Award

• The team with the worst final score after the final round is awarded a free play for the following year

• Ties:  If two or more teams are tied for last place, those teams will split the award and receive a discounted entry the following year (for example, if two teams tie for last place, they each will receive 50% off their entry the following year).

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