General Message Board
i guess i should've read the rules a bit more in depth before joining a pro league (honestly, i probably would've played either way, but still), because Yahoo! really pockets a ton of money.
for the Pro20 leagues, there's 12 teams in the league at $20 entry per player, meaning dues will equal $240
The payout structure calls for 1st place to get $100, 2nd place to get $50 and 3rd place to get $20, equaling $170 - so basically, we're paying Yahoo! $70 per league to do absolutely nothing.
For the Pro100 leagues, the dues equal $1200 and the payout totals $900 - meaning Yahoo! is taking $300 per league!!
Great job by Yahoo! for boosting their profit margin, but come on - that's a bit excessive. What do you guys think?
Anybody with half a brain can do the math. If they don't like it , they don't have to join. At least you get an impartial party in charge. I think we have all had to deal with shady league commissioners in the past. This will appeal to people who don't want to put their trust/$$$ in the hands of somebody they don't know.
- 1 Reply to m
I'm actually shocked at the number of people commenting here in the last week or so who seem to think that Yahoo! owes them something. Have you ever read the fine print on PokerStars? Do THAT math. I'll bet they're making $3,500,000 a day! I'm not joking. They take a small rake/percentage of every real money hand played.
I agree it is a large piece of the pie...but to say "so basically, we're paying Yahoo! $70 per league to do absolutely nothing." How can you say that??? They run the website which does all the calculations and keeps track of everything. If anything we, the players, do "nothing". Try doing one of these leagues with boxscores and an excel spread sheet (or pen and paper) everyday. You're out to lunch dude.
- 1 Reply to Derek
Calm down dude, my point was that we are paying them to do nothing more than what they've offered for free in the past.
and i don't have a problem with them taking money off the top - i just don't get why they deserve 30%. if i tried that in my private leagues, my managers would flip.
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