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Wednesday, April 22, 2020 **HAPPY 50th EARTH DAY**
[ 1-Entries | 2-Teams | 3-Confs | 4-Charities | 5-Payments ]
25 YEARS: $23,650 HAVE BEEN WON BY 88 PEOPLE
Bob G is all-time earner with $1,120 but Robinson C and Darryn B are only two-time champs
SAFER-AT-HOME W/REQUIRED FACE COVERING, CA (smt)- While a lot of American citizens will receive up to $1200 from the Federal government (and the rich getting some as well), a good number of us middle class folks won’t, and so we hope to win in the pool (not this year though). While our largest pot was $1780, what was the largest prize an individual could win? So here is another 25 Year retrospective, this time on the various HWCI NCAA prizes.
As stated in the last issue, 100% of each entry fee (including ours) goes into prizes. Always has, always will. So if there are 100 entries, then there will be $1,000 doled out. I started doing an update on prizes but started getting into how intricate the payments worked and when I was done, wrote more than 1,900 words, so this was split up (Payments and Prizes). So we’ve had 2,365 total entries over 25 years which means we have doled out $23,650 ($940.60 avg).
While we started off with just 3 prizes in ’95 (1st/2nd/3rd) we have expanded over the years to as many as 8 prizes in ’17 (1st-7th, Bonus). We added a 4th place prize in ’98 if we got 25 or more entries and Scott H (1 year/1 entry, 1 prize/$20 total winnings) won the first 4th place prize ($20). We added a $40 Bonus Prize in ’03 and Scott T (25/42, 5/$630) won the first Bonus. We added a 5th place prize in ’08 if we got 100 or more entries and Jeff H (16/16, 3/$340) won the first 5th place prize ($60). We added a 6th place prize in ’11 if we got 125 or more entries and Charles D (1 0/28, 1/$60) won the first 4th place prize ($60) with his 2nd entry. We added a 7th place prize in ’17 if we got 165 or more but have only hit that once (’17). Alex K (3/4, 1/$60) won the first 7th place prize ($60).
We never thought the pool would be as big as it today which is why the 5th place prize never really crossed our minds until we hit the magic 100 entry milestone. So while there were 75 entries in between 4th and 5th (25:100), we quickly added another prize 25 entries later (100:125). When we jumped 29 entries from 149 to 178, it was so big that another prize seemed warranted, though we were hesitant. But we decided to add the 7th place prize to get the top 7 prizes back up to over 4% of the total entries (7/165 4.2%). We may not add an 8th until we hit 200 (8/200 4%) but we shall see. We have dipped below that 165 entry mark for the last two years. That “4%” has been keeping an average of 75% of the entries still alive after the first weekend which is good. We don’t want too few top prize spots that too many entries are eliminated and skip the Sweet 16 but we want some stress and mortality. We do have outliers such as the upset-heavy ’18 pool where 51.9% of the 156 entries were eliminated (’cause a lot of favorites lost including #1 Virginia losing to #16 UMBC) and the mostly chalk ’09 pool where just 7.0% of the 114 entries were eliminated.
There have been 136 total prizes won by 96 different entries (88 people). A quite healthy 24.1% (88/365) of all people have won something which I’m quite proud of because I like spreading the wealth and no one person has dominated. Each person is allowed to enter up to 3 times. Scott T has won the most times with 5 prizes ($630) including winning the pool in ’02. He has submitted 42 total entries over 25 years. His first entry has won 4 times (25 yrs, 4/$540), tying David F (25/26, 4/$490) for the most wins for an entry. Including Scott T, a total of 7 people have won on at least two different entries. Eric F is the only person to win on 3 different entries (1st entry in ’14, 2nd in ’17, and 3rd in ’19; 9/15, 3/$620). Blakely H (10/28, 2/$315) is the only person to win on his/her 3rd entry twice. Mike W (4/12, 1/$170) and Ron E (12/28, 1/$320) are the only others to win on his/her 3rd entry. Dual and triple entries are quite common but no one has won a prize twice in the same year. Yet.
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