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Pay to play
1. Pay to Play
Overview- Whengivingtheirinitial take tothe Live Debate we wouldliketogive the optiontothe
customerto eitherplayforFree orto put $5 intoa moneypot. The top 3 finisherswhocontributed$5
wouldwinpercentagesof the total amountof moneycontributedforthatlive debate. Regardlessof
howmany people paytoplaythe percentagesof the winningswouldbe 50% for 1st
place,30% for2nd
place,10% for 3rd
place leaving10%for us. Winnerswouldbe decidedonourrankingsystem. The top3
pointgetterswinthe top3 payouts.
Cashier(Page)- Thiswouldbe the page inthe site where peoplecoulddepositmoney. Theycan
contribute anywhere from$5,$10, $25, $50 or $100. The amountof moneyintheiraccount wouldbe
hostedinside the userprofile soausercan alwayssee how much moneytheyhave intheiraccount.
Linksto the Cashiershouldbe withinthe initial signupaswell asthe Live Debate. We wouldneedtobe
able to acceptall creditcards forthisto properlywork. The playerwouldalsoneedthe abilityto
withdrawal moneyfromtheiraccountfromwithinthe Cashier.Thatcan be a simple fieldrequestthat
triggersan email toPaul and me so we can arrange to mail thema check.
User Account- As mentionedabove the balance of moneyintheiraccountshouldbe hostedhere aswell
as a linkto the cashier. If a playerdecidestouse $5 towardsthe live debate thenthere wouldneedto
be functionalitythatdecreasesmoneyfromthe account. We wouldalsoneedthe ability toaddmoney
to theiraccount if theywina debate. (Thiscanbe a back endfunctionthatwe can do manually)
Live Debate- Before auserisabout to submittheirTake there wouldbe amandatorydrop downthat
allowsacustomerto choose either“Free”or “$5”. If theychoose Free thennothingisadjustedand
everythingfunctionsasis. If theychoose $5 then$5 wouldbe debitedfromtheiraccount. If theyhave
no moneyintheiraccountthentheywouldneedtobe linkedtothe Cashier.
Potential Winnings- We wouldalsoneedavisible tableorboardthat showshow much moneyhasbeen
contributedforthatparticulardebate. Thiswouldbe visibletoeveryoneonthe Live Debate Page. The
table wouldshowthe winningpotential for1st
,2nd
and3rd
place basedon the percentagesabove and
howmany people contributed$5. For everypersonthatchoosesthe $5 optionthe 1st
place winnings
wouldgrow$2.50, the 2nd
place winningswouldgrow $1.50 and the 3rd
place winningswouldgrow$.50.
Thiswouldneedto be live soit updatesshowingplayershow theirpotential towinisgrowing.
Rankings- We may needtocreate a separate rankingtable forplayersthatpay. Thisrankingwouldonly
showthe top 5 forthat particularlive debate. (We wouldNOTneedrankingsforweekly,monthlyorall
time forpeople thatputin cash) Once againto reiterate the rankingsthatyouhave builtwouldbe for
people thatdidNOTpay. Maybe we can title those Free PlayRankings. We wouldcreate asecond
rankingtable calledPlayforCashRankings thatsitsnextto it forplayersthatchose $5. We could
separate iton the backendbythat FREE or $5 dropdown.
It isimportantto clarifythatpeople thatplayforFREE wouldhave theirpointsgointothe FREE rankings.
Whereaspeople thatpaywouldhave there pointsgointothe PAIDrankingsANDthe FREE rankings.
Back End Tool- We wouldprobablyneedsomesortof back endtool where we have aYour SportsTake
Master Accountfor funds. Wheneversomeone chooses$5to put moneyintoa debate $5 leavesthat
playersaccountand goesintoour Master account. Thenafterthe debate we wouldpayoutthe 90% to
the winnersleavingthe 10% inour account. If thisbackendtool wouldallow we coulddothismanually.