Panic Dollars returns. Last year @skip27 was able to convert his starting $100 into over $1,000,000 by the end of the season and win the game. This year we are starting later. No JLT games, because I expect lots of finals at the end. Yeah baby! So there are enough games to make your million.
The game will start in week of Monday 17th March, leading up to Round 1 game v GWS on Sunday 24th March.
At this stage, all you have to do is register your interest that you want to play (post in the comments below).
Background
Panic Dollars is a game based around Team selection. You invest in a particular player(s), if your players get selected, your investment grows, if your players don’t play you lose part of your money. You can swap players between games, or choose to lock in players for longer for bigger returns. In this game the more risky your strategy, the bigger your potential returns.
The game will most suit Supporters who like to take an interested in all the players on the list and try to understand the match committee’s selection strategies. This will help in working out the likelihood of each player being selected in the next match or matches.
That’s it for now. I will post more on the rules, returns and bonuses over the next weeks. I will also reserve the following post for more fine print rules.
Investment Options
Panic Dollars is an investment game. All Gamers are given $100 when they start. Gamers invest all or part of their funds in a player or players. If the player(s) you select play the next game, you get a return, but if they don’t play you get a cost penalty.
There are a few different investment options as you can lock your investment in for multiple weeks. You get a bonus payment if your player plays all the games during the lock period.
Update: Bonus Payments for Lock options
- Anxiety option is a 2 match lock - each player lock for this option locks up 50% of your funds, so you can only do this for 2 players max. If your player actually plays you also get the weekly nervous return payments each match.
- Stress option is a 3 match lock - each player lock for this option locks up 50% of your funds, so you can only do this for 2 players max. If your player actually plays you also get the weekly nervous return payments each match
- Trauma option is a 5 match lock - a player lock for this option locks up 100% of your funds, so you can only do this for 1 player. If your player actually plays you only get a flat 10% weekly return payment each match.
Best Players’ Bonus (starting R1)
This will still start this week R1, based on AFL/EFC match report named best players.
Each investment in a “best player” for that round will get a bonus payment equal to:
Total value all Panic Dollars investments x 0.5% x (25% + 75% x (Rank - 1) / (Total no of Gamers - 1)).
This will increase through the year, as the total of all invested funds grows.
Rank refers to the Gamer’s Rank at the start of that round. The formula will give Gamers at the bottom of the rankings a larger best players bonus payment than those Gamers higher up the rankings.
Eligibility: All investment options.
Win Jackpot (starts R1, first match)
Win Jackpot will be paid in any match that EFC wins from R1 on. The Win Jackpot will not be paid for a loss or a draw.
Jackpot: 20% of Nervous rate for that player in a winning week. So a player with a 25% Nervous rate will pay at 25% x (100% + 20%) = 30% for that week.
Eligibility: Gamers / players / options using Nervous rates for that week. That is Nervous, Anxiety and Stress Options. Not Eligible - Trauma option.
