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Standard calcutta format:
• Deadline: The calcutta ends Wednesday April 6th at 4:00 PM Eastern.
• Payment: Margo Townsend AKA "Midi" will be handling the collection of money and prize payouts again. The only accepted payment methods are checks and cash this year. Yes, that means no PP as in previous years. Sorry.
NOTE:
a) No partial payments if you split a golfer!!! It's too much of a hassle to keep track of. The person who actually won the bid is responsible for the entire amount.
b) Be able to make your payment within 24 hours of the end of the bidding. If this is not possible, have someone else bid for you who can.
c) A small administration fee of $100 will be deducted from the total prize pool
Please remember the 30 minute rule (formerly "one hour rule"):
• The One 30 Minute Rule: This rule is put into place to squash any attempts to sandbag bids at the last minute.
If a bid is placed in the last 30 minutes of the Calcutta (i.e. between 3:30 and 4:00 PM on Wednseday April 6th) then an additional 30 minutes of bidding time (from the time of said bid) will be added for the player being bid upon.
This will continue to happen as long as the bidding for the player continues.
Example: If someone bids on Tiger Woods at 3:56 PM on the 6th, Tiger's deadline will be extended until 4:26 PM. If someone then bid again on Tiger, at say 4:12 PM, then his deadline would be further extended to 4:42 PM.
• Betting Minimum: Each player will begin with a bet of no less than $10. Bidding increments go up as the bids get higher.
• The Field: There WILL be a Field Bid, however it will not be available until the main bidding period ends at 4:00 PM on Wednesday, April 5th. At that point, all players who have not received a bid, will be included in "The Field". Bidding will continue as per the 30 Minute Rule set forth above.
• Prize Structure: Four prizes, split will be 40%, 30%, 20%, and 10% of prize pool.
• Sign Up: You will be required to register before you place a bid. PLEASE, ONLY USE YOUR REAL NAME!!!
• Email Notification: You will (should) receive an email notification indicating that your bet has been accepted. You will (should) also receive an e-mail notification when someone places an Outbid on a player that you had action on. There have been issues in the past with emails, so please don't rely on them!
Contact info:
Queries about payment:
Margo Townsend AKA "Midi"
Email: margo_townsend(at)hotmail(dot)com
Cell: 712-8nine8-nine111
Any other queries:
Ben Zeidenberg: bzeidenberg (at) akanda (dot) com
Cell: 416-560-seven0four4
