Event Series Overall Outline

We propose running a number of Competitive REL events in a series structure building towards a final invitational event. These events will take place at different stores across Gauteng and the format for each will be chosen by the store in advance with the intention to best cater to their regular player base.

Each event will be head judged by a certified L2 the cost of which will be accommodated in the entry fee from players and a small fixed percentage of the remainder will be set aside to build the invitational prize support at the end of the season.

Each event will award prizes from the remainder of the entry fees in accordance with the standardised weighting described later within this document. The prize support from stores will be their choice of store credit, sealed boosters from the latest standard set or premium set or (with prior arrangement) magic accessories including but not limited to sleeves and deckboxes.

Any product used as prize support will be costed at that store’s standard shelf price. Store revenue is intended to occur from markup on prize support product, store credit use and potential additional sales from increased foot traffic.

At the end of each event, points will be awards for final standings and attendance. These will be used to determine entry to the final invitational. The final invitational event will consist of 16 players and a double elimination structure will be used. A certified L2 judge will oversee this and the cost will be taken from the invitational fund. The prizes for this invitational event will be in the form of cash.

 

For practical conceptualisation purposes a breakdown is shown below:

Typical Individual Event Financial Breakdown

Assumed 16 player attendance (Assumption is conservative based on EMCQ average attendance – this is done to demonstrate viability even at low attendance).

Item                             Unit Cost        Quantity         Unit Subtotal             Running Total

Entrance                     R300               x16                  +R4800                       R4800

Judge Cost                  R800               x1                    -R800                          R4000

Invitational Fund         10% of Remainder                  -R400                          R3600

 

Prize Support (value on which markup is made by store) = R3600 (or R225 contribution per player)

Typical Top 8 Support

Placement                  Prize Support Value              Value Relative to Entry

1st place                     R1080                                     +R780

2nd place                    R580 ea                                  +R280

3rd/4th place               R430 ea                                  +R130

5th to 8th place           R180 ea                                  -R120

 

Draw Prizes                 Total of R360

Example Invitational Financial Breakdown

Being conservative to show viability even with low attendance here it is assumed 16 players per series event.

Item                             Unit Cost        Quantity         Unit Subtotal             Running Total

Invitational Fund         R400               x8                    +R3200                       R3200

Judge Cost                  R800               x1                    -R800                          R2400

Top 2 Prize Support = R2400

Value Split 2:1 ratio

1st place receives R1600

 

2nd place receives R800