1. Attention: We have put together a thread with tips and a tutorial video to help with using the new software. Please take a moment to check out the thread here: Trapshooters.com Tutorial & Help Video.
    Dismiss Notice

Help with Optional Money Termonology

Discussion in 'Shooting Related Threads' started by Graingrenade, Jun 30, 2010.

Thread Status:
Not open for further replies.
  1. Graingrenade

    Graingrenade TS Member

    Joined:
    Jul 21, 2008
    Messages:
    12
    Can someone help me understand what the following handicap purses are:

    1. Perpetual Purse
    2. Open Purse
    3. what does "Paid per Yardage Group One Money each 7 Entries - High Gun" mean?

    Thank you,

    Mark
     
  2. V10

    V10 Well-Known Member

    Joined:
    Jan 29, 1998
    Messages:
    3,637
    Location:
    Mojave Desert
    A perpetual purse is one where only half of the available money can be distributed in any one event. Perpetuals involve running two traps (in a typical four trap field). E.g., Traps 1 & 2 have $1,000 in the Perpetual. If someone runs both traps they would win $500. There would then be $500 available for the next event. Entry fees for the option are usually added at the end of the shoot to replenish the pot. If more than one person runs traps 1 & 2 they would split the $500. Traps 2 & 3, 3 & 4, 1 &3, and 1 & 4 would also probably have purses.

    An Open purse is "open" to everyone, regardless of class or yardage group. This is in contrast to a Yardage Purse or Class Purse which is open only to people in that yardage group or class. These purses are funded by the entries for that event and all the monies are distributed in that particular event.

    1 money each 7 entries means that the total entries will be divided by 7 and the resultant will be how many places are paid. E.g., 21 entries in that option, divided by 7, would result in 3 places being paid (typically then 50%, 30%, 20%).

    "High gun" means that shooters are paid as opposed to "Percentage" which means that scores are paid. E.g., in the above example, if you have scores as follows: 1 - 99, 2 - 98, 1 - 97 in a High Gun payout the 99 and 98s would be paid (the three highest shooters). The 99 would get 50% of the purse and the two 98s would split the other 50% (25%/25%). In a Percentage System payoff, the three highest scores would be paid, so the 99 would get 50%, the two 98s would split the 30% (15%/15%) and the 97 would get 20%.
     
  3. Graingrenade

    Graingrenade TS Member

    Joined:
    Jul 21, 2008
    Messages:
    12
    Thanks V10.
    Your reply is very helpful.
     
Thread Status:
Not open for further replies.