2012-13 Season Prediction Competition

http://www.ja606.co.uk/articles/browseByTag/10128

Bookmark the above link if you want to join in!!!!

During Euro 2012, I helped HampsteadGunner run a Prediction competition, which proved a great success and many users have asked for a similar thing during the 2012-13 season.

I have devised a new competition for the coming season and setup the necessary spreadsheet to run the scoring.

Here are the draft rules. What I need for now is feedback and constructive input from you all. All suggestions welcome and I will answer any questions if you have them.

I have posted this on your boards for now, as I am waiting for Admins to reply to an email asking them a few questions to help me run this without cluttering boards all season long.

RULES

1. Every participant will receive an opening balance of 200 credits.

2. People can start participating at any time during the season, and will receive their 200 credit opening balance as soon as they place their first prediction(s).

3. The season will be split into 41 weeks. Each will will run from Friday to Thursday. Week 1 will start on Friday 17th August 2012 and week 41 will start on Friday 24th May 2013.

4. The following competitions will be included for Prediction purposes :
Premier League
Championship
FA Cup
League Cup
Europa League
Champions League

5. Each week 10 fixtures will be selected for people to predict on. Fixture will be published 3 weeks in advance to give everyone plenty of time to decide and make their predictions.

6. People can predict on as many or few of the chosen fixtures as they want. Each prediction will count as 1 credit. So if you make a prediction on all ten matches your balance will be deducted 10 credits, down to 0 predictions.

7. Exact score - 5 credits (plus stake returned)
Correct result and correct margin - 3 credits (plus stake returned)
Correct result - 2 credits (plus stake returned)
Incorrect result - loss of stake.

8. As well as the individual match predictions, there will be a monthly league table for most points in the month, with the following bonus credits :
Top +20 credits
2nd-5th +10 credits
5th-10th +5 credits

9. There will also be a monthly league table for the people who have moved up most positions, with the following bonus credits :
Top +20 credits
2nd-5th +10 credits
5th-10th +5 credits

10. As the competition evolves, there will be a number of extra bonus opportunities. Suggestions and feedback will be considered when deciding what form these extra bonuses should take.