Starting today, HorseTourneys debuts a new tourney format whereby players can compete solely against opponents who have a similar level of experience as they do. Here’s how it works.
We’ve analyzed activity data among all of our account holders over the past 12 months and assigned each player into one of five levels. Level 1 is the group that has the lowest average entry-fee volume during the past year. Level one competitors tend to play for smaller stakes and/or play just a small number of events over the course of a year.
Those in Level 2 have a higher annual entry-fee volume than those in Level 1. Level 3 players are those whose volume of play exceeds that of people in Level 2…and so on…all the way up to our final, “elite” level, Level 5.
Today, we have begun running special tourneys—primarily head-to-head and winner-take-all events—that are restricted to players within a certain level. You can find out your level simply by logging into HorseTourneys and going to your “My Account” page.
By logging into your HorseTourneys account and going to your account page, you can find your level right next to the words “My Account”.
From there, you can compete in these special, restricted tourneys by finding a contest restricted to your assigned level and then purchasing an entry just as you normally would. If you mistakenly try to enter a tourney that you are not eligible for, there’s no need to worry. Our system will stop you from registering (or paying for) that particular tournament. So you don’t have to be concerned about possibly entering an improper tourney—we have your back on that.
Here’s a look at some of today’s (Friday’s) tourneys restricted to those in Level 3…and some limited to those in levels 3 through 5.
Of course, our player highlighted higher up on the page, Chad Cross, is a level 1 player. So he would undoubtedly prefer to focus on the below events today:
As noted earlier, our player-level ratings are determined solely by volume of play. We tested several algorithms for creating a fair and equitable rating system, and the more we tested, the more we believed that, in this case, less is more. We wanted something totally objective—and something that could be revised as often as we wish. (We plan to revise level-ratings roughly every six months.) The more complicated we made it, the more open things seemed to be to interpretation, and that’s not what we were after. So we decided that entry-fee volume would be the sole determinant for our ratings. Reasonable minds may differ, but we hope you find our methodology—simple as it is—to be a fair one.
We hope you enjoy these new tourneys…and we hope you give us feedback as you play them to let us know if we can make them better for you and for all of us—because player levels notwithstanding, we believe we’re all in this together.
What makes HT the best handicapping venue is your innovation and willingness to produce new products. Is there enough players at each level to offer no limit, pool-style contests?
What about players who play different levels on different days depending on time restraints, interest levels or different cards (exp. BC days), weather, etc.? Why lock me into a level if I want to play more? It’s my money.
You can still do all of that, Vance. Nothing is being taken away. We are just adding some new options.
Why not offer one dollar tourneys
Are there any perks or benefits if one reaches level 4 or level 5 status? Something like a
rebate or some site credit for being a higher level player would be nice.
Re: a rebate/loyalty program, our profit margin is razor thin and nowhere near enough to afford a meaningful program of that kind. Because of the much larger spreads that ADWs maintain, they can do those kinds of things. Our blended takeout is about 11 percent, or about 1/2 the blended take of a typical ADW site. The only way we’d be able to afford anything resembling a meaningful rewards program would be to raise takeout, and raise it rather substantially. Obviously nobody wants that. In lieu, we prefer to give back to our customers in the way of that low takeout, promotions like our deposit bonuses, and other supplemental offers (the HT Tour program, for example), as well as other efforts directed toward the individual. Most of those supplemental offers primarily and directly enrich higher-end players.
Thank You, Sir