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Instead of a Calcutta

Posted By: Chris Knapp
Date: Tuesday, 8 September 2009, at 3:38 p.m.

In Response To: Instead of a Calcutta (Phil Simborg)

>1. the Calcutta is the biggest flag to the authorities and to potential sponsors that this event is about gambling and is illegal; 2. it takes up a lot of valuable time that could be used for playing, or simply for sightseeing and relaxing and socializing; 3. MOST participants don't participate

Instead, I cam up with an idea that I think is a great improvement over the Calcutta. I suggest that every player who enters the tournament is given the option to place a bet (up to half of the entry fee amount) on any player he wants. The bet is that the player will win, come in 2nd, or win consolation.
:

I dont see how replacing the Calcutta, (which is a grey zone issue) with a para-mutual betting system would not be even a greater gambling red flag!

Furthermore, I'm pretty sure most "directors" dont understand the ins and outs of in essence being the bookie, and even if they did, I cwould bet my bottom dollar it would be a huge increase in the amount of work needed to manage and track the action over how the calcutta's are administered!

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