Minnesota Calcutta











Date : Saturday March 29, 2014
Check-in : 8am
Start time : 8:30am
Where : Conquer Fitness - 7300 32nd Ave. N. Minneapolis, MN 55427
Format : Men’s 4s
Entry fee : $25 (via PayPal)
o Registration must be done through Vital Volleyball Club’s website –
vitalvolleyball.com/events/
o Entry fee pays for tournament play/gym space, beverages (beer, water, soda, etc.), and
food/snacks.
o You will sign up as an individual – NOT as a team
Entry deadline : deadline for registration will be Saturday March 22nd by 11:59pm.
Level of play : One level and all skill levels can play and are encouraged to play!!!
o There will be an A, B, C, and D level player on each team
 Best part of this tournament is that all skill levels are needed and gives all skill
levels the opportunity to play with great players and to win a tournament for
some great prize money!!!
Tournament Format : Pool play – 2 games rally score to 21 (win by 2), all teams make playoffs :
seeding for playoffs will be determined by wins/losses in pool play, then by point differential
for seeding and tie break scenarios.
o Playoffs (early rounds) will be one game to 25 win by two.
o Semifinals and finals will be best 2 out of 3 – Games 1 and 2 to 21 win by 2 : Game 3 to
15 win by 2.
Payout : Payout is up to 3rd place and the dollar amount is determined by how much money is in
the pool from the auctioning.
o There will be two 3rd place finishers; so 4 teams will get paid.
Payout percentages : 1st place – 50% : 2nd place – 30% : 3rd place – 20% (each 3rd place team
gets 10% of the pot).
o Payout scenario based on $10,000 in the pot :
 1st place - $5,000 (50%)
 2nd place - $3,000 (30%)
 3rd place - $1,000 (10%)
 3rd place - $1,000 (10%)
 Rules and Procedures
o After you have signed up and registered as an individual player through Vital Volleyball
Club’s website and paid via PayPal, each team will then be formed by “The Committee”
prior to the tournament date.
“The Committee” is made up of certain individuals heavily involved in the
Minnesota volleyball community.
“The Committee” will categorize each player as an A, B, C, or D player.
 The “A” player is the best player
Once the players are categorized, they then will be ranked in that category from top to
bottom, also done by “The Committee”.
After “The Committee” has categorized and ranked the players, they will then form the
teams based on what they feel each team is as fair and even as can be.
Once you have arrived on Saturday morning for check-in and tournament play, you will
then find out what team you are on and who you are playing with.
At this time, you will be wanting to take notes (written or mental – your choice), asses,
and look at other teams, so you have a good idea of who you will want to bet on, or
purchase, through the auctioning process.

o
o
o
o
o
 Auctioning Rules and Procedures
o Starting at 8:30am, after all players are checked-in, we will start the auctioning.
o Each team will be brought up in front of the entire group of players and spectators, and
will be auctioned off.
o The person running the auction will start the bidding at a certain dollar amount they feel
is fair for that team.
o At this time, anyone and all people in attendance, player or spectator, is allowed to bid
and purchase as many teams as they want.
o The person(s) with the highest bid will become owner of that team presented at that
time.

Purchasing/Owning %/Payout Rules
o Here’s a scenario of what would happen once a team has been purchased
 Lets say Team A has been bought by John Doe for $800.
 John Doe will then approach Team A and will talk to them to see if they want to
buy their percentage of the team IMMEDIATELY.
 In most cases, the owner (John Doe), will be responsible for 50% of what
he/she bought the team for. So in this case he/she will put in $400 since
he bought the team for $800.
 The remaining $400 will usually be bought out in quarters, since there are
4 people on a team. Therefore each player will put in $100 of there own
money to own their percentage of the team, which is 12.5% (12.5% x 4
players = the remaining 50% of the team to be owned).
 So now you have $400 from the owner John Doe and $400 combined from
the 4 players, which equals the $800 in which the team was bought for.
 Now that Team A has won the tournament, and lets say the payout for first place
is $10,000. The owner, John Doe, since he paid for 50% of the team, he owns
50% of the team, and gets 50% of the payout. So John Doe took his $400 and will
be getting $5,000. The players who bought their 12.5% of the team, own 12.5%
of the team and will get 12.5% of the payout. So the players from Team A that
put in $100/12.5% now gets $1,250 of the 1st place prize money.

Other Rules
o All auction/bidding financial transactions must be paid in cash!!
 To all involved (players and spectators) – please bring a lot of cash with you if
you plan and want to be apart of owning your percentage of your team.
 All money will be collected no later than after the 1st match has been played.
o Owners need to be prepared to pay for the full amount of the team they purchase
I.e. if you buy a team for $1,000, be prepared to purchase the team for 100% and
have the $1,000 in cash with you at auctioning
 Don’t bid on teams that exceed the amount of money you have brought
with you.
 Or go down the street to the gas station and hit the ATM for more money
ASAP!
o You can partner up with other people in the crowd to purchase teams
 Here’s an example : If you only have $400 on you, and you want to buy a team,
and you think they will go for a higher amount than you can afford, you can
partner up with someone and become co-owners.
 You and your co-owner will have to figure out the math as to what
percentage you each own the team depending on how much money you
each put in.
 If the amount is even money, then you both own the same amount of the
team.
o Players DO NOT have to purchase their percentage of the team.
 If this happens, then other players can purchase that percentage and own more
percentage of the team, therefore getting a higher percentage payout should that
team make the money.
 Example : Using the example before where Team A was bought for $800,
each player would have had to put in $100 to own their percentage, which
was 12.5%. If one player decides not to buy their percentage of the team,
simply do the math.
 $400 / 4 players = $100 (12.5%) : $400 / 3 player = $133.34 (16.67%) :
$400 / 2 players = $200 (25%)
o As mentioned before, you can own multiple teams – owning multiple teams increases
your chances of making the money. And if all your teams make the money, you will be a
very happy person!
 Or even if just one team makes it in the money, you will most likely break even or
still possibly make money should they take 1st or 2nd place (depending on how
much you purchased the team and how much the payout is).


Catch 22
o As a whole, you want all the teams to go for as much money as possible during the
auction. The more money each team goes for, the more money goes into the pot for you
to potentially win.
 So if there are 15 teams in the tournament, and each team is auctioned at an
average of $1,000 per team, there will be $15,000 in the pot.
o You kind of don’t want to be on the team that goes for a lot of money – this means you’re
potentially having to put in more money to own your percentage of the team, and your
profit margin (should you make the top 3) goes down, along with increased expectations
for your team.
o Usually the team with the best “A” players go for the most amount of money.
 So it’s nice as the B, C, and D player to be teamed up with this great player
because you feel your chances of winning are better, therefore the price for your
team could go for a higher amount because other people who are bidding on your
team feel that way as well.
 But that’s the fun and excitement of this tournament!