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SuperContest no longer 100 percent payback

06.27.2016     09:05 AM     Printer Friendly

SportsMemo.com blog entry.
Due to growth, the world famous NFL SuperContest will no longer offer a 100 percent payback. Instead, the Westgate will take 8 percent to cover the cost of running the contest.


“I know it’s not something that’s looked upon in a positive way, but we just can’t have a loss leader,” Kornegay said. “We’re not looking to make it profitable, but we’re trying to cover our expenses. We thought this number is fair.”

“We reviewed the contest over the offseason, and the numbers were not really flattering,” Kornegay said. “When we had 400 contestants, it wasn’t that big of a deal. But as it escalated in growth the past four or five years, the costs have really grown.”



Tags: NFL Las Vegas




This blog is closed to new comments.

Visitor Comments:

polarcat99
06/27/2016 2:38 PM
To put that in perspective, we finished tied for a 8th and it came out to a little over 3%. Kornegay and the boys just awarded the westgate a Top 3 finish. Nice job guys.





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