[NewGuy]

[ QUOTE ]
I definitely just asked a guy on support and he stammered and put me on hold twice...then said he would transfer me...and it disconnected me....I'm trying again. And definitely not ever saying my Account name.

[/ QUOTE ]

Maybe every time they get a call from someone about this, it may boost our odds a tiny bit of someone bothering to look at it.


If anyone agrees Party that underpaid and wants to email Party, feel free to use whatever you like from the email I just sent below


Hello,

Please address this large underpayment for Party Monster Seats.

A large group of players in the 2+2 community agrees that the amount of money paid out as compensation for the Party Monster freerolls was grossly unfair.

The approximate fair / expected value of Monster seat payouts are as follows below.

Executive Summary:

Grand Finale (May 2007) seats value = ~$5,000 (vs $1,800 paid)
Monthly seats value = ~$750 (vs. $350 paid)
Weekly seats value = ~$200 (vs. $100 paid)

Please note that these estimates are based on final prize pool of $14.5 Million and 10,000 weekly Monster seats left outstanding. To the extent there are fewer weekly seats, these values would increase correspondingly.



Payouts (actual vs "Fair"):

What was actually paid by Party:
1,000 Grand Final x $1,800 = $1.8 Million
10,000 Monthly x $350 = $3.5 M
~10,000 Weekly x $100 = $1.0 M

Total Actual Paid = $6.3 Million
Fair Total Payment = $14.5 Million Monster Prize pool

Where did the other $8.2 Million promised to players go?


Detailed Calculation methodology:

Let W$ = Weekly seat $ value
M$= Monthly seat $ value
GF$ = Grand Final seat $ value

- 8,000 Monthly seats -> 1,000 Grand Final seats + $1 Million , therefore M$ = (GF$ x 1,000 + $1,000,000) / 8000 = 1/8 GF$ + $125
- 8,000 Weekly seats -> 2,000 Monthly seats + $100k, therefore W$ = (M$ x 2,000 + $100,000) / 8000 = 1/4 M$ + $12.50.
- Substitute 1/8 GF $ + $125 for M$ into above and you get W$ = 1/4 (1/8 GF + $125) + $12.50 = 1/32 GF$ + $43.75

So to sum up values that we know:
W$ = 1/32 GF$ + $137.50
M$ = 1/8 GF$ + $125
Total Prize Pool = ~$14.5 Million
# of Grand Final seats outstanding / to be paid = 1,000
# of Monthly seats to be paid = 10,000 (9 weekly qualifiers x 2,000 – 8,000 for 1 monthly run)
Weekly Seats outstanding / to be paid = ?

Formula for total prize pool distributed should be:
Total = Grand Final seats * GF$ + Monthly seats * M$ + Weekly Seats * W$

$14,500,000 = 1,000 * GF $ + 10,000 * (1/8 GF $ + $125) + WeeklySeats * (1/32 GF $ + $43.75)

Solving for GF $, we get:
$14,500,000 = GF$ * (1,000 + 1,250 + 1/32 WeeklySeats) + $1,250,000 + WeeklySeats * $43.75

$13,250,000 - WeeklySeats * $43.75 = GF $ * (2,250 + 1/32 * WeeklySeats)

GF $ = ($13,250,000 - WeeklySeats * $43.75) / (2,250 + 1/32 * WeeklySeats)


Final calculation
Plugging in a value of WeeklySeats = 10,000

Grand Final seat value = ($13,250,000 - $875,000) / (2,250 + 10,000 / 32) = $5,000
Monthly seat value = $750
Weekly seat value = 200

If weekly seats outstanding are only 4,000, then we get
Grand Final seat value = ($13,250,000 - $875,000) / (2,250 + 4,000 / 32) = $5,505
Monthly seat value = $813
Weekly seat value = $216

If weekly seats outstanding are 20,000, then we get
Grand Final seat value = ($13,250,000 - $875,000) / (2,250 + 20,000 / 32) = $4,304
Monthly seat value = $663
Weekly seat value = $173