Esports Tournaments and Prizes

Lyokohero·Jul 13, 2014·1 votes·1,306 views

Greetings Summoners!

I am currently working on a competitive Esports website that has successfully hosted many CoD tournament and we are now branching out to LoL. We are going to be launching with a series of tournaments and ladders for the community. We have an idea for a league that will last 2 to 3 months, at the end of the season/league the top 32 teams will compete in a single-elim tournament for cash and or prizes. We also have a wager system in place to allow teams play against eachother for cash.

We are also looking to the community for ideas. Do you guys have anything you would like to see in particular? Any and all input will be taken into account. We want to provide a great competitive venue for all of you guys!

Cheers!

5 Comments

ThornnnJul 13, 20141 votes

Not sure if adding a Wager System would be a good thing. The idea may sound fine but there's alot of legality liabilities issues with that.

I used to enter myself in Bowling Leagues (for Cash) that had a wager program and with that, i had to sign a contract that you legally (if you wanna save your @** in the long run as a company/League). With that contract i was no longer illegible to receive any sort of Bowling Scholarship going into college if i were to choose to persue that career, for life. I knew i wasn't going to pursue a bowling career even tho i have relatives that have made it to the professional level, so i signed away. Luckily my gambles payed off, i won nearly $1K (spending only $150, $850 profit). But that's the thing, a Wager is a Gamble. Gambling without a legal means to doing so can lead you to a long time at the court office.

If you do in fact get the paperwork in order, You may risk everyone's ability to pursue a possible e-sports scholarship in their future, so keep that in mind.

Now im no Lawyer, it could be different with E-Sports and my experience in Bowling. So this comment is just an opinion, just sharing my view and concerns

LyokoheroJul 14, 20141 votes

The wager system will consist of putting up credits you purchase from the site. These credits can be used to enter tournaments, ladders, and eventually prizes. This wager system is legal because of Skill-based gaming. It is not gambling. There are only a few states that consider it to still be illegal. We have created a system that will not let people from those states participate.

Thank you for bringing that point up! We don't want to ruin anyone's chances of getting scholarships, that is why we have other things planned. Like amateur leagues and tournaments.

If you have any other ideas or concerns we will love to hear them!

ThornnnJul 14, 20141 votes

Awesome! lol Glad to hear, sounds good :) Thanks for the reply