Hi guys
Im looking at running a Calcutta auction for my friends in Australia. How calcuttas work are here
https://en.wikipedia.org/wiki/Calcutta_auction
Il be doing mine in a private facebook group, with one new auction every day in a new chat thread. If 24hrs elapses without an increase in the bid for each team, that auction is "won" by the bidder. Multiple auctions can be going on at any one time.
Bids will start with the top teams and move slowly down the list to the higher equity teams (for both the title, and for relegation).
If anyone is interested let me know, and if we want to run a similar one for the forum we can (as a silent auction instead with people PMing me their picks, and every day having a new team up for auction etc...) I won't play in that case, and Il find a trustworthy person to hold the funds in that case.
Also, if anyone thinks any of the base prices are out let me know (if a team is not bid for, I will pick them up for the base price). I am in the process of doing the same for a Game of Thrones Auction, which has been insane ($400 base price for 43 characters total, pool projected to each $18k)