Fun idea.
You dont write if the fund managers can bet moneylines. If so, the fund managers who are trailing in the end will have an incentive to bet huge moneylines to catch up and win the 1000 point. As far as I read it, the fund managers doesnt risk anything if the fund go badly.
The fund managers should be either required to buy a large amount of shares in their own fund, or their weekly compensation should be more result orientated instead of just a fixed amount.
EDIT: I just realized it is 1 fund and not 4 funds. However with moneylines the incentive problem still exist, and I actually think the 1000 point reward hurts more than it helps.
Last edited by Pareto; 02-19-14 at 09:08 PM.