All that you said is true but when the system changes the payout form SBD to steem you could pay out some of the steem in addition to SBD. What will you do if no SBD is paid but only steem and steem power. In checking out the payout amounts as I am writing this it indicates no SBD will be paid so the winner will get zero SBD. It is your contest and you can do what you want. Good luck with your contest.
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Thanks for playing
Just for your information I contacted someone else who has been paying out in SBD and he is converting the steem into SBD and paying it out. I will stay with that contest.
Okay...