64 players, paying 16 places, (25% of the field). $1,000 tournament purse/entries

[JoeyA]

What percentage would you pay out to each place?
JoeyA

 

[The_JV]

Lets assume a $20 entry ($4.40 going to green/admin fees)

1st: 30% = $300
2nd: 20% = $200
3/4: 9%ea = $90
5/8: 4%ea = $40
9/16: 2%ea = $20

It helps to know entry so the bottom finishers can get at least their money back

 

[fjk]

Your preference depends on who you are. Filler, Gorst and SVB want top heavy. Lesser pros want more evenly distributed. Dead money that just enjoys playing doesn't care.

 

[ChrisinNC]

Lets assume a $20 entry ($4.40 going to green/admin fees)

1st: 30% = $300
2nd: 20% = $200
3/4: 9%ea = $90
5/8: 4%ea = $40
9/16: 2%ea = $20

It helps to know entry so the bottom finishers can get at least their money back

If it’s a double elimination format, 9-12 is one match further than 13-16 on the one-loss side. I would only pay out as deep as 9-12.

 

[trob]

First place gets half the money..last place gets their entry fee back and then break it up evenly for everyone in between.

 

[The_JV]

First place gets half the money..last place gets their entry fee back and then break it up evenly for everyone in between.

When I was doing the math I started with 1st getting half but pushing payouts down to 16 players made everything far to small.

If first is 500 and the last 8 get 20 that = 660, and 7 players splitting 340. That's too little to reward 2nd appropriately and 6 others.

The only thing working in favour of the short prizes is the low entry fee. No one should be expecting great returns on a $20 tourney imo.

 

[trob]

When I was doing the math I started with 1st getting half but pushing payouts down to 16 players made everything far to small.

If first is 500 and the last 8 get 20 that = 660, and 7 players splitting 340. That's too little to reward 2nd appropriately and 6 others.

The only thing working in favour of the short prizes is the low entry fee. No one should be expecting great returns on a $20 tourney imo.

And you shouldn’t expect to get paid for playing bad. Kind of like the all kids get a trophy. If you run a 16 man tournament like I used to. First place got $160. That makes it worth while to win lol 2nd got $80. 3rd got $60 and 4th got their money back. People were happy with it but it’s your tournament. Do what you want