so with the rebuys/redraws, how do you determine the final payout.
In the example you gave, there are over 10k in entry fees for first 2 rounds, with only $3100 payback.
most players want to know how much $$ in pot before entering. It seems like it would be ever changing up until the 32 round, if I am figuring this correctly.
It seems really confusing, but maybe watching it once, or playing it in once for $5 would help me understand.
The final payout is what is listed with a full bracket.
There are not over 10k in entry fees for the first 2 rounds. In the beginning of the tournament of the example above, the total number of Level 1 spots is 1024, Level 2 512, Level 3 256, ... Level 6 32. So for example sake lets say that the first person to buy into the tournament wants to buy in at Level 6 for $160. Then the board displaying the total spots available would look like this: Level 1 remaining-992, Level 2 remaining-496, Level 3 remaining-248, Level 4 remaining-124, Level 5 remaining-62, and Level 6 remaining-31 (Figuring this out early in the tournament is easy, but down the road gets complicated).
There are many ways to determine the final payout. If the bracket does not fill up by the determined cutoff time, the plan is to give the remaining players a couple of options and have them vote.
In general, my opinion is that 1st place should equal about 10x the highest available buy in. Also, I think this format should only pay the first four spots (maybe top 8 or 16 if the bracket size is very large, like a 32678 player bracket or higher). That is why the 1st place payout for the example above is $1600 for 1st place.
The priority is to get 1st place money equal to what is advertised. So the priority would be that all available prize money goes towards 1st place until the 1st place prize is reached. Then the available prize money would go towards 2nd place until that is reached, then 3rd and 4th equally after that. The reason for this is that most people are determining how much they would buy in at for a chance at a 1st place prize.
So for the example above, would you pay $5, $10, $20, $40, $80, or $160 for a shot at a $1600 1st prize, and how many of each level would you buy in for.
So following this line of thinking, it wouldn't be far fetched that if the bracket doesn't fill up, there would be a possibility of there being only 1st place paid, assuming the remaining players vote to do it that way.