I think all of these little tours should stop popping up and someone take the sponsor money and start a real tour. Must be a 1,000,000$ a year in sponsor money with all these tours. $1200 for 1st doesn't go far and no one could win 1 per week to make a career. Anyone ever take the time to add up all the money in these little events to get an idea of the total sponsor money?
There are a lot of folks who, for one reason or another, couldn't go to or pay for the bigger tours and the little ones keep them involved, which creates and continues the interest in the game. Without the little tours, the big tours wouldn't be so interesting, because a lot of folks wouldn't care about a game they might not ever have a chance to get involved in. Unlike football, most folks can play pool and enjoy a little competition. Take away the competition and you take away their interest in the game. Who wants to support a game they aren't interested in? (Also, not everyone expects to make a living off the little tours.) So, the little tours have just as much need to exist as the big ones, if not more.