Prize Payouts

M

mnShooter

AzB Silver Member
Silver Member
Is there a standard percentage used to calculate the payouts for a 32 or16 person tourney? I suppose some tournaments pay more towards first and others spread it out more evenly.

Lets say we have the following tournament.

32 Players-Payout 1/4 of field $2000 total payout $50 entry $400 added.

1 30% $600
2 20% $400
3 15% $300
4 10% $200
5 7.5% $150
6 7.5% $150
7 5% $100
8 5% $100

Do these payouts look appropriate?
 
"Appropriate" isn't a term I'd use - it's really up to the TD(s) how they want to structure a tournament's payouts. That said, what you laid out looks fine to me. Some folks would weight it more on the top end, others will spread it out more, etc. It's a matter of preference.
 
That payout looks good IMO. The local tourneys I run are $10 entry fee with 50% added are like that. 1st - 140, 2nd – 110, 3rd – 80, 4th – 60, 5th & 6th – 30, 7th & 8th – 15


There was a website set up by Ed Mercer that had a lot of info about tourneys, payouts, bye placement and charts. I thought it was www.poolplayers.com, but it doesn’t look right. Can someone help me with the correct name of the site.

Rick
 
The website is playpool.com

And in the playpool.com downloads section there is an excel spreadsheet that calculates tournament payouts. Its called playpoolcalcs.xls. I highly recommend people download it and give it a try.

Besides calculating tourney payouts, it also creates round robin schedules (for up to 50 teams, great for setting up leagues) and estimates how long a single and double elimination tournament will take depending on the number of players and tables available.

Now to address your question I would say your payouts look O.K., but I see some things that I would change. See my discussion below for how I like to see payouts created. It was from a 2001 post to rec.sport.billiard.

By the way, I have a fair amount of experience running tournaments as I ran probably 200 Billiard Congress of Wisconsin tournaments including 7 state championships.

------------------------------------------

---------- Forwarded message ----------
From: "Ed Mercier" <emerc...@execpc.com>

1. The money in a given position should never be any more than double the money in the next lowest position.
2. The lowest paid spot should return at least the players entry fee.
3. In general roughly 1/4 of the field should get in the money. In our
tournaments we tend to payout"up to 1/4 of the field." What I mean is if
there were 54 players in a double eliminationtournamentwe wouldpayout12
spots. We wouldn'tpayoutone more position (13 - 16th) because 16 is
greater than 1/4 of 54.
4. A person should never have to play another match once they can no
longer win thetournament. What this means is if you are playing a single
elimination tournament, 3rd and 4th place should be the same money. They should never be asked to playoff to see who ended up in 3rd, and who ended up in 4th.
5. Once you are in the cash, every additional win should be worth more
money than the last win. In other words the payouts should go up by a
greater dollar amount as you get further along in thetournament.

Lastly, when we run tournaments, we create a tournament payoutchart ahead of time, that includes all thepayoutamounts for the full range of players that we expect to show up. It makes it very easy when questions arise to just point at the pre-prepared sheet and say, "see, with 54 players, here are the payouts..." Maybe the player still won't agree that thepayout makes sense, but they can't accuse you of trying to pull a fast one on anybody.
 
Suggestion

If you do a search for 'InGen' software, and then go download the program,
you get to do 5 trial tournaments on it FREE. In its definition for a tournament, it has the standard payouts for the number of players in the tournament. It can do from 8 up to 64 players.

You can override the standard payouts, but it gives the percentages, and you tell it how much money to be paid out, and it calculates what each place should be paid.

The software, in my opinion, offers much power, for only $40.
 
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