Riverside payout question...

[TheCrankyMouse]

I was just looking at the results, and the complete payout amount is $9,500. At 128 players at $75 each (no late fees included), the total money from entry fees would be $9,600... If they're adding $10,000 in addition to the $9,600 from entry fees, wouldn't the payout be a lot more?

 

[trainer]

recount

I was just looking at the results, and the complete payout amount is $9,500. At 128 players at $75 each (no late fees included), the total money from entry fees would be $9,600... If they're adding $10,000 in addition to the $9,600 from entry fees, wouldn't the payout be a lot more?

After checking the payouts on race to 11.com, 16,700 was payed thru 32 places..I would suggest you recount..
Terry O.

 

[jazznpool]

If this was true it gives new meaning to green fees!

Martin

I was just looking at the results, and the complete payout amount is $9,500. At 128 players at $75 each (no late fees included), the total money from entry fees would be $9,600... If they're adding $10,000 in addition to the $9,600 from entry fees, wouldn't the payout be a lot more?

 

[JoeyInCali]

I think the owner of Shooters, Bill, who donated $10,000 to the tournament in honor of his mother passing, deserves more praise for holding the tournament.
Thank you to Bill and his manager Alex for holding a great annual tournament.

 

[TheCrankyMouse]

thanks

for setting me straight and sending me back to elementary school! Has it always been $10,000 added?

 

[frankncali]

I think the owner of Shooters, Bill, who donated $10,000 to the tournament in honor of his mother passing, deserves more praise for holding the tournament.
Thank you to Bill and his manager Alex for holding a great annual tournament.

I am going to agree that its great for Bill to host the event but its not exactly
donating 10,000 when you get money back out of it. I enjoyed the event and think it was very well run but was a little surprised at the final payout.

I do like paying the top 32 and it seems like they were payed pretty good.
I think Bill also pays the top C player and top Female as well. Not sure if he did this in this years event. Maybe just the ones every two months.

 

[LastTwo]

After checking the payouts on race to 11.com, 16,700 was payed thru 32 places..I would suggest you recount..
Terry O.

Why should he recount? He multiplied the entry fees x128 and he came to the correct conclusion. You are correct about the total amount paid out.

With all the entry fees payed plus the added money, there should have been $19,600 added to the tournament. If you add up all the payouts, only $16,700 was payed out. If you ask me, $4,000 1st prize for an event with that much added and such a high entry fee is pathetic. It should have been at least 6 or 7 thousand. And it could have been if all of the money was accounted for. I suppose the poolroom needed to make money off of the event somehow...