With all the talk about tournaments and where the entry money goes or green fees goes or added money goes, it got me looking around to several different sights that keeps historical records about tournaments just trying to understand more about process of actually collecting and disbursing the funds.
What I have found is that the collection process is pretty much the same for most all of the tours, you can pay to enter up until the tournament starts. Now for sanctioned leagues, its prepaid and most of the tournaments they have are pretty big so that shows me that the prepay can work if its enforced. Not saying thats why they get so many players, but you dont have people not playing because its prepay.
As for the Disbursing of the funds, just dont understand how some tournaments pay out 40% of field, some 30%, some 25%. Then after that is determined, I dont understand how the percentage to place is determined because some of the tournaments looks like they throw darts at a dartboard to decide how to split up the cash.
So my question to the AZB community, does anybody actually have or seen a standardized payout percentage breakdown for payouts for larger tournaments that pay out 32, 48, 64, 96 places? Now maybe I am wrong on thinking this and I am sure somebody will correct me, but it just makes sense from a players perspective and I would think from a promotors/tour/league to have a "standardized" payout system because then both sides know what is going to happen to the money.
Oh yeah, one other thing, the amount of money in the prize fund should not matter to decide the amount of players paid, The only thing that should decide that is the amount of players enter and use a scale percentage which rounds down or up to the closest paying position. For example: if you had 200 players, 30% would be 60' round up to 64 since 60 is closer to 64 than 48, now if you had 180, then you would round down since 54 is closer to 48 than 64.
Stayed up too late and you know what happens, you just start thinking. I guess thinking about this is somewhat productive. At least more productive than thinking "what if I won the lottery". Thanks for reading.
What I have found is that the collection process is pretty much the same for most all of the tours, you can pay to enter up until the tournament starts. Now for sanctioned leagues, its prepaid and most of the tournaments they have are pretty big so that shows me that the prepay can work if its enforced. Not saying thats why they get so many players, but you dont have people not playing because its prepay.
As for the Disbursing of the funds, just dont understand how some tournaments pay out 40% of field, some 30%, some 25%. Then after that is determined, I dont understand how the percentage to place is determined because some of the tournaments looks like they throw darts at a dartboard to decide how to split up the cash.
So my question to the AZB community, does anybody actually have or seen a standardized payout percentage breakdown for payouts for larger tournaments that pay out 32, 48, 64, 96 places? Now maybe I am wrong on thinking this and I am sure somebody will correct me, but it just makes sense from a players perspective and I would think from a promotors/tour/league to have a "standardized" payout system because then both sides know what is going to happen to the money.
Oh yeah, one other thing, the amount of money in the prize fund should not matter to decide the amount of players paid, The only thing that should decide that is the amount of players enter and use a scale percentage which rounds down or up to the closest paying position. For example: if you had 200 players, 30% would be 60' round up to 64 since 60 is closer to 64 than 48, now if you had 180, then you would round down since 54 is closer to 48 than 64.
Stayed up too late and you know what happens, you just start thinking. I guess thinking about this is somewhat productive. At least more productive than thinking "what if I won the lottery". Thanks for reading.
as many payout structures actually injure the game/tournament. The use of “savers”, “splits” and other types of player agreements can sometimes lead to spectators being deprived of the “best” game.