This event has around 800 to 1,000 entries at $75 a pop.
That equals around $75,000 in the prize fund(that is without any money added.)
How is it possible that the first prize is only $5,000.That is less than 10%.
It should be at least $15,000.
Let's say the organizers take out one third of the total money $25,000,which would be criminal,that still leaves $50,000.
First place should still be about 30% which is $15,000.
What is going on with this event,every year it gets bigger but the prize money doesn't.
That equals around $75,000 in the prize fund(that is without any money added.)
How is it possible that the first prize is only $5,000.That is less than 10%.
It should be at least $15,000.
Let's say the organizers take out one third of the total money $25,000,which would be criminal,that still leaves $50,000.
First place should still be about 30% which is $15,000.
What is going on with this event,every year it gets bigger but the prize money doesn't.