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View Full Version : Payout percentages at tournaments ?



Photoguy
01-07-2004, 04:23 PM
Just curious, are there pretty standard payout formulas that most tournaments use? How far down do most payout?
Say in a field of 64, about how many should expect to get their entry fee back? Thanks.

woody_968
01-07-2004, 05:41 PM
I dont know that there is really a standard, but when I was running tournaments I always tried to pay about a quarter of the field. Keep in mind that these were faily small tournaments, usually no more than 32 players. I suppose some might to pay more places in the bigger tournaments.

I guess the one Im going to this week end has opened the field up past 128 /ccboard/images/graemlins/grin.gif Ill try to pay attention to how many places they pay. Not that Ill be getting any of it LOL.

Tom_In_Cincy
01-07-2004, 06:55 PM
I always payout 25% of the field.

with 50-64 players I pay down to 16th place and they usually get more than their entry fee.

I found that this payout chart is very close to the standard payout structure for 25% of the field.

Payout % chart (http://www.thebilliardstour.com/payouts.html)

pooltchr
01-08-2004, 06:46 AM
I always try to pay approximately 25% of the field with the lowest paying position getting at least their entry fee.

PoolFan
01-08-2004, 09:40 AM
25% of the field is norm for amateur events. When there is a bigger money added like at Pro events, it's not uncommon to se 50% of the field getting paid.

My idea on on calculating payout is work from bottom-up. Determine how much you want the last place in the cash to make and then determine the next place up.

Rule of thumb that I like to follow is this. Always make sure that once a player is in the money, they are playing for more money in each round.

For example, at the UPA Atlanta Open this year the payouts were

1st $8,000
2nd $4,000
3rd $3,000
4th $2,520
5-6th $2,000
7-8th $1,700
9-12th $1,000

The difference between 5th and 4th is $520 and when you play for 3rd, it's $480. Worst is when you play for 7th place, you are playing for $700 then when you play for 5th, you are playing for $300.

Try to ensure that each round the player is shooting for more money.

Photoguy
01-09-2004, 02:41 AM
Thanks guys. It was very helpful. I appreciate everyone's response.

Photoguy