View Full Version : Payout percentages at tournaments ?
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.
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.
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)
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.
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
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.
01-09-2004, 02:41 AM
Thanks guys. It was very helpful. I appreciate everyone's response.
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