tournament payout structures

[AdamM]

here's my ideal payout for under 100 runners and examples based on a pool of 7500, not unknown for a thursday or sunday at Notts.
30% = 2250
16% = 1200
13% = 975
11% = 825
9% = 675
7% = 525
5% = 375
4% = 300
3% = 225
2% = 150
The dealer / valet costs would have to come off more than just the top 1 or 2 though like it does now. probably how Smithy suggests it take it of all prizes so say its 200 you'd reduce each prize by 20.
Perhaps the card room managers could tell us how they currently chop up 7500.
other suggestions?

[RED-DOG]

That structure would get my vote Adam

[Yogi-Bear]

Badly in most cases

HEHEHEHEHE

2% 2.5% 3% 3.5% 4% 5% 6.5% 12% 21% rest40% ish.after rounding up the others. Top Heavy I know. Was gonna run with the festival payout with winner getting 35% but didnt like it.

Still i'm on holiday now. Thats when I do most of my work.

Yogi

[AdamM]

so that'd be
3000
1575
900
490
375
300
260
225
190
150

That's about the SP but you're right, top heavy. no wonder top 4 or 5 want to chop it

[Junior Senior]

I think you should get 35% for winning.

1 - 35
2 - 18
3 - 11
4 - 9
5 - 7
6 - 6
7 - 5
8 - 4
9 - 3
10 - 2

[Yogi-Bear]

seems reasonable.

Around what we used for the festival.

But I think we took too much off for the 11th-20th prizes.

Still we live and learn

Yogi

[Nightfly]

Funnily enough 7500 was left for last ten at Notts last night

Position   %   Official Prize Actual Prize Actual %
1st   40%   3000    1900    25.3%
2nd   20%   1500    1900    25.3%
3rd   10%   750    1450    19.3%
4th   7.5%   560    560    7.5%
5th   6%   450    450    6.0%
6th   5%   375    375    5.0%
7th   4%   300    300    4.0%
8th   3%   225    225    3.0%
9th   2.5%   190    190    2.5%
10th   2%   150    150    2.0%

Quite Flat at the top

and incidentally Sunday has been known to make 11.5K

PS sorry about the alignment problems

[Karabiner]

Why should 10th pay the same towards the valets as 1st ?

I would be happy to pay considerably more if I were the winner.

Surely the logical move would be to structure the tips too.

What is Smithy's case ?

 

[tikay]

This is a a subject that can arouse strong emotions Karabiner. I am in your camp on this one, most folks are I suspect.

But greed does strange things to folks. Sometimes the chip leader objects to sharing what he assumes is going to be "his" money - that's when the Poker Gods usually intervene & bust them early!

Dave Smith takes the view, when he Finals deep stacked, that the money should be spread across all 10 spots. I doubt if I have had two arguments - I mean nasty arguments - since I started playing poker, but one of them was with Dave when we both finalled one night. He started shouting & screaming & effing & blinding at me - because I had a different view to him. Nothing like debating maturely, eh? I retorted well there are 10 folks at this table, lets vote. 8 voted with me, so 9-1 in my favour, but still the argument continued. The other lads were not really able to stand up to Dave, but I was not gonna be pushed around, & I was fighting the case for the whole table. And I don't allow anyone to address me in the manner he did. Dave, to his credit, apologised the next day.

It's not a case of who was right, it's that adults should be able to debate in a sensible way without resorting to shouting obsceneties & spluttering & banging the table.

So I was discussing prize structures with the long suffering Rob the other day - jeez, that fella really is trying hard - & he mentioned that "Dave would not like it". It's as if he is worried about upsetting Dave. I just said "Rob do what YOU think is right, end of story" And I think he will.

[snoopy1239]

What do people think on the massive gap between 1st and 2nd?

[tikay]

What, 40% - 20%? They hate it with a vengance - well the MAJORITY do. And I dont need to make the case - the fact that 80% - maybe more - of the comps with that structure end in a chop or business proves it.

If we keep hammering away at this point, just like a dripping tap eventually fills a bath, the casinos will eventually listen to us.

When all is said & done - after me, in chorus please - IT'S OUR MONEY.........

[Ironside]

tikay if it was a cash game then the winner would get 100% 2nd should feel lucky to get 20% and the rest happy that the winner is giving 60% back to people he busted

[Karabiner]

What do people think on the massive gap between 1st and 2nd?

I'm with Snoopy here.

I think maybe 30% for first and 20% for 2nd would be a better starting point.

After all we are proposing playing these out.

That suggests that we are needing MUCH flatter structures.   

[RED-DOG]

tikay if it was a cash game then the winner would get 100% 2nd should feel lucky to get 20% and the rest happy that the winner is giving 60% back to people he busted

And if it was a bank robbery the bad guy with the gun would get all the money, but that wouldnt be fair either

[jbsc7769]

Just a general query.
Why does the Dealer / Valet money come off the prize pool anyway?
I know I used to give Margaret at least 6 or 7 in 'tips' anyway. On top of this, surely she is being paid by the casino? I would imagine that she is earning more than many factory workers could dream of and only working four nights a week (maybe she does more now but still, that would be more money!)
I know the next comment kind of takes us back in a circle to another string (or probably several), but if we are paying the dealers anyway, why not just put that towards "real" dealers. In fact forget I said that, it always creates strong feeling.
My thoughts are, the Poker players put a lot of money into the casino, both before and after we / they are knocked out of the tournament.
This is not aimed as negative comment towards Gala in any shape or form, I love the place but something I have said before, they have their way of doing things, if other proffer suggestions in a constructive manner, they may make changes.