Payout Structures!!!!!(yes AGAIN)

[BlueWolf]

Ok this has been bugging at me for some time, and in light of recent discussions (and mainly to actually make me feel like i DO know what i'm talking about after all). I'm after examples of payout structures used around the UK, I'm also willing to look at online sites structures too.
I'm not opening a discussion here sorry, i saw the last thread and do not want people drivelling on and getting into stupid debates about it. So please can any structures be PM'd to me please. Obviously i'd like opinions on this matter written here, but actual structures by PM.

Any suggestions of structures too would be appreciated, i have a couple i like already but more opinions especially from you the players (its your money after all, as the great man keeps saying), but please keep em serious, no 100% to winner rubbish. I'm lookin at 30-35% max for 1st and a flat basis with a minimum of 2% for 10th (yes 10 places paid). also opinions on amount of places paid in bigger events would be good (in here not by PM) and how much is enough for people returning on 2nd day events.


Please bear in mind that just because i work at the Broadway, doesnt mean that these structures etc will ever be implemented (i can only hope lol) at present this only research.


Regards

Chris

[RED-DOG]

Hi Chris, thanks for taking an interest

I have worked out what I think are fair and reasonable prize structures and handed them in to card rooms for consideration several times now.  On one occasion a couple of years ago at Walsall, Richard, other members of the cardroom staff and I worked out what we thought was a fair structure, and there wasn't more than 2% between the lot of us

To be honest, most online sites already have payout structures that are just about spot on, and lets face it, they handle thousands of times more players than any casino ever could

They have to get it right, and they do!

Ralph (Karabiner) also offers excellent examples in this thread

http://blondepoker.com/forum/index.php?topic=7359.0

It's not difficult to devise a good structure, it is difficult to find someone with the authority and the balls to impliment it

[luckyblind]

This is the payout structure I use at my €250 Monthly Freezeouts:

1st - 30% - €1800 of which was ticket to WSOP Main event 6 man qualifier
2nd - 18%
3rd - 12%
4th - 8%
5th - 6%
6th - 5%
7th - 4%
8th - 3%
9th - 2%
10th-18th - 1.33%

This was for a 215 player field. If you are only paying 10 places then I would use this:

1st - 30%
2nd - 19%
3rd - 14%
4th - 10%
5th - 7%
6th - 6%
7th - 5%
8th - 4%
9th - 3%
10th 2%

[Yogi-Bear]

Do you still know ours altho I may be changing em again. Shortly for a March introduction. I keep knocking 1% of the winners total and spreading it round. Ill Pm them if u need them and ask nicely.

HEHEHEHEHE

Yogi

[londonpokergirl]

pm sent
hiya chris

for 9 man final i pay
1st  35%
2nd 25%
3rd  15%
4th  8%
5%  6%
6th  4%
7th  3%
8th  2%
9th  2%

works pretty good and get more people playing out instead of doing deals.  hope it helps
mel

[dik9]

30% was tried and failed for 1st but this was my 2nd option that never got to see the light of day prizes based on £5000


1st   33   1650
2nd  21   1050
3rd   11   550
4th    8   400
5th    7   350
6th    6   300
7th    5   250
8th    4   200
9th    3   150
10th  2   100

[Pokerron]

Dik - Cant help thinking that your structure will see a lot of deals when they are down to 3 players with no clear chip leader.  £1,083 each.

Using your payout for the lower positions, I'd prefer to see this for the last 3:

1st 30 1500
2nd 21 1050
3rd 14 700

[dik9]

You may be right but 30% just didn't work originally iw was

30% 1st
20% 2nd
13% 3rd

But you wouldn't have believed the opposition it had people wanted the 40% however in a festival  30% 1st is good IMO

[dik9]

This was what texs tears came up with

34   1700
18.5   925
12.9   645
9.5   475
7.1   355
5.4   270
4.2   210
3.34   167
2.73   136.5
2.33   116.5
 

[Pokerron]

Sorry, just read that you tried that, personally I like that payout structure, but its nigh on impossible to please everyone.  I'm fairly cautious and prefer more people to get paid a decent amount, but can understand others who want the top 2 to get paid the lion share, but that tends to lead to deals, which i also dont like (but understand due to the structures!)

I prefer your one below (with 30% for 1st) to the texs tears one.

[dik9]

pm sent
hiya chris

for 9 man final i pay
1st  35%
2nd 25%
3rd  15%
4th  8%
5%  6%
6th  4%
7th  3%
8th  2%
9th  2%

works pretty good and get more people playing out instead of doing deals.  hope it helps
mel

Mel I can't help thinking this is bad for 9 players

75% for top 3 and 8th and 9th the same? Surely you get more deals?

The Broadway was critised for their structure and they paid 10 with 70% going to top 3. (this was meant for normal comps not festivals)

[RED-DOG]

This is the problem, everyone wants to make tiny, 1% adjustments to the sugested structures, whereas implementing ANY of the ones sugested for festivals would be a 100% improvement

[dik9]

Or you could go radical chris

1st   19%
2nd  17%
3rd   15%
4th   13%
5th   11%
6th    9%
7th    7%
8th    5th
9th    3%
10th   1%

That should stop the deals or even the final. But now people will say sod it 10% each and lets get to the cash table sorted

[snoopy1239]

They did it in Luton last year.

I don't recall any1 moaning.

Now they've changed it back and everyone's started moaning again.

Doesn't make sense to me.

[BlueWolf]

sure i said i wanted pm's lol

i like 30% for 1st place (35% max) and dont get me wrong 40% is all well and good for a normal everyday comp if your busy enough, but in festivals it jut looks wrong. I've seen and had to use structuyres that make you cringe with prizes doubling up at certain points.

Obviously your never gonna please everyone (as yogi and Dik found out) and structure changes usually are met with such disapproval and outcry its hard to come out on top. After all its "your " money so if players complain its just easier to change it back to a top loaded crazy structure to avoid confrontation.

But really tweaking 1% hre and there is no good, if i was ever allowed to bring this in (unlikely but i'm workin on it) it owuld have altered our festival payouts massively one guy would have lost 8000 whereas the vast majority gained a decent ammount and it padded out