Tourney Percentage of Field Payouts You Prefer (2 Viewers)

[Frogzilla]

There were 620 entrants and first place paid 116K. If you divide that by 3 (to arrive at roughly 200 entrants) first place would get 38K and the percentage of the field paid in that event was 12.5% compared with my version with 20% of the field paid and first still snags 30k

The math doesn’t work like this at all. You’re comparing the payout for the top 0.5% (1 out of 200) to the top 0.16% (1 out of 620). Not ok.

 

[Anthony Martino]

The math doesn’t work like this at all. You’re comparing the payout for the top 0.5% (1 out of 200) to the top 0.16% (1 out of 620). Not ok.

 

[Mojo1312]

Oy vey that's a stretch of an argument. I'm in favor of flatter structures, so I pointed to an event that was using a higher percentage payout structure, which isn't related to the actual format of the tourney. You do realize that the vast majority of tournaments these days are rebuy or re-entry and it's practically impossible to find true freezeouts anymore except larger events like the WSOP Main, right?

Au contraire, they are inextricably linked. You don't really believe otherwise, do you?

 

[Anthony Martino]

Au contraire, they are inextricably linked. You don't really believe otherwise, do you?

A freeze out with 400 entries or a rebuy with 400 entries (each rebuy counts as an entry) is still 400x the buyin

 

[Gobbs]

For home games, I prefer the number of players paid to be based on the number of entries/rebuys/add-ons instead of the number of players.

 

[Beakertwang]

It depends on where I place. Usually, I’d prefer an extra 15-49% of the field be paid.

 

[DeeVee8]

I don't do percentages directly, just the number of Buy-ins. My players always bring twenties. Bad for making change. Tried to keep each payout within 2-3 buy-ins. Interested to hear input.

I have a group of pretty casual players, so I usually flatten the structure to one place for three players.

I've used this one for a more top-heavy payout. Its what I'd like to use, but my group likes to keep it friendlier. Less than 8 is winner take all.

 

[DeeVee8]

There were 620 entrants and first place paid 116K. If you divide that by 3 (to arrive at roughly 200 entrants) first place would get 38K and the percentage of the field paid in that event was 12.5% compared with my version with 20% of the field paid and first still snags 30K

Not saying its right by any means, but a 116k winner looks really good compared to 30k on promotional posters to lure players to the game.

 

[bsdunbar1]

Different answers for home vs casino events.

I prefer 20%-25% payouts for home games (generally 1 to 3 tables max.), but no issue with dropping that down if events are larger.

Prefer 15% for large casino events, with a payout structure that provides incentive to do well (vs min-cash) but not so top heavy that luck determines where most of the cash ends up vs skill.

Any event that is routinely chopped multiple ways is using a payout structure that the players simply don't want.

I didn't read through this whole thread, but @BGinGA what percentages would you use to pay out 6 places in a 27 person field?
For 5 I have used 41%/26/15/10/8

 

[grantc54]

I pay out a larger % of the field, 25-30%, but the first payout rarely gets more than their buyin back.

 

[BGinGA]

I didn't read through this whole thread, but @BGinGA what percentages would you use to pay out 6 places in a 27 person field?
For 5 I have used 41%/26/15/10/8

35/24/17/12/8/4