Tournament Structure Pay-Out Advice?

SteelDoor

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I run a 36 person Tournament every Monday is my home town it just keeps growing.
Its a $40 Buy-In with Unlimited Re-buys for the 4 levels
22K starting stack - and $20 get you 25K for the Add-On (Everyone adds on)
Usually end up with between $3,200 to $3,800 in the pot.
Each stack starts with (38) chips and blind levels start at 100-200

How many spots would you payout on this structure.
I currently pay 6 spots knowing the table will agree to a $100 bubble
34% to 1st
24% to 2nd
17% to 3rd
12% to 4th
7% to 5th
6% to 6th

Any thoughts?
 

Mojo1312

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The game is thriving, why change the pay-out structure?

Curious, how is the $100 bubble paid?
 

tabletalker7

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36 people tells me 4 tables. Standard rule of thumb is one payout position per table.

50% first
25% second
15% third
10% fourth.

If people complain about the lower number of payouts consider adding a bounty.
 

SteelDoor

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The game is thriving, why change the pay-out structure?

Curious, how is the $100 bubble paid?

I calculate the pot two ways every time.
With and without the Bubble
After 7 months the has never not been a bubble...
But if I put in a 7th place I know some will still push for a bubble... :)

36 people tells me 4 tables. Standard rule of thumb is one payout position per table.

50% first
25% second
15% third
10% fourth.

If people complain about the lower number of payouts consider adding a bounty.
Interesting...
No one has ever complained...
But I'll keep that advice in the holster
 

Mojo1312

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36 people tells me 4 tables. Standard rule of thumb is one payout position per table.

50% first
25% second
15% third
10% fourth.

If people complain about the lower number of payouts consider adding a bounty.

So in a single table tournament the winner takes all?
 

upNdown

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Paying ten percent of the field seems pretty standard. Fifteen percent has gained traction in some larger field events.
but it’s your tournament, do what you want. I know a lot of people like pay pay deeper into the field for home tournaments, because it’s a friendly sort of game.
 

SteelDoor

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Paying ten percent of the field seems pretty standard. Fifteen percent has gained traction in some larger field events.
but it’s your tournament, do what you want. I know a lot of people like pay pay deeper into the field for home tournaments, because it’s a friendly sort of game.

Yes...
Friendly is part of the atmosphere...
Plus - 1,000 to 1,200 for 1st is always fun !!!
 

BGinGA

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Paying six spots in a 36 player event is reasonable (16.7%). Personally, I'd go with the following payout percentages, rounded to the nearest $5:

1st -- 33.8%
2nd -- 25%
3rd -- 17.6%
4th -- 11.8%
5th -- 7.4%
6th -- 4.4%

(3 5 8 12 17 23 / 68)
 

SteelDoor

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Paying six spots in a 36 player event is reasonable (16.7%). Personally, I'd go with the following payout percentages, rounded to the nearest $5:

1st -- 33.8%
2nd -- 25%
3rd -- 17.6%
4th -- 11.8%
5th -- 7.4%
6th -- 4.4%

(3 5 8 12 17 23 / 68)

Thank You...
I guess I don't understand
3 5 8 12 17 23/ 68
 

BGinGA

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Thank You...
I guess I don't understand
3 5 8 12 17 23/ 68
It's a modified 1-3-6-10-15-21 sequence for paying six places (starting at 3 vs 1 increases 6th-place payout). Divide each number by sum of digits to get payout percentages.

Results in each pay increase being larger than the previous one.
 

Papasatyr

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I would pay out about a third of the players. If I play in a particular casino or home game and fail to win three times in a row, I find some other home game or casino.
 

ZenWookiee

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It's a modified 1-3-6-10-15-21 sequence for paying six places (starting at 3 vs 1 increases 6th-place payout). Divide each number by sum of digits to get payout percentages.

Results in each pay increase being larger than the previous one.
Just out of curiosity, where does the 68 come from?
 
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