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EasyT
Old 06-28-2005, 09:56 PM     Post subject: MTT Payouts #1 (permalink)  
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 A friend of mine recently went to AC for a tournament and placed ITM. But I was very surprised how much he got paid. Maybe I'm just not used to playing these type tourneys.

The buyin was $100 + $25 entry fee. There were 84 players. There was an add-on after 2 hours, where 55 people paid another $100. They paid the top 9. My friend got 6th.

How much do you think his payout would be?

EasyT.

Is there a semi-standard formula for anticipating how much money, and how many persons, will be paid ?
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Les_Worm
Old 06-28-2005, 10:00 PM #2 (permalink)  
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I'd say somewhere in the ball park of $1,125
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Old 06-28-2005, 10:19 PM #3 (permalink)  
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Old 06-28-2005, 10:21 PM #4 (permalink)  
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Old 06-28-2005, 11:11 PM #5 (permalink)  
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How much was it?
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ensign_lee
Old 06-29-2005, 06:27 AM #6 (permalink)  
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$700, $800.

Half of the prize money($13,900/2 as I see it) is probably going to first place. If it's really top heavy, than a little less than 1/4 of the prize money is going to second. Then the last fourth goes to 3-9th. I'd say $700-$800 would be about right.

How much was it?

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EasyT
Old 06-29-2005, 03:18 PM #7 (permalink)  
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 [Not quite sure why this was moved, but ok.]

My friend got $600. Luckily he only bought in one time, so still had $475 profit. Does anyone think this is skimpy?

Ensign, the winner got $5,400, so 40%.

I was going to go with them, but couldn't at the last minute. They left here at 4:00 am, arived in AC at 9:00 am and played from 10 am to 5 pm. When I found out what he got for his high-place finish, I said I wouldn't be joining them next trip. With the drive, etc, this is simply not worth it, I think.

This is not too far off of what most of you said here. But I would have guessed he would get at least $1,000. I just wondered if I was way off, because I was thinking he should have gotten more money.

Again: Is there some rough formula for knowing about how many people will be paid, and how much?

EasyT
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ZenOffsuit
Old 06-29-2005, 05:39 PM #8 (permalink)  
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Quote:
Originally Posted by EasyT
[Not quite sure why this was moved, but ok.]

My friend got $600. Luckily he only bought in one time, so still had $475 profit. Does anyone think this is skimpy?

Ensign, the winner got $5,400, so 40%.

I was going to go with them, but couldn't at the last minute. They left here at 4:00 am, arived in AC at 9:00 am and played from 10 am to 5 pm. When I found out what he got for his high-place finish, I said I wouldn't be joining them next trip. With the drive, etc, this is simply not worth it, I think.

This is not too far off of what most of you said here. But I would have guessed he would get at least $1,000. I just wondered if I was way off, because I was thinking he should have gotten more money.

Again: Is there some rough formula for knowing about how many people will be paid, and how much?

EasyT
That is a horrible payout. My wife and I played a tourney in AC and she came in the money and got double the buy-in for 13th place.....$240! I think they pay too many places and spread the cash out too thin.
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ensign_lee
Old 07-01-2005, 06:39 AM #9 (permalink)  
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EasyT.

The simple answer to your question is no. Each card room/casino has their own payout structure.

To satisfy tourists, you would want a payout structure that is not top heavy and that pays several places.

To satisfy really serious card players, you would want a payout structure that is VERY top heavy.

So, you have a somewhat happy medium. As far as formulas, I think that first always gets at least 40% of the prize pool, usually more, and that second will usually get half of what first gets. Then, another 20-30% go to the people at the final table and the last 10% goes to the rest of the people. Make sense?

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CBAT
Old 08-29-2005, 05:57 PM #10 (permalink)  
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1: 3000
2: 1500
3: 1100
4: 1000
5: 850
6: 600
7: 400
9: 250

That is what my payout would be, I don't know if that adds up or not, but its close.
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CBAT
Old 08-29-2005, 07:11 PM #11 (permalink)  
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Quote:
Originally Posted by CBAT
1: 3000
2: 1500
3: 1100
4: 1000
5: 850
6: 600
7: 400
9: 250

That is what my payout would be, I don't know if that adds up or not, but its close.
Oh, wow, but there was 5500 more in add-ons! Wow then, thats nothing for 6th!
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