I've been around for a long time and I don't think I've ever seen such a goofy payout structure. This ran at a Toledo social club "
HOME OF THE NO ANTE TOURNAMENT" that should have been a warning to those who played as to what you'd be walking into. It was 10k guarantee, 5k guarantee for 1st with a $200 for double bagging. It was a $50 buyin, with $50 rebuys and $20 add on with 20 min blinds. Apparently the joint is only open 4 hrs a day and I guess the final table lasted 3 hrs.
So here it is.
The difference between 1st and 2nd was 90%, if you double bagged you got $200 which was more then 5th place. I don't think I've ever seen such an insane top heavy payout.