Quote:
Originally Posted by FromACtoLV
Both were guarantees and both had overlays
Tuesday 1k guarantee. 18 runners $50 buy in $33 + $7 + $10 bounty... 5 got paid
Thursday 2k guarantee 27 entries $65 + $10, no bounty. 3 got paid.
Great question. In the case of an overlay in our guaranteed tournaments, we pay out the prize pool as if enough players had entered to make the guarantee.
On Tuesday's event, with a $1,000 guarantee, we need 35 players to enter to make our guarantee. The amount from the buy in that goes to the prize pool is $29.
On Thursday's event, with a $2,000 guarantee, we need 34 players to make our guarantee. The amount from the buy in that goes into the prize pool is $60.
Our prize pay out structure jumps to 5 players from 3 players once there are 35 players.
I hope this answers your question.
Raye