Originally Posted by esquiredu
First, I have been impressed by and continue to be impressed by Choctaw Casino and how effectively they run tournaments. So, I'm not here to criticize, but I'm here to either point out an error or learn how the prize distributions are actually calculated. The difference, to me, is somewhat negligible but still there appears to be about 1K missing from the prizepool.
517 x 200 = 103,400
Minus 3% for staff that was expressed on the structure sheet, $3102, therefore a total prize pool of $100,298 is accurate.
HOWEVER, then when I add up all the prize distributions, the total is only 99,372?
I'm certainly not trying to say that there is something nefarious afoot, but the 5% payout really confuses me and the 3% rake didn't seem to be taken from the only other result list that I compared which was the final ring event of the $365. Of course, I double checked the structure sheet and noticed that it did not specify a 3% staff withholding, as the 250/100K.
Really, I'm just trying to learn how prize distributions work as I delve deeper into this world that I love! Truth be told, while I final tabled, I ended up being down over the past couple of weekends overall. So, even though, I probably shouldn't have I just felt compelled to tip the dealers, even though, I was ultimately down over the course of the series. I didn't tip much, just 26 bucks of my 1826, but still, I did tip. I guess, I wouldn't have double checked anything, except the payouts seemed to be a lot different from the other 100K's I've entered, of course those could've had many more entries, etc.
Just trying to understand...