How is the prize pool distributed if the guarantee is exceeded?
How is the cash prize distributed if the guarantee of a specific tournament is exceeded?
If the total buy-ins for a tournament exceeds the guaranteed prize pool amount, the remaining prize pool is distributed to the lower seeded players who have reached ITM in increments of double the buy-in.
- For example, in our Satellite to Sunday Red $300 tournament with a buy-in of $30, let's say 25 players registered for the tournament.
- This would mean that the total prize pool is $750 (25 entrants multiplied by a buy-in of $30)
- Since this specific tournament guarantees one Sunday Red ticket per every $300 of prize pool, that would mean two tickets would be distributed to the top two players (because two tickets will add up to $600).
- Therefore, there would be some prize pool money leftover, which is $150 to be exact ($750 minus $600).
- The $150 leftover from the prize pool would then be distributed in multiples of $60, as mentioned above, by doubling the $30 buy-in of the tournament.
- This would mean the next two players will be paid $60 who are ranked third and fourth respectively.
- The remaining $30 would be given to the fifth ranked player.
- In the case of 26 entrants, the prize pool distribution would appear as follows in the specified order: $300 ticket, $300 ticket, $60, $60, $60
- In the case of 27 entrants, the prize pool distribution would appear as follows in the specified order: $300 ticket, $300 ticket, $60, $60, $60, $30