Regular Tournament Payout Structure (Top 10)
Total Payout Per Event: $20,000
- 1st Place: $10,000 (Guaranteed)
- 2nd Place: $3,500 (Guaranteed)
The remaining $6,500 is divided among 3rd–10th places proportionally.
Place | Payout | Percentage of Remaining Pool ($6,500) |
3rd | $1,500 | 23.1% |
4th | $1,000 | 15.4% |
5th | $900 | 13.8% |
6th | $800 | 12.3% |
7th | $700 | 10.8% |
8th | $600 | 9.2% |
9th | $500 | 7.7% |
10th | $500 | 7.7% |
Breakdown of Total Payout:
Position | Payout Amount | Notes |
1st Place | $10,000 | Guaranteed |
2nd Place | $3,500 | Guaranteed |
3rd–10th | $6,500 | Divided among the remaining top 10 places. |
Championship
Here’s the payout structure for the Championship:
- Total Entry Fees: $30,000 (100 boats × $300 entry fee)
- 1st Place: Vexus Boat (valued at $36,000)
- 2nd Place: $15,000 (50% of total entry fees)
- Remaining Prize Pool: $15,000 (to be distributed among 3rd to 10th places)
Payout Breakdown for 3rd to 10th Places:
Place | Payout | Percentage of Remaining Pool |
3rd | $3,000 | 20% |
4th | $2,700 | 18% |
5th | $2,400 | 16% |
6th | $2,100 | 14% |
7th | $1,800 | 12% |
8th | $1,500 | 10% |
9th | $900 | 6% |
10th | $600 | 4% |
Summary:
- Total Payout: $30,000 (excluding the value of the Vexus Boat)
- The prize pool remains allocated to reward the top 10 finishers, with a significant focus on the 1st and 2nd place rewards.
Note: Operational costs and other expenses are assumed to be covered separately, as this structure allocates 100% of entry fees to participant payouts.