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.