Payout Structure
word type: noun
- The system that designates what percentage of the field gets paid as well as what percentage of the prizepool each ITM finisher receives.
For Instance
Take a tournament with a prizepool of $3.8M and 400 players. Often times, this type of tournament will pay roughly 10% of the field (either 36 or 45 players) and something like 20% to the winner, 12% to second place, 8% to 3rd place, and so on.