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I'm looking for a payout matrix to help figure out what percent of money goes to each place. Our club pays 20% of field so every 5 boats adds a new place. 15 boats pays 50/30/20 and 20 boats pays 40/30/20/10 does anyone have percent for 25 boats, 30 boats, and so on. Thanks
We use a formula of payout being 1 in 6........
We take 20% off top of entry fee for the classic and "big fish payout.(10%) (10% for classic at end of year) rest is paid out to winners each tournament.
Entry fee is $60.00 per team whether it be 1 or 2 people
25 teams: would pay 5 positions: 460 - 230 - 150 - 100 - 60
30 teams: 6 positions 500 - 250 - 170 - 130 - 90 - 60
:ThumbsUp