|
Payouts  Check Out for these signs These buttons will be on the tournament detail and please note below the difference in payouts as per High or Deep Payout as described below! Payouts 50% Payout of Field The top quarter of the field (0-25%) ALWAYS earn a cheque for at least 100% of their entry fee, with last place in the top quarter equal to the entry fee. Additionally, the majority of the remaining purse is distributed to these players by performance. The next quarter of the field (25-50%) ALWAYS earn a cheque for at least 1/3 of their entry fee plus a portion of the remaining purse is distributed to these players by performance. 40% Payout of Field The top 20% of the field ALWAYS earn a cheque for at least 100% of their entry fee, with last place in the top 20% equal to the entry fee. Additionally, the majority of the remaining purse is distributed to these players by performance. The next 20-40% of the field ALWAYS earns a cheque for at least 1/3 of their entry fee plus a portion of the remaining purse is distributed to these players by performance. Please download Deep Payout example below When you see this button on the tournament screen, the payout will be 25% of the field. This means the 1st prize and other places pay out higher than Deep Payout! 25% Payout of Field The top 25% of the field ALWAYS earn a cheque for at least 100% of their entry fee, with last place in the top 25% equal to the entry fee. Additionally, the majority of the remaining purse is distributed to these players by performance. Please download High Payout example below How much of the Entry Fee goes towards the purse? As much as possible. The IGTGolf Tour has a formula to determine how much to charge for each event based upon: 1. Our First Place Guarantee 2. Between 30% and 50% of the field earns a cheque payout 3. The cost to run the event Between 40% and 60% of the Entry Fee goes into the purse. For special single and multiple day events the purse contribution may be higher. 
|
|
|
