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20% discount DOES reduce prize pool

Posted By: Dan Pelton
Date: Tuesday, 10 February 2009, at 5:46 a.m.

In Response To: 20% discount DOES reduce prize pool (Gregg Cattanach)

I did receive an email this evening from Chiva who gave me the same information as in Greg's previous post, ie.

champions: entry + registration. $500 - 20% = $400 out of which $330 go towards the prize pool

intermediate: entry + registration : $200 -20% = $160 our of which $110 go towards the prize pool

beginners: entry + registration: $60 - 20% = $50 outof which $40 go towards the prize pool

The 20% discount is a method that Chiva is using to be able to sell 200 room nites. At less than 200, the fees for the playing room increase substantially.

i did some research on other tournaments that the WBA has organized, and found that the pre-discount rake percentages to be comparable for the US Open and Portugal Open. Here's the comparison:

US Open Portugal Open

Championship $70/$500 = 14% 100euro/600euro = 16.67%

Intermediate $50/$200 = 25% 75euro/300euro = 25%

Consulting Doubles - 85% return 80% return

Perhaps someone with more information could share it for other tournaments.

I hope this helps clarify the issue.

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