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Club tournament entry fees and payouts

• PoynorRealEstate 4 Posts

  Sat, Apr 29 2017 1:20 PM

  Hello I have a question about creating club tournaments. I have created one and I made the entry fee as free but I also added 100 of my own personal credits for the person that wins. 

  So to get the brass of my question, if I create a tournament and add lets say a 5 credit entry fee and a 100 credit winners pot. When the new participants enters the tournament and pays his 5 credits, who does that 5 credits go to?

  Does it just get soaked up into the game and WGT gets the 5 credits or

  does the person who created the tournament get the credits?

  So If the entry fee is still 5 credits and I have 20 people participate. Does that 5 credits get paid to me since I am the creator of the tournament? I would only think that this would be fair for WGT to give the credits to the creator of the tournament so he could recoup the credits he paid in for the winner of the tournament.

  I would love to hear what everyone has to say and especially the WGT creators of the game and this new update.

  Thank you for looking at my post

  Kelly Poynor

   

• alosso 21,072 Posts

  Sat, Apr 29 2017 10:19 PM

  1) Delete your shameful self-advertising

  2) Look for CC tournaments in the FAQs =>

• jayw4862 3,364 Posts

  Sat, Apr 29 2017 10:19 PM

  It goes into the purse minus WGT's cut, which I think would be 2 credits per...so 10 ppl entering will up the purse to 130. I may be wrong about the cut..all I know is they get some of the entry fee, but any added purse is not taxed (full amount goes in the pot).

   

  May be against T&C to post advertisements. You might want to edit/remove the ad.

• phred952 2,714 Posts

  Sun, Apr 30 2017 2:17 AM

  WGT takes 20% of the entry fees.  80% is paid out to the # of places specified when setting up the tournament.  So at 5 credits, WGT takes 1 credit from each entrant.

• PoynorRealEstate 4 Posts

  Sun, Apr 30 2017 9:48 AM

  I changed it. No need to be a butt. Here is a tissue. 

• PoynorRealEstate 4 Posts

  Sun, Apr 30 2017 9:49 AM

  I changed it. Sniffle