Californicationdude wrote:
but does anyone know the the typical number of players at these 30k guarantee tournies and how may finish places pay...?
only final table players paid..?.....top 3...?...winner take all..?
just curious.
thank you.
For a $300 tournament with 30k guaranteed they want 100 players. The $30 is just the vig that goes to the house to pay the dealers and run the tournament. If they get less than 100 players the casino/house must come up with the money because they made the guarantee; it is called an overlay. However, they will usually get more than the 100 players and the prize pool will rise. For example, if they get 200 players it will be a 60k prize pool.
As to payouts; in general, 10% get paid. For 100 players they would probably pay only those who make the final table. Also, most of the money will be concentrated in the top 3 spots. The house will have a sheet listing how they make payouts etc.