clh121787 Posted April 14, 2023 Share Posted April 14, 2023 What’s a good pay out formula for a local tournament 100% payout 1 spot paid for every five entries. 30$ buy in. How would the pay percentage adjust for every additional paid place. example 100% for 1 paid place (bad turn out) 70/30 for 2 paid places (10-14 entries) 60/40/20 for 3 paid places (15-19 entries) Etc. does anyone have a good proven method ? I’m gonna start putting on a working man’s and want something that’s fair and that works. Quote Link to comment Share on other sites More sharing options...
Logan S Posted April 14, 2023 Share Posted April 14, 2023 If the number of boats is that variable, then adjusting for # of entries make sense. Paying 1 place per 5-7 boats is what I've seen the most. You didn't mention a lunker pot...Can either take a buck or two from each entry and hold that as the lunker pot or have a separate buy in for lunker. I prefer holding a small amount from each entry so that it's consistent tournament to tournament and not dependent on people buying in...But both methods are common. We have a pretty consistent 15-20+ boats so we have a fixed 3 places paid, 50/30/20 on the percentage. We take $2 from each entry for the tournament lunker pot and another $2 from each for the year-end classic pot, so the placement payout is 50/30/20 of the pot after those deductions. Quote Link to comment Share on other sites More sharing options...
clh121787 Posted April 16, 2023 Author Share Posted April 16, 2023 On 4/14/2023 at 7:57 AM, Logan S said: If the number of boats is that variable, then adjusting for # of entries make sense. Paying 1 place per 5-7 boats is what I've seen the most. You didn't mention a lunker pot...Can either take a buck or two from each entry and hold that as the lunker pot or have a separate buy in for lunker. I prefer holding a small amount from each entry so that it's consistent tournament to tournament and not dependent on people buying in...But both methods are common. We have a pretty consistent 15-20+ boats so we have a fixed 3 places paid, 50/30/20 on the percentage. We take $2 from each entry for the tournament lunker pot and another $2 from each for the year-end classic pot, so the placement payout is 50/30/20 of the pot after those deductions. We’ll do optional big bass 10$ buy in. What scales does your club use ? Quote Link to comment Share on other sites More sharing options...
Logan S Posted April 16, 2023 Share Posted April 16, 2023 15 hours ago, clh121787 said: We’ll do optional big bass 10$ buy in. What scales does your club use ? We have a basic tabletop scale we got from BPS that's works well. We've also used handheld scales too. Any modern digital scale, tabletop or handheld, will do the job for this type of event. The only one I would stay away from is the Brecknell handhelds that you see MLF use...They are probably the worst scale we've ever used for weighing fish (and we've used a bunch). 1 Quote Link to comment Share on other sites More sharing options...
clh121787 Posted April 16, 2023 Author Share Posted April 16, 2023 Interesting I have a brecknell (not the mlf badged one just the og I guess) and it’s been accurate on the money for the last 5 years. But I baby it and don’t let it get wet. I just ordered my tournament scales. Should be in soon. Quote Link to comment Share on other sites More sharing options...
Cbump Posted April 17, 2023 Share Posted April 17, 2023 50% seems way low for the winner. Quote Link to comment Share on other sites More sharing options...
Logan S Posted April 19, 2023 Share Posted April 19, 2023 On 4/17/2023 at 12:05 AM, Cbump said: 50% seems way low for the winner. ?? It's pretty standard for a tournament paying 3 places. Quote Link to comment Share on other sites More sharing options...
Cbump Posted April 19, 2023 Share Posted April 19, 2023 Not the ones I fish Quote Link to comment Share on other sites More sharing options...
clh121787 Posted April 19, 2023 Author Share Posted April 19, 2023 16 hours ago, Cbump said: Not the ones I fish You have any pay out structures for your tournaments ? Quote Link to comment Share on other sites More sharing options...
Cbump Posted April 19, 2023 Share Posted April 19, 2023 60/25/15 is what we do Quote Link to comment Share on other sites More sharing options...
Texas Flood Posted April 25, 2023 Share Posted April 25, 2023 Im fishing a tournament this weekend. Payout is 50/30/20 and big bass is 60/40. Quote Link to comment Share on other sites More sharing options...
Super User slonezp Posted May 11, 2023 Super User Share Posted May 11, 2023 Club I used to fish paid out 90% at the ramp by entrants. Payout was 1 place for every 6 entrants and 10% administrative. Start at 60% for 1st and figure it out from there. Quote Link to comment Share on other sites More sharing options...
Super User WIGuide Posted May 11, 2023 Super User Share Posted May 11, 2023 We switched ours up a few years ago since our club had kept growing. Originally we payed the top 3 or 4 places depending on how many showed up. We had some issues on days with poor weather conditions, late season tournaments for teams not doing well, or some just not showing up if they didn't think they could win after prefishing. All of these situations left less money on the table for those that did show up or tough it out. The solution that was proposed was that switch our club to prepay for all 6 tournaments up front. In addition we spread the money out further down into the standings to give teams a greater chance to at least get something out of the day. Our payouts are based off a roughly 95% payback the additional money along with club dues going to the club to cover expenses and improvements. The below is based off of our capped 30 boat field. Place Prize % 1 730 32% 2 380 17% 3 220 10% 4 186 8% 5 130 6% 6 110 5.5% 7 105 5% 8 100 4.5% 9 95 4% 10 90 3.5% BB 300 100% Quote Link to comment Share on other sites More sharing options...
Super User WRB Posted June 1, 2023 Super User Share Posted June 1, 2023 California regulates fishing tournaments/derbies making it difficult to have simple club events in lieu of sanctioned events with prize money. Most “clubs” opt for points and schedule TOC with money awards. Tom Quote Link to comment Share on other sites More sharing options...
clh121787 Posted June 1, 2023 Author Share Posted June 1, 2023 5 hours ago, WRB said: California regulates fishing tournaments/derbies making it difficult to have simple club events in lieu of sanctioned events with prize money. Most “clubs” opt for points and schedule TOC with money awards. Tom That don’t even scratch the surface for that god forsaken place. Hence the mass exodus. Quote Link to comment Share on other sites More sharing options...
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