All tournaments rely on a payout structure to define how the prize pool is to be distributed. These payout structures are based on percentages and adjust according to the number of entrants.
Unlike scheduled tournaments, Sit & Go tournaments (except re-buy Sit & Go) have a fixed payout since the number of entrants is known in advance.
There is an endless variation of payout structures in use on Smart Live Poker but by far the most common are:
1. Regular
Pays out to around 10% of the field and is quite top-heavy. So there are a lot of reasons to go for first!
2. Flat
Pays out to around 15% of the field which makes it easier to cash in these events!
An example of how the Regular and Flat payout structures differ:
This example is for a $5,000 Prize Pool with 250 entrants:
POSITION |
FLAT |
REGULAR |
| 1st |
$1250 |
$1500 |
| 2nd |
$800 |
$975 |
| 3rd |
$500 |
$600 |
| 4th |
$340 |
$400 |
| 5th |
$240 |
$325 |
| 6th |
$210 |
$250 |
| 7th |
$170 |
$175 |
| 8th |
$140 |
$125 |
| 9th |
$110 |
$87.5 |
| 10th |
$90 |
$62.5 |
| 11th |
$70 |
$50 |
| 12th |
$70 |
$50 |
| 13th |
$70 |
$50 |
| 14th |
$70 |
$50 |
| 15th |
$70 |
$50 |
| 16th |
$60 |
$50 |
| 17th |
$60 |
$50 |
| 18th |
$60 |
$50 |
| 19th |
$60 |
$50 |
| 20th |
$60 |
$50 |
| 21st |
$50 |
|
| 22nd |
$50 |
|
| 23rd |
$50 |
|
| 24th |
$50 |
|
| 25th |
$50 |
|
| 26th |
$50 |
|
| 27th |
$50 |
|
| 28th |
$50 |
|
| 29th |
$50 |
|
| 30th |
$50 |
|
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