Acceptable Percentage of Entry Fees for Payout?
I'm trying to figure my payout table for a NON-sactioned tournament in the Spring, and I wanted to make sure I'm not shorting the payout.
I have three divisions, two of them are paying out 75% of their entry fees, and one is paying out 62.5% of their entry fees. All three divisions are paying 50% deep player-wise.
Is that an acceptable use of their entry fees? I don't want to cheap out on the players on pure payout, but I do want some funds remaining for other things like CTPs, etc.