How Do Poker Tournaments Payout
Choose a tiered, top-heavy payout if you plan to reward your players with a lump sum. For example, if the total payout is $1,500, pay the first place winner $750, the second place winner $500 and the third place winner $250. Calculate the payout percentage for each winner if you choose to award a percentage of the total prize money. Learn about our Multi Table payouts at WSOP.com. Tournament payouts will vary, depending on the on the number of entrants in a multi table tournament. WSOP2020 MAIN EVENT. PLAYER GUIDE; WSOP 2020 MAIN EVENT; WSOP 2020 MAIN EVENT FAQ. MOST TRUSTED BRAND IN POKER. For more than forty years, the World Series of Poker has been the most trusted.
Poker Payout?
Payout is the prize paid out to the winning player/players at the end of the poker tournament.
Tournament Payout structure differs from house game to house game and from casino to casino. Online poker websites have different payouts from each other too.
Poker Tournament Payout structure
depends mostly on the number of entrants. The more players signed up for a tournament, the more final positions get paid. However, a tournaments can be a winner-take-all game if the host has set it to be. In such a tournament, as the name implies, the last standing person would win all of the prize pool.
Following is a chart of typical poker tournament payout structure. The prize section is in percentage format. It represents a certain percentage of the money in the pot (the money taken from all the tournament entrants):
Tournament Entrants | Position Paid | Prize |
| 1 – 5 | First place | 100% |
| 6 – 8 | Top two | 70%, 30% |
| 9 – 15 | Top three | 50%, 30%, 20% |
| 16- 25 | Top four | 50%, 25%, 15%, 10% |
| 16- 25 | Top five | 40%, 25%, 20%, 10%, 5% |
Making a Deal:
Another way to pay the players out is if the last two/couple players decide that they want to split the money among themselves in a different order other the one set before the game. Players can change the payout however they want. However, everyone must agree before it can be done. There ar different ways to do this. Following are the most common ways:
Poker Tournament Payout Table
- Players can decide to divide the money evenly. They can still put some money aside for the final winner as an extra prize.
- They can agree on a specific payout based on their chip-stack and end the game.