So just curious, what kind of payouts are there with a $100 entry fee, based on 15 boats and 20% being held out?
At 15 boats there probably won't be 20% held out. Maybe 10%
So $1500 minus $150 is $1350
Pay out 3 places with 15 boats
1st $ $750
2nd $450
3rd $150
With 20 boats we would have a pool of $2000. So after 20% we have a pool of $1600. pay out 4 places $400 would go toward the TOC and a cookout after $50 was taken out to pay for the cost of the permit ($100 for 2 tournamets, spring and fall)
1st. $850
2nd. $450
3rd $200
4th. $100
Very similar % wise ( actually a little better) with 10 or 12 boats at $50 with no holdback
You have to remember that the holdback goes into a pool for a FREE tournament at the end of the year for those who qualify. No entry fee and most likely a pot of at least $1000.