Poker Tournament Payout Structure
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):
|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:
- 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.