Competition Payout Strategies – A Few Ideas

As a contest organizer you want to hold a successful contest that teams will come back to year after year.  Money is
tight and trying to distribute prize money fairly and keeping as many people happy can be tough.

Other than a well run contest, teams are looking for a high percentage of their entry fees going to the payout pool.  Most would like to see 80-100% of entry fees going towards the purse.

Surveys in some popular BBQ forums have come back as most teams would like to see payouts go as far as 10th place.  We are calling out the team names down to 10th place why not award them as well.

Here are a few examples of distributing payouts using this strategy.  See if you can make it work for your contest.

This gives a few options for paying 10 places in each category and top 3 overall.  Below gives options for top 10 in both and shows how you can distribute payouts to make sense for more for GC and a little less for GC.