100% equity
A 75:1 ratio of first place to the entry fee isn't really that bad. But the important determining factor is the fact that all the entry fees go into the prize pool. As I understand it, before this event was cancelled, it was supposed to be limited to 100 players, and the initial prize pool was $100K, plus any rebuys were to be added in as well.
I'd play a $1000 entry fee event to win $5000, if there were only 5 players involved. :joker: