TXtourplayer
Executive Member
The only reason I was going to hold back funds was to offer players a chance at a BIG prize pool at the end of the season. Plus if we wanted any chance of TV coverage we would have to offer a BIG prize pool.As far as the Championship end of year tourney - my response - drop it until you get the tour going. The $50 for buy-in and $25 from re-buys - put it into the prize pool at that event.
If you get 100 people and 50 rebuys that would be $6,250 that should go to the players at the inaugeral event. Keeping that $6,250 in a back will only lead to problems and with the problems you encountered in the past do you really want to leave any doubts? Start that in 2008 - just my opinion but start a poll. If you do that then the overhead for your tourney would only be $70 on a $300 buy-in for 23% rake - still high but better than $120. Just my .25
Trust me holding back funds is nothing but a headache and I make nothing off of that money. But that is how I designed it and I am hoping for $200,000 plus event for May, 2008.