WSOB player financed? I think so
Shanarock:
On your Nov. 4 post you asked "Maybe the WSOB has a player financed fund pool". You are probably onto something.
The HO-CHUNK in Wisconsin is having 3 satellites, each for a seat in the WSOB. Entry fees will bring in about $50,000 per satellite. First place receives a seat in the WSOB, hotel room, meals, and "VIP treatment (whatever that means) --- no cash. They advertise this as being worth $50,000. I asked them how they arrived at that figure and this was their response:
$25,000 goes to the prize pool of $1,000,000 for the WSOB (40 players will compete). The remaining $25,000 goes for "production costs".
Now, to me this sounds like the entry fees for the WSOB are indeed used to finance the WSOB prize money
PLUS the satellite players are being sucked into paying costs that the promotors should pay. Doesn't sound fair to me. The promotors will rake in the profits while the players pay the bills.
On second thought, this sounds like a scam.

If any promotors are reading this, I'd like your response --- but I'm not holding my breath.