$10,000 First Place Blackjack Tournament - Meskwaki Casino

Maximum of 144 entrants.
Registration begins on May 29th at Club Meskwaki.
Tournament person Clay assured me that this tournament was 
a 100% equity return event.

According to their website, this event pays six places and
final payout depends on number of entrants.

CAUTION: Unless places 2 through 6 pay almost as much as
first place, this looks like it could be an awful equity 
event.
At the stated max entries, 144 X $300 = $43,200.  Where's
the money?
tournament actually based on 72 players, 72 X 300 = 
$21,600 X 50% = $10,800 1st and $5,400 2nd guranteed.  The 
remaining $5,400 going to 3rd, 4th, 5th, and 6th.
first pays 50%, 2nd 25%