The formula below is based on a minimum of 50 divers.
Less than 50 will cause the formula to be adjusted to cover the fixed
cost associated with the successful operation of the tournament.
For example: t-shirts, trophies, scale's, and other necessary expenses.
Prize Disbursement Formula Example:
50 Divers enter at $85.00 each = $4250.00
$45.00 per entry goes to prize pool.
$10.00 per entry goes to the Master Spearfisherman prize.
The remaining $30.00 of the entry fee to be
used for tournament operations.
50 entries X $45.00 = $2250.00
divided by 5 (Fish Categories)
equals $450.00 per fish category.
1st place would receive $200.00
2nd place would receive $150.00
3rd place would receive $100.00
Notice: Cash pay outs will vary depending
on whether there are more or less than 50 divers participate.
Please read the above important
Jackpot entries will compete against other entries only
for the snapper and
flounder jackpots but will still be in competition for all other categories.
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