2006 Main Event Pay Schedule?

[slogger]

I assume this is discussed somewhere, but couldn't find via Search function. Does anyone have a link to the pay schedule for this year's Main Event?

I believe I've read that they pay the top 10%, but haven't seen a breakdown of how they arrive at the actual figures depending on number of entries.

Thanks in advance!

[Wolf359]

Haven't see the sched for this year, but last year they did indeed pay top 10%, with the first payout level paying $12,000 and change...

[slogger]

I know that the plan is to pay 10%. My question is whether anyone has the payout info for either this year's Main Event or 2005 (from 1st, all the way down to the bubble).

Anyone?

[Ditch Digger]

[ QUOTE ]
I know that the plan is to pay 10%. My question is whether anyone has the payout info for either this year's Main Event or 2005 (from 1st, all the way down to the bubble).

Anyone?

[/ QUOTE ]

Check cardplayer. They should have all the info you need there for the 2005 payouts.

[Admo]

[ QUOTE ]
I know that the plan is to pay 10%. My question is whether anyone has the payout info for either this year's Main Event or 2005 (from 1st, all the way down to the bubble).

Anyone?

[/ QUOTE ]

The payout schedule varies based on how many entries. There is a five page handout at the Rio describing the payouts of all the diferent tournaments based on field size.

Assuming a field of 8,000, here is the payout structure of the WSOP Main Event:
<font color="red"> <ul type="square">
1st 14.5%
2nd 7.4%
3rd 5.01515%
4th 4.4%
5th 3.9%
6th 3.4%
7th 2.9%
8th 2.4%
9th 1.9%
10th 1.5%
11th 1.5%
12th 1.5%
13th 1.2%
14th 1.2%
15th 1.2%
16th 0.9%
17th 0.9%
18th 0.9%
T3 0.6%
T4 0.4%
T5 0.3%
T6 0.2%
T7 0.15%
T8 0.11%
T9 0.08%
T10-T14 0.062%
T15-T21 0.057%
T22-T28 0.052%
T29-T35 0.047%
T36-T42 0.042%
T43-T49 0.037%
T50-T56 0.032%
T57-T63 0.027%
T64-T69 0.025%
T70-T74 0.0231%
T75-T80 0.0215%
T81-T86 0.02%
T87-T91 0.0188%

[/list] </font>

So, if there are exactly 8,000 entries, 1st place would pay $10,528,000 and 800th place would pay $14,137.60. (I took out the 6% juice already)

[slogger]

OK, so I decided to invest a little free time in figuring this out for myself. Here is the cardplayer link to the payouts from last year:

2005 WSOP ME Pay Schedule (http://cardplayer.com/tournaments/payout/2718)

Assuming that: (1) there will be exactly 8,000 players, (2)they will once again pay exactly 10% of the field and (3) winner will get $10 million, the scale should for the final table should look roughly like this:

1. $10,000,000
2. $5,670,000
3. $3,330,000
4. $2,670,000
5. $2,330,000
6. $2,000,000
7. $1,730,000
8. $1,530,000
9. $1,330,000

After that, I think there is a little more guesswork involved, but assuming they follow last year's framework (breaking up the second to last table into thirds and then paying by table from Final 3 tables down through Final 9 tables), it would look something like this:

10-12: $804,640
13-15: $533,920
16-18: $466,240
19-27: $406,080
28-36: $360,960
37-45: $315,840
46-54: $233,120

[Zofox]

Is my math bad, or does that show them paying 819 people for 8,000 entries?

[slogger]

This is interesting because they would have had to change the structure for these numbers to be correct.

Last year's winner received only 14.2% of the prize pool ($9,400 * 5619 = $52,818,600; 7,500,000/ 52,818,600 = 14.2%), so it would have to be a significant change in order to pay the winner in of a 42% larger field an even larger percentage of the prize pool. Does anyone know if a conscious effort was made to do this?

By my calculation, and assuming they pay out nice, round numbers (as they have in the past) at the final table (e.g., $10,000,000 for first), this year's winner would be getting about 13.3% of the prize pool.

Also, 14.5% of the prize pool in an 8,000 player field would be $10,904,000.

[Zofox]

Was a bored computer geek, so I did some silly spreadsheet action....

Based on the numbers posted by Admo, here's the payouts I get for 8000 players...

Prize fund: $75,200,000 (Harrah's 6% on this one is 4.8 MILLION dollars)



<font class="small">Code:</font><hr /><pre>
001 001 $10,904,000.00
002 002 $ 5,564,800.00
003 003 $ 3,771,392.80
004 004 $ 3,308,800.00
005 005 $ 2,932,800.00
006 006 $ 2,556,800.00
007 007 $ 2,180,800.00
008 008 $ 1,804,800.00
009 009 $ 1,428,800.00
010 012 $ 1,128,000.00
013 015 $ 902,400.00
016 018 $ 676,800.00
019 027 $ 451,200.00
028 036 $ 300,800.00
037 045 $ 225,600.00
046 054 $ 150,400.00
055 063 $ 112,800.00
064 072 $ 82,720.00
073 081 $ 60,160.00
082 126 $ 46,624.00
127 189 $ 42,864.00
190 252 $ 39,104.00
253 315 $ 35,344.00
316 378 $ 31,584.00
379 441 $ 27,824.00
442 504 $ 24,064.00
505 567 $ 20,304.00
568 621 $ 18,800.00
622 666 $ 17,371.20
667 720 $ 16,168.00
721 774 $ 15,040.00
775 819 $ 14,137.60
</pre><hr />

That totals up to $75,172,664.80 in payouts, leaving Harrah's another $27,335.20 to give away 2 or 3 entries to next year's event for the bubble people.

[Teldar]

There is no way these numbers can be right. I am sure Zofox's math is correct but the table must be wrong. They paid $107k to 81st place last year. But on the numbers above, that means they are only paying 60k to 81st place this year with 40% more entrants? I hope Harrah's has a wrong table on their website.

[thylacine]

Is there an official link to this kind of info?

How many are signed up already?

Any guesses on the final entry count?

Also, when will the prize distribution be officially announced? Before day two?

Do the organizers have to go by their percentage table anyway, or can they pretty much do it however they want?

See you at the final table?! /images/graemlins/tongue.gif