[cabiness42]

To keep the math easy, let's assume you get 30 players for each of your 10 $100 tournaments. That gives you $30K, half of which you are paying out and the other half of which you are using to buy $1,500 WSOP entries. That would be 10 entries. Now, I'm assuming that each of the 10 players going to the WSOP still gets shares in the winnings of the other 9, so you are paying out 290 shares on 53% of the winnings, so each share is worth 0.18275% of the total winnings. For a player to break even (get their $100 back), the total winnings would have to be = $54,719.56.

Now, I don't know how good your group is, but you'd have to more than triple your money at the WSOP to make this a sound investment for anyone who doesn't have a serious chance at getting one of the seats.