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Re: Is WGT "Shoplifting" Credits from CC Tourneys? 😡😡

• JDGHOST 6,812 Posts

  Tue, Nov 2 2021 5:01 PM

   

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• Trtr30 32 Posts

  Tue, Nov 2 2021 6:12 PM

  Based on this it appears that your 2,000 is subject to WGT’s taking a cut of the action:

  ”If your club has a pay-to-enter tournament or a tournament with a credit purse, WGT will pay out 80% of the total purse to the winners of each tournament.”

• bossbird 2,198 Posts

  Thu, Nov 4 2021 6:47 AM

  Trtr30:

  Based on this it appears that your 2,000 is subject to WGT’s taking a cut of the action:

  ”If your club has a pay-to-enter tournament or a tournament with a credit purse, WGT will pay out 80% of the total purse to the winners of each tournament.”

  If I set a tournament in my club with a credit purse , I am sure the whole amount is paid out , without a cut taken by WGT.

• Dave33200 2,939 Posts

  Thu, Nov 4 2021 7:08 AM

  I believe the 20% cut for WGT is for tournament that have a entry fee only. 

   

  But I'm not 100% on that. :)

   

   

• blackridgenik 104 Posts

  Thu, Nov 4 2021 11:00 AM

  I think Dave is correct, I have put many tournaments up with prizes and there has been no reduction in the prizes paid out,

• SamSpayed 4,916 Posts

  Thu, Nov 4 2021 11:12 AM

  If you add your own credits to the purse when setting up a CC tournament, those credits will be paid out 100%.

  If your tournament has an entry fee, 80% of those entry fees will be paid out.

  So, for example, if you have a tournament where you put in 1000 credits and the entry fee is 10 credits and 5 people enter (50 credits in entry fees), a total of 1040 credits will be paid out.