Thread: Where does the B&M tourney entry fee go?
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Old 03-31-2005, 01:24 AM
Jax_Grinder Jax_Grinder is offline
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Join Date: Jan 2005
Location: River City
Posts: 395
Default Re: Where does the B&M tourney entry fee go?
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Keep in mind a large portion of the 350k must go towards paying for the accomodations.

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This is flat wrong. The overwhelming majority of players won entries via PP satellites which, if you look at the numbers, compensated for the total cost of the prize package (cruise, cabin, $$ and buy-in). The $350K is pure income. What their overhead is for the tourney is anyones guess, but a $500M company surely expects to come out ahead on this venture (plus whatever WPT pays them to license the broadcast rights).
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