Thank you to the organizers of the Hart House Holidays Open, it was very enjoyable! I've never played in the Great Hall before, in fact I never knew it even existed!
I do want to raise a concern about the prize distribution though...:
My section had 39 players, and let's assume an average entry fee of $60, accounting for the discounts given to the many juniors, seniors, women, U of T students etc.. So that's $2,340 total revenue with the prize fund for the section totaling $900. That works out to about 38% of entry fees returned as prizes!
The crown section had 22 players, and let's assume again an average entry fee of $60, but wait, free entry was given to the IM's and GM, so only 17 players paying to play. That's $1,020 total revenue with the prize fund for the section totaling $2,800. That works out to about 275% of entry fees returned as prizes!
I'm not saying the lower sections shouldn't subsidize the top section to some extent, just not by a factor of seven (275%/38%)... geez! How about two to three times as much or even four...
Also, in my section if you had one accident you were pretty much eliminated from contention. Only +3 or greater won prize money. In the top section +2 or greater guaranteed a prize, if you were in the U2300 subsection (only 10 players) then +1 was enough to pocket a share of $400...
In conclusion, not only was my section more competitive (39 players vs 22 players) but the prize distribution was very unevenly balanced as well imo... And when you have Zehn Nasir playing in your section you can pretty much just write him a cheque at the start of the tournament. Every big weekender I've seen him play in he walks away with a nice stash of bills. He should be BANNED from all lower sections. :p
I do want to raise a concern about the prize distribution though...:
My section had 39 players, and let's assume an average entry fee of $60, accounting for the discounts given to the many juniors, seniors, women, U of T students etc.. So that's $2,340 total revenue with the prize fund for the section totaling $900. That works out to about 38% of entry fees returned as prizes!
The crown section had 22 players, and let's assume again an average entry fee of $60, but wait, free entry was given to the IM's and GM, so only 17 players paying to play. That's $1,020 total revenue with the prize fund for the section totaling $2,800. That works out to about 275% of entry fees returned as prizes!
I'm not saying the lower sections shouldn't subsidize the top section to some extent, just not by a factor of seven (275%/38%)... geez! How about two to three times as much or even four...
Also, in my section if you had one accident you were pretty much eliminated from contention. Only +3 or greater won prize money. In the top section +2 or greater guaranteed a prize, if you were in the U2300 subsection (only 10 players) then +1 was enough to pocket a share of $400...
In conclusion, not only was my section more competitive (39 players vs 22 players) but the prize distribution was very unevenly balanced as well imo... And when you have Zehn Nasir playing in your section you can pretty much just write him a cheque at the start of the tournament. Every big weekender I've seen him play in he walks away with a nice stash of bills. He should be BANNED from all lower sections. :p
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