Calculating Payouts

Players often ask how payouts are calculated.  They try to take the total entries in the division times the entry fee.  This is incorrect.  The information below will help illustrate the actual entry fee amount (after expenses are deducted), and what those deductions pay for.  Also note that ISPA adds back money to ALL divisions, after operating expenses are paid. 

For Singles divisions:

*  For a $75 registration fee:  minus $10 for Admin, minus $15 for Greens Fees = $50 Actual Entry Fee (plus added money)

*  For a $65 registration fee:  minus $10 for Admin, minus $15 for Greens Fees = $35 Actual Entry Fee (plus added money)

*  For a $50 registration fee:  minus $10 for Admin, minus $15 for Greens Fees = $25 Actual Entry Fee (plus added money)
 

For Team divisions:

* For a $250 registration fee:  minus $50 for Admin, minus $75 for Greens Fees = $125 Actual Entry Fee (plus added money)

* For a $200 registration fee:  minus $50 for Admin, minus $75 for Greens Fees = $75 Actual Entry Fee (plus added money)

* For a $175 registration fee:  minus $50 for Admin, minus $75 for Greens Fees = $50 Actual Entry Fee (plus added money)

Admin Fees

There are a host of operating expenses involved in putting on a tournament of this size. Here is a list of the typical expenses that the Administrative Fees collected are used to pay:

*  Referees (typically 9 refs, 20+ hours of competition per day, 5 day event)

*  Setup/Tear down crew

*  Walkie-Talkies (refs/office/Tournament director)

*  Travel/Meeting expenses

*  Score Sheets

*  Pencils/Chalk

*  Officer salaries (per official bylaws)

*  Tournament Coordinator compensation 

*  Placques and Awards 

*  Insurance for the event

*  Office supplies (paper, checks, laptops, printers, safe)

*  Scholarships and other awards for the Junior Tournaments

Greens Fees

Greens Fees are collected in advance as part of the registration, and used to pay for the tables, equipment, Tournament Manager, and Tournament Management software.  This also allows tables to be "open" throughout the tournament for practice.