Quote
Winner gets 50% of prize pool.
Next place gets half that ( but minimum must be the card fee -- $1)
Next place gets half that ( but minimum must be the card fee -- $1)
etc
if "half that" is not enough to make up a card fee, it is added to the winner's prize.
The payouts for a recent 5-player tournament were $2.00, $1.00, and $1.00, which appears to not follow the last sentence of the above quote (half of $1 is $0.50, which is below the minimum, so the remainder of the pot goes to the winner?). I think most money bridge players would prefer to have a bigger 1st-place prize and/or more places that pay more than the entry fee, as opposed to more chances to simply not lose anything. As an example:
2-4 players, 1 place
5-7 players, 2 places (65% and 35%)
8-10 players, 3 places (50%, 30%, 20%)

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