It would be nice to be able to offer prizes for a great many players, but the point of tournament play is to encourage you to strive hard to make it to the top tier. The top 20 finishers of an event like the World Open do get prize money, but they also have 500+ players per section paying $250 to enter.

By annoucing a larger prize fund at different internet sites, we could attract more players here, which is the objective.

I tried a $20 tournament here once with the winnings being a function of the players who register, and there was little interest.

So, I think I will offer prizes as follows:

$10,000
$5,000
$2,500
$1,000
$500
$200
$200
$200
$200
$200

For places 1 through 10.

The question is, what should the entrance fee be?