I thought perhaps Joe would have answered Dick's question. I just read the flyer on the 2011 tournament and based on 100 entrants, there would have been payouts of $175. for first, $75. for second and $50. for third. With 8 categories that comes out to a payout total of $2400., though Joe also added some monthly merchandise prizes. Had there been 100 entrants, $3500. would have been taken in and $2400. paid out which translates into a 68.57% payout. I believe the rest goes to our reef fund but I am not certain. Since we only had 27 entrants, if my math is correct the 2011 payouts for each category will be
1st - $47.25
2nd - $20.25
3rd. - $13.75
Perhaps Joe can confirm all of this.