let’s go through the steps to calculate the prize distribution for a tournament with 8 teams, each paying a $25 entry fee. Amah CUP OR League

1. Total Entry Fees

First, calculate the total amount collected from the entry fees:

• Number of Teams: 8
• Entry Fee per Team: $25

Total Entry Fees = 8 teams * $25/team = $200

2. Determine Organizational Fee

Decide on a reasonable percentage to cover your organizational efforts. Let's use 15% for this example:

Organizational Fee = 15% of Total Entry Fees = 0.15 * $200 = $30

3. Allocate Remaining Funds for Prizes

The remaining amount after deducting the organizational fee will be the prize pool:

• Prize Pool = Total Entry Fees - Organizational Fee
• Prize Pool = $200 - $30 = $170

4. Distribute the Prize Pool Among Winners

Using a common prize distribution pattern:

• Champion (1st place): 60%
• Runner-up (2nd place): 25%
• Third place: 15%

Now, calculate the actual amounts for each position:

1. Champion (1st place): 60% of Prize Pool

   • 0.60 * $170 = $102

2. Runner-up (2nd place): 25% of Prize Pool

   • 0.25 * $170 = $42.50

3. Third place: 15% of Prize Pool

   • 0.15 * $170 = $25.50

Summary

• Total Entry Fees: $200
• Organizational Fee: $30 (15%)
• Prize Pool: $170
  • Champion (1st place): $102
  • Runner-up (2nd place): $42.50
  • Third place: $25.50