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European Poker Tour Now Pays 20 Percent of the Field
- Updated: August 17, 2016
The 13th season of the European Poker Tour (EPT) is set to start this week with its first stop in Barcelona. Yesterday, PokerStars Head of Live Poker Operations Neil Johnson announced a slate of changes over on the PokerStars Blog. Besides the introduction of a Pot Limit Omaha High Roller on every stop, and the possibility of chess, pinball, and backgammon tournaments, the biggest change announced is the expansion of payouts.
Back in Season 6, the EPT organization switched from the approximate 10 percent payout that was used in the first five seasons, to a payout structure that would pay out around 15 percent of the field. The move was generally seen as a positive one, and would set the gold standard for live tournaments all over the world in the years to come. The World Series of Poker held on to its approximate 10 percent payout for long, but changed to 15 percent this year as well.
Now, Johnson announced they’re upping the payout to pay out approximately 20 percent of the field in EPT events:
For EPT13, we are expanding our payouts out to 20 percent of the field. It isn’t going to have the top-end impact that some people may think as we have decided that the min cash for all the players that we are adding between 15 percent and 20 percent will be between 1x-1.2x your buy-in. It’s been something that we’ve been working on right down to the wire to make sure that the impact is overall a positive one for all players and also fits our goal of having more winners.
Johnson went on to …
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