XCB3X Admin
Posts : 139 Join date : 2013-12-27 Age : 28 Location : Ohio
| Subject: How Competions Prizes Work Thu Jan 02, 2014 3:13 am | |
| Introduction This is the prize structure for Official GTevents. All GT members are allowed to host GT events as long as the below rules are adhered to. Circumventing the rules could result in your loss of the right to host events. All participants in events must post pics of their times/scores to certify them. No pic, no entry.
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How It Works $1,500 x (# of participants) = Prize Money
4 Participants - Add 1 Street Part To Prizes
6 Participants - Add 1 Sport Part To Prizes
8 Participants - Add 1 Race Part To Prizes
Each participant that does not recieve a piece of the above prize money recieves $500 for participating.
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Event Host Commision Event hosts receive $500 per entrant.
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Example # of Participants: 8 Prize Money: 1,500 x 8 = $12,000
1st Place - $6,000 + Race Part 2nd Place- $4,000 + Sport Part 3rd Place - $2,000 + Street Part Participants not recieving prize money gets $500
Event Host earns $4,000
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Additional Information If you have any questions about how this works feel free to post them below. If you need special prizing send me a PM. This system does also apply to photocomps.
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