Almost overwhelmingly, when I did a big survey for Ironman, the pros want more equitable distributions.
The ITU is supremely equitable:
1st. 11,250 USD
2nd. 9,000 USD
3rd. 6,750 USD
4th. 4,500 USD
5th. 3,150 USD
6th. 2,700 USD
7th. 2,250 USD
8th. 1,350 USD
9th. 1,015USD
10th. 785 USD
11th. 675 USD
12th. 565 USD
13th. 450 USD
14th. 335 USD
15th. 225 USD
Wildflower is also really equitable:
http://www.tricalifornia.com/elite/eseriesinfo.htm (the link is old but the information is still accurate)
$5k
$4k
$3k
$2k
$1.5k
$1.2k
$1k
$0.9k
$0.8k
$0.6k
I think that it's best to just do it mathematically. And then you set a % decline between places. The ITU does a decaying - 2nd is 80% of 1st, 3rd is 75% of 2nd, 4th is 67% of 3rd, and then it hold roughly steady at about 70%.
Overall, I think 75% is good as a consistent number.
What's easy is that this then informs what each place should be.
X*0.75^n-1 where n is the place number
So then your total prize purse is X+X*.75+X*.75^2+...+X*.75^9
What you get is total prize purse = 3.75*X.
So if your total prize purse is 10,000. Then 1st place gets $2,666. And then every other place is defined from there.
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