We just ran our first monthly tournament at a new location in a new city. It went over pretty well with a decent turnout. Due to tournaments being new in this city, I wanted to keep the tournament free to encourage people to give it a try. But I know there are some players who showed up who would like to be playing for some cash. Has anybody ran a tournament with an optional cash buy in with the stipulation being that only those who buy in are eligible to win money? If you’ve done this, how was it received? I’d love your feedback.
Also, what would be the best way of handling a scenario where somebody in the top 3 didn’t buy in?
a. Divide the winnings of the buyer who didn’t buy in among the winners who did buy in?
b. Do normal payouts and roll the winnings of the buyer who didn’t buy in over to increase the 1st place pot for the next month?
Or if this is an absolutely horrible idea, you can just say so.