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Tournaments are a lot of fun, but the payout system is sometimes difficult to organize. Tournament payouts are commonly part of a tiered system where the winner always receives the largest payout. However, there are many ways to distribute payouts among second, third and fourth-place participants. For example, a
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Tournament-style payout structures using exponential growth ... Poker tournament payouts often follow this type of "exponential" structure. But I'm wondering if there's an acceptable formula to describe it or if the numbers poker tournament directors come up with are entirely arbitrary. algorithm - slot machine payout calculation - Stack Overflow
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