LAPT8 Brazil: Getting real (prize pool and payouts)
Time for some real talk.
As the third level of Day 2 continues here at the Latin American Poker Tour Grand Final Main Event, we have prize pool and payout information to pass along.
Last year's LAPT Brazil Main Event -- with a lower buy-in and larger field -- set a record for the tour's history in terms of its prize pool. But this year's Main Event has come close in terms of the number of Brazilian reais -- the plural form of the singular real -- that are up for grabs.
With 426 entries in this R$10,000 buy-in event, the total prize pool added up to a hefty R$3,760,300, an amount currently worth close to $1 million USD according to the current exchange rates.
Of that amount, R$727,620 is scheduled to go to the winner, R$458,760 to the runner-up, and a minimum of R$85,730 to everyone making it to the eight-handed final table.
The top 63 finishers will make the money, with R$15,980 representing the minimum payout.
Here's how all 63 places will pay:
There are about 130 players left as they move through Level 13, meaning a little over half of them will be facing the reality of walking away without earning a single real.
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Martin Harris is Freelance Contributor to the PokerStars Blog.