Prize Pools

Prize pools refer to the total amount of money awarded to winners in a competition, tournament, or event. They are usually funded through entry fees, sponsorships, or organizer contributions. For example, in a sports tournament, the prize pool is distributed among top performers based on predefined rules. In esports or poker, the prize pool can grow significantly as players enter and contribute. Clear understanding of the prize pool helps participants gauge the potential earnings and the event’s competitive stakes, making it an important aspect of planning and motivation for competitors.