Golf 24 Billion, Poker 16 Billion… Win One, Sell One, Fix One

August 26, 2023 | by

18 million to win. The Tour Championship, the final PGA Tour FedExCup Playoffs event with the largest purse in golf ($75 million total bonus), began today. Colin Morikawa (26-USA), Keegan Bradley (37-USA) and Viktor Hovland (26-NOR) are tied for the lead (10-under par) after the first round at East Lake Golf Club (par 70) in Atlanta, USA. The $18 million is technically not a prize for winning the tournament, but rather a bonus for being the FedExCup points leader (FedExCup Champion) throughout the season. However, your performance in the tournament does play a role. The points accumulated throughout the season are only converted and applied to the bonus batting average going into the final match. The actual FedExCup points leader, Scotty Schauffler (27, USA), started the week at 10-under-par. However, Schauffler struggled in the first round and dropped to fourth place (9-under-par).

Among the South Koreans, Kim Joo-hyung (21) shaved three strokes off his first day to finish tied for 14th (5-under par). Kim, who came into the tournament ranked 16th in the FedExCup standings with a 2-under-par bonus, shot 3-under-par on the day for a 5-under-par total. Siu Kim, 28, who entered the tournament ranked 20th in the FedExCup, is tied for 22nd (2-under par) and 17th-ranked Sungjae Lim, 25, is tied for 26th (1-under par).

The FedExCup continues to be a hot topic because of the size of the purse and how it is distributed. While the winner takes home $18 million, the second-place bonus is less than half of that at $6.5 million. Third place is $5 million. If you finish last (30th) out of 30 players, you get $500,000. If first and second place are separated by a single stroke, that single stroke could be worth as much as $15 billion. Compare that to the $3.24 million first-place prize at the Masters. Even when the FedEx Cup was first created in 2007, the prize pool was huge ($10 million), and it’s set to grow to $15 million in 2019 and $18 million in 2022.

The winner of the FedEx Cup isn’t the only one feasting on prize money in sports. This is largely due to Saudi Arabia and other Islamic countries competitively hosting sporting events with large prize pools. Outside of the FedEx Cup, the biggest prize pool is the World Series of Poker (WSOP) Main Event. It was held last July, and the winner, Daniel Wyman, 35, took home a record $12.1 million. The World Series of Poker is held once a year, and this year’s main event had a stakes of $124 billion. 카지노사이트

Aside from poker, tennis tournaments also have high prize pools. Of the four Grand Slam tennis tournaments, the US Open has the largest prize pool. The men’s and women’s singles winners of this year’s US Open, which kicks off on August 28, will each take home $3 million (about $4 billion). The total prize pool is $65 million (about $86 billion).

When it comes to prize money for teams rather than individuals, the world’s top auto racing competition, Formula One (F1), dominates. Last season’s winner, Red Bull, took home $100 million (about $132 billion) in prize money. According to statistics site Statista, F1 is the most expensive sporting event with a total prize pool of $2.2 billion, ahead of the UEFA Champions League ($2 billion). The UEFA Champions League pays out for each step up from the group stage, with the winning team earning €85 million (about $121 million) assuming they win the group stage all the way to the final. Last year, the total prize pool for the Qatar World Cup was $440 million (about $582 million), with champion Argentina receiving $42 million (about $560 million). Each team member has to share in the prize money, which reduces the amount per person.


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