I agree that lower entry fees and lower prizes can work out very well. When I play in the golders green blitz the entry fee is only £5 or £3 if your a member with 1st place normally working out at around £20. I'm actually playing there tonight. It does not matter too much if you lose as it is a very casual tournament. Of course the golders green blitz is merely an example and I am sure other factors come into the equation for rapidplays and longplay.Sean Hewitt wrote:The Sunningdale International next month has no prize money and whilst the top sections do afford norm opportunities the rated sections do not. Yet people still play and I suspect that next months event will be the largest of its type that we have run with 80-100 players competing.
I have no doubt that these players have gotten wise to the fact that
a) even if they win, the prize barely covers their expenses and
b) they are better off in the long run with lower entry fees and lower prize money.
This is why so few GMs play in weekend events any more, even though they have a much higher probability of winning their section than anyone else.
To get 80-100 people to play in the sunningdale is very impressive! However e2e4 tournaments are quite exceptional. I would guess that entries might be considerably higher for more regional tournaments, where there is a lesser requirement for hotel accommodation(for low entry fee tournaments).