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Q: Can an ameteur golfer opt to take the prize money if he wins a golf tournament.?
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Does the winner of a golf tournament receive the prize money immediately or sometime after the tournament ends?

The Golfer receives the prize after the tournament ends.


How do you determine the amount of money each golfer receives in a golf tournament such as the Masters?

The tournament committee decides what percentage of the total purse each position will get. A tie for second will each get half of the prize money for 2nd and 3rd place.


What is the name for poker prize money?

Prize money if you are asking about a tournament, in regular play it is called the pot.


In a poker tournament what is it called when guaranteed prize money?

Typically a tournament that has guaranteed prize money states that there is a guaranteed prize pool and often go on to say how much. For example: Guaranteed prize pool of $250,000. This means no matter what they take in for buyins, this much will be reserved for the prize money. The rest will go to costs of hosting the tournament be online or in a casino.


What happends to money won by an amateur golfer?

amateurs can only receive $750 cash as a prize, and typically this is given in the form of an in-kind prize, something worth $750, or pro-shop credit for that amount. any left over money would then be allocated however the tournament committee decides.


What is a pro golfer?

A professional Golfer is a very good golfer that does not follow the USGA and R&A Rules of Amateur Status. Basically, that is a golfer that accepts prize money at tournaments(ie Tiger Woods).


In webkinz how do you collect you prize money from the tournament arena?

they already give it to you


How much money do competitive Scrabble players make?

It depends on the prize money that they win from the tournament.


What was the prize for the first two-man beach volleyball tournament?

In 1947, the first official two-man Beach Volleyball tournament is held at Will Rogers State Beach, California. There wasn't any prize money. In 1948, the first prize money was given out at a tournament held in Los Angeles, California. The prize was a case of Pepsi.


What is the prize money in Irish open golf tournament?

The 2015 Irish Open Golf winner's prize was £416,000.


What is the prize money for every player making the cut in the 2008 masters golf tournament?

Prize money list can be found at: http://www.augusta.com/stories/040807/mas_123892.shtml


How much Money will the 2010 Master winner get?

$ 1,350,000 was the announced prize money for first place in the 2010 Masters Golf Tournament.