2012 Cabela's Redfish Series Payout Structure
Entry Fee is $400.00 per team, per tournament.
Payout is based on 100 teams.
Payout will increase with more teams and decrease with less teams.
20% of the field will be in the prize money.
Tour Rewards Program
1. Teams who sign-up for five regular season tournaments before the first tournament will receive a bonus added on to their winnings.
2. Each team registered for the Tour Rewards Program will receive additional Redfish Anglers Association sticker for their boat and truck.
To enter, teams must pay the deposits for the five regular season tournaments (minimum total deposit $700.00 + memberships). Tour Rewards bonus will only be paid for tournaments which deposits have been paid for before the first tournament.
Tournament Within the Tournament
Anglers who wish to fish for even bigger prize money have the option to enter the Tournament Within the Tournament. The Tournament Within the Tournament is an additional $100.00 per team with 100% of the pot going to the top 3 teams. First Place team entered in the TWTT will receive 50% of the pot. Second Place team entered in the TWTT will receive 30% of the pot. Third Place team entered in the TWTT will receive 20% of the pot.
First Place Prize
The winner of each of the five regular-season stops of the Redfish Series sponsored by Cabela's will receive a minimum of $5,000.00 up to a fifty boat field. With more than 50 boats and after the $5,000.00 first place, the prize will be determined by the number of entries. For example, with 80 paid entries, first place will pay $8,000.00. With 90 entries, first place will pay $9,000.00. 100 paid entries will pay $10,000.00 to first place.
With bonuses such as Tour Rewards, Cabela's Angler Cash, TWIT and Team of the Year, the Redfish Series is unmatched in the entry fee to payout percentage.
Example, with only 75 teams, the First Place payout could total:
First Place: $7,500.00
Tour Rewards: $1,000.00 (Cabela's Gift Cards)
50 teams in TWIT $2,500.00
Cabela's Angler Cash $ 250.00
A first place total of $11,500.00 for just a $400.00 entry fee and $100.00 TWIT.