Let's play pretend (sort of) and posit the following scenario:
1) A blogger-only 10 player NL SnG
2) Entry fee: $1,000
3) Winner gets an entry into the 2006 WSOP Main Event
4) Every entrant other than the winner gets a certain percentage stake in the winner.
Here's the question. If you had $1,000 to drop on such a thing, what do you think a fair percentage would be, as far as the stake each entrant would get in the winner? What would be most appealing to you, as far as balancing your outlay and potential reward? It also should be noted that part of the purpose is to send a blogger to the ME, so it's not entirely a selfish equation. Or maybe it is. I dunno.
Would every losing entrant getting a 5% stake in the winner, with the winner keeping 55% be an attractive proposition?
Would you, as a potential winner, want to retain more than a 55% stake if you're going to pony up $1,000 in a satellite to potentially win a WSOP seat?
Should it be 2.5% for each entrant, with 78.5% going to the winner?
Are none of these attractive when you can enter a satellite yourself for about the same cash outlay and keep 100% of your winnings to yourself?
Just curious. Many thanks for any and all input.