Payout types are selected by the competition creator and can be seen in the top left of the competition:
Payout types determine how the pot of cash will be split up when a competition is over.
The following payout types exist:
Battle Royale - Winner takes all, the individual in first place gets paid out.
Double Up - Individuals who finish in the top 50% of entrants get paid out. Place in the top 50% and you double your money. Place in the lower 50% and you're paying the winers
Outpace - One player is the "pacer". Pick better than the pacer and you're in the money. If the pacer wins, the pacer takes it all.
Podium Payout (Top 3) - Pays out to the Top 3 places (1st Place=50%, 2nd Place=30%, & 3rd Place=20%)
Top 10 - Pays out to the Top 10 places (1st Place = 25%, 2nd - 5th = 12.5%, 6th - 10th = 5%)
*In the event of a tie (unless otherwise stated in contest rules), any ties result in an equal split of the combined prize for the tied positions. For example, if two entrants tie for second place, they will evenly split the total prize for both second and third place. Similarly, if three entrants tie for first place, they will evenly divide the combined prize for first, second, and third place.