King prize breakdowns? (Need help today)

[msufan]

I am in a $7 Midas Miner challenge on King. 12 people have played a total of 14 games. I am in 4th place right now, which is the final spot in the money. I'm trying to figure out whether it's worth going after a higher spot. Can someone help me estimate the prize payouts if nothing changed?

Here's what we know: $98 total was paid in fees. King takes 25% of that. So we have $73.50 left to be split among the 4 winners (at this point). How would you estimate that would break down?

1st: ???
2nd: ???
3rd: ???
4th: ???

[afort56]

I'll take a stab at it from memory, but it's probably been 6+ months since I've played a $7 challenge, really don't play much at King overall. For a top 3 payout, It seems to me that the pay structure is something like 50%, 33%, 16%. For 4 players goes more like 50% 28% 14% 7%.

I know those don't add up perfectly, but it's close. Those are based off two things I remember about the challenges with only 3-4 places paid. 1st is usually around 50% and the other places are usually multiples of the next lower place, i.e 2nd is twice 3rd, etc.