Former NWP/DD user "thakilla" (Pat Cruse) recently tweeted to WSOP tournament director Jack Effel, asking about the prize pool for the $1,111 "Little One For One Drop" event.
Jack Effel responded that the distribution of money is as follows:
$900 Prize pool
$111 One Drop Charity
$70 Caesar's
$30 Tournament staff
This is almost identical to the $1000 buyin events:
$900 Prize pool
$70 Caesar's
$30 Tournament staff
Why is this worthy of discussion?
Because Caesar's is still taking their same $70 out of the prize pool, despite $111 already leaving the prize pool for charity.
So basically it's identical to a $1k event in terms of prize pool, except you're paying $111 extra, which goes directly to the charity.
I don't mind the $111 going to the charity or the $30 for the tournament staff, but Caesar's should really reduce or eliminate their own $70. Otherwise, they are making big money off of a charity event, and I really don't like the idea of for-profit charities.
Caesar's can argue that it costs them money to put on the event (paying employees, utilities, using up space that could otherwise be sold or used for cash games, etc), but it definitely doesn't cost them $70/person. If 3000 people enter this event, they will make $210,000. It does not cost them anywhere near that amount of money to put on this event, once everything is already in place (which it is), and they are making a fortune on the entire WSOP overall. The least they could do is waive or reduce their own take for their one charity event.