Event #55 of the 2015 World Series of Poker began on Saturday. The $1,500 buy-in DraftKings 50-50 tournament featured a unique structure where half of the field will finish in the money. However, half of the runners who cash won’t make their buy-in back. There were 1,123 entrants.

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As coverage on WSOP.com detailed, “This format provides for half the entrants to get some form of payout, although it will be at a slight loss, as the 25th-50th percentile of players will receive $1,000. Those that finish in the 10th-25th percentile will break even with a $1,500 payout and all subsequent payouts after that will follow the standard WSOP payout structure with the remaining prize pool funds.”

Here are the payouts:

1st – $200,618
2nd – $123,907
3rd – $77,516
4th – $56,245
5th – $41,540
6th – $31,079
7th – $23,650
8th – $18,268
9th – $14,266
10th-12th – $11,295
13th-15th – $9,096
16th-18th – $7,354
19th-27th – $6,049
28th-36th – $5,048
37th-45th – $4,275
46th-54th – $3,654
55th-63rd – $3,153
64th-72nd – $2,774
73rd-81st – $2,456
82nd-90th – $2,213
91st-99th – $2,032
100th-117th – $1,880
118th-281st – $1,500
282nd-562nd – $1,000

Despite the payout format, a bevy of brand name pros came out for the tournament, which is sponsored by the popular daily fantasy sports site. Allen Kessler was among those participating, as was DraftKings Director of Customer Experience Jonathan FatalError Aguiar (pictured). The latter was sporting a blue collared shirt with a DraftKings patch.

Greg Raymer, Barry barryg1Greenstein, and Eric basebaldyBaldwin were also in attendance. At 12:20 ET, WSOP.com reported “a long line in the Rio hallways as players clamored to get a seat into the tournament.” DraftKings co-founder Matt Kalish gave the ceremonial “Shuffle up and deal” command.

The payouts could prove to be an “interesting dynamic,” according to one poster on Twitter: “It definitely will make for an interesting dynamic. There will be pros who care less and amateurs who think ‘it’s a WSOP cash.’“

Day 1 of the tournament on Saturday has 11 one-hour levels with four 20-minute breaks and a dinner break. Everyone started with 7,500 in chips.

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