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I try to pay 1/4 to 1/3 of the field. My guys seem to prefer more guys getting something than a few getting all the money. If it is 4 places, the percentage payout is 40%, 30, 20, 10. No one in the money wins less than their entry fee.
I usually don't pay but one or two places gross if we're using handicaps. 3 places gross if we have more than 80 players. We pay an equal amount for net 1st and gross 1st.
We also use credit in the pro-shop, which is occasionally an issue because our pro doesn't like to give discounts or sale prices to guys who use shop/tournament credit.
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