We pay lawyers (contracts), accountants, search out sponsors, organize events,
Etc. They show up with all the leg work down and get profits immediately. We will need to do several events to break even with all the start up time and resources. Besides most importantly the players are fine with the split and grateful that we are providing more consistent opportunities for them.
We aren’t getting rich with the 40% most of it goes back into the business and pays the professionals who originally donated their resources to start it all up.