Esports Glossary

Prizeout

The process of distributing earned prize money to winning players or teams after a tournament concludes. Prizeout workflows must handle KYC, tax documentation, and multi-currency payouts. Tournament Suite's payout infrastructure automates this process end to end.

Related Terms

Prize Pool

The total monetary sum available to be won by competitors in a tournament.

Escrow

A financial arrangement where prize money is held by a neutral third party until the tournament concludes and results are verified.

Buy-In

A registration fee paid by participants to enter a tournament.

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