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prize pool

From Wiktionary, the free dictionary

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English

Noun

prize pool (plural prize pools)

  1. (games, gambling, sports) The total amount of money that is distributed among the winners in a tournament.
    The prize pool is $600. The 1st place gets $300, the 2nd place gets $200 and the 3rd place gets $100.
    This is a satellite tournament. The prize pool consists of 18 entries to a tournament with a more expensive buy-in.

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