Unless it is a winner-take-all tournament, then yes every tournament pays typically the top 10% of finishers, where the higher up you finish, the more you get paid. So for example in a 100-person tournament, usually 10 players finish 'in-the-money' where 10th place gets the least amount and the winner gets the most. Very frequently, players that are left in the money will even agree to equally split the prize money also.
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Yes. Most tournaments spread their prizes out to more than one place. The exact # depends on number of entries, from 2 to around top 10% of finishers.
Unless it is a winner-take-all tournament, then yes every tournament pays typically the top 10% of finishers, where the higher up you finish, the more you get paid. So for example in a 100-person tournament, usually 10 players finish 'in-the-money' where 10th place gets the least amount and the winner gets the most. Very frequently, players that are left in the money will even agree to equally split the prize money also.