Unfortunately, the mathematics doesn't always agree.
The reality is that most organizers are not making money from tournaments.
They're trying to keep competitive chess alive.
The reason why Chess tournaments are expensive is because the prize fund is often the only thing people see.
What many don't realize is that most organizers are already struggling to break even before the first move is played.
a simple question:
If the registration fee is reduced, where does the prize money come from?
Chess is one of the few sports where people want bigger prizes, better venues, better equipment, stronger organization, and lower entry fees; all at the same time....