GRADING PRIZES INCREASED FOR 2010
Because of the increased support received from chess players who like our venue we have manged to increase the guaranteed prize fund for 2010 by increasing the seven grading prizes from £30 to £48 each. We believe that this increase in costs is justified because it could lead to increased interest in the congress, from the lower graded players (like me) and it is in line with our policy of ploughing approriate amounts of surpluses back into the Congress. (Congresses don't make profits they make surpluses).
In case you are wondering why £48 and not £50 it is simply because 50 does not give whole cash numbers when divided by 3 or 4 and it makes prize giving easier to use 48 when grading prizes have multiple winners.