|2008 World Open Chess Tournament Prizes|
Prizes $400,000 based on 1450 paid entries (seniors, re-entries, U1200 Section, GMs, WGMs count as half entries, U900, U600 & Unrated Sections not counted), otherwise raised or reduced in proportion, with $320,000 minimum (80% of each prize) guaranteed.
Open Section: $30000-15000-7000-3500-2500-2000-1500-1000-800-700, 11th-20th each $600, clear winner bonus $500, top U2500/Unr $3000-1500. If tie for first, top 2 on tiebreak play speed game 7/4 11:30 pm (white 7 minutes, black 5 minutes & gets draw odds) for title & bonus prize. GM & IM norms possible in 5-day & 7-day schedules. FIDE rated.
Under 2400 Section, Under 2200 Section, Under 2000 Section, Under 1800 Section, Under 1600 Section: each $20000-10000-5000-3000-2000-1600-1300-1000-800-700, 11th-20th each $600. U2400 Section is FIDE rated with IM norms possible in 5-day & 7-day schedules.
Under 1400 Section: $15000-8000-5000-3000-2000-1600-1300-1000-800-700, 11th-20th each $600.
Under 1200 Section: $5000-3000-2000-1500-1000-900-800-700-600-600, 11th-20th each $500.
Under 900 Section: $500-300-200, trophies to top 10. Unrated allowed only if age 13/below.
Under 600 Section: Trophies to top 10. Unrated allowed only if age 10/below.
College team trophy: Based on 4 best scores from a school regardless of section; must have at least 4 players to be eligible.
Prize limits: 1) Players with under 26 games played as of 7/08 list may not win over $1500 in U1200, $2500 U1400, $4000 U1600 to U2000. Games rated too late for 7/08 list not counted. 2) Players who were rated more than 30 points over section maximum on any supplement 7/07-6/08 have a prize limit of $2000. 3) Balance of any limited prize goes to next player(s) in line.