Ok, yes only one comment on sarcasm, but my only grammar error was leaving out one little word that should have been there. and I'm getting tired of defending myself against this stuff and I don't know why you people care so much. lol.
We care so much because you appear not to. You're handling yourself completely wrong to be taken seriously as if you've got everything figured out and can run this thing well - you're brainstorming for how to run the competition in the same thread where you were trying to get people to pay you for the competition! You're obviously not very involved with the speedsolving community. Most people are not here to make money and win prizes, most people are just here to have fun and compete once in a while. For every person here who actually wins events in competitions there are several who are nowhere close to that.
Also, a further display of your separation from our community:
"I don't have to be part of, know about, or care anything about WCA. I don't know anything about it"
~24 hours later:
"I am familiar with [WCA], but so what? and you people"
Calling us "you people" is distancing yourself a bit, don't you think?
And let's analyze your money proposition with some elementary probability/game theory.
Say we have 20 entrants all paying $1, and a $20 prize.
Say a dozen entrants haven't much of a shot at the prizes, say 1%. Expected value of competition:
-1 + 0.01*20 = -$0.80
Say we have five each with a 3% chance.
-1 + 0.03*20 = -$0.40
Say we have one with a 10% chance.
-1 + 0.10*20 = $1.00
One with a 20% chance
-1 + 0.20*20 = $3.00
And one with a 43% chance
-1 + 0.43*20 = $7.60
Of course this is just madeup data, but 17/20 participants expect to gain nothing out of this. You can't use prizes as incentive to pay.