If you and your organizers have the wherewithal to offer a consolation prize, then do. If not, then a "winner take all" tournament seems like it should be just fine. Anyone who says differently could just not participate.
I encourage a consolation prize, however, simply because your first and second place winners are likely the people that put the most into the event (beyond the organizers) and provide the most entertainment, so both are deserving of reward. It also serves as incentive for other competitors to stay in it for the long haul and/or return for the next one.
That's just my two gil pennies.Â
I encourage a consolation prize, however, simply because your first and second place winners are likely the people that put the most into the event (beyond the organizers) and provide the most entertainment, so both are deserving of reward. It also serves as incentive for other competitors to stay in it for the long haul and/or return for the next one.
That's just my two gil pennies.Â