I entered a WSOP satellite event a couple months ago. $200 buy in. 105 players. Grand prize was a seat and $10K in chips at the 2007 WSOP in Vegas. I made it to the final two tables before I was OUTPLAYED. With luck, you can win a hand. With skill, you can win a tournament.
How long did the tournament take before you lost?
Sounds like the winner of that Satellite got screwed by the organizer. $200 buy in and 105 players is $21,000 in prize money. The main event has a $10,000 buy in. Several others have $10,000 buy ins, but most range from $2K to $5K. Where did the other $11,000 go?