Yeah if you think the match director is getting rich at 30 bucks a person....not so much.
I don't think anyone is getting rich. I'm asking if there is a physical trinket to compete for. Something to say, "Hey, I accomplished this." If there isn't, then I'm asking what the money is being used for. Jsquared made a logical statement about what the money is probably going towards. It has been my experience that if money is paid to participate in a tournament of sorts, then there is a prize associated with it, even if that prize is a cheesy little certificate.