Cripes... group of friends and I would get together and all put in a dollar or maybe $5 if we were feeling like real high-rollers...
We played a lot for a few months and I ended up about $50 in the positive. There was usually 5 or 6 of us, and we'd split it up to where at least third-place got their entry money back... I wanted to try the winner-take-all... no luck getting that notion backed, bunch of losers.