Not sure how long the site has been around or how long they been doing these leagues/tourney. Dude that runs the site reached out to me because of my interest in FIFA and I just ran with it. Ive participated in a few tourneys so I know its legit. I can see how the payout ain't enough for some...
Yea I agree the payout isn't great but at the same time there's cats paying $20 for a raffle to try to win a pair of shoes so in a sense its kinda the same thing. Paying $20 for a shot to win $100 ain't bad, I mean if you're good at FIFA of course. But I can see how the setup can turn people away.
To the site hosting it. That's how they got it setup unfortunately. Got the option for an $80 grand prize with $20 for runner up but that's pretty much it.