Am I missing something huge here?

Betfair is offering a 550usd sat to win a 24kusd package. This package includes:

Each Betfair $24,000 package includes:

* $20,700 buy-in to the WSOP Europe Main Event
* $3,300 to cover Expenses (to cover accommodation and flights)
* Access to the exclusive Betfair Players Lounge
* A Betfair goody bag
* A prize pool of over £4,000,000
* VIP Ticket collection in Players Lounge


The buyin to the main event is 10,500GBP though which as of today converts to:

Live rates at 2008.09.06 17:33:56 UTC
10,500.00 GBP=18,567.15 USD
United Kingdom Pounds United States Dollars
1 GBP = 1.76830 USD 1 USD = 0.565515 GBP

So where is this extra 2k and change going?





It's even worse on Poker Stars. For the high roller SNG sat it is a 20 person 2,000+100usd buyin and the prize pool only pays out one place for the 20kGBP seat. 20kGBP is only 35,365usd !!! So what is PS doing with the other 5k???


I sent an email to Stars and as of yet have had no response. Can someone help with this? I want to play some of the sats!