The rules stated that on Friday for every race (of the 5 mandatory) you failed to play you'd be penalized $1,000 from your bankroll - so if he didn't play any Friday wouldn't that mean he'd start Saturday with only $2,500. On Saturday every one of the 5 mandatory races you failed to bet $900 on would penalize you $2,000; seems he shouldn't have had a bankroll left when he began to play. Is the answer that the tournament doesn't apply the penalties until your final bankroll is determined? If so then (to me) that makes no sense and he's a prime example - being able to hold your bankroll until the end and then be successful on a couple of shots, then have them lower your final tally by a few thousand doesn't seem like much of a penalty.