Let busted players buy in again, take a house fee on each entry, guarantee a prize pool, pay places by a % of the field, keep a jackpot back and give early-bird chips.
Weekly tournaments in most card rooms are re-entry tournaments with a house fee, a guaranteed prize pool and places paid as a share of the field. The Club House runs all of it from the tournament's Payouts page.
Choose Re-entry as the tournament type. A player who busts can buy in again while registration is open: they get a new entry, the starting stack and a new seat drawn at random. Every entry adds to the prize pool and counts toward the places paid. The player stays one line on the players list, with an Entries count that opens the history of their entries. The bust before a re-entry stays a knockout for whoever made it, in league points and in every stat.
Add a Fee beside the buy-in price. A $160 price with a $40 fee is a $200 entry, shown everywhere as "$200 (160+40)". Only the price goes into the prize pool. Players' spend includes the fee; league points do not change. Fees show to the club's hosts on the Payouts overview, never to players or on a TV.
Set a Guarantee to promise a minimum prize pool, such as $4,000 GTD. When the entries fall short, the pool is still the guarantee, and the difference (the overlay) is what the house adds. The overlay shows to hosts only. A set amount always wins over a guarantee.