CREATE TABLE table_24732 ("Date" TEXT, "Event #" TEXT, "Event" TEXT, "Winner" TEXT, "Prize" TEXT, "Entries" TEXT, "Prize Pool" TEXT, "Elapsed Time" TEXT)

How many categories for elapsed time exist for the $16.50 fixed-limit badugi game?
SELECT COUNT("Elapsed Time") FROM table_24732 WHERE "Event" = '$16.50 Fixed-Limit Badugi'
SELECT COUNT("Elapsed Time") FROM "table_24732" WHERE "Event" = '$16.50 Fixed-Limit Badugi'