CREATE TABLE table_22050544_3 (elapsed_time VARCHAR, event VARCHAR)

How many categories for elapsed time exist for the $16.50 fixed-limit badugi game?
SELECT COUNT(elapsed_time) FROM table_22050544_3 WHERE event = "$16.50 Fixed-Limit Badugi"
SELECT COUNT("elapsed_time") FROM "table_22050544_3" WHERE "$16.50 Fixed-Limit Badugi" = "event"