Fees
$20 per season due first tournament
$10 per tournament fee
$5 each evening that will go towards the final Championship Tournament Payout
Night 1, you will need $45. Every subsequent night, you will need $25
Points System
Players will earn points based on their finishes in each tournament
The points will be as follows:
1st Place - 10 points
2nd Place - 7 points
3rd Place - 5 points
4th Place - 3 points
5th Place - 1 points
Contest Details
There will be a total of 16 tournaments possible over 8 nights of two tournaments per night. However, only your top 10 finishes will count toward the standings. This will allow for players to miss a couple of tournaments and it not effect their standings. Of course the more tournaments you play in the higher the chance of getting more points.
Season Tournament Structure
All games will be Texas Hold ‘Em with rotating dealer
Players start with 100 in chips
20 white ($1)
10 red ($5)
3 blue ($10)
The blinds start at 1 / 2 and increase every 10 minutes
The blinds schedule is as follows:
1 / 2
2 / 4
3 / 6
5 / 10
10 / 20
15 / 30
20 / 40
25 / 50 etc
Final Tournament Structure
The starting chips for the final tournament will be based on the number of points you have accumulated. There are a total of 26 points available in each of the regular season tournaments. With 16 tournaments, that makes a total of 416 points. Each regular season point earned will be worth 3 chips in the final tournament. You will also receive an additional 50 in chips to start with. There will be no maximum. That will have us about 1700 chips in play, assuming a few points get dropped here and there by better finishes.
Biweekly Tournament Payouts
10 Players - $50/$30/$20
9 Players - $40/$30/$20
8 Players - $40/$25/$15
7 Players - $40/$20/$10
6 Players - $30/$20/$10
5 Players - $25/$15/$10
Season Payouts
Regular Season points leader - 35%
Regular Season #2 in points - 15%
Ending Tournament Winner - 35% + a RING!
Ending Tournament 2nd Place - 15%
This payout structure awards consistent play as well as having a strong year end tournament. Also, it is a double reward for the high regular season points leaders, as they get the most chips at the ending tournament.