BETNOMI has opened the door for us to have a new poker series ran on their site. They ran a couple freerolls for everyone to test out the platform and try different starting stacks to see which suited everyone, now it's time to get the series started.
InformationThe series will feature 8 qualifier tournaments, a Grand Final and a Runners Up Final. There is an internal points structure, where you accumulate points to qualify for the Grand Final. If you are a regular player, you will automatically qualify for the Small Final(not open for qualifiers into the Grand Final).
We play Texas No Limit Hold'em, the starting stacks are 20000 chips, blind levels are 10 minutes and there is no late registration available.
Also considered opening a telegram group if you guys wanted to talk about this without it being on the forum. I'll leave that up to you.
TelegramTELEGRAMEntry fee and PW InfoThe entry fee per tournament is $15. The site allows BTC deposits but your currency is shown in USD.
$5 you send to the account "Undertermined" via Buddy transfer. All of that money will go towards the prize pool for the Grand Final.
There are no entry fees for the Grand Final and the Small Final.
The tournaments are password protected, you will get the passwords via Personal Message (PM) in this forum, after you have sent the $5 per tournament to "Undetermined".
Tourney ScheduleA total of 8 qualifier tournaments will be played inside 8 weeks, Sundays 5PM GMT. If possible, register as early as possible, since there is no late registration available. Just send $5 to "Undetermined", get the password and register for the tournament for a fee of $15.
Q#1: 11/15/2020
Q#2: 11/22/2020
Q#3: 11/29/2020
Q#4: 12/06/2020
Q#5: 12/13/2020
Q#6: 12/20/2020
Q#7: 12/27/2020
Q#8: 1/03/2020
How the points workTo determine who will qualify for the Grand Final, we have an internal point structure, where you get a number of points for each tournament, when you finished inside the Top 10.
10th = 1 Point
9th = 2 Points
8th = 3 Points
7th = 4 Points
6th = 5 Points
5th = 6 Points
4th = 7 Points
3rd = 8 Points
2nd = 9 Points
1st = 10 Points
If two or more players have the same amount of points after 8 tournaments, the average finishing position in all tournaments participated will be the tie-breaker.
Grand FinalThe 9 players with the most points from our internal point system will be eligible to play the Grand Final, which will take place on "Undertermined". You will likely have to register for this tournament with a password I will send to all the qualifiers and don't have to pay an entry fee. Betnomi is sponsoring $1000 for this tournament and the $5 per tournament and participant from the qualifiers will be part of the prize pool as well. This additional prize money for the Top 3 will get sent to you via Buddy transfer on Betnomi.
1st: 40.1% of Prize Pool
2nd: 39.9% of Prize Pool
3rd: 20% of Prize Pool
Not sure if I can change this. This looks to be their standard payout on 9 players. If nothing else winners can transfer $$$ between each other if you guys are set on 50% 30% 20%
The Little FinalEvery player who joined at least 2 of the 8 qualifying tournaments, will be eligible to play in the Small Final, no matter how many points they accumulated. You will receive a password for this tournament and don't have to pay an entry fee. TBD: I prefer only players to participate in this who have not qualified for the Grand Finale.
The date is TBA and the prize is $300.
SpreadsheetYou can follow and monitor all happenings in the spreadsheet:
If you have any questions or find any mistakes, feel free to mention it in the dedicated threads or PM "Undetermined"
MiscellaneousIf you paid fees , but aren't able to participate in a tournament for whatever reason, the extra fee will be considered a donation. This is non negotiable. Consider it a gift to the big pool and move on. It's $5