Interesting new UB tourney

[Penguinfan]

It's a "Rebuy and Alternate" event. Limited to 50 players with standard rebuy rules, however you can still register after the first 50 and be an alternate. You can still get a seat during the first two blind levels if someone busts out and does not rebuy.

Ever play anything like that? I have heard of this live events, but not as a rebuy game and I have never played in one.