League Rules/Signup (Summary)

[BlibbityBlabbity]

So this is the official summary. This will be the official rules and signup list. I will keep this updated with the current rules if there are any changes.

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RULES:

So far the league setup that seems to have the most support and has the most liklyhood to come off well is as follows...

1) 10 events
2) Each event has a buyin and there for a prize pool. ($10+$1 is the minimum byin for a private event at PokerStars and that seems to be where everyone wants to play.) These will be normal tourneys with standard PokerStars payouts.
3) Each player also puts in a League entry fee. (This goes to TP via Pokerstars transfer prior to first event).
4) Winner of each league event is awarded points based on their place in the event (see points distribution list below).
5) Overall point leaders at the end on the 10 league events will be awarded portions of the prioze pool (percentages as shown in League Payouts list below).

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LEAGUE PAYOUTS (UPDATED):

Based on overall points total from top 6 events

1st - 40% - $80
2nd - 30% - $60
3rd - 20% - $40
4th - 10% - $20

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POINTS DISTRIBUTION FOR INDIVIDUAL EVENTS (NEW)

--Your best 6 events count toward the overall total

--Number of points in play will be {number of players x 10}

--number of payout spots (splitting up the points) will be determinted as follows:

3-4 players
1st - 60%
2nd - 40%

5-8 Players
1st - 50%
2nd - 30%
3rd - 20%

9-10 Players
1st - 50%
2nd - 25%
3rd - 15%
4th - 10%

11-20 Players
1st - 40%
2nd - 25%
3rd - 15%
4th - 10%
5th - 6%
6th - 4%

20+ Players
1st - 35%
2nd - 25%
3rd - 15%
4th - 10%
5th - 6%
6th - 4%
7th - 3%
8th - 2%

3-4 player senarios are in there just in case, but I don't think we should eeven play an event if it is less than 5 handed. Is it possible to set that in when setting up the tourney TP?

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SCHEDULE (UPDATED)

Thursday 1/19/06 9:30 PM EST Password: tpfleague1
Sunday 1/22/06 9:30 PM EST Password: tpfleague2
Wednesday 1/25/06 9:30 PM EST Password: tpfleague3
Sunday 1/29/06 9:30 PM EST
Wednesday 2/1/06 9:30 PM EST
Saturday 2/4/06 12:00 PM (noon) EST
Tuesday 2/7/06 9:30 PM EST
Sunday 2/12/06 9:30 PM EST
Thursday 2/16/06 9:30 PM EST
Sunday 2/19/06 9:30 PM EST

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SIGNUP LIST:

Here is the list of those who have expressed interest in the league...
18 Confirmed

20 paid=$200 Prize Pool
TalkingPoker
jillaj
Govman6767
BlibbityBlabbity
thrash1294
pshabi
JDMcNugent7
Mayhem45
Gordogg
jimmym
drewjax
studiopet
Zybomb
RobbieRobb
lightfungus
Tony Cheval
ChipFish
MathBabe
bigjohnstud2o
Hawt


Akverno
Mikesizl

BrianSWA
jaeh00d
420Smurf
BDMK
chrisash
olysports

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So to answer the ineveitable question of "How much is this going to cost me"....

League entry fee: $10 payable to 'TalkingPoker' on PokerStars

Individual event buyins: $10+$1 (minimum at PokerStars), BUT, you don't HAVE to play in them all if you choose not to. Only the top 6 point scores will count.

As far as the passwords, if someone enters that is not a member of the league they WILL generate points (their play will add 10 points up for grabs in that event) but at the end they will be removed from the calculation for placings and WILL NOT recieve any points toward the prize pool.