Obviously promoting some Ponzi scheme and OP still arguing that this isn't a promotion.
Letting people join the system because of a prize pool is considered as promoting.

There are no winning on round #1 and round #2 so it means this promotion will keep going and keep bumping.


Some members got red trust because of supporting this Ponzi scheme.
Check this thread here: https://bitcointalk.org/index.php?topic=5192283.msg52776733#msg52776733