Quote from: efialtis on Today at 11:24:11 AM

#4 Bitcointalk Poker Series is real!

I am happy to announce that our 4th Bitcointalk Poker Series @ SwC is happening and it's coming soon, very soon! Cool

The first qualifier will already be played on this coming Sunday. SwC is once again our host and and adds the following prizes: 0.05 BTC guaranteed Freeroll for the Finalists, BIG BTC Ticket worth 0.01 BTC, 0.01 BTC guaranteed Runners Up Freeroll & a SwC Flexfit Hat!

The qualifiers are already live in SwC's tournament lobby - I have already received all passwords and will share them with the regulars shortly. Even the Runners-Up Finale has already been set up. Wink

I feel the lottery was a nice addition and so the rules and conditions will remain the same as in season #3. Below you can find all the information regarding Series #4.

See you at the tables and let's see how many players (and new players) we will be attracting this time around, so spread the word please!

Index

General Information & Series Structure
Entry Fees & Passwords
The Qualifier Tournaments
Internal Point Structure
The Grand Final
The Small Final
The Lottery
The Spreadsheet
Miscellaneous

General Information & Series Structure

The Bitcointalk Poker Series sponsored by SwC Poker can be joined by any interested poker player with a Bitcointalk account. If you don't have a Bitcointalk account yet, feel free to make one. We would be happy, if you engage in discussions about the series and/or Poker, but it's not mandatory. We welcome players of any skill level, any age, any gender, any colour. The tournaments will be played on Sundays 5 PM GMT.

The series will feature 8 qualifier tournaments, a Grand Final, a Runners Up Final, a lottery and hopefully lots of fun and suckouts. There is an internal points structure, where you accumulate points to qualify for the Grand Final. Every participation will also give you tickets to the lottery. If you are a regular player, you will automatically qualify for the Small Final.

We play Texas No Limit Hold'em, the starting stacks are 5,000 chips, blind levels are 10 minutes and there is no late registration available.

You might also want to join the Bitcointalk Poker Community Server on Discord: Join here.

The first three series:
Series #1
Series #2
Series #3

Entry Fees & Passwords

The entry fee per tournament is 1,400 Chips or 0.0014 BTC.
1,000 chips you pay for registering for the tournaments directly at SwC.
400 chips you send to the SwC account "youcantwin" via P2P transfer. 200 of those chips go towards the prize pool for the Grand Final, the other 200 chips towards the lottery.

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 400 chips per tournament to youcantwin. If you intend to join all 8 qualifier tournaments, it would be helpful, if you send all extra fees (3,200 chips) upfront.

The Qualifier Tournaments

A 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 400 chips to youcantwin, get the password and register for the tournament for a fee of 1,000 chips.

Q#1: 08/30/2020
Q#2: 09/06/2020
Q#3: 09/13/2020
Q#4: 09/20/2020
Q#5: 09/27/2020
Q#6: 10/04/2020
Q#7: 10/11/2020
Q#8: 10/18/2020

Internal Point Structure

To 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.

The Grand Final

The 9 players with the most points from our internal point system will be eligible to play the Grand Final, which will take place on 08/23/2020. You will automatically get registered for this tournament and don't have to pay an entry fee. As in the past, SwC is sponsoring 0.05 BTC among other things for this tournament and the 200 chips 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 P2P transfer on SwC.

1st: 50% of Prize Pool + BIG BTC Ticket worth 0.01 BTC & a SwC Flexfit Hat
2nd: 30% of Prize Pool
3rd: 20% of Prize Pool

The Small Final

Every 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. That is in case both Finals will run simultan 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 and prize money is TBA.

The Lottery

To give anyone the chance to win some money, we introduced a lottery for the third series, which will be funded from the extra fees you send to youcantwin. With each participation you will get 10 tickets for the lottery. For every point you get via the internal point system, you will get one additional ticket. So if you played 6 tournaments and accumulated 18 points, you will have 78 tickets for the lottery. If you played only one tournament and did get no points, you will have 10 tickets. Etc.

After those 8 qualifying tournaments, the draw from a trusted member will take place via a random number generator. Each player can only win one prize from this lottery, so if you win a prize in first draw, the rest of your tickets will get voided. The number of prizes depends on the amount collected for the lottery. For every 10,000 chips, there will be one prize. If the total pool is 18,000 chips, there will be two prizes of 9,000 chips each. If the total pool is 24,000 chips, there will be three prizes of 8,000 chips each. Etc.

The prizes will get sent to your SwC account via P2P transfer. The date of the lottery is TBA.

The Spreadsheet

You can follow and monitor all happenings in the spreadsheet: Bitcointalk SwC Poker Championship Series

If you have any questions or find any mistakes, feel free to mention it in the dedicated threads or PM @efialtis or @tyKiwanuka.

Miscellaneous

If you paid extra fees upfront, but aren't able to participate in a tournament for whatever reason, the extra fee will be considered a donation, unless you request a refund. You won't get any tickets for the lottery, if you don't participate in a tournament, even if you donate the extra fee.

Any dispute should get resolved via majority decision.

So how can someone participate for the game if the person develop interest to join.
Some really need the protocols before engaging into it.
I really love the price for the winner and their even paying with bitcoin.