You have to change your wager plan. They changed the requirement almost one month ago. Now you need to be at least Gold VIP rank user to be eligible for the bi-weekly poker tournament. And $50k wagering is required to reach gold rank.
Fuck me, I am dead. I don't want to wager $50k to become eligible to play the poker tournament. 10K wasn't too much, to be honest. I should have done it a long time ago and played the first two tournaments. I wagered around $5K on the first wagering contest and then had no chance to participate since I became too busy with real-life things and other forum stuff.
Nah, you were right that I have to change my wager plan. I think it would be best not to chase the 50K anymore but just play for entertainment or participate in other wagering contests.