2+2 Does not endorse, encourage or sponsor any such challenge.
Pokerstars Winrate Challenge.
Terms
100k of Hands in March.
Highest winrate wins.
No more than 12 tabling - must be able to independently demonstrate.
Conditions
$2 dollar penalty per 1k of hands short of 100K $1 per 1k of hands for those 25NL less
Winrate calculated on Total hands played for March @ and only @ nominated level.
PokerStars
Must not have hide feature activated.
Cannot play below regular level as nominated level.
Minimum qualifying total 80K of hands
Discount of 0.1ptbb/100 per 1k of hands below 100k of hands
e.g. 95k of hands @ 4ptbb/100 = total of 3.5ptbb/100
1ptbb/100 Handicap for 50NL vs 100NL
2ptbb/100 Handicap 25NL vs 50NL
e.g.
100NL player earns 3ptbb/100 = 50NL must earn 4ptbb = 25NL must earn 6ptbb
Prop bet Risk/Reward
- you risk one BI of your level if won by level higher than you wins, If you lose to someone lower than you - you payout the BI of the winner level
e.g. 25NL wins - 100NL and 50NL pay each $25 to 25NL
100NL wins - 25NL pays $25 and 50NL $50
So you only risk one BI of your level but can only win a BI of your level from each player.
Any penalty dollars for volume under 100K goes to winning player.
HEM players must work out a way to demonstrate that they have not played more than 12 tables. PT3 will show an MT ratio no greater than 12.
Winner gets to choose 2+2 Location details for duration of month of losers.
Entrants will use an Honour system for payment - no escrow. If you dont well you are diaf scum.
Entrants will agree upon an Independent judge of winrate.
Rich and Digger reserve the right to refuse entry.
Entry only to those who regularly particpate in Micro FR.
Why regulars should enter?
If you need motivation to turn out good numbers & good volume - this is for you.
At most you are risking $300 dollars for 100NL for 50NL $250 or $225 25NL
i.e. you commit to challenge play no hands you lose your BI +$2 per 1k of hands short of 100K
Why only 12 tablers or less - well 24 tablers can do their own challenge.
Without Garph and Screenshots posted in thread at end of Challenge - prize cannot be awarded and challenge will go to next highest winrate published.
Entrants agree to at least one screenshot per week of challenge.
Rich start off scratch 100NL - 100K
Dog and Star come of 1pt bb handicap -50NL - 100k
Teddie 1.5ptbb h'cap - 50NL 16 tabling
Danimal comes off a 2.5ptbb/handicap - 25 NL (20tables)167k hands
Tao comes off a 5ptbb/handicap 10NL
If ALL players reach their volume target then maximum liability is
Rich $50 If we got another 100NL er Rich liability would be $100
Dan, Star Teddie $50
Danimal $25
Tao $10
Bear in mind the penalty on winrate if you just fall short as well as the $2 for 50NL +
ANd 25NL and less of $1 per 1k of hand
The start and finish of the March will be determined by timezone NOT Stars clock.
e.g. Dog starts before everyone else but ends before everyone else given Australia's timezone.
Each Player Agrees on disclosing playing SN upon request of other entrant - on the explicit understanding of never disclosing it without the advanced, expressed permission of player.
If any player is in danger of busting up - if all players agree then all liabilities of player can be forgiven. The point of this challenge is not to break anyone.
If Ship It Trebek determines that someone habitually went over table limit to achieve volume - forfeiture of chance to win is immediate.
All Volume underperformance fines shall be placed in prize pool for winner.
GL and prepare to get pwned.
Please place all further posts in this thread.