We're starting a a poker league for game developers and techies in San Francisco (inspired by the Silicon Valley Poker League).
- Weekly tournaments on Mondays, starting April 1st
- Games are played at Kongregate HQ, at 2 Shaw Alley in downtown San Francisco.
- $60 buy-in plus 2 rebuys in the first hour
- $60 = starting stack of chips worth $1000
- Blinds start at $5 and $10, going up every 15 minutes
- Each player agrees in advance to donate 33% of their winnings to the prize pool (rounded to the nearest $20) and they get 1 point per $1 contributed.
- Grand prize: Entry to a WSOP side event (we'll go for the main event next year)
- If our champion cashes, he/she keeps 20% off the top and the other 80% is paid out accordingly to the points earned during the regular season (including his/her) points. So if the champ had 50% of the season points, they would keep 20% + (50% * 80%) = 60%
- Top 10 players in the regular season will play in a playoff tournament to determine the grand prize winner. The starting chips for each of the players will be their season points times 10.
If you're interested, sign up at
http://sfpokerleague.org