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So do they usually do chip chop or ICM?
In the money - If a regular, turbo/hyper or rebuy and add on Multi-table Tournament is in the money and is cancelled; players that have been eliminated from the tournament will not receive any compensation for the tournament. Players that remain in the tournament will receive the following compensation: A. All remaining players will receive the next minimum payout when the tournament is cancelled B. The remaining prizepool will be distributed on a percentage basis according to each players chip stack, for example;
There are 307,500 chips left in play and only 4 players left. After each player is awarded the next minimum payout of $95, there will be $260 left in the prizepool to distribute to the remaining field as per chip count. This is worked out as:- $260 remaining monies ÷ Chips left in play = 0.000845 therefore each chip is worth this amount. We then take this amount and multiply it by a player’s chip stack. Player 1 – 152,205 x 0.000845 = $128.61 + $95, Player 1 will receive $223.61 Player 2 – 82,873 x 0.000845 = $70.03 + $95, Player 2 will receive $165.03 Player 3 – 45,500 x 0.000845 = $38.45 + $95, Player 3 will receive $133.45 Player 4 – 26,922 x 0.000845 = $22.75 + $95, Player 4 will receive $117.75
Read more at:
https://blackchippoker.eu/poker-tour...rnament-rules/