Welcome back! We all have just over a month until our dreams of winning this league are crushed (except for you, winner).

We've made some big changes to the format this year that should make things more interesting and fun. We've also added two side contests. So read all the terms to make sure that you have all the info!

Please keep in mind that I reserve the right to adjust these rules should I have made a grave mistake. You can have your money back if you don't like a rule change.

Official 2014 2+2 Pokercast WSOP Fantasy League

Deadline
The first open event is May 27 at 4:00 Pacific time. All entries and payments must be received by this time.

Payouts
Payouts will be awarded to roughly 10% of the field. The payout total will be all money collected minus any fees incurred from paypal, transfers, etc. There's no rake. We will be using the Full Tilt standard tournament payout structure, which goes as follows (payout percentages are listed first place, second place, etc)

28-36 players (45%, 25%, 18%, 12%)
37-45 players (40%, 23%, 16%, 12%, 9%)
46-54 players (38%, 22%, 12%, 11%, 8%, 6%)
55-63 players (35%, 21%, 15%, 11%, 8%, 6%, 4%)
64-72 players (33.5%, 20%, 14.5%, 11%, 8%, 6%, 4%, 3%)
73-99 players (32%, 19.5%, 14%, 11%, 8%, 6%, 4%, 3%, 2.5%)

Submitting Your Team
Please DM me your picks. If you are new to the forums and can't DM yet, please email them to pokercastfantasy (at) (gmail) (dot) (com). Please include your 2+2 username in the email.

Active Roster
You have a salary cap of 1500 points to spend.

You must pick 10 players (no more, no less) from the list, or off, using these 1,500 points to form your active roster.

Any room left over in your salary cap can be used during the Series to make room for your bench player if needed.

Bench Player
In addition to your active roster, you must also select one bench player. This player will not count towards your salary cap. At any time during the WSOP, but only once, you can swap out an active player and swap in your bench player.

However, you must have the salary cap space for your bench player to enter. This means that the sum of the player being removed+your leftover salary cap space cannot be less than the point value of your bench player. For example, if I have 75 points left over in salary cap space, and I drop Joe Smith (value of 100 points) from my roster, I can only put my bench player in if they have a value of 175 or less. So don't make Negreanu your bench player.

You will lose points accumulated by your active player prior to the swap, and points acquired by your bench player prior to the swap will not count.

This means you will have a total of exactly 11 players (10 active and one bench)


Player Point Values
We are changing up the way teams are picked this year. We have taken players from the last three years of the WSOP POY race and created a weighted average based on their POY scores. This weighted average is calculated as follows:
2013: 50%
2012: 30%
2011: 20%

If a player has a score of "0" for any give year, it does not mean that they didn't accumulate any points. They just didn't make the top 500.

You can view the player list here

A player’s weighted average is how many points they cost as a selection. Any player not listed will cost 75 points. Please ignore decimals.


Changing team prior to closing of registration
You can change your picks as often as you would like up to the close of registration. I will do my best to validate that all teams stay within the salary cap. However, if it is later determined that a team is gone over in points, your sub can be put into your team while swapping out another player and keeping you under the cap, you may do that. Otherwise, you can remove players of your choice to bring you under cap.


Posting of Teams
I will post all teams as soon as I am able to after the start of the first open event.

Multiple Entries
You can enter up to three times ($20 each).

Scoring
Score will be based on your team's combined WSOP player of the year points based on 2013 rules. All bracelet events count except for casino employee, women’s and senior’s.

WSOP Europe and Asia/Pacific
This league does not include WSOPE/Asia Pacific

Entry fee
Entry is $20 USD (plus two side pools for $10 each). Held in escrow by Johnny Douglas.

Payments
Payment info to be posted shortly. You must pay by the start of the first open event in order to participate.
For payment, complete this form. Methods of payments include Pokerstars and Paypal.

Side Pools!
I would like to open two side pools this year:

1. Bracelet race side pool. Participation for this is $10. The team with the most bracelets during the WSOP wins. Winner-take-all. The pot is chooped equally in the event of a tie.

2. Main Event Pool. Participation for this is $10. The team with the highest POY points awarded during the Main Event wins. Winner-take-all. The pot is chopped equally in the event of a tie.

Both side pools use the exact same roster as the main pool. If you make a change in the main pool, you make a change in the side pools.


Disclaimer

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I like it already.

To be clear, this is a one-time swap, correct? So like a sub in baseball or soccer/football. Once the first player comes out, he/she can't be reentered. Otherwise, that could become an accounting nightmare for someone to have to keep track of what points were accrued or not accrued, depending on the active roster.

Sweet. Awesome format. When you say pick active player, do you mean we just have to pick players from the list provided by you only?

Side pool for main event uses your same team picked for series? Bench player not used for ME side pool?

Bracelet side pool will be split with tie? If no multiple bracelet winner for example everyone that had a single bracelet winner on their team splits side pool?

Correct, one time swap. I'll make that clear in the instructions. Thanks.

You can pick anyone you want to be on your roster of 10 active players. They cost 75 points If they aren't on the list.

By "active" I mean anyone who isn't your designated bench player. Your core roster of 10.

Side pools use the exact same roster you have for the main pool.

Yes, side pools will be chopped in the event of a tie. I'll make that clear. Thanks.

just to be 100% clear can I check that players not on the list have a value of "0" and I can pick as many as I want for my team?

Also I think it's funny that this thing is only taking Vegas into account even though the player values take Australia and Europe into account:

Daniel Negreanu got 890 POY point in 2013 and cashed for $2,265,752 [$1,009,353 in Australia, $1,104256 in Europe and $152,143 in Vegas]

Phil Hellmuth got 889 points in 2012 and got the majority of his points for his Europe Main Event win

The majority of the other players seem to be rated fairly but these two guys seem very much overrated for this tournament

No, not at all.
1. It says players not on the list have a value of 75
2. The paragraph you quoted says you can only pick 10 players from the list, or off. You also get one bench player for a total of 11 players.

I don't think it's an issue. Fantasy football usually ends at week 14 (with playoffs ending two weeks later), but a player's value is based off 17 weeks of games as well as playoff performance.

I have a question is it 1500 points and that's for 10 then any choice for the 11th?

Edit: makes sense now after I re-read it.

I'd suggest though that the change for the bench should be counted with the previous points counting for the old player ie; you switch player a who has earnt 30 points for player b who has earnt 20 points. You get the 30 points and any new points acquired by b

Yes, any choice for 11th (bench) player, but you can only put them in if there is cap space (value of player taken out + remaining cap space)

The rule was made in the spirit of allowing you to swap out someone who isn't playing, not someone who is playing poorly. So you can't carry points forward.

I don't understand this restriction. If for some reason Ivey doesn't play for sudden family/personal issues, I want to be able to swap him for my bench player, even though he has a greater value than my bench player.

Or maybe I missed the point.

Sorry, I misspoke. The bench player has to fit within cap space. Point value of player being taken out+remaining cap space.

Bumping the official thread.

So did I miss something or are we still waiting for the payment situation to be finalised?

I have an idea for my team and a few alternates if there is breaking news or I change my mind between now and the WSOP

I will be opening the wicket sometime during, or just after the Easter weekend.

As stated in the rules, you can change your mind as often as you like up until the start of the first open event.

Nit question. Are the costs per player to be added to reach 1500, or are they added as 0 decimal places. For example, if I take the sum of my team points, I get 1501. If I sum the int values of from the chart, I get 1498.

I say there is a 0.5 probability that decimals will count.

can you do two side pools or six side pools maximum (two for each $20)?

Decimals do not count. I'll see if I can remove them. Don't round up, just pretend they are not there.

You can do three main entries as well as three of each side pool (one for each team you enter in the main league).

I couldn't find my name on the player list. I have over 20 cashes in past 4-5 years.

I can answer that. Anyone that picks you will have to use 75 points to do so since you are not on the list.