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RedBet Pokerlympics 2012

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REDBET Pokerlympics 2012

Redbet are giving their players the chance to participate in the 2012 Pokerlympics Promotion.

The tournaments will follow Leaderboard process but with no immediate payouts made in any of the tournaments. Instead, the total prize pool of every tournament will be added to the Leaderboard prizes and paid out once the series has been completed where there will also be €10,000 in added prizes.

The Pokerlympics will start on 9th July and will run until the 22nd July 2012, with 2 tournaments running a day. Tournaments will have a buy-in of €5 each that will accumulate and go to the Leaderboard payout.

The tournaments are detailed below:-

Time (GMT)NameStructure details
17:30Pokerlympics2,500 Starting Stack 15 Minute Blinds
20:00Pokerlympics Turbo2,500 Starting Stack 5 Minute Blinds

For the above promotion players will be rewarded according to their overall finishing positions in the Pokerlympic tournaments as per the below Leaderboard Points System. Payouts will be made to the top 100 players in the Pokerlympics Leaderboard; which will be presented on www.ipnlive.com.

Payouts will be made to the top 100 players in the Pokerlympics Leaderboard; which will be presented on www.ipnlive.com.

Prize structure

The payout structure for the “Pokerlympics” promotion is listed below:-

Position%
115.00%
210.00%
37.50%
45.00%
53.50%
62.50%
72.00%
81.75%
91.50%
101.25%
11 to 201.00%
21 to 300.80%
31 to 500.60%
51 to 1000.40%

Points System – Leaderboard based on Position

The number of points received is dependent on the number of players, and your finishing position.

The algorithm used is:

  • Points = 10*[sqrt(n/k)]
  • n = Number of Players; k = Position
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