Betfred - package to the WSOP

How does a share of $50,000 and a package to the WSOP sound?
From the 1st February 2011 Betfred Poker will run a MTT Leaderboard across four full calendar months until 31st May 2011. The promotion will rank all players who participate in any of the scheduled tournaments. Are you interested yet? Click here for our scheduled tournament list. Calculation of leaderboard points: Players will receive points for participating in any of the network’s tournaments, based on the below formula, which takes into consideration the tournament buy-in ,the number of players in the tournaments (these are derivatives of the prize-pool), and the finishing position of the player in the tournament. Calculation formula:

The Buy in coefficient (seen in the above formula) will be determined according to the following table:
| Category |
Buy in |
Coefficient |
| High |
$100 and above |
4 |
| Medium |
$20-$99.99 |
3 |
| Low |
$5 - $19.99 |
2 |
| Micro |
$0.50 - $4.99 |
1.5 |
| Freerolls |
$0 |
0.5 |

Examples of different cases:
| Points |
Buy-in coefficient |
Buy in |
Place finished |
# of players |
| 100.00 |
2 |
10 |
1 |
100 |
| 516.13 |
4 |
300 |
1 |
666 |
| 103.22 |
4 |
300 |
25 |
666 |
| 410.79 |
3 |
20 |
1 |
750 |
| 129.90 |
3 |
20 |
10 |
750 |
Payout and results For every player, the best 20 results (derived by the formula) for each month will be counted towards the leaderboard points for that specific month. This is in order to prevent a situation where players have a better chance by playing more, but also to ensure a minimum amount of tournaments played. Monthly Leaderboard:
| Position |
Prize |
| 1st |
$1,500 + Entry to the Monthly $2,500 FR |
| 2nd |
$1,000 + Entry to the Monthly $2,500 FR |
| 3rd |
$750 + Entry to the Monthly $2,500 FR |
| 4th |
$500 + Entry to the Monthly $2,500 FR |
| 5th |
$350 + Entry to the Monthly $2,500 FR |
| 6th |
$250 + Entry to the Monthly $2,500 FR |
| 7th |
$170 + Entry to the Monthly $2,500 FR |
| 8th |
$125 + Entry to the Monthly $2,500 FR |
| 9th |
$100 + Entry to the Monthly $2,500 FR |
| 10th |
$80 + Entry to the Monthly $2,500 FR |
| 11th - 20th |
$70 + Entry to the Monthly $2,500 FR |
| 21st - 30th |
$60 + Entry to the Monthly $2,500 FR |
| 31st - 40th |
$50 + Entry to the Monthly $2,500 FR |
| 41st - 50th |
$40 + Entry to the Monthly $2,500 FR |
| 51st - 75th |
$30 + Entry to the Monthly $2,500 FR |
| 76th - 100th |
$25 + Entry to the Monthly $2,500 FR |
| 101st - 150th |
$20 + Entry to the Monthly $2,500 FR |
| 151st - 200th |
$12 + Entry to the Monthly $2,500 FR |
| 201st - 500th |
Entry to the Monthly $2,500 FR |
Freerolls:
| Position |
Prize |
| 1st |
$250 |
| 2nd |
$190 |
| 3rd |
$170 |
| 4th |
$145 |
| 5th |
$125 |
| 6th |
$100 |
| 7th |
$75 |
| 8th |
$50 |
| 9th |
$40 |
| 10th |
$30 |
| 11th - 25th |
$25 |
| 26th - 50th |
$18 |
| 51st - 75th |
$12 |
| 76th - 100th |
$8 |
Leaderboard Overall Final Leaderboard and Prizes: After a four month period, the top 20 players on the final ranking board will win a WSOP Executive Experience packagewith a total value of $5,000 for each package. The package includes:
- Buy-in to one of the WSOP side events: estimated at $1,000.
- Accommodation for the period of the event: estimated at $650.
- Executive perks package: estimated at $2,000, which includes
-
- Excursion.
- Dinner for two at the Exclusive SW steakhouse at the Wynn.
- Two top notch tickets to a Cirque Du Soleil show.
- Limo pick-up to and from the Las Vegas airport.
- Cash for flights and spending: estimated at $1,300.
- Handling fees: estimated at $30.
*The prices mentioned above are an estimate only; iPoker/Betfred will finalize the package as soon as the WSOP 2011 schedule is published. Terms & Conditions
- The counting periods for this promotion are:
- Calendar months: Feb 1st – February 28th, March 1st – March 31st, April 1st- April 30th and May 1st- May 31st. (2011)
- Final: February 1st – May 31st, 2011.
- All periods start at 00:00 and end at 23:59 (GMT).
- The rankings for the leaderboard are based on the accumulation of “Leaderboard Points”, based on the following formula:

- The best 20 results for each player will be counted towards the leaderboard points, over a period of one calendar month.
- Only registrations to scheduled Betfred tournaments with cash buy-in (with an exception of freeroll) are eligible to leaderboard points. All other type of buy-in tournaments, satellites and private tournaments will not be counted towards this promotion.
- Prizes will be awarded to the top ranking players in the leaderboards based on the payout structure which is described above.
- Interrupted tournaments do not count towards this promotion. A tournament must be played to completion in order for the players to be eligible for leaderboard points.
- In case there is a tie between player's leaderboard points in paid places, all players with that number of points will be issued an average amount of their prize (as per their positions). For example, if two players are positioned in the 1st place, each of them will receive $1,250 which is an average of the 1st and the 2nd places prizes.
- Multi currency tournaments with either a currency which is not USD, or prizes which are not USD, will be converted to the Betfred's base currency, which is USD.
- Quarterly leaderboard: the top 10 players will be eligible to enter the freeroll which will give away a winner’s choice package. (Up to $14,000). The freeroll will take place on February 13th at 20:00GMT. The winner’s package can include several packages to deferent events, as long as the total value is not exceeding the amount of $15,000 and in this case, the extra $1,000 is on the player’s expenses. The players will be able to convert their winner’s choice package to $10,000 in cash.
- Leaderboard XMLs will be updated on a daily basis, until 12:00 PM, GMT.
- Betfred Poker reserves the right to refuse payment to any player which is found colluding.
- Payments will be made up to 7 days from the leaderboard completion through holding tanks.
- Betfred Poker may amend/cancel the promotion at its sole discretion at any given time.
- Tournaments are counted towards this promotion based on their end time.
- The above terms and conditions are additional to and operate in conjunction with the General Betfred terms and conditions.
- All decisions made by Betfred Poker are final.
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