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Greetings! I would like you to meet the Ultimate Tournament Leaderboard, UltimateBet.com’s weekly list of the best tournament players on its site. It’s basically a weekly contest that awards tournament dollars and a chance to win at least $1,000 cash.

Cashing a multi-table tournament (excluding satellites, Sit’n’Gos, UltimatePoint tournaments, and freerolls) will earn you tournament points, and the player with the most tournament points at the end of each week (which starts on Monday and ends on Sunday night) will be that week’s leaderboard winner. If you’re interested in how tournament points are calculated, here’s the equation:

Tournament Points = ln(P) * sqrt(B) * r * 10

P – the number of players in the tournament
B – the buy-in (not including the entry fee)
r – the percentage that the player wins from the prize pool payout schedule

The top 50 Tournament Point earners appear on the tournament leaderboard. 2nd through 10th place receives 100 tournament dollars for their efforts. The person in 1st place by the time Sunday at 11:59 PM ET rolls around wins the chance to play a heads-up match versus a Team UB member the following Sunday at 4 PM ET. If the leaderboard winner wins the heads-up match, (s)he will receive $1,000. If (s)he loses, the $1,000 prize will roll over to the next week’s heads-up match.

If you’re interested in up-to-date data on this leaderboard, please bookmark the following page: http://poker-network.flopturnriver.com/Excapsa-Network.php. Scroll down to where it says ‘Excapsa Software Poker Leaderboard’ and click on a day in the calendar. The page it brings you to will show you hourly player counts for the network as well as the players in the leaderboard for that day (scroll down a little bit to see the leaderboard list). For example, if you check today’s leaderboard, it shows SJSharksNo1 in the lead with 406.88 Tournament Points. He has a very healthy lead over second place and the point accumulation for the week ends tonight, so it looks like he will win this week’s leaderboard.

I will be writing weekly articles covering UltimateBet’s leaderboard, and these will be posted every Friday. Thanks for your interest and see you soon for my first UB leaderboard analysis!