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FTR Chess Tournament
Several of us were talking in IRC and we concluded that there needed to be an FTR chess tournament. Further, we decided we should put some money on it!
Here's the way it's going to work:
A win will earn you a point; a tie will earn you half a point; a loss earns you nothing. We'll start the games as soon as soon as we have enough people signed up, however more can continue to sign up for a while, until we start round 2. In all rounds after round 1, you'll be matched against someone with as close to your score as possible. After 5 rounds, whoever is in the top 4 positions get paid (unless we have a really low turn out, in which case that'll change to top 3 or top 2).
$5 buy-in, (payment means TBA). I can hold the money, or we can ask one of the admins here to do it.
I'm thinking the payout structure would be something like this:
Over 10 people:
1 = 50%
2 = 25%
3 = 15%
4 = 10%
10 or less:
1 = 50%
2 = 30%
3 = 20%
5 or less:
1 = 70%
2 = 30%
So yeah...let me know if you're interested. We'll get this going...
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