Here is the final format I decided upon:

Happy New Year gentleman !!

I would like to start a series of 6 monthly tournaments with the ultimate goal of sending 3 players to play in a $1500 event at the 2020 World Series of Poker this summer including $1000 for travel expenses.

Initial buy-in for the tournament series would be $500 and would need to be paid in advance. With 10 players, this would completely fund 2 prize packages of $2500 each. The first 5 monthly tournaments would also each have a $100 buy-in with half of the money going to fund the third tournament prize package and the other half paid out to the top 3 finishers each month split $250:$150:$100.

The third prize package of $2500 will be awarded to the winner of the 6th and final tournament. In order to qualify for this freeroll, you must have played in all 5 of the other tournaments. There is no entry fee for the 6th tournament, but you must have met all qualifications to play.

Points are awarded for your order of finish in each tournament:

1st place = 16 points

2nd place = 11 points

3rd place = 7 points

4th place = 4 points

5th-7th place = 2 points

8th-10th place = 1 point

No show = zero points

In the event of a tie, the player with the highest number of 1st place finishes will win. If still tied, the highest number of 2nd place finishes, followed by the highest number of 3rd place finishes.

The 2 players with the highest end of season point totals from all 6 tournaments will each win a WSOP prize package. The winner of the final freeroll tournament will also win a WSOP prize package. A player is only eligible to win one prize package. If either the 1st or 2nd place finisher also wins the final freeroll tournament, the prize package will be awarded to the player with the next highest season point total.

WSOP prize package winners must attend the WSOP and play in a $1500 buy-in event. Each league participant who played every league event owns a stake of each winning player equal to 3% of any winnings. That means each prize package winner retains 73% of their winnings with the remaining 27% divided equally between the other 9 qualifying league participants. In the event of a big win, all league participants will be responsible for their fair share of taxes.

In the event that a prize package winner is unable to play in the 2020 WSOP, the prize package will be awarded to the next highest finisher. Therefore, if you are unlikely to be able to make the trip to Las Vegas in June, you may not want to play in this league. I am looking for 10 committed players who are willing to wager a total of $1000 for a 3 out of 10 chance to play in the WSOP.

Tournaments will be scheduled once or twice a month on either Friday or Saturday evening. Please let me know if you would like to participate and if you have any suggestions. I would like to start this within the next few weeks.

Possible $1500 WSOP buy-in events in Las Vegas:

June 5-6 - Millionaire Maker

June 12-13 - Monster Stack

If any PCF players in the Tampa Bay area would like to participate, please send me a PM.

@Anthony Martino @Schmendr1ck @ni9n3r