Poker League - Calculating Player Ranking

[Slacker13]

Here is a copy of our Q&A and also our point system formula.


2004 Tournament Point Details



Q. What is the Tournament Leader Board?

A. The tournament leader board is used to determine the best and most consistent player on the tour. It rewards both good play and frequent play.



Q. Why do I care about the Leader Board?

A. First of all, it can win you money. The top finisher(s) will receive a cash award, a keepsake item like a hat or bracelet, and/or an entry into the final event. In addition, it gives you bragging rights over everyone else.



Q. How are points awarded?

A. In 2004, we will use a modified point award system. The formula will value some tournaments more than others.



Q. What contributes to the weight of a tournament?

A. The following are all part of the formula.

Is it the main event? The premier event will count for 50% more points.
How many players? The more players, the more the win is worth.
How much is the entry fee? The higher the stakes, the more the win is worth.


Q. Am I out of the running since I can’t make every event?

A. No. We will only use your 7 best point finishes towards the final ranking. This means you can take the top spot without even playing half the planned events. Of course, the more you play, the easier it will be.



Q. How many people get points each event?

A. Points will be awarded based on the formula listed above to the top 25% of a tournament's finishers (rounded up). For example, 25 entries would give points to 7 finishers.



Q. What is the exact formula?

A. The early and late game have a different factor:

Early Game Points = 3 * [sqrt(n)/sqrt(k)] * [1+log(b+0.25)]
Late Game Points = 2 * [sqrt(n)/sqrt(k)] * [1+log(b+0.25)]
n is the number of entrants
k is the place of finish (k=1 for the first-place finisher, and so on)
b is the buy-in amount in dollars


Q. Can you show an example?

A. Sure, here is a realistic example

Player Event Number Entries Entry Fee Finish Points

Brian G 1a 25 $40 1 39

Rick F 1a 25 $40 2 28

Adam M 1a 25 $40 3 23

Phil Hellmuth 1a 25 $40 4 20