Critique this Pts System. Modified Cardplayer POY criteria .

[BillFranklin]

Trying to implement a Player of the year rankings to my weekly tournament. I took the Cardplayer POY criteria and modified it to fit my game. Would like to hear opinions, suggestions.

As a reference games are NLHE tournaments ranging from 5-15 players, $25 buyin and $15 rebuys.

There are three criteria when calculating points:

1. Amount of the buy-in
2. Number of entrants
3. Place finished at the final table.
Note: If there is a tie between two or more players, each receives the average number of points available. For example, if two players tie for ninth place, each receives half of the ninth-place points.

Total points are calculated by multiplying the point factors of the three criteria:

Place finished - first place receives 120 points; second place, 100; third place, 80; fourth place, 60; fifth place, 50; sixth place, 40; seventh place, 30; eighth place, 20; ninth place, 10;

Buy-ins - $1- $10 = 1 point , $11-$15 = 1.5 points, $16-$20 = 2 points, $21-25 = 2.5 points, $26-$30 =3 points, $31-$35 =3.5 points, $36-$40 =4 points, $41 and higher = 4.5 points. The buy-in in rebuy tournaments is calculated by dividing the total gross prize pool by the number of entrants. (For example in a 10 person, $25 buy in tournament if 6 people rebuyed for $15 each, the prize pool would be $340/10 player = $34)

Number of entrants - 2- 4 = 1 point. Every additional number of entrants increases the number of points by 0.25. The maximum number of points is 4. Examples are: 4 players = 1 point, 6 players = 1.5 points, 10 players = 2.5 points, and 16+ players = 4 points.

Here is a hypothetical total point calculation example: You finished in Fifth place in a $25 buy-in event that had 10 entrants. You receive 50 points for fifth place; the buy-in is $25, which is a 3-point event; and there are 10 entrants, which is good for 2.5 points. Thus, you receive 375 total points (50 x 3 x 2.5 = 375).