Betfair Leaderboards - the $40,000 Incentive
The leaderboards at Betfair Poker have been up and running for several years. In fact, it's the biggest promotion ever at the poker room. Thanks to the tremendous popularity of the leaderboards, you can probably count of seeing them around in the years to come as well.
Different Stakes - Different Leaderboards
There are separate leaderboards for different stakes and game varieties. In other words, they're not aimed solely at high-stakes cash game players as is often the case. For example: If you play mainly small-stakes sit & go's with $2.50 or $5 buy-ins, you'll be entered into the Barcelona leaderboard and if you perform well, you can win $250 with no strings attached.
The rewards are, however, proportionate to the risk - high stakes players can win up to $3,000. In all, there are 12 separate leaderboards available: three for fixed limit cash games, three for pot-limit and no-limit cash games, two MTT leaderboards and four different Sit & Go leaderboards.
Another Month - Another leaderboard
All of the Betfair Poker leaderboards are run on a month by month basis, so that all players - old and new - have a chance to make a mark on a leaderboard. Each month also means another $40,000 that's up for grabs across the leaderboards.
Cash game leaderboard points are calculated as follows:
1000(Σ (profit / big blind) / ³
(Σ hands played))
MTT leaderboard points are awarded based on the player's position "in the money" - number of players in the tournament divided by your position multiplied by 30. Players who do not make the money lose 100 points.
In Sit & Go tournaments you earn leaderboard points based on your position in the money as well - in a six seater for instance, 1st place is worth 4 points and 2nd is worth 2 points. The grand total is the cumulative amount of points earned minus Sit & Go's played multiplied by 100.
