The Format

This concept is a unique one in the poker world and as such the format of the event warrants some explanation.

The event is a two-day event, with today featuring a heads-up event, while tomorrow will be a shootout format. All games will be played as No Limit Hold'em.

Points will be awarded for each player based on finish positions in both the heads up and shootout events as follows:

Heads Up
1st - 150
2nd - 120
3rd - 100
4th - 80
5th - 8th - 55
9th - 16th - 25

Shootout
1st - 150
2nd - 120
3rd - 100
4th - 80
5th - 70
6th - 60
7th - 50
8th - 40
9th - 12th (3rd place in first round) - 30
13th - 16th (4th place in first round - 20

Payouts
Payouts will be made to the winners of both the heads up and shootout events, while the winning team will also collect cash and a year's worth of bragging rights.

Overall Team Winner - $8,000 ($500 per player)

Heads Up & Shootout - 1st $5000, 2nd $3250, 3rd $2250, 4th $1500