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Share Scheme Explained

5,114 Views 0 Comments on 2/8/11

Here's how it works

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Share Scheme Explained

Here’spokerimage how it works. The 50 highest raking players will be accepted into the iPokerVIP StanJames Share Scheme and will be guaranteed to win a share of the $5,000 prize fund.

The amount of the prize fund that will be awarded to each qualifying player will be equal to the amount of rake paid by an individual as a percentage of the total rake paid by all qualifying players during the counting period. For example:

Total Rake paid by qualifying players: $50,000

  • Player A Rakes $5,000 (10% of total rake) and wins $500 (10% of prize fund)
  • Player B earns $1,000 (2% of total rake) and wins $100 (2% of prize fund)
  • Player C earns $250 (0.5% of total rake) and wins $25 (0.5% of prize fund)

Qualifying players will be able to track their progress and their current prize share on the leaderboard table which will be updated daily.

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Jon PokerVIP

10 years and over 10 million hands of cash game poker Jon-PokerVIP brings a wealth of experience to team VIP. If he isn't winning 150k a month prop hands challenges  then he will be probably posting in our forum, streaming on twitch or making coaching con ... Read More

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