MTTs on Pokamania (GGNET): Daily Guarantees and Tournament Staking
24/02/17: Article edited to include theUS$100,000Tournament Leaderboard
Like all poker rooms that are part of the rising GGNETNetwork, Pokamania has unveiled a new daily tournament schedule, an innovative system of staking players and afew days ago anUS$100,000Tournament Leaderboard.
These changes, combined withour exclusive35% rakeback deal via our Rewards Club, make Pokamania a premium option for Tournament players.
Join Pokamania – 35% Weekly Rabekack
Bonus code: SMPVIP (Compulsory)
Tournament Leaderboard
Pokermania has just announced that starting March 1 the platform will be giving away US$100,000 to the top 500 tournament players on the leaderboard, with the top place getting US$5,000.
Here are the mechanics of how to get a piece of this fantastic promo:
- All players who play any Tournament or Fortune Spin games will automatically participate in the Tournament Leaderboard.
- Leaderboard points are given out when players play Tournaments or Fortune Spin games.
- – Players will receive points for the Tournament Leaderboard based on the number of entrants, the tournament buy-in, and place of finish.
- – Extra points are given to players who finish in the bubble.
- – Satellite Tournaments, Private Tournaments, Freerolls do not give out Leaderboard points.
- – For players who are knocked out before reaching payouts, 1 Leaderboard Point is given for every $1 used to buy into an event.
- – Players who finish in the bubble receive double the amount of points.
- – The following formula is used to calculate the Leaderboard points given to players who are in the money.
- – [Buy-in amount * (total entrants / players place of finish)]
- – Ex) $100 buy-in tournament, 200 entrants, player finishes 5th -> 100 * (200/5) = 4,000 points
- Points are accumulated from 00:00 (UTC+0) of the first day to 23:59 (UTC+0) of the last day every month.
- – Leaderboard points are given to the players when the tournament ends.
- – Ex) If a tournament started on March 31st and ended on April 1st, the Leaderboard points for the tournament will be accumulated for the April Leaderboard.
- – Prizes will be transferred to the player’s balance within 5 business days at the beginning of every month.
- – Leaderboard points reset every month.
- – Leaderboard points are given to the players when the tournament ends.
- GGNetwork reserves the right to modify or suspend the promotion at any time
Tournament Staking
Since thebeginning, the Asian based network has been releasing updates consistently to improve its product.
The latest feature released by the network is a fully integrated staking platform allowing players to buy and sell shares of their tournaments.
The system is currently working under the following principles:
- · Players who wish to Sell their Action must first register for a Tournament.
- – After registering, Sellers (players Selling their Action) must set the percentage of their Action for sale as well as the Mark-up that they are Selling their Action for.
- – Players may only Sell their Action while a Tournament is Registering.
- · Backers must pay the full amount of the total Stakes they have bought.
- – Stakes must be purchased in increments of 1%.
- – Once a Stake has been purchased, it is non-refundable except in certain specific situations.
Daily Guarantees
The network has also announceda new tournament schedule.
The daily tournament schedule guarantees $100,000 across various tournament formats.Theguarantee may prove to be beneficial to the players as a lot of tournaments will have overlays. Another point to note: GGnet is currently offering one of the lowest tournament rake in the industry, which is a 5% commission on most of its tournaments.
Join Pokamania – 35% Weekly Rabekack
Bonus code: SMPVIP (Compulsory)
Red Series
| Event Name | Time(UTC+07:00) | Buy-in | Guarantee |
|---|---|---|---|
| Daily Red $50 | 18:00 | $47.5+2.5 | $3,000 |
| Daily Rebuys $30, 4K GTD | 19:00 | $28.5+1.5 | $4,000 |
| Daily Red $80 | 20:00 | $76+4 | $5,000 |
| Daily Red $150 | 21:00 | $142.5+7.5 | $8,000 |
| Daily Rebuys $50, $5K GTD | 22:00 | $47.5+2.5 | $5,000 |
| Daily Red $100 | 23:00 | $95+5 | $5,000 |
Blue Series
| Event Name | Time(UTC+07:00) | Buy-in | Guarantee |
|---|---|---|---|
| Daily 6-Max $10 | 00:00 | $9+1 | $500 |
| Daily Blue $20 | 01:00 | $19+1 | $800 |
| Daily Rebuys $5, $500 GTD | 01:00 | $4.75+0.25 | $500 |
| Daily Blue $50 | 02:00 | $47.5+2.5 | $2,000 |
| Daily 6-Max $30 | 02:00 | $28.5+1.5 | $1,200 |
| Daily Blue $100 | 03:00 | $95+5 | $3,000 |
| Daily Blue $10 | 03:00 | $9.5+0.5 | $500 |
| Daily Blue $40 | 04:00 | $38+2 | $1,500 |
| Daily Rebuys $10, $800 GTD | 04:00 | $9.5+0.5 | $800 |
| Daily Blue $25 | 05:00 | $23.75+1.25 | $1,000 |
| Daily Blue $5 | 06:00 | $4.75+0.25 | $300 |
| Daily 6-Max $50 | 07:00 | $47.5+2.5 | $2,000 |
Green Series
| Event Name | Time(UTC+07:00) | Buy-in | Guarantee |
|---|---|---|---|
| Daily Green $100 | 08:00 | $95+5 | $3,000 |
| Daily Green $10 | 08:00 | $9.5+0.5 | $500 |
| Daily Green $40 | 09:00 | $38+2 | $1,500 |
| Daily Rebuys $8, $800 GTD | 09:00 | $7.6+0.4 | $800 |
| Daily 6-Max $10 | 10:00 | $9+1 | $500 |
| Daily Green $20 | 11:00 | $19+1 | $800 |
| Daily 6-Max $40 | 12:00 | $38+2 | $1,500 |
| Daily Green $15 | 13:00 | $14.25+0.75 | $650 |
| Daily Green $25 | 14:00 | $23.75+1.25 | $1,000 |
| Daily 6-Max $20 | 15:00 | $19+1 | $800 |
Satellites
There are satellites for all Daily Guarantees that run throughout the week.
Play the satellites and win a seat to the events at a much cheaper price.
| Time | Buy-in | Format |
|---|---|---|
| 30 min before Main Event | 1/5 of the Main Event buy-in | Turbo Satellite |
| 1hr 30min before Main Event | 1/10 of the Main Event buy-in | Satellite |
| 2hr 30min before Main Event | 1/50 of the Main Event buy-in | Rebuy Satellite |
* Note : No Fee is charged for Satellites.
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Bonus code: SMPVIP (Compulsory)
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