A tournament of this type requires an entry fee to the competitors. Ladderbux will be given to all the players on the teams making it to the final two (2) rounds. (Due to the new feature allowing tournaments to be created with three or four teams competing per match rather than the standard two teams per match, the number of players remaining in the final two rounds is dependent on the "Teams Competing per Match" setting. For instance, a tournament with a setting of 2 Teams Competing per Match always has four teams remaining in the final two rounds. However, in a tournament with 3 Teams Competing per Match, 1 vs 1 vs 1, there would be nine teams remaining in the final two rounds.)
The amount of Ladderbux given to the top finishers in the tournament is directly related to the number of teams competing in the tournament, how many players per team, and the entry fee. The total amount of Ladderbux given in prizes will be equal to the total amount of Ladderbux received in entry fees. The winner of the tournament will receive 50% of the total Ladderbux. 30% will be devided up amongst the rest of the finalists, and 20% will be devided up amongst all the semi-finalists.
Example:
100 teams sign up for a 2 vs 2 type tournament, entry fee of 10 Ladderbux.
1st Place: 500 Ladderbux to each player on the winning team
2nd Place: 300 Ladderbux to each player on the team
3rd and 4th Place: 100 Ladderbux to each player on both of these teams
Total of 2000 Ladderbux in prizes.
The system will handle all the assignments and calculations of Ladderbux automatically. Do not worry about figuring out the complicated math of Ladderbux assignments as the system will handle all of this automatically.