Carbon SNG Leaderboard offers $10,000

Posted by CarbonPoker on 19th March 2010

sngleaderboard_smlSit and go’s are already an extremely popular poker tournament format because they’re quick and lots of fun to play.  But sit and go’s only become more fun when you throw a monthly leaderboard race into the mix that rewards a total of $10,000.

To get a piece of the $10,000 that’s awarded every month, all you have to do is place somewhere within the top 25 players on the SNG Leaderboard.  The amount of money you earn will of course depend on where you finish in the top 25, but as long as you’re in one of these spots you will be getting paid.

The great thing is that the $10,000 isn’t the only money given out through the SNG Leaderboard since another $2,000 will be given away based on your streak bonus.  If you’re able to string together several sit and go wins, your leaderboard prize money will be multiplied based on your best win streak of the month.

Obviously, not all SNG’s are going to be equal when deciding who lands in the top 25 so allow me to explain how the points system works.  Every time you finish in the money in a sit and go, you will earn points towards the leaderboard.  The higher your placing and the higher the buy-in of the tournament, the more points you’ll receive.  For instance, a $20 + $2 SNG is going to award a lot more points than a $5 + $0.50 SNG considering the places are the same.

So the basic formula for figuring your SNG points is: √buy-in X your final placing bonus.  To illustrate this formula at work, let’s say you finished first in a $10 + $1 sit and go (√100 X 12).  Using this formula, you would earn 120 points on the SNG Leaderboard and be that much closer to grabbing a share of the $10,000.  Simply put: you need to play in sit and go’s and place well to win major cash.

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