Instead of waiting for someone else to set up a PFO tourny, I decided to do it myself.
Since i do not have the amount of points it takes to set up private tournaments on Pokerstars,
I set it up on Full Tilt.

Disclaimer:
* I DO NOT HAVE ANY AFFILIATION WITH FULL TILT POKER other than a user acct
* I DO NOT HAVE ANY AFFILIATION WITH POKERFORUMS.ORG other than a member acct
* I AM NOT MAKING A PROFIT BY SETTING UP THIS TOURNAMENT except by maybe winning one or two

Since I have no authority in naming the tournament the PFO Series, I will be referring to the series
as the Vic Grozny Classic or VGC. If'n anyone has any doubts as to why it should be named the VGC,
i would like to refer them to these threads regarding standings.
PFO Spring Series Standings
PFO Winter Series Standings

The VGC will take place Fri 11JAN08 - Mon 14JAN08 with the Tournament of Champions the following Sat 19JAN08.

All Times are Full Tilt Server Time (EST)
Entry and Fee- Entry is what is put in the prize pool. Full Tilt Poker collects a 10% fee on entries (just like their regular tourny fees).

Tentative Schedule-


* Event #8 was to be the Heads Up match. FTP does not offer a true heads up shoot out tournament. until they do, the event is replaced with a No Limit Hold'em event.


VGC Series Points Formula

[(# of entrants)(entry * .10)- (placing)+ (2,4, or 10 for top 3)]

- You can only get points if you cash.
example-
25 people play an $10 NLHE that pays out 4 spots

Plyr1- {[(25)(10 * .1)]-(1)+(10)}= 34 pts.
Plyr2- {[(25)(10 * .1)]-(2)+(4)}= 27 pts.
Plyr3- {[(25)(10 *.1)]-(3)+(2)}= 24 pts.
Plyr4- {[(25)(10 * .1)]-(4)}= 21 pts.

VGC Series Winner- The person with the most points on the VGC Leader Board at the end of the Main Event will receive 60% of the PasswordMoney.

To play in the VGC Series you will need to purchase a password for $5. You will receive a password for all events except the Tournament of Champions.
If you just want to play in the VGC Main Event, you may purchase a ME Password for $3.

The top 8 players on the VGC Leader Board at the end of the Main Event and the Main Event Winner will receive an invitation and a password to play in the Tournament of Champions.
If the Main Event Winner is one of the top 8 players on the leader board, a ninth invitation will be presented to the 9th place player on the leader board.
The Tournament of Champions event #12 will be a winner take all along with 40% of the PasswordMoney.

All monies collected for passwords will go into prize pool - PasswordMoney
Payout of PasswordMoney will be: 60% to the VGC Series Winner, 40% to be added to the Tournament of Champions prize pool.

I will keep an open book on a PFO thread for accounting.
I will keep and maintain a VGC Series Leader Board thread on the PFO boards.

With the trust of the internet and people trusting other people with money-

*I will collect money for this tournament.
*I will ask the moderators to help by choosing a mod. One who is trusted with money, who has the time, and a FTP acct.
*I will deposit $75 with the mod as a guarantee to the money collected. This money is to hold until all PasswordMoney is paid out. Once the PasswordMoney is paid out, the mod will return my deposit.


I will give info on how to enter once i get everything hammered out with the mods.

If there is anything I have left out that needs to be addressed, or you have questions, feel free to express them here.

I look forward to playing against you.
Sincerely,
Victorious Grozny

I can't see schedule

Originally Posted by youngplayer9

I can't see schedule

=

Originally Posted by HSM

So I'm guessing Alex rolled with the previous tournament of champions prize pool.

i would imagine something like that. either way, this tourny will be 100% payout on password money. there won't be any holding money until next tourny.

no money on FT, but if i get a transfer in time, I'll join...

if u wanna set up another one on PS, let me know VG

I may actually play this time. Guess I better learn Razz, Stud, Omaha and HORSE first...