Each team starts with $200 to bid on a player.
Each team must fill a roster of 8 players and must keep enough units to fill out their roster. So, for example, if you need 3 players and have 52 units left the max bid you can make on a player is 50.
Bidding: A random order will be drawn for nominating players to be bid on. You may pass your turn to throw out a name. Once a player is thrown out for bidding the auction starts, and he'll go to the highest bidder after a call of going once, going twice, sold.
*The WSOP Fantasy Auction Draft took place on May 26, 2011 at Aria Casino
*All Points are worth double in events with a 10k buy in or higher
*An additional point per 100 entries is awarded to players who finish in the top 18. No rounding off. An event with 87 players gets no point bonus, a 105 player field gets a 1 point bonus, a 247 player field gets a 2 point bonus, and a 1425 player field would award a 14 point bonus to all players in top 18.
*In order to receive points, a player must cash.
*In a heads up event, players finishing in the same position would split the points for that spot. For example, 5th through 8th would get 22.5 points (plus field size bonuses) and be rounded up.
*The main event will count, but points will be awarded to any players making the final 9 based on chip count. So if your player sits in 6th place you'll get 6th place points for his result.
*Points will only be awarded in open events, no Seniors, Ladies, or Employee events will count.
*This example is based on Event #2: The $25,000 Heads-Up No Limit Hold 'Em
16 places paid
Players finishing 9th - 16th will receive:
10 + 5 + 5 + 5 + 5 + 5 + 5 + 5 = 45 points
(All of the points available for positions 9 through 16)
Each player will receive 45/8 5.625 points
There are 128 entrants so one bonus point is added to the total
Each player now receives 6.625 points
Finally, the field is larger than a $10,000 buy-in so the point totals are doubled
Each player receives 13.25 points rounded up for 14 points
Players 5 - 8 will receive: 47 points
Players 3-4 will receive: 77 points
Second place will receive: 92 points
The bracelet winner will receive: 102 points
Buy in: $25,000
Prize Pool: $375,000
1st Place: $225,000 (60%)
2nd Place: $93,750 (25%)
3rd Place: $37,500 (10%)
4th Place: $18,750 (5%)