Players can access the tournament through
Stake Poker by visiting the page and opening the tournament lobby.
The tournament is listed as Stake Poker Mid Month Madness for Sunday, September 13, 17:00 UTC. Entry costs $8.
The tournament's guaranteed prize pool is $48,000, meaning players can compete for their share of the advertised prize pool from an $8 buy-in.
Stake Poker Mid Month Madness is a Progressive Knockout (PKO) tournament. Under the format described for the event, each player has a prize attached to them.
When a player eliminates an opponent, half of that opponent's prize is paid instantly to the player who made the elimination. The remaining half is added to the eliminator's initial prize.
This creates a prize component alongside the tournament's guaranteed $48,000 prize pool, with players able to increase their own prize by eliminating opponents.