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April 03, 2023

Fun New Tournaments This Week

Hey Ember Crew,

Thank you to everyone who participated in last week's tournaments!

For this week, we're changing it up a bit. We have five new portfolio tournaments lined up. Out of the five, one will be one sports-themed tournament, and another will be a biggest loser shorting challenge! Check the roster below for more details.

The $225 SVB Biggest Loser tournament will have a small entry fee of $0.15, with a total of 2,000 seats available.

In this tournament, the bottom 20% of participants (411 out of 2,000) with the worst performing portfolios win most of the rewards! The 10 best performing portfolios will also earn rewards.

It's a race to the bottom, who can lose money the fastest?

Here's what the prize distribution looks like:

  • 2,000th Place: $27.00

  • 1999th Place: $18.00

  • 1998th Place: $13.50

  • 1997th - 1950th Place: $1.13

  • 1949th - 1800th Place: $0.30

  • 1799th - 1611th Place: $0.21

  • 1st - 10th Places: $2.70


The $375 Champions' League tournament will have an entry fee of $1.00, with a total of 500 seats available. This is a sports-themed tournament, so once you enter, you'll be shown a survey via a card on the Play tab to pick your winning team. If you get the winning team right, there could be a secret bonus. ⚽

In this tournament, the top 25% of participants (125 out of 500) will win rewards. Here's what the prize distribution looks like:

  • 1st Place: $37.50

  • 2nd Place: $30.00

  • 3rd Place: $22.50

  • 4th Places: $15.00

  • 5th - 20th Places: $5.63

  • 21st - 50th Places: $2.50

  • 51st - 125th Places: $1.40


The $375 Portfolio Open will have an entry fee of $0.50, with a total of 1,000 seats available.

In this tournament, the top 25% of participants (250 out of 1,000) will win rewards! Here's what the prize distribution looks like:

  • 1st Place: $52.50

  • 2nd Place: $37.50

  • 3rd Place: $22.50

  • 4th Places: $7.50

  • 5th - 20th Places: $2.81

  • 21st - 50th Places: $2.50

  • 51st - 250th Places: $0.83


The $375 Prestige will have an entry fee of $2.00, with a total of only 250 seats available.

In this tournament, the top 20% of participants (50 out of 250) will win rewards! Here's what the prize distribution looks like:

  • 1st - 10th Places: $52.50

  • 2nd Place: $45.00

  • 3rd Place: $37.50

  • 4th - 10th Places: $9.64

  • 11th - 30th Places: $4.88

  • 31st - 50th Places: $3.75


The $300 Grand Masters will have an entry fee of $10.00, with a total of only 50 seats available.

In this tournament, the top 20% of participants (10 out of 50) will win rewards! Here's what the prize distribution looks like:

  • 1st Place: $93.75

  • 2nd Place: 75.00

  • 3rd Place: $63.75

  • 4th Places: $37.50

  • 5th - 10th Places: $17.50


You're welcome to enter each of the tournaments! Visit the Play tab and enter before 12PM PST on Thursday, April 6th! The tournament will end & payouts will be sent on Monday, April 10th at 12PM PST.

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