The "Calcutta"

Rules & Conditions:

1. Each player has a compulsory first bid on themselves for PHP6000
2. For each person auctioned the BUYER and the PLAYER are equal 50/50 shareholders, unless the Player declines, in which case the Buyer is 100% shareholder (incurring 100% of purchase costs and 100% of any prizes)
3. Money is distributed from the kitty as follows:
   • First Place: 50% of kitty
   • Second Place: 30% of kitty
   • Third Place: 15% ofkitty
   • The remaining 5% shall go to our nominated charities
4. ALL purchase monies (in Philippines Pesos) MUST be physically in the hands of the Treasurer by 9pm Tuesday 4 March
5. Winners shall be announced and prizes paid at the official presentation function, Thursday 6 MArch
6. The Treasurer shall maintian an auditable and reconciled spreadsheet of all monies
7. The Tournament Organising Committee reserves the right to amend any and all conditions herein

MATT'S FORM GUIDE: