Bad Beat Classic Tournament

As promised...here is some of the information for the upcoming first edition of the Bad Beat Classic NL Tournament:

(sorry, this tournament is invite only----you will know if you got the invite in email)

---Saturday, October 22nd. Doors open (with food drink) @ 7:00pm. Cards will be in the air at 730, and all those who confirmed will still owe their buy-in and will have their blinds placed for them if they are late.
---Max of 28 players (4 tables of 7...could grow to 4 of 8)
---total buy-in of 75 pinto beans, 60 pinto beans to prize pool---balance goes to dinner, snacks, booze, etc.
---all basic tournament rules will apply...but to be more clear, I will be posting comprehensive ones at some point.
---blind structure:
730-800: 10/20
800-830: 15/30
830-850: 25/50
break until 900
900-920: 50/100
(color up removing 10s)
920-940: 75/150
940-1000: 100/200
1000-1020: 150/300
(color up to smallest denomination of 100)
1020-1040: 200/400
1040-1100: 300/600
(break until 1110)
1110-1130: 400/800
1130-1150: 500/1000
1150-1210: 700/1400
1210-1230: 1000/2000 (blind cap)

--- Pinto bean payout structure: (anticipated, subjet to change....approximate)
1st: 70% of total pinto beans
2nd: 20% of total pinto beans
3rd: 10% of total pinto beans

That should do it for now...will follow up on this blog for updates to tourney...Q&A (with response), rules, etc. Be sure to check back EARLY and OFTEN.