NEWSFLASH....... 20th June 2005
PRIZE PAYOUTS NOW PAID TO VIRTUAL ACCOUNTS
Revision to Tournament and Bonus Event Payout Rules ............. effective immediately
With immediate effect all Prize money from SOSCasino Tournaments and Bonus Events will be paid to eligible players via a " SOS Virtual Account ". The prize money in the Virtual Account can only be withdrawn to the REAL Casino account when the respective Sportsbook account is in an OVERALL NET LOSS position totalling the win amount. If the Overall Net Loss is less than the win amount, funds will be transferred to bring the account to a zero loss with the balance remaining in the players Virtual Account. That does not mean the balance of the account, it means the Oveall Win/Loss position of the account. SOSCasino, at the close of the Tournament or Bonus Event, will assess each account and make the appropriate withdrawals at that time. If the players Sportsbook account is showing an Overall WIN position the players winnings from the T or Event will be held in the Virtual Account until such time that the Sportsbook account shows an Overall Net loss. A player can request a withdrawal from his/her account balance in the Virtual Account , ONCE PER MONTH, as long as the Sportsbook account is in an Overall Net Loss position, and these Virtual Account balances have no expiry date.
SOSCasinoMaster 2005 Prizes .......... remains unchanged
SOSCasinoMaster 2005 prizes remain at $10,000.00 for this year. First Prize is $7,000.00 , 2nd Prize is $2,000.00 with 3rd Prize being $1,000.00 and all Prize Money is paid in REAL MONEY in to the players REAL Casino account irrelevant of their win/loss position in the sportsbook. You therefore need to play in every tournament to increase your accumulated balances. |
