Details are leaking out of company headquarters! So far what I know is:
There will be 3 smaller daily tourneys, 1pm, 8pm and 10pm eastern, Monday through Friday. Limited to about 60 players each. (better chance to win and will not last as long) You can only play in one tournament a day, you will pick what time you want to play and register to reserve a spot in either the 1PM, 8PM or 10PM tourney.
This format will produce 3 satellite winners each day, one from the 1Pm tourney, one from the 8PM tourney and one from the 10pm tourney. That's 15 a week. Those 15 will then flip the cards and battle it out each Saturday in a huge Points and cash give away.
Non Pros can play for a 10 point entry fee. Pro's are free.
All posters can play in only one tournament a day.
Winners of the daily tournament are guaranteed 500 points and will play Saturday for the top prize of 15,000 points + $500.
Feb ONLY
That's all I know so far!
An edit update;
The three daily tourneys will now be 1PM, 8PM and 10PM eastern. The 1PM start time will give preference to all players out side of the 4 Americas time zones.