Fortun£ Friday$ April Edition - Everything You Need to Know

Exciting Update: April Edition Now Includes More Cash Prizes!

You asked, and we've listened! We've received numerous messages from our participants expressing a desire for more cash prizes in our events. In response to your requests, we're excited to announce that we've significantly increased the cash prizes across all rating sections for our April edition!

Dive into the section below titled "Prize Allocation" to explore the enhanced cash prizes now available for our April edition!

Registration & Updates

Register for the Fortun£ Friday$ April Edition:
Reserve your spot for the upcoming April edition of the Fortun£ Friday$ Series here.

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Event Details

Date & Time:
Friday, 26th April 2024, from 7 PM to 9 PM GMT.

Location:
The April edition of the tournament will take place on the Fortun£ Friday$ team page, specifically in the April area tournament section on lichess, which can be accessed here.

Format:
Engage in thrilling 3+0 blitz chess matches.

Prize Information

Total Prize Fund:
A lucrative £1000 prize pool.

Number of Prizes:
More than 42 prizes are waiting to be claimed!

Prize Allocation

Open Section (subject to Terms & Conditions as outlined below):
1st: £100
2nd: £50
3rd: £15
4th: £15
5th £10
6th £10

2000-2299 FIDE, CS, or ECF Rated Section (subject to Terms & Conditions as outlined below):
1st: 30-Minute Lesson with a GM (Equivalent Value: £60)
2nd: £30
3rd: £20
4th: £20
5th: £15
6th: £15
7th-10th: Free Paid Entry to the Next Event, Granting Eligibility to Win Prizes (Equivalent Value: £15 each)

1700-1999 FIDE, CS, or ECF Rated Section (subject to Terms & Conditions as outlined below):
1st: 30-Minute Lesson with a GM (Equivalent Value: £60)
2nd: £30
3rd: £20
4th: £20
5th: £15
6th: £15
7th-10th: Free Paid Entry to the Next Event, Granting Eligibility to Win Prizes (Equivalent Value: £15 each)

1400-1699 FIDE, CS, or ECF Rated Section (subject to Terms & Conditions as outlined below):
1st: 30-minute playing session with the Official lichess Coach, lichess Master and 11-times lichess Marathons Champion @Lance5500 (Equivalent Value: £40)
2nd: £30
3rd: Chessark’s Complete Opening Course on The King's Indian Defence by IM Brandon Clarke [@BrandonClarke] + 50% Off Next Event's Entry Fee (Equivalent Value: £25)
4th: £20
5th: £20
6th: £15
7th: £15
8th-10th: Free Paid Entry to the Next Event, Granting Eligibility to Win Prizes (Equivalent Value: £15 each)

0-1399 CS or ECF Rated Section (subject to Terms & Conditions as outlined below):
1st: £30
2nd: Chessark’s Complete Opening Course on The Sicilian Najdorf by IM Brandon Clarke [@BrandonClarke] + 50% Off Next Event's Entry Fee (Equivalent Value: £25)
3rd: Chessark’s Complete Opening Course on The Four Knights Sicilian by IM Brandon Clarke [@BrandonClarke] + 50% Off Next Event's Entry Fee (Equivalent Value: £25)
4th: £20
5th: £20
6th: £15
7th: £15

Prize Eligibility, Abbreviations, & Entry Fees

Eligibility Criteria:
Open Section:

• Any player participating in the tournament is eligible to win these prizes, provided they have paid the entry fee. If a player has not paid the entry fee and wins a prize, 50% of the prize amount will be deducted and used to help fund the prize pool for the next event. Players must purchase the entry fee before the event starts.

Rated Sections:

• Eligibility for prizes in all rated sections, except the open section, requires players to either have paid the entry fee or be using a free entry prize won in the last event. Being a titled player with a qualifying rating (as per FIDE, CS, or ECF chess grade) alone does not grant eligibility for prizes in the rated sections. Prize eligibility in the rated sections hinges on having paid the entry fee or having secured a free entry prize from the previous event.

Lucky Rank Prizes:

• To be eligible for these prizes, players must have paid the entry fee.

Abbreviations Explained:

• FIDE: Fédération Internationale des Échecs
• CS: Chess Scotland
• ECF: English Chess Federation

Entry Fee Tiers:

• Early Bird: £12.99 (Until 31st March)
• Standard: £15 (1st April until the 24th of April)
• Late Entry: £20 (From 25th April until the tournament's end at 9 PM on 26th March. Note: Entries are accepted during the tournament but not after its conclusion.)

Discounts for Titled Players:
Titled players receive free entry. However, as stated in the Terms & Conditions above, titled players are granted complimentary entry to participate in the tournament but must have purchased the entry fee to be eligible for prizes. This excludes the Open Section, where prize winners who have not paid the entry fee will have 50% deducted from their prize, and this amount will be used to help fund the prize pool for the next event.

If you are a titled player and wish to claim your free entry and be added to the list of permitted players, please contact Coatsi Chess. Email us at contact@coatsichess.com or send a direct message on lichess to @CoatsiChess.

How to Register for the Tournament

1. Join the Team: Begin by becoming a member of the Fortun£ Friday$ team on lichess here.

2. Complete the Entry Form: Proceed to Register on Coatsi Chess and fill out the registration form, ensuring you include your lichess username. We'll then add you to the tournament's list of permitted players.

If you would like to register for the event via other payment methods like card and Apple Pay, then you can do so here.

3. Finalise Your Entry: Return to the Tournament Page on lichess. You'll know you've been successfully added to the permitted players when the join button activates (turning green). Click it to officially enter the tournament.

Fair Play & Prize Distribution

Fair Play Assurance:
The tournament will be monitored by a world-leading FIDE Arbiter. Any players caught by our cheat detection system will be banned from future events and forfeit any prize money.

Prize Distribution:
Winners will be contacted via Lichess for PayPal details, and prizes will be sent accordingly.

Prize Payout Timeline:
All prizes will be paid on the Sunday one week after the tournament start date, unless otherwise instructed by the organiser.

Prize Forfeiture Policy:
Players have one month to claim their prize after notification. After this period, prizes are forfeited and added to the next month's prize pool.

Ranking Adjustments:
If a player is disqualified after the event (e.g., account closure or fair play violation), players will move up accordingly in the final standings, and prizes will be reallocated. This follows standard tournament practice.

Organiser Rights:
The organiser reserves the right to remove players, reduce the prize fund, or make adjustments regarding prize payments or any aspect of the event, before, during, or after the tournament, at their discretion.

Agreeing to Rules & Regulations:

Tournament Conduct:
Participation signifies acceptance of all tournament regulations outlined in this blog.

For an in-depth understanding of the event structure, official rules, and to have your queries addressed, please explore the Coatsi Chess Website.