Tournament

Tournaments allow large numbers of pirates to compete against each other for prizes and pride.

Tournament Options
When you click "Create Tournament" there are a whole host of options that pop up in the screen.

Puzzle
Currently swordfighting and drinking are the only tournament puzzles. Treasure drop is being tested as a tournament puzzle on Ice.

Rated
Whether or not you want the games to count in the race for ratings.

Playing
The options are one game per match or the best of three.

Seeding
Seeding is how participants are matched-up for their matches. There's been a good amount of controversey about seeding in larger tournaments for things like familiars.

Seeded by Rating
Pirates are matched-up evenly according to rating to stop the higher rated pirates from knocking each other out of the tournament in the early matches.

Random
Pirates are matched-up randomly.

Minimum Pirates
This is the minimum number of pirates that need to join the tournament for it to be able to start when the starting time comes. If this number is not met, the tournament will be cancelled and all prizes/PoE will be returned to the participating pirates.

Entry Fee
This number can be anything. If there is a fee, the poe goes into the prize pot.

Prize
Items owned by the pirate (except for clothing worn & sword wielded) starting the tournament can be added to the prize along with PoE. If the prize value including PoE, items, and entry fees are worth a total of at least 5,000 PoE, an automatic oceanwide tournament broadcast is sent once the minimum pirate number is reached.

Pot Distribution
There are several options for prize distribution. All items are awarded to first place, but PoE division possibilities are as follows.

Cascading Arithmetically
Cascading arithmetically is 1 share, 1/2 share, 1/3 share, 1/4 share, 1/5 share, and so on. Even though first and second place get the same share as the other cascading option, it will work out to less because there are more shares to distribute (assuming at least one 3rd place player).

Cascading Exponentially
The way cascading exponentially works is that first place gets 1 share, 2nd place gets 1/2 share, 3rd placers get 1/4 share, 4th placers get 1/8 shares, and so on.

Cascading to Third
This option is an exponential cascade limited to the first, second and third place finishers. First place gets 1 share, 2nd place gets 1/2 share, 3rd placers get 1/4 share, and everyone else gets nothing.

Winner Take All
As the option name says, the winner of the tournament takes everything.

Starts In
How many minutes will count down before the tournament starts.

History
Some historical tournaments include:
 * [|Black Death's 8th Swordfighting Tourney for 4.12 million PoE]