The Global Poker Index (GPI) has revealed a new ranking system which takes effect from January 11th.
The GPI is known as the top poker ranking system for live tournament player.
The new system will now favour smaller buy-in tournaments more than before while higher buy-ins don't play as big of a role in the rankings as in the previous system.
The new system will award points to players if the field has at least 32 entries (previously 21).
GPI Head of Poker Content Eric Danis also said that in most cases tournament winners will also witness bigger scores than they have in the past.
"With the ever-changing poker landscape, we recognized that a revamp was required, more than the standard adjustment we usually already make on a yearly basis," explained Danis. "We listened to the players and are convinced that this is the way to go; the updated scoring process will see successful players at most buy in levels rewarded in our rankings."
At the same time the GPI also announced that the third annual GPI American Poker Awards will this year take place in the Sofitel Hotel in Beverly Hills on February 23rd.
Part of the awards will also be the American Poker Conference where panels will discuss the needs of players, collaboration from the industry and town hall format which will take play from 2 to 6 pm. At 7 pm the conference kicks off with a dinner, followed by the awards ceremony at 8pm.