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What is the difference between a single round competition and a tournament competition?

There are two different types of competitions here at BullRush.

 Single round competitions are where all participants compete against each other for a designated time. At the end of the designated time the winners are crowned.

Tournament competitions are multi-rounds competitions. Traders compete in a minimum of two individual competitions to determine the winners. You get placed in a bracket, if you place in the top positions, you move on to the next round. This occurs until the winners are determined.