How to calculate the number of points earned in tournament leaderboards

Tournament leaderboards use the following formula to determine the number of points earned.

Leaderboard Point = Log (Prize Pool)/ Sqrt (Relative Rank)
Relative Rank = Finish Position / Number of Entrants

Let's say you finished 1st in a tournament with 2500 entrants and a prize pool of $40.000.

A) - We have to find out the  Log

You can find out the log of the Prize Pool by entering the following on Google: log(40000)
Log = 4.60205999133

B) Now we have to determine the Relative rank value

We divide the finish position (1) by the number of entrants (2500)
(1/2500)

Relative rank = 0.0004

C) Find out  the Sqrt (Relative Rank)

To find out  the Sqrt (Relative Rank)enter the following on Google: Square root of 0.0004
Square of relative rank = 0.02

D) Now that we found out all the values, we just apply them to the formula:

Log (Prize Pool) / Sqrt (Relative Rank)
4.60205999133 /  0.02 = 230.102999566

You earned 230 points