Skill-Based Competitions Explained

A skill-based competition is an activity where a participant's knowledge, judgement, ability or performance can influence the outcome.

That's different from an outcome being determined entirely by random chance.

Skill-based competitions can take many forms.

They can involve:

The Twenty incorporates a skill-based element into its weekly experience.

Why does The Twenty use skill?

The Twenty wants participation to involve more than simply waiting to see whether your name is selected.

The Skill Test creates an opportunity for members to demonstrate their ability.

The idea is simple:

Know your stuff. Put your skills to the test. Earn your opportunity.

The Skill Test is designed to determine which members qualify to progress towards the weekly experience.

The exact format, scoring system and eligibility requirements will be explained in the applicable rules.

The important principle is that the test introduces a genuine skill element.

Successful participants can progress towards Crack the Vault.

This is the headline challenge at the centre of The Twenty's weekly experience.

The concept is designed to create a moment of anticipation and excitement while maintaining the skill-based foundation.

The Vault represents security, saving and the financial foundation of The Twenty.

Cracking the Vault represents the opportunity to unlock something much bigger.

It's deliberately symbolic.

Build your Vault. Develop your skills. Earn your opportunity.

No.

Passing a qualification test does not necessarily mean that every participant will win the headline prize.

The precise competition rules will determine how successful participants progress and how the final outcome is established.

Members should always read the current rules before participating.

The skill element is central to the identity of The Twenty.

It's part of the difference between simply entering something and actively participating in it.

The Twenty wants members to feel that they have an opportunity to influence their journey through knowledge, preparation and performance.

The Twenty isn't asking members to choose between saving and having an exciting financial goal.

It is attempting to bring the two together.

Save regularly.

Build your financial habit.

Test your skills.

And give yourself an opportunity to unlock something extraordinary.

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