Tournament Entry Rating is calculated by the formula (CurrentRating + HighestRating) / 2. The entry rating will never drop to more than 100 points below your Highest Rating.
Rated stats are updated within 24 hours of the last completed rated game.
Coincidentally named after the famous band although you have to have 250 shows on tape to join. Actually that's not true. But after a year in this club you will have 250 shows, if you want them, and if haven't got them already.