BGMI Masters Series Season 2, or BGMS, perhaps has written a new chapter in the game’s history by offering an unparalleled prize pool of 2.1 crores. This event features 24 of the finest Indian teams that will cross swords across the stages during the month. Kicking off with Launch Week, the much-awaited event by NODWIN Gaming is finally underway.This stage will be followed by two more League Weeks, with their respective Super Weekends in between. After all the action, 12 teams will make it to the Grand Finals scheduled at the end of the month.What is the prize money for first place in BGMS Season 2?The distribution of the prize pool for BGMS Season 2 (Image via Rooter)The team finishing first at BGMI Master Season 2 will go home richer by one crore rupees. The exact prize distribution is as follows:1st place – 1,00,00,0002nd place – 35,00,0003rd place – 12,50,0004th place – 7,50,0005th and 6th place – 4,50,0007th and 8th place – 4,00,0009th and 10th place – 3,50,00011th and 12th place – 3,00,00013th and 14th place – 2,50,00015th and 16th place – 2,00,00017th to 20th place – 1,50,00021st to 24th place – 1,00,000Thus, all the teams that have made it until this point will receive a part of the prize pool.BGMI Master Series (BGMS) Season 2 format and schedule View this post on Instagram Instagram PostThe schedule for each stage is as follows:Launch Week: August 4 to August 6League Week 1: August 7 to August 10Super Weekend 1: August 11 to August 13League Week 2: August 14 to August 17Super Weekend 2: August 18 to August 20Playoffs: August 22 and 23Grand Finals: August 25 to August 27BGMS Season 2 participating teams View this post on Instagram Instagram PostBGMI Master Series Season 2 features 14 invited teams and 10 others who have made it to the event through qualifiers:OrangutanGods ReignTeamXsparkNumen EsportsEnigma Gaming8BitMedal EsportsGlobal EsportsTeam SoulTeam OneBladeSpy EsportsTrue RippersWSB GamingORESportsLucknow GiantsVelocity GamingGodLike EsportsRevenant EsportsChemin EsportsMarcos GamingEntity GamingTeam iNSANEBGMS Season 2 Points System View this post on Instagram Instagram PostEach elimination in BGMI Master Series will earn the team one point. On top of this, placement points distribution is as follows:1st place – 15 points2nd place – 12 points3rd place – 10 points4th place – 8 points5th place – 6 points6th place – 4 points7th place – 2 points8th to 12th places – 1 point13th to 16th places – 0 pointsAt the same time, teams will receive double points for every frag in the first zone.Where to watch BGMI Master Series?NODWIN Gaming@NodwinGamingCheck out the groups for Launch Week of #BGMS Season 2! What are your predictions for the Launch Week?Don't miss out on the action & join us TODAY at 9:30PMLive ON: TV Broadcast LIVE on @starsportsindia Digital Streaming Partner @rootersports #BGMS2023 pic.twitter.com/paKlxtq2fD331Check out the groups for Launch Week of #BGMS Season 2! ☝️What are your predictions for the Launch Week?💭👉Don't miss out on the action & join us TODAY at 9:30PM🔴Live ON:📺 TV Broadcast LIVE on @starsportsindia📺 Digital Streaming Partner @rootersports #BGMS2023 pic.twitter.com/paKlxtq2fDThe fans can follow the tournament on Star Sports and Rooter in three languages - Hindi, English, and Tamil. The matches start at 9:30 PM IST (GMT +5:30).