Abstract: Ranking based online competition system and method in which online game players and sports fans can compete directly with one another and have the results of their games processed into rankings. The competition comprises a season or tour of an extended time duration. Each season or tour is comprised of a number of events or tournaments, which in turn are comprised of one or more rounds or games. The system tracks the results of multiple online events and ranks the players depending on the points they score or the purses they win. The system electronically mimics an actual competition season such as a professional golf tour or a sports season comprised of a number of events. The players are ranked based on the cumulative prizes or points they have won in each of the games. Players need not be entered in all of the events to qualify for an entry on a master scoreboard that displays the rankings of players from the start of the season to a point in time.