Leaderboards reward volume and results over a period, paying prizes to the top finishers. They add real value to play you were doing anyway, and they destroy bankrolls when they pull players into games and stakes they would otherwise avoid. The difference is entirely in how the points are earned.
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Most schemes tie points to rake generated, sometimes weighted by buy-in or by result. That means a leaderboard is usually a rebate on volume dressed as a competition, and it rewards the players already paying the most rake.
Read the formula carefully. A points system weighted heavily towards high stakes is not designed for the games you play, and finishing outside the paid positions returns nothing at all for the extra volume.
When the leaderboard covers your normal stakes and format, and you would have played that volume anyway. In that case it is a straight bonus and worth optimising session timing around.
It stops being rational the moment it changes your game selection. Playing longer than your concentration allows, or higher than your bankroll supports, costs more than any leaderboard prize returns.
Check how many places pay and how steeply. A race paying the top three of a thousand players is a lottery; one paying the top hundred is a genuine volume rebate that a regular can plan around.
Also check whether the leaderboard resets daily, weekly or monthly. Short resets give more chances to place; long ones favour full-time volume and are rarely winnable alongside a job.
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