Yeah, we changed the ticket system so that now you either bid Standard or Premium tickets, so no more 1x/5x bid. That model basically trapped us with a lot of problems, since we couldn easily give away low entry stuff without letting people get to the 5x bid, which then meant that we had to limit the quality of the 5x rewards because they could be done for free. It ended up sort of incentivizing people to not play and save up tickets, which isn't ideal.
For Standard tickets, winning a bracket gets you:
A Tournament Logo, a Standard Ticket, a Champie Summoner Icon, a Ward Skin, a Mystery Emote, a 975 Skin Shard, and a 1350 Skin Shard.
For a Premium Ticket, first place finishers get:
A Tournament Logo, a Standard Ticket, 750 Orange Essence, A Champie Icon, a Gemstone, a 750 Skin Shard, a 975 Skin Shard, a 1350 Skin Shard, a 1820 Skin Shard, and a 1350 Skin