You are spreading incorrect information. From my understanding of this announcement post the game is open to everyone but is set at the novice league level so those with smaller leveled cards have a chance at winning some funds. The host even says in the comment section here, that I am sure you read before creating this response, that the game is for everyone.

Higher level cards have no advantage. Those who play with higher level summoners do not have an advantage vs those who more often play with lower level ones in a novice league game. If anything the person who is more custom to playing at the lower levels would have the advantage. It seems to me you are upset about something that you thought was one thing (A tournament just for newbies) but was something else (A tournament for everyone played in the novice league that gave newbies/novice players a chance to win some funds).

I would like to thank the host for putting on this game as I know it can be time consuming setting up and hosting such a series of tournaments.