The $1 million prizepool
tells us nothing of the value of the tournament. It could be a $100 buyin and I'm pretty sure I'm not going on a 1month bike ride to play a $100 tournament.
Now if there were only 10 entrants in it, I'd do the ride for the $100k entry (although to be honest, I'm no longer able to do something as physical as this)
Earlier in my life, I'd be doing the 500 mile ride for fun. Many times I have ridden 80+ miles in a day. My brother rode his bicycle from B.C.
canada all the way to Peru S.A. (5,000 miles). He flew back home as his knees were in rough shape from the trip. He told me that on some days, the full day of riding was all uphill while ascending a mountain pass.