Team Soul became the champions of the BGMI Masters Series (BGMS) Season 3. The fan-favorite club presented spectacular performances in the Grand Finals and took home a cash prize of ₹55 lakhs. Entity Gaming also displayed top-notch gameplay and emerged as the first runner-up. Team Tamilas claimed the third spot in the event.The BGMS Season 3 featured 24 teams, including 20 direct invitees. Four teams were eliminated during its first phase, named the Opening Week. Four more squads were knocked out of the tournament during the Playoffs Stage. The remaining 16 squads then fought across three days in the Grand Finals, which was held from August 9 to 11, 2024.Prize Pool distribution of BGMS Season 3 View this post on Instagram Instagram PostThe third edition of the BGMS boasted a prize of ₹1 crore. AKop from Orangutan became the MVP of the event and earned ₹1 lakh. Here is the rank-wise prize money distribution:First Place - ₹55 lakh - Team SoulSecond Place - ₹15 lakh - Entity GamingThird Place - ₹7.5 lakh - Team TamilasFourth Place - ₹3.5 lakh - Carnival GamingFifth Place - ₹2.5 lakh - Orangutan GamingSixth Place - ₹2 lakh - Gods ReignSeventh Place - ₹1.75 lakh - CapeDiemEighth Place - ₹1.75 lakh - Team GodLikeNinth Place - ₹1.5 lakh - Team XSpark10th Place - ₹1.5 lakh - Reckoning Esports11th Place - ₹1.25 lakh - MOGO Esports12th Place - ₹1.25 lakh - Global Esports13th Place - ₹1 lakh - OneBlade14th Place - ₹1 lakh - WSB Gaming15th Place - ₹75,000 - Raven Esports16th Place - ₹75,000 - Team 8Bit17th Place - ₹25,000 - Team Z18th Place - ₹25,000 - Vasista Esports19th Place - ₹25,000 - Team Forever20th Place - ₹25,000 - Revenant EsportsCarnival Gaming, led by Hector, displayed impressive performances and captured the fourth position. Orangutan Gaming achieved the fifth rank, and AKop from the team was the star individual performer of the tournament. Gods Reign and CarpeDiem came sixth and seventh, respectively. View this post on Instagram Instagram PostTeam GodLike, led by Punk, ended their run in eighth place. Team XSpark and Global Esports, the top two teams in the BGIS 2024, couldn't play well in the BGMS Season 3. They secured ninth and 12th to their respective names.OneBlade and WSB Gaming finished 13th and 14th, respectively. Raven Esports faltered in the Finals and came 15th. Team 8Bit, led by Juicy, ended the event in last place.