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it seems like the EMEA tournament rules have generally been used for international LANs, and in a Bo5 that would just mean that LOUD gets to pick whether they want to be team A (ban first, pick first) or team B (ban second, pick second, gets to pick side on map 5).
you could consider it an advantage that OpTic had to play a full Bo5 today being at risk of elimination while LOUD got a day to rest and watch the OpTic match, helping them potentially gather intel, prepare counterstrats etc.