Bloodsport is PSG's bi-weekly/weekly (see upcoming events for dates) tournament series. Registration for the event starts at 7pm and tournament play begins at 8pm. Bloodsport offers both competitive and non-competitive play. Starting at 8pm, matches are called until tournament completion, after which casuals/friendlies are played.

The games that are commonly (and sometimes uncommonly) run at Bloodsport include:

Ultimate Marvel vs. Capcom 3
Ultra Street Fighter 4
Mortal Kombat X
Persona 4 Arena Ultimax
Guilty Gear Xrd
Super Smash Bros. 4
Super Smash Bros. Melee
Super Smash Bros. Project M

Bloodsport is also streamed every other week to the official PSG Twitch 
channel, while the Super Smash Bros. 4 stream is broadcasted on the off weeks. You can view either of the streams from about 8pm until the tournament finishes.