blonde poker forum

Yet another blondite makes the money, Ironside took £450 in a final table chop at Walsall last night

Quote, "Right, I'm off to blow it on lapdancers"

Well done Iron, and it was great to see you over the weekend

ps, Mrs Red says she will lapdance for you for £450  :-* LOL

Unsuprisingly Mr Red will do it for a quarter of that price....

Good to see Ironside get some hard cash. He had no luck whatsoever in the afternoon comp.

She charges me more than that  >:(

nice one ironside  ;D

Congratulations Ironside!
2 money finishes in two visits.

When I saw the title of this thread I thought, "oh no, Dani's lost his wedding takle"

good job mate

thanks guys and gals

i'd like to add that another blondite ash the cash took a larger slice of the money and infact was unlucky not to have 60% of the total chips in play with still 7 players in when the eventaul chip leader double up with QQ v ash's AA for a monster pot

Niceone Ironside...Did you get that hotel sorted at the poker rate?

robert my wedding tackle is still in place LOL, its was nice to see all u blondeites there and congrats to snoopy

When are we going to get a flatter prize structure Dani?

Luton managed it ok

(gotta keep having a dig)

Bravo Ironside, becoming a right little Walsall Course & Distance specialist!

Well done also to Walsall cashers snoopy - Adam Goulding, Ash Pervaiz, (The Real Shady?), and of course to The Camel, at Sheffield.

And to complete the blondeites stunnung weekend, Golden Boy Thewy cruised to victory last night at Notts in the £50-er, clearing a cool £5,000.

He made the Final with 5BB's, & dropped to 2BB's. Then, he had a real Thewy special, his AK v KK, flop A-A-K.....! The last hand of the tourney summed it up. Matey boy goes all-in blind with J-2, & Thewy calls blind with....K-2.....! The boy's blessed.......

Dani, for once Red-Dog is right - Luton flattened the Prize Structure, and they "just did it",the mighty Carmel made a decision. You can do it too! Luton's reward was a "no business" Final, and the same thing happened at Sheffield, where they already have a flatter structure.

We love Walsall, but Oh, those peaky prize structures. It won't cost Grosvenlor a bean - come on Dano, do it for me. You would if you loved me......

red dog and tikay i know ur in favour of a flatter stucture, but majority of the locals prefer the way we currently have it. ill knock heads with zak to see if we can come up with a flatter stucture for our larger events.

WTF do ypu mean, 'For once, Red Dog is right'?

I'm always right, well, I was wrong once, but that was when I thought I was wrong but I wasnt

hey im a junior member YEP PEE!!!!!!!!!!

They WHAT? You jest, surely..........

sorry tikay im not jesting, we ran a in-house questionnaire for the locals about 6 months back and one of the questions was, are u happy with the current prize structure.

Loaded question...

Dani, (truce?) I get the same impression from our players that they are attracted by the carrot being dangled (ie. the 1st prize)  We give 39 % for 1st what does your place do?

Ironside, well done mate.

Advice from you poker pro's please.

Lets say 100 people How many would you pay out and what would the % prize structure be.......?

truce? OK ;D ill sign the peace agreement, is there a get out clause? ;)LOL, we pay 40% for our first prize

Of course there is a get out clause LOL. What about 10th? 2% here.

the same

100 people payout 10 (10% of entries is pretty standard)
maybe 28%-30% 1st prize

\o/ someone else who thinks like me. Unfortunately some of the fruitbats round this end are either not willing to listen to me babble on or are too greedy to want a lower first prize.

The fact that almost every game ends in an even split deal does not factor in their equation :|

Thx Versaci. Much appreciated.

With regards to the structure, I think players like the idea of a massive first prize, but forget how frequently a deal is done, therefore resulting in that top figure rarely being won.

A deal was done with 7 left on the £300 as no-one wanted to risk ending up with a mere £1300. Blinds were getting big and the players realised that 1 bit of bad luck could cost them 2-3 grand.

Tell Zak ty from me for getting the chip count sorted. I could sense potential arguments and unnecessary bickering, but thankfully they were avoided.

 8)

And why are so many deals done?...........

Because the prize structure is lame!!!! (Rinse repeat ad finitum)

Back when we used to get a full quota of 88 players at the Riverboat, in what was only my second live tournament I found myself on the final table with over 80k in chips. Top 3 places where paid. I was feeling a lack of confidence and naeivety in deal making. I can't recall the full value in the pot, but I ended up taking £750 and finishing second in a 5 or 6 way split. First place took just over a grand, possibly 1300. He was not that much more than myself in chips. The rest was split between the other players. I was just happy to take a prize, with only one rebuy.

Plus my mother in law had fallen asleep at the computer roulette and I was fearing for the safety of my wallet as my wife was heading towards the roulette table again.

maybe 28%-30% 1st prize

[/quote]

Wow that low seriously? what would be the other 9 payouts?

1st    30%

2nd   20%

3rd    12%

4th    10%

5th    8%

6th    6.5%

7th    5.%

8th    4%

9th    3%

10th  1.5%

There's an excellent thread around here where Nightfly totted up all the stats for Gala, Notts.

To paraphrase the one & only Red-Dog (or was it his twin?), may I be the first to second that?

Now, after me, louder this time.

WHY ARE SO MANY DEALS DONE?

Cos people are scared of droppin a large chunk of potential prize money on one hand.

So on a good £20 rebuy night with 70+ players, thats about £4000 in the pot.
£1200 for 1st,
800 for 2nd,
480 3rd,
400 4th,
320 5th,
260 6th,
200 7th,
160 8th,
120 9th,
60 10th

I'm going to request this for the festival in october, see wht they say

paraphrasing myself :) Deals are done at least round these parts because there are only 3 prizes. With 4k in the kitty, first place would get 2k of it. 4th - 10th would get nadda.

At least with red-dogs proposal, you'd get a snifter of a bit of the kitty.

Way to go Mikky!

A lot of the regulars in Glasgow either agree with me but are too polite to stand an argue, or don't agree with me and are too rude to let me explain ;)

Glasgow folks too polite? Absolutely........

Relatively speaking ;) He may have a potty mouth but in comparison to the guy next to him, he's an absolute gent ;)

If i were a cat i would say purrrrfect.

But i aint so i will just say Perfect!

Better, but with this structure deals will still inevitably done top 3.

The gaps are still too large if the intention is to totally disincentivise deal making.

better than deals done top 8

I wouldnt want to remove dealing totally, but rather than have 7 people at the table either doing a deal or walking away with nothing is unacceptable, imo.

Jammer's deal-destroying structure:


The structure is aimed at giving no incentive for a deal to be done (Above figures for a £4k pot). We all know that most televised big tournament finals are a sham as deals are done and little is being played for but pride and your name being on the cup.

Now I don't know if you want to put off deals, but if you did... well this is the structure for it imo.

I find the larger field pay out structure bad, i.e  160 runners in 1k event. 18 get paid
11th  to 18th get £1,000 for eg.

Now all the low stacks who are now in the money see their rag cards a lot more playable, because now they are free rolling in a sense, and the prize money is exactly the same from 18th till 11th.

I think this is also an important aspect of the payout structure which needs to be looked at 

Nice thread well done to Ironside and snoppy at walsall, cant agree with these pay outs 25% for first ?
Walsall have got the prize stucture pretty good as it is. In fact I think only the final table of any comp should get paid, also I would like to see touneys when only the winner gets paid, the winner ends up with all the chips so that means he deserves all the money. Yes sure doing deals is fine and this is part of the game, when offered a deal you can take a risk and play on if you think you can outplay the rest or you can take a cut of the money and run. ;)

Very interesting thread....been out caving today so only just seen it......

Firstly   vwd Ironside....nicely done

Ive played a couple of times at Walsall, where the payout has been adjusted, with players agreement, so that in two day events, everyone who has to come back gets something.

Even if it only covers the hotel bill, I have to say I like this idea.

Glad you got another draw there Ironside.

Hope you spent the mandatory 50% of winnings on lapdancers !

 :P

The first couple of tournaments I played and made the last few I did deals 2 & 3 way because I didn't know any better and also had not been playing long so was not that confident, especially when Ms Rokach was one of the players I was dealing with in my first final table  ;D

Now I am more confident with my game I don't do deals at Final tables as I feel that I can go on and win and have done every time time I have refused a deal. This has only applied to small tournaments so far and to be honest a lot of the players have had no experience of heads up play so it is not that difficult. If it came to the crunch in a bigger tournament where the difference in money may make an impact on my life then I may reconsider.

As far as payouts go I am all for bigger first prizes as the better players have more of an advantage and playing to win is rewarded better than sneaking to the final table and hoping a deal is struck.

Thats a contradiction though, the bigger the first prize, the more chance of a deal

I can agree with only the final table being paid, but if you had winner take all, I doubt you would get many entries.

It should be the opposite. It makes a good players edge worth more. Yes you might get unlucky the odd time, but if you are a good enough player then if you do not deal you will win more in the long run. Here is a scenario based on tournaments in Dublin, ?20 Re-buys.

1st ?1750
2nd ?870
3rd ?540

Even chop = ?1050 each - more than 2nd. You are giving up nearly half of your potential profit though. We are talking small tournies here and a lot of the time you will be up against inexperienced players and you have good edge in the long run. 2 1sts and a 3rd add up to over ?4000 - 33% more than 3 chops.

However and 3 zero's to the prizes and I am doing a deal unless a massive chipleader  :D

This depends on the tournament structure (unfortunately many of which are poor). It may be true of festival main events and the like, but the end of many tournaments (particular smaller events), boils down to little more than an all in crap shoot, at which point it makes no sense whatsoever to do anything but a deal. In situations like that it matters not a jot the percentage edge you have, its just too easy for someone to get lucky to ignore a deal with better expected profit.

I forgot to add Luke in the Fitzwilliam encourages good poker by freezing the blinds at the final table of most of these types of tournaments. Usually about 350k in play and blinds will be stopped at 2000/4000 or 3000/6000 which allows for a bit more play. I keep forgetting that you lot in the UK have to finish early.

Walsall do something similar.
the play a full round at the existing blind level then restart the clock, the blinds are then capped at a predetermined level, usually 4000/8000 but it depends on chips in play.
it's ok but depending on entrants it is a total crapshoot from about 25 people left.