blonde poker forum

Poker Forums => The Rail => Topic started by: AdamM on June 10, 2005, 06:41:12 PM



Title: tournament payout structures
Post by: AdamM on June 10, 2005, 06:41:12 PM
here's my ideal payout for under 100 runners and examples based on a pool of 7500, not unknown for a thursday or sunday at Notts.
30% = 2250
16% = 1200
13% = 975
11% = 825
9% = 675
7% = 525
5% = 375
4% = 300
3% = 225
2% = 150
The dealer / valet costs would have to come off more than just the top 1 or 2 though like it does now. probably how Smithy suggests it take it of all prizes so say its 200 you'd reduce each prize by 20.
Perhaps the card room managers could tell us how they currently chop up 7500.
other suggestions?


Title: Re: tournament payout structures
Post by: RED-DOG on June 10, 2005, 06:45:28 PM
That structure would get my vote Adam


Title: Re: tournament payout structures
Post by: Yogi-Bear on June 10, 2005, 06:48:37 PM
Badly in most cases

HEHEHEHEHE

2% 2.5% 3% 3.5% 4% 5% 6.5% 12% 21% rest40% ish.after rounding up the others. Top Heavy I know. Was gonna run with the festival payout with winner getting 35% but didnt like it.

Still i'm on holiday now. Thats when I do most of my work.

Yogi


Title: Re: tournament payout structures
Post by: AdamM on June 10, 2005, 07:10:49 PM
so that'd be
3000
1575
900
490
375
300
260
225
190
150

That's about the SP but you're right, top heavy. no wonder top 4 or 5 want to chop it


Title: Re: tournament payout structures
Post by: Junior Senior on June 10, 2005, 07:11:25 PM
I think you should get 35% for winning.

1 - 35
2 - 18
3 - 11
4 - 9
5 - 7
6 - 6
7 - 5
8 - 4
9 - 3
10 - 2



Title: Re: tournament payout structures
Post by: Yogi-Bear on June 10, 2005, 07:25:20 PM
seems reasonable.

Around what we used for the festival.

But I think we took too much off for the 11th-20th prizes.

Still we live and learn

Yogi


Title: Re: tournament payout structures
Post by: Nightfly on June 10, 2005, 07:25:34 PM
Funnily enough 7500 was left for last ten at Notts last night

Position   %   Official Prize Actual Prize Actual %
1st   40%   3000    1900    25.3%
2nd   20%   1500    1900    25.3%
3rd   10%   750    1450    19.3%
4th   7.5%   560    560    7.5%
5th   6%   450    450    6.0%
6th   5%   375    375    5.0%
7th   4%   300    300    4.0%
8th   3%   225    225    3.0%
9th   2.5%   190    190    2.5%
10th   2%   150    150    2.0%

Quite Flat at the top

and incidentally Sunday has been known to make 11.5K

PS sorry about the alignment problems


Title: Re: tournament payout structures
Post by: Karabiner on June 10, 2005, 10:04:12 PM
Why should 10th pay the same towards the valets as 1st ?

I would be happy to pay considerably more if I were the winner.

Surely the logical move would be to structure the tips too.

What is Smithy's case ?

 ???


Title: Re: tournament payout structures
Post by: tikay on June 10, 2005, 10:32:14 PM
This is a a subject that can arouse strong emotions Karabiner. I am in your camp on this one, most folks are I suspect.

But greed does strange things to folks. Sometimes the chip leader objects to sharing what he assumes is going to be "his" money - that's when the Poker Gods usually intervene & bust them early!

Dave Smith takes the view, when he Finals deep stacked, that the money should be spread across all 10 spots. I doubt if I have had two arguments - I mean nasty arguments - since I started playing poker, but one of them was with Dave when we both finalled one night. He started shouting & screaming & effing & blinding at me - because I had a different view to him. Nothing like debating maturely, eh? I retorted well there are 10 folks at this table, lets vote. 8 voted with me, so 9-1 in my favour, but still the argument continued. The other lads were not really able to stand up to Dave, but I was not gonna be pushed around, & I was fighting the case for the whole table. And I don't allow anyone to address me in the manner he did. Dave, to his credit, apologised the next day.

It's not a case of who was right, it's that adults should be able to debate in a sensible way without resorting to shouting obsceneties & spluttering & banging the table.

So I was discussing prize structures with the long suffering Rob the other day - jeez, that fella really is trying hard - & he mentioned that "Dave would not like it". It's as if he is worried about upsetting Dave. I just said "Rob do what YOU think is right, end of story" And I think he will.


Title: Re: tournament payout structures
Post by: snoopy1239 on June 10, 2005, 10:37:16 PM
What do people think on the massive gap between 1st and 2nd?


Title: Re: tournament payout structures
Post by: tikay on June 10, 2005, 10:41:48 PM
What, 40% - 20%? They hate it with a vengance - well the MAJORITY do. And I dont need to make the case - the fact that 80% - maybe more - of the comps with that structure end in a chop or business proves it.

If we keep hammering away at this point, just like a dripping tap eventually fills a bath, the casinos will eventually listen to us.

When all is said & done - after me, in chorus please - IT'S OUR MONEY.........


Title: Re: tournament payout structures
Post by: Ironside on June 10, 2005, 10:46:42 PM
tikay if it was a cash game then the winner would get 100% 2nd should feel lucky to get 20% and the rest happy that the winner is giving 60% back to people he busted


Title: Re: tournament payout structures
Post by: Karabiner on June 10, 2005, 10:50:13 PM
What do people think on the massive gap between 1st and 2nd?

I'm with Snoopy here.

I think maybe 30% for first and 20% for 2nd would be a better starting point.

After all we are proposing playing these out.

That suggests that we are needing MUCH flatter structures.   


Title: Re: tournament payout structures
Post by: RED-DOG on June 10, 2005, 10:53:46 PM
tikay if it was a cash game then the winner would get 100% 2nd should feel lucky to get 20% and the rest happy that the winner is giving 60% back to people he busted

And if it was a bank robbery the bad guy with the gun would get all the money, but that wouldnt be fair either


Title: Re: tournament payout structures
Post by: jbsc7769 on June 10, 2005, 11:13:16 PM
Just a general query.
Why does the Dealer / Valet money come off the prize pool anyway?
I know I used to give Margaret at least 6 or 7 in 'tips' anyway. On top of this, surely she is being paid by the casino? I would imagine that she is earning more than many factory workers could dream of and only working four nights a week (maybe she does more now but still, that would be more money!)
I know the next comment kind of takes us back in a circle to another string (or probably several), but if we are paying the dealers anyway, why not just put that towards "real" dealers. In fact forget I said that, it always creates strong feeling.
My thoughts are, the Poker players put a lot of money into the casino, both before and after we / they are knocked out of the tournament.
This is not aimed as negative comment towards Gala in any shape or form, I love the place but something I have said before, they have their way of doing things, if other proffer suggestions in a constructive manner, they may make changes.


Title: Re: tournament payout structures
Post by: snoopy1239 on June 11, 2005, 12:27:24 AM
Personally, I think the gap between 1st and 2nd should be narrowed down. It doesn't take much for a heads-up to turn around. And that's a chunky drop for a player who may have dominated the final table.

Plus, it would be nice to see less splits. With the blinds we play with, players realise that they're only 1 bad beat away from getting peanuts.


Title: Re: tournament payout structures
Post by: BlueWolf on June 11, 2005, 04:01:24 AM
tipping a dealer???? wher eis this hallowed place???? in the UK???? lol


amazingly adam your structure is pretty similar to one we looked at when i was at walsall that players dismissed lol and Juniors is spot on the one the players liked but was never used lol


Title: Re: tournament payout structures
Post by: AdamM on June 11, 2005, 10:31:33 AM
Why should 10th pay the same towards the valets as 1st ?

I would be happy to pay considerably more if I were the winner.

Surely the logical move would be to structure the tips too.

What is Smithy's case ?

 ???
because you've had the same service regardless of where you placed and because you've altered the prizes to benefit the whole final table. Why should the comp winner pay for everones coffees and dealers? I'm only saying do it this way if you've flattened the structure. when 1st is getting 40% then I'm happy for the lot to come off first and thats usually the concensus.

My table was aweful last night. the dealer is always causing trouble and I'll be messaging Nightfly opersonally about some specifics. I think jbsc is spot on. if we're paying for dealers, why not pay for casino dealers. I'd happily pay a rake to get dealers if thats what it took.


Title: Re: tournament payout structures
Post by: Karabiner on June 11, 2005, 11:58:54 AM
I believe I've already stated where I stand regarding house dealers.

I believe that we, the players, as customers are entitled to our interests being safeguarded my the casino management.

And I continue to vote with my feet on the issue.

Regarding the valet-tipping issue, I do see where you are coming from.
.
It would be better if everone were to tip individually as and when they received service,

but as that is not the case, I don't see the difference if the 50 or so comes off the top of the prize pool.

After all, no one knows who is going to win when that is agreed.


Title: Re: tournament payout structures
Post by: AdamM on June 11, 2005, 12:38:38 PM
if it was only the valet that'd be fine but its valet + 10 dealers.it's agreed that it all comes off the top then theres a chip count or people are trying to harass you into a chop.

I have to say that voting with your feet is, while honorable, basically an abstain. fields are regularly 100+ and growing. Much better to participate and let people know what you want than to walk away and hope it changes.

IDEAL world for me;
20+2 / 30+3 house dealers.
7.15 registration close. 7.30 comp start or 7.45 close 8pm start.
flatter structure as in my suggestion below but with a house policy that alterations to prizes are not done at the table.
cash whip around at final table for valet instead of out of the pool.

I leave it in Robs capable hands having given an opinion.


Title: Re: tournament payout structures
Post by: BlueWolf on June 12, 2005, 04:46:22 AM
where is this that your tipping the valet and 10 dealers?? because i'm sure theres a legality issue there and if not can someone put in a good word for me , been lookin for a move lol


Title: Re: tournament payout structures
Post by: Karabiner on June 12, 2005, 10:10:29 AM
He means that the player/dealers 20 fee x10 =200

In addition to the valets tip all comes off the prize pool.

This is what is causing the argument.


Title: Re: tournament payout structures
Post by: BlueWolf on June 12, 2005, 12:00:31 PM
ah dreaded regisstartion fees lol.

It is the only way casinos see themselves making any money from the game though, but soem companies area dopting a no reg fee scheme to soem success but not all will. Some clubs dont understand taht you have to spend money to make money i guess


Title: Re: tournament payout structures
Post by: jbsc7769 on June 12, 2005, 12:07:56 PM
A point that (I dont think) anybody has mentioned, Gala do actually make a profit under the curent set up anyway. Each Dealer gets his 20 which is given by way of a voucher for food (only in Gala). Possibly it has changed since I was last there though


Title: Re: tournament payout structures
Post by: tikay on June 12, 2005, 01:02:27 PM

How does that equate to a profit Simon?


Title: Re: tournament payout structures
Post by: Karabiner on June 12, 2005, 01:28:35 PM
I believe jbsc is referring to bygone days when the player/dealers were each given a food voucher.

It was worth about 20 as dinner for two.

The casino then reduced it to a "dinner for one" voucher as the dealers were working so frequently.

At this point, after some division in the camp ( I was an objector) it was decided that the player/dealers

Would receive 20 from the pool in addition to their voucher.

It has been thus for over a year now to the best of my knowledge.

Hope that clears things up a little.

K


Title: Re: tournament payout structures
Post by: AdamM on June 12, 2005, 01:47:07 PM
which brings me back to the point that if we're paying cash for dealers, why not heve everyone pay a little for house dealers. rather than the announcement that often goes out now at the bieginning "OK, if you haven't got a dealer I wish you the very best of luck, AWAY YOU GO" followed by irritated looks by regulars and nervous looks by newbies. It wouldn't even be so bad if it were NLHE but running a PLHE game is much harder. I could happily shuffle and deal well enough to satify the table but my PL maths isn't quick enough and if a dealer hessitates even for a second it becomes a group shoiuting match to get the pot organised.


Title: Re: tournament payout structures
Post by: ifm on June 12, 2005, 01:52:30 PM
why not heve everyone pay a little for house dealers..

How much is a little?
Most casinos add 10% which obviously means you pay more for the exact same service depending on the buyin.
Just another of my little foibles.
Ian


Title: Re: tournament payout structures
Post by: tikay on June 12, 2005, 02:00:01 PM
The Gaming Board regulates the maximum allowed registration fee.

My point about "how does that equate to profit (re the 20 for the dealers from the players, & the meal vouchers from Gala) was that Gala do not charge a registration fee, quite rightly, when no dealer is provided. Oddly, I played at Brighton last year - self-deal - & they DID charge a reg fee. Now THATS cheeky!


Title: Re: tournament payout structures
Post by: AdamM on June 12, 2005, 02:22:56 PM
I would rather pay the 10% and get house dealers. lets face it, for smaller buy in comps we're only contributing towards, not paying for so look t it the other way for some games you're getting a reduced rake for the same service. half full/half empty


Title: Re: tournament payout structures
Post by: jbsc7769 on June 12, 2005, 02:25:46 PM
Hi
What I meant is, 20 per dealer is given (taken from the pool). The players must then spend that money in the restaraunt. So, it costs them, for example, 10 for food, overheads etc, and Gala make the 10 profit. It was only a minor point but one I thought worth making. So, half of the money that is being taken off the top is actualy going to Gala, not the dealers.
Again, no criticism of Gala, I adore the place. Lets not forget, they are there for one reason and one reason only. To make money. If that stops happening, then the place closes down.


Title: Re: tournament payout structures
Post by: Nightfly on June 12, 2005, 03:20:10 PM
just a little point that nobody seems to consider.

Before a casino can derive a profit from running poker competitions, it must first account for costs associated with providing these competitions.

A casino is after all a business which must make money to survive.

  • A Card Room Supervisor is provided for the duration of the competition.
    A Valet is also provided for the duration. (And while the valet receives tips, they are also paid by the casino)
    7 reciept books are required to comply with regulations.
    Free tea/coffee and soft drinks (yes these are provided in the gaming area for free but they DO cost a casino money to provide)
    Kem cards (If you have ever tried to buy them then you know they are not cheap) about one deck perweek is lost through wear and tear.
    A Dealer is provided for the final
    lighting/heating costs etc
    wear and tear on tables (accelerated by spilt drinks and cigarette burns)

The casino may hope to cover these costs through other areas such as poker players playing the tables, using the bar or the restaurant etc.

If it were your casino... you would hope so too!


Title: Re: tournament payout structures
Post by: jbsc7769 on June 12, 2005, 04:05:36 PM
I agree 100% and wholeheartedly Nightfly, thats why I said at the end of my message "Lets not forget, they are there for one reason and one reason only. To make money. If that stops happening, then the place closes down."
 I think it is a fabulous place and well run.


Title: Re: tournament payout structures
Post by: tikay on June 12, 2005, 05:44:34 PM
Well you rarely visit Gala these days jbsc.....


Title: Re: tournament payout structures
Post by: Nightfly on June 12, 2005, 05:46:13 PM
I have been known to visit it quite often though


Title: Re: tournament payout structures
Post by: jbsc7769 on June 12, 2005, 05:48:11 PM
Indeed Mr Kendall but, I still have an opinion on the matter and I believe that is what we are here for. My opinion is, I love it!!


Title: Re: tournament payout structures
Post by: tikay on June 12, 2005, 06:11:26 PM

Just curious why you never come down these days - what feeble escuse you may trot out......


Title: Re: tournament payout structures
Post by: redsimon on June 12, 2005, 06:32:10 PM

Just curious why you never come down these days - what feeble escuse you may trot out......

Probably cannot afford the taxi fare after? :D