blonde poker forum

:: It’s called the ONYX Cup.

:: It’s six (6) major events with buy-ins ranging from $100,000 to $300,000.

:: Grand Finale event will have a $250,000 buy-in with $1M added to the prize pool.

:: Top three finishers of each event get points, and whoever accumulates the most points by the end of the series is the ONYX Cup winner.

:: Events take place in U.S., Europe, and Asia.

:: Qualifying will take place online, of course, at Fill Tilt.

This is apparently their big announcement and rival to the EPT. Seems a terrible idea to me, it just really alienates 99.99% of players and gives them a chance to rig the all time money list.

yeh sounds shit

$1mill added sounds really small when it's the same as 4 entries too.

Any $1 sats available?

rival the EPT? mmmmmmmmmm not sure ftp

More high rollers for Trickket to win, lovely

ONYX Cup (sponsored by the Live Tournament Staking board)

Seems a colossal waste of time.

And what's with having the Grand Finale's buy-in less than one of the earlier events?

full tilt are so stupid

dubai to sell pieces IMO

because some people cant stump up $300k for a single buyin, and they want the grand finale to have the biggest field so makes sense to put a more affordable $250k buyin on this event

rest on tab pls Dubai

FTP are teh mong imo

I'm in.

Can't wait to start knocking it in on sats

I know for the most part this is going to be frowned upon for various reasons, but is there only me that thinks this will make good TV?

I think the WSOP coverage now days isn't too good due to the fact they cover practically every single day of the ME and none of the side events. And being as the only program that was worth showing - High Stakes Poker - now is shite, it could be a good replacement. I like to see some of the biggest names in the world facing off for mirrrrrions rather than Dave playing Joe for a micky mouse pot on day 1 of the ME.

Just a thought. Flame away.... :)

 ;popcorn;

Its quite likely that the average punter will think its fake (which in a way it probably will be given the likeyhood of various swaps and stakes).

What does everyone reckon a good guess on the number of runners for each event is? Only the very very best/rich will be able to play all of these. And they're likely to be against other pros. Why would they want to? TV exposure I guess. But unless there's lots of rich businessmen playing I don't see how many will see these as +EV games?

Also: lol @ adding $1m to a $250,000 buyin.

well, this is better than it sounds, where it will increase someones ROI% by precious little, it will add quite an increase in $equity )not comparable to the buy-in admittedly, but in terms of actual money. lets say your ROI is 0% and there are 50 runners your equity is now $270k and $20,000 is a lot of money.

big thing though, whats the juice?

If $20k is a lot of money to you though you surely aren't in a position to stake $250k in the first place?

What are the odds that FT will ban Stars pros from playing?

Probs more likely Stars won't let their pros play...

Do the big two ban the opposition players from playing? I thought it was just they banned their own players from playing a rivals event.

If they did, Negreanu will have one if his usual bitchy hissy fits about them within the week, even though he will probably be banned by his own sponsors anyway. If I was Stars I would let Negreanu play just out of spite to try and get him back on top of the all time money rankings.

Buy-in seems a bit low. Surprised they took the affordable option instead of going for a more interesting one of say $500,000 (with rebuys).

thats not really the point tho

Can you explain it a bit more for me then dave please as I don't get your point? As I see it if someone can afford to put up $250,000 then $20,000 isn't a lot of money to them.

this def - even shot taking a 250k trny, you would need 20 buyins surely? 20k$/$5m =yawn

http://www.fulltiltpoker.com/onyx-cup-series/about

An event in Europe in October, I reckon that will be London and during the EPT

$20k is more than anyone will have in positive advantage over this event I would imagine. 

like the 30 second or its fold or check

THIS. The buy in is irrelevant its about $EV at the end of the day. a $500 100runner comp with $100k added is much worse value in terms of $equity

if your a poker pro you go where the value is for your bankroll. regardless of how much the money means.

see Redarmi point

Maybe i'm being thick but i'm still not getting it.

You both just seem to be saying that at the end of the day $20k is a lot of money. Sure. But you seem to be implying that it doesn't matter how much we wager to take this edge.

Ok. I guess if you have a $10m+ roll then you might take this +$20k oppurtunity.

But for anyone (most people?) with less than that $250,000 represents a large proportion of their bankroll. I don't see how a $20k edge convinces them to risk such a large part of their roll.

obviously the point only applies if you're bankrolled to play the event.

The point is CF that nobody is going to be earning more than $20k from playing this without it having an overlay given the  general standard of the players likely.  So if they are rolled to play this game then obviously $20k is a sufficient "earn" for them to spend two days or whatever playing this game so adding 20k per player is effectively at least as much as they will earn from playing normally and possibly a lot more.  Therefore it is a great deal.

CANCELLLLLED

God your over complicating it with maths again lildave. Point is adding a million. Soon as Barry Neville gets on the phone at th start 25 more guys will turn up from Sheffield and get in before registration closes coz it's value init.

haha, lol

the point is, they are adding....ONE MILLLION DOLLARS

or should I say, they were :p

the point is the FBI are now trying to take $1 billiooooooooooooooooooon