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Poker Forums => The Rail => Topic started by: Shooter78 on October 19, 2011, 12:22:25 PM



Title: Increased UKIPT buy-ins a good idea?
Post by: Shooter78 on October 19, 2011, 12:22:25 PM
Someone asked me recently if I thought increasing the UKIPT buy-ins for Season 3 up to 750 GBP or Euros was a good idea. I'm not sure if that's because this is happening or not but I thought it was worth some discussion.

My personal view is that most of the stops should stay at 500. With the current financial climate, a lot of recreational players will feel that paying 750 pushes it beyond what is reasonable to spend to have a bit of fun. The numbers of entrants have been the highest for any national tour of it's sort and that's because the price of entry is pitched just right. It suits a lot of players that would happily and do play higher because there is so much value to be had. Increase the price and the value will drop out and the numbers will go down.

I've got the feeling the price will go up, but if it isn't broke, why fix it?


Title: Re: Increased UKIPT buy-ins a good idea?
Post by: snoopy1239 on October 19, 2011, 12:40:58 PM

I've got the feeling the price will go up, but if it isn't broke, why fix it?

To make it better.


Title: Re: Increased UKIPT buy-ins a good idea?
Post by: StuartHopkin on October 19, 2011, 12:45:00 PM
Pretty sure once your happy to stump up 500 for a bit of fun, your not gonna be overly worried about making it 750.


Title: Re: Increased UKIPT buy-ins a good idea?
Post by: Ironside on October 19, 2011, 12:52:31 PM
Stu 50% price hike will make a difference look at the people that shop round for every day aswell as big ticket items, these people will be more likely to look for another comp that's still in there price range


Title: Re: Increased UKIPT buy-ins a good idea?
Post by: StuartHopkin on October 19, 2011, 12:54:20 PM
Stu 50% price hike will make a difference look at the people that shop round for every day aswell as big ticket items, these people will be more likely to look for another comp that's still in there price range

You think so?

It was more the use of the words 'for a bit of fun' I was talking about.

Personally I think there is a huge difference between someone lumping up 500 to play cards and 500 to buy a telly.


Title: Re: Increased UKIPT buy-ins a good idea?
Post by: George2Loose on October 19, 2011, 01:01:28 PM
Really hope they leave it at 500.


Title: Re: Increased UKIPT buy-ins a good idea?
Post by: Ironside on October 19, 2011, 01:01:52 PM
people look for deals for holidays where they will get a cheaper deal to Greece at last minute because it was a £100less than the holiday to turkey they were looking forward too


Title: Re: Increased UKIPT buy-ins a good idea?
Post by: TightEnd on October 19, 2011, 01:05:15 PM
Would be the wrong move to hike the buy ins I reckon

Even though the satellite opportunities into the UKIPT are many, the strongest area in these tough times is the recreational, low buy in market. Up to £300 but typically sub £100

Take the price more out of the reach of that market and I would expect it to affect runners


Title: Re: Increased UKIPT buy-ins a good idea?
Post by: istrabraq on October 19, 2011, 01:16:31 PM
With genting tour starting next year they should defo keep ukipt at 500 . They have the bigger buy ins with the ept tour . So I say keep it a 500


Title: Re: Increased UKIPT buy-ins a good idea?
Post by: kinboshi on October 19, 2011, 01:23:21 PM
Think the reasoning might be to increase the prize-pool without having to increase the number of runners?

€500 buy-in is beyond my bankroll (and skill level), so I'd only play these via a satellite. Therefore not much difference if it's a €500 or €750 seat.  There are others who regularly buy-in to the GUKPTs, Monte Carlos at DTD and the UKIPTs - and I can't see it affecting them.  Then there are those who fall somewhere between the two.  Those who stretch themselves to buy in to a €500 tournament and might reconsider if it was €750.  These people might simply play two UKIPTs and then skip one, whereas before they'd play the three events.

Not played a UKIPT before, but they look like cracking events so will probably try and qualify for a few next season.


Title: Re: Increased UKIPT buy-ins a good idea?
Post by: BulldozerD on October 19, 2011, 01:28:33 PM
£500 is about right imo


Title: Re: Increased UKIPT buy-ins a good idea?
Post by: SirPerceval on October 19, 2011, 01:31:02 PM
Was going to play a couple of these next season at £500 but wouldn't at £750.

keep it at £500 or make it £1000+ depending on which market you want to attract. IMO.


Title: Re: Increased UKIPT buy-ins a good idea?
Post by: kinboshi on October 19, 2011, 01:31:45 PM
Was going to play a couple of these next season at £500 but wouldn't at £750.

keep it at £500 or make it £1000+ depending on which market you want to attract. IMO.

Scottish imo ;)


Title: Re: Increased UKIPT buy-ins a good idea?
Post by: Eso Kral on October 19, 2011, 02:25:13 PM
Really hope they leave it at 500.
yeah but the min cash will be more
wiiiiiiiiiii


Title: Re: Increased UKIPT buy-ins a good idea?
Post by: roscopiko on October 19, 2011, 02:27:18 PM
Would be the wrong move to hike the buy ins I reckon

Even though the satellite opportunities into the UKIPT are many, the strongest area in these tough times is the recreational, low buy in market. Up to £300 but typically sub £100

Take the price more out of the reach of that market and I would expect it to affect runners

This, price is right atm


Title: Re: Increased UKIPT buy-ins a good idea?
Post by: EvilPie on October 19, 2011, 02:39:12 PM
Someone asked me recently if I thought increasing the UKIPT buy-ins for Season 3 up to 750 GBP or Euros was a good idea. I'm not sure if that's because this is happening or not but I thought it was worth some discussion.

My personal view is that most of the stops should stay at 500. With the current financial climate, a lot of recreational players will feel that paying 750 pushes it beyond what is reasonable to spend to have a bit of fun. The numbers of entrants have been the highest for any national tour of it's sort and that's because the price of entry is pitched just right. It suits a lot of players that would happily and do play higher because there is so much value to be had. Increase the price and the value will drop out and the numbers will go down.

I've got the feeling the price will go up, but if it isn't broke, why fix it?

This is just wrong.

The reason it's successful is because it's got pokerstars behind it.

Their player pool is so vast that they could make they entry fee pretty much whatever they want and they'll sell out any venue in the UK.

If they lose a few players who can't quite afford £750 they'll pick up a few others who think that £750 is just about worth playing for.


Title: Re: Increased UKIPT buy-ins a good idea?
Post by: relaedgc on October 19, 2011, 02:40:00 PM
Someone asked me recently if I thought increasing the UKIPT buy-ins for Season 3 up to 750 GBP or Euros was a good idea. I'm not sure if that's because this is happening or not but I thought it was worth some discussion.

My personal view is that most of the stops should stay at 500. With the current financial climate, a lot of recreational players will feel that paying 750 pushes it beyond what is reasonable to spend to have a bit of fun. The numbers of entrants have been the highest for any national tour of it's sort and that's because the price of entry is pitched just right. It suits a lot of players that would happily and do play higher because there is so much value to be had. Increase the price and the value will drop out and the numbers will go down.

I've got the feeling the price will go up, but if it isn't broke, why fix it?

This is just wrong.

The reason it's successful is because it's got pokerstars behind it.

Their player pool is so vast that they could make they entry fee pretty much whatever they want and they'll sell out any venue in the UK.

If they lose a few players who can't quite afford £750 they'll pick up a few others who think that £750 is just about worth playing for.


Title: Re: Increased UKIPT buy-ins a good idea?
Post by: Gazza on October 19, 2011, 02:46:51 PM
Was going to play a couple of these next season at £500 but wouldn't at £750.


same here.


Title: Re: Increased UKIPT buy-ins a good idea?
Post by: Dubai on October 19, 2011, 02:50:10 PM
Cant believe anyone travels to play £500 slow deepstack events unless they are going for the social side- from financial side you need a 200% expected roi to even bother, and that dont include opportunity cost of playing online- therefore any good online player would need a 700% expected roi probably to bother wasting 3/4 days- obviously if its for social and fun then its different but all I read these days is a load of kids who dont leave the house if its not +ev so imagine that the higher the buyin, the quicker they will get on their scooters


Title: Re: Increased UKIPT buy-ins a good idea?
Post by: StuartHopkin on October 19, 2011, 02:58:24 PM
Scootays surely, not scooters


Title: Re: Increased UKIPT buy-ins a good idea?
Post by: SuuPRlim on October 19, 2011, 03:01:45 PM
My guess as to why they have done this is because due to the tours high popularity now there are only about 3 casino's in the UK that actually have the capacity to run one of these.

It's defo a tour aimed at enthusiastic recrational players, even £1k's are barely worth the time for most pro's unless they are on the doorstep.

UKIPT leeds imo :)


Title: Re: Increased UKIPT buy-ins a good idea?
Post by: Skippy on October 19, 2011, 03:37:33 PM
Is this actually happening then? This thread started with a "do you think this is a good idea", then everyone else chimed in talking like it was a done deal.

I feel so underinformed  :'(


Title: Re: Increased UKIPT buy-ins a good idea?
Post by: Whollyflush on October 19, 2011, 04:53:12 PM
people look for deals for holidays where they will get a cheaper deal to Greece at last minute because it was a £100less than the holiday to turkey they were looking forward too

comparing average joe's consumer consumption and degenerate gamblers general punting around isn't a great anology.


Title: Re: Increased UKIPT buy-ins a good idea?
Post by: Whollyflush on October 19, 2011, 05:14:12 PM
Cant believe anyone travels to play £500 slow deepstack events unless they are going for the social side- from financial side you need a 200% expected roi to even bother, and that dont include opportunity cost of playing online- therefore any good online player would need a 700% expected roi probably to bother wasting 3/4 days- obviously if its for social and fun then its different but all I read these days is a load of kids who dont leave the house if its not +ev so imagine that the higher the buyin, the quicker they will get on their scooters

I agree. When you consider how expensive it is to get to places like dublin/Edinburgh, add accomodation costs and drinks/food in these places your looking at over £1k easily.


Title: Re: Increased UKIPT buy-ins a good idea?
Post by: George2Loose on October 19, 2011, 05:16:53 PM
Cant believe anyone travels to play £500 slow deepstack events unless they are going for the social side- from financial side you need a 200% expected roi to even bother, and that dont include opportunity cost of playing online- therefore any good online player would need a 700% expected roi probably to bother wasting 3/4 days- obviously if its for social and fun then its different but all I read these days is a load of kids who dont leave the house if its not +ev so imagine that the higher the buyin, the quicker they will get on their scooters

I agree. When you consider how expensive it is to get to places like dublin/Edinburgh, add accomodation costs and drinks/food in these places your looking at over £1k easily.

Well then up the prices for these locations- not the whole tour


Title: Re: Increased UKIPT buy-ins a good idea?
Post by: scotty77 on October 19, 2011, 05:55:12 PM
Cant believe anyone travels to play £500 slow deepstack events unless they are going for the social side- from financial side you need a 200% expected roi to even bother, and that dont include opportunity cost of playing online- therefore any good online player would need a 700% expected roi probably to bother wasting 3/4 days- obviously if its for social and fun then its different but all I read these days is a load of kids who dont leave the house if its not +ev so imagine that the higher the buyin, the quicker they will get on their scooters

I agree. When you consider how expensive it is to get to places like dublin/Edinburgh, add accomodation costs and drinks/food in these places your looking at over £1k easily.

Well then up the prices for these locations- not the whole tour

Umm because a lot of people will travel to UKIPT Manchester from Dublin/Edinburgh and will have just the same overall cost.....

I've never played a UKIPT before but intend on doing the whole tour next year and from a personal perspective I don't mind either way to the buy in....


Title: Re: Increased UKIPT buy-ins a good idea?
Post by: George2Loose on October 19, 2011, 05:59:35 PM
Cant believe anyone travels to play £500 slow deepstack events unless they are going for the social side- from financial side you need a 200% expected roi to even bother, and that dont include opportunity cost of playing online- therefore any good online player would need a 700% expected roi probably to bother wasting 3/4 days- obviously if its for social and fun then its different but all I read these days is a load of kids who dont leave the house if its not +ev so imagine that the higher the buyin, the quicker they will get on their scooters

I agree. When you consider how expensive it is to get to places like dublin/Edinburgh, add accomodation costs and drinks/food in these places your looking at over £1k easily.

Well then up the prices for these locations- not the whole tour

Umm because a lot of people will travel to UKIPT Manchester from Dublin/Edinburgh and will have just the same overall cost.....

I've never played a UKIPT before but intend on doing the whole tour next year and from a personal perspective I don't mind either way to the buy in....

More people are obv travelling to those locations. Also the price of accommodation in those locations is a lot more than Manchester/Notts etc.

I really think upping the price will 1)Effect number of runners and 2) Mean that the better plays will play them. Hence for selfish reasons keep it as is. No idea re the overall effect regarding the poker economy


Title: Re: Increased UKIPT buy-ins a good idea?
Post by: ForthThistle on October 19, 2011, 06:01:48 PM
Wil just increase the number of Staking Threads IMO.


Title: Re: Increased UKIPT buy-ins a good idea?
Post by: scotty77 on October 19, 2011, 06:05:44 PM
I really think upping the price will 1)Effect number of runners and 2) Mean that the better plays will play them. Hence for selfish reasons keep it as is. No idea re the overall effect regarding the poker economy

I don't really agree with that.  The GUKPT has a bigger BI and a more top heavy structure and a lot more of the big names shun that tour in favour of the UKIPT....

I reckon tho, as a whole, it would be better for the poker economy as a whole if the BI were kept at 550.


Title: Re: Increased UKIPT buy-ins a good idea?
Post by: SuuPRlim on October 19, 2011, 06:08:06 PM
I think they have no choice but to up to £750 or start holding them in hotels etc like EPT, but hard to justify that as the juice is a lot smaller and this might lead them to upping the juice which will cause even more controversy


Title: Re: Increased UKIPT buy-ins a good idea?
Post by: George2Loose on October 19, 2011, 06:08:27 PM
I really think upping the price will 1)Effect number of runners and 2) Mean that the better plays will play them. Hence for selfish reasons keep it as is. No idea re the overall effect regarding the poker economy

I don't really agree with that.  The GUKPT has a bigger BI and a more top heavy structure and a lot more of the big names shun that tour in favour of the UKIPT....

I reckon tho, as a whole, it would be better for the poker economy as a whole if the BI were kept at 550.

Yes lots of value in GUKPT's but they're tougher than UKIPTS


Title: Re: Increased UKIPT buy-ins a good idea?
Post by: George2Loose on October 19, 2011, 06:08:50 PM
I think they have no choice but to up to £750 or start holding them in hotels etc like EPT, but hard to justify that as the juice is a lot smaller and this might lead them to upping the juice which will cause even more controversy

Most of them are held in hotels


Title: Re: Increased UKIPT buy-ins a good idea?
Post by: istrabraq on October 20, 2011, 10:34:36 AM
We were discussing this I'n mcr the other day , most of them want it 2 stay at 500 as people say with cost a 750 event becomes over 1k . And with genting starting there tour I'n feburary with a gtd pot and only 440 buy I'n . Most players will opt to play that . I have played 2 ukipt and really enjoyed them will be a shame at 750 just 2 much for us part time players


Title: Re: Increased UKIPT buy-ins a good idea?
Post by: Karabiner on October 20, 2011, 10:52:11 AM
From a personal viewpoint £750 is too much and will mean that I now won't be playing the DTD leg.

I also think that this could well prove detrimental to the GSOPT as people may choose to play these instead because of the value offered by the satellite qualifiers as opposed to the tougher fields like last week's at Coventry.


Title: Re: Increased UKIPT buy-ins a good idea?
Post by: Doobs on October 20, 2011, 10:58:35 AM
Up it.  I struggle to get the enthusiasm to travel for a £500 tourney.  It isn't the buy in, but the loss of earnings/expenses that go with it.  There are always sats/staking for those that can't afford the increase.    

And make them all 3 day max too.  Dragging them out to 4 days and then not even playing a full day is just ludicrous.  That will do more for the part timers than the entry fee.  


Title: Re: Increased UKIPT buy-ins a good idea?
Post by: AndrewT on October 20, 2011, 11:00:40 AM
I wouldn't mind a £750 one in London - at least then we get on the tour rather than Stars pretending the EPT is really part of the UKIPT.


Title: Re: Increased UKIPT buy-ins a good idea?
Post by: dino1980 on October 20, 2011, 11:32:25 AM
OP is definitely a credible source fwiw, so likely this may be happening.

EPT buy-ins aren't uniform across the board, so short of them wanting to make all the buy-ins the same, I don't see why they can't make a couple of them £750 but leave the majority of them at £500 to see what happens. If feedback is positive (from all sides) then potentially roll out more 750s the next season.

There were three Irish legs last year, make Dublin a 750 and make one of the English legs a 750, probably Brighton unless they host a leg outside of the Grand Final in London. It'd also be good for test purposes if the 750s didn't clash with the WSOP.


Title: Re: Increased UKIPT buy-ins a good idea?
Post by: dino1980 on October 20, 2011, 11:43:04 AM
Up it.  I struggle to get the enthusiasm to travel for a £500 tourney.  It isn't the buy in, but the loss of earnings/expenses that go with it.  There are always sats/staking for those that can't afford the increase.    

And make them all 3 day max too.  Dragging them out to 4 days and then not even playing a full day is just ludicrous.  That will do more for the part timers than the entry fee.  
With the success of the tour it's impossible to make them three days as numbers dictate there has to be a Day 1A and Day 1B. If you mean three days as in Day 1A/B, Day 2 and Day 3 then in the one's that were like that this year - Cork springs to mind - the day's were far too long for all involved, I believe it was something like 11 levels on Day 1s, same on Day 2 and final day not fair on the players IMO especially at the business end of the tournament. Nottingham was even worse and should've had an extra day.

If the events were to follow the three day format as above, they'd either have to change the structure, cap the field or as per OP, up the buy-ins to reduce the numbers.

Of the events last year that ran Day 1A/B, Day 2, Day 3, final - Newcastle for instance where there was no TV - the format was eight levels on Day 1A/B & Day 2, it then took about 10 levels to get down to the final table on Day 3 and the final lasted six levels, so an average of eight levels a day, which is about right in my opinion.

As for recreational players not being able/wanting to play an event that lasts Thursday-Monday, the final 'extra' day effects a very small percentage of the field and iirc Stars gave those who made the final free hotel rooms for the night before the final.


Title: Re: Increased UKIPT buy-ins a good idea?
Post by: AndrewT on October 20, 2011, 12:46:26 PM
As for recreational players not being able/wanting to play an event that lasts Thursday-Monday, the final 'extra' day effects a very small percentage of the field and iirc Stars gave those who made the final free hotel rooms for the night before the final.

This is a great touch.


Title: Re: Increased UKIPT buy-ins a good idea?
Post by: alfiesdad on October 20, 2011, 01:43:58 PM
Horses for courses on this one...
Have different buyins (as done prev on ukipt tour) for the ones with anticipated high numbers.
Mixture of £500 - £1k would work fine if they pick the right venues for the higher buyins imo.