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1  Poker Forums / The Rail / Re: In reply to whisperer (TC's Fee's) on: July 07, 2011, 03:55:02 PM
Maybe whisperer should elaborate a little as he/she is being a little economical with the truth regarding our rake.

Many thanks for your in depth response on this subject.

It's not that I was being economical with the tructh, it is just that as a non-regular I didn't know/understand any of these included extras. I just turned up for a £35 double chance and only £25 went into the pot.
I am sure any regulars were fully aware of the additional elements but I wasn't, nor did I see any reference to it inside the club.
For what it is worth I think your venue is superb and when I do occasionally play live I choose yours over others.

many thanks whisperer, we thought we were doing the right thing & apologise if our bubble tourney wasn't explained to u. As I said earlier we tried to make it clearer and didn't explain ourselves clearly, hence the reason for my ultra long explanation of what we were trying to achieve. Everything is back to normal now & exactly as the tournament schedule appears. Just to correct rex008, obv I wasn't clear even here lol it used to be 35+5+5 (10.5kchips) then became 35-5-5 (10.5kchips) and entry into a £1,000 tourney. It is now £35 -5 & thats it.
2  Poker Forums / The Rail / In reply to whisperer (TC's Fee's) on: July 07, 2011, 05:18:06 AM
reply to message thread.......http://blondepoker.com/forum/index.php?topic=54146.0

Maybe whisperer should elaborate a little as he/she is being a little economical with the truth regarding our rake.

On the 6th June we changed to a flat rate fee for buy-ins, for instance we will use whisperers £35 example. prior to the 6th June the £35 tourney would have had a £5 additional charge for participation fee & vegas league this bought 8k chips for the tourney. We then sold bonus chips of 2,500 for an additional £5 which we then added to a "bubble event" (bi-weekly for the players who had finished as the final table bubble (10th) or did not cash on the final table).

This meant that the players were paying £45 for 10.5k chips. From the 6th of June we charged £35 inc of participation fee,  league & bonus chips & at no point did we ever say our tourneys were rake free, we stated there was no hidden fees !!!! the players after the 6th received 10,500 starting chips for £35, (we thought the players were looking for more chips and more play without spending more money.

We go to extremes at TC's to make sure our members feel they are getting great value for money & to be totally transparent with the members money. I would also hasten to add that we are the only private members club that gives its bonus chip sales back to the members & does not try to dress it up as something we are adding out of the clubs finances.

Because of the confusion that the change has caused we have now returned to the old style of buy-ins & instead of including bonus chips we have once again made these purchases optional on the night so whatever buy-in we advertise is now the price the players pay to play any given tournament & if they choose not to take the bonus chips that is their own individual decision.

In these tough economic times we were trying to make it less expensive to play & giving more chips but sadly it has slightly backfired on us. However as per our revised schedule
http://tcsports.org.uk/nd1_schedule.html   everything is back to normal & whatever the buy-in is that is what goes into the pot minus our participation fee & autumn league, which totals £5 per tournament & never £10 as was stated.
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