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Poker Forums / The Rail / New Freezeout Comp in Leeds
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on: August 20, 2005, 02:44:44 PM
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The Gala in Leeds are now running a £50 NL holdem freezeout the first Friday of the every month commencing Sept 2nd 8.45pm.
The format is: 10,000 point starting chips -- 200/100 starting blinds increasing every 20mins. The tournament is limited to a maximum 77 runners.
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Poker Forums / The Rail / Chip Counts
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on: June 28, 2005, 11:44:23 AM
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What do players on here understand by a Chip Count?
My understanding of a chip count is that prize money should be split with some relationship to how many chips they have, ie if there are three left with 50%, 40% and 10% of the chips, each player gets the 3rd prize plus a percentage of the remaining prize pool equal to his percentage of chips. So this fairly reflects the probability of each player winning had the competition been played to a finish.
Both poker venues I play regularly set an arbitary finish time for comps at which time whoever is in front at that moment gets the first prize etc etc. This seems a pretty unsatisfactory way of doing it as difference of one chip can mean nearly doubling your prize. It creates a ridiculous sitution as the finish time approaches where the short stacks have no option but to play all-in on anything to try and improve their position and chip leaders don't have to play at all if they are far enough in front.
Is this common practice at all casinos? Any thoughts?
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