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46  Poker Forums / Live Tournament Staking / Re: James Keys WSOP Main Event (auction) on: June 21, 2012, 01:03:28 AM
Thought I posted here yesterday but internet was playing up. Can you PM me bank details and how much to send in sterling for my %. Cheers.
47  Poker Forums / The Rail / Re: James Keys WSOP Main Event (auction) on: June 19, 2012, 08:47:22 PM
Hi James, I would like to pay by bank xfer please. Can you pm me details and current rate. Gl in vegas!
48  Poker Forums / The Rail / Re: NEW: DTD £500 Mega Deepstacks: £500,000 Guaranteed on: June 16, 2012, 06:43:54 PM
Hoping my schedule stays clear so I can play this but would agree with others about having re-entry same day. I am not likely to travel back up the next day for a re-entry but if I bust during late entry period I would re-enter same day.
49  Poker Forums / The Rail / Re: Poll: Your views required please on Re-entry tournaments on: June 16, 2012, 06:19:10 PM
Thanks for the replies luckyblind.

You said you were surprised at the low numbers playing cash during a DTD tournament and add that a DTD reg confirmed cash games were adversely affected by this measure. I wonder then why ANY cash game player would have voted in favour of the re-entry format??

Don't forget cash game players are an integral part of the customer base in a card room business. Obv any cash players looking to get juicy side games going are going to be disappointed because that £500 or whatever is going back into the comp rather than finding it's way to the cash tables. Thus rather than canvass opinion from tourney players who have busted why not go and ask cash game players looking to get a game started what they think and I'm sure you'll get a markedly different result.

You have said re-entry adversely affects revenue for the venue, adversely affects cash games for the players, and as you can see lots of the players polled don't want it, yet you are very convinced it's a winning idea. The only argument you present in favour is because some players have travel costs to meet.

I think you have missed the bit where I said "certain situations".

For an event where a lot of the field are travelling and in particular staying in a hotel then from an organisers point of view you want as many in a tournament as possible. At some point a lot of the players will end up in a cash game. In my experience (which is only 8 years of running major festivals) players are most likely to book a new flight home when exiting early on Day 1 after that they usually (not always) stay.

Where an event is populated by players who are going home each night the longer they play in the tournament the less likely they would be to end up in a cash game (IMO).

Without doing the math (and I am not likely too as it does not match our business) I would imagine at some point the extra numbers added by offering re-entries in a locals-centric tournament the cash game revenue could go up. F&B will certainly go up.

From a tournament players point of view I can't see a reason not to want re-entries if you are correctly rolled for the buy in level. Even then if you are playing out of your roll's level I still don't see a valid objection. Romantic reasons are not valid - again IMO.

I would imagine all "predominantly cash game" players would vote for no re-entries. There are more relevant questions that I would be asking cash game players than those about tournaments.

This is all just my opinion as I presumed this is what this thread asked for.
50  Poker Forums / The Rail / Re: Poll: Your views required please on Re-entry tournaments on: June 16, 2012, 04:11:49 PM
Just to back up my point on the validity of the poll take a look through the responses in the thread. Almost everyone who has bothered to offer an opinion is in favour of re-entries in some form. Even some that voted no did so only because of their current situation. The replies and opinions in the poll are much more valuable than the actual poll itself.

51  Poker Forums / The Rail / Re: Poll: Your views required please on Re-entry tournaments on: June 16, 2012, 03:56:33 PM
Quote
I would imagine in a venue like DTD where players might travel but not stay overnight it would have a negative impact on their cash games as players might normally jump into them after an early exit. This loss of revenue is also exaggerated by the fact that most tournaments run at break even or a loss unless the reg fee is over £50/€50 for a multi day event. Bigger loss-making tournament + smaller cash game revenue is not a good business model!

Why do you think DTD are making the mistake of implementing poor business models within their organisation?


Quote

At a recent GUKPT before re-entries were introduced 100% of the players I spoke to after busting would have re-entered if it was an option

The way you conduct market research and collate data needs improvement. If you ask somebody if they want to get back into a game after busting, especially when they can't actually commit to their answer, your results will be massively skewed. Hence why 100% said yes. Unless you really do believe 100% of all players favour re-entry you can see how inaccurate your polling method is. Yet you are using this data to add weight to your arguement whilst dimissing our far more balanced poll as having 'little meaning'.

DTD are not necessary making a mistake, I merely pointed out a possible downside for a poker room offering re-entries. Certainly from experience in running tournaments I know that unless you get players into cash games at a tournament you are not going to make any money. Not at sub £50 reg fees anyway. Alex's comment about cash games being affected would imply to me that this is the case. I have only had time to go DTD once (for one of the 150 deepstack jobbies) and whilst I was very impressed with the place I was surprised at the low numbers playing cash considering the amount of players in the tournaments.

Re: The GUKPT comment, this was one of many occasions where I have spoken to players. It was only a small sample but with the players concerned I am pretty sure that their answers were valid. I took almost a year of evaluating direct player feedback from our events and others as well monitoring forum feedback before adding them to our events.

This poll means a lot if all the players who have answered are part of the target market of the person creating the poll. It may do but I doubt it. One of the best things about Blonde is that it attracts a wide spectrum of poker players.

52  Poker Forums / Live Tournament Staking / Re: James Keys WSOP Main Event (auction) on: June 16, 2012, 10:29:58 AM
1% @ 2.0 pls
53  Poker Forums / The Rail / Re: Poll: Your views required please on Re-entry tournaments on: June 16, 2012, 10:00:35 AM
A topic that is close to my heart at the moment Smiley

Firstly on the rare occasions that I get to play a live tournament I am greatly in favour of the re-entry option. Due to where I live any tournament I play I am going to be a travelling player and being able to re-enter on the occasions I bust early is must if I am going to make the effort to travel.

I am a believer that starting a tournament late is giving up EV as when the stacks are deeper compared to the blinds I think a better player has more of an edge. Therefore I think a re-entry a few levels in has a slightly lower EV but factor in the travel costs being split between what is effectively two different tournaments and it levels it out somewhat.

Initially from a business point of view I was a little sceptical of re-entry tournaments but once I understood them properly and what the true effects and demands for players are I was quick to implement them in every event we are involved in.

In the early days of re-entry tournaments I think there was a lot of misconceptions about how they would affect the play and who they really benefit. In my personal opinion I am 100% sure that it does not give anyone a specific advantage in an individual tournament. If anybody is playing a re-entry in the same way as a re-buy they are giving up EV to the rest of the field. In a traditional re-buy tournament there is definitely an advantage to playing loose and trying to gain chips. If you lose your chips you are still on the same table and have a chance to win your chips back and also the payout structures are different with a min cash usually being considerably more in a re-buy.

When you use the re-entry option you are effectively playing a second tournament and should not take the first bullet into account when calculating your roi on this tournament. A lot of people who played our deepstack this February and re-entered suddenly realised this when approaching the bubble and seeing that the min cash was only money back if they had re-entered. Our policy on payouts is that a min cash is around double the initial buy in.

Like Dave has mentioned above we also extensively canvassed our player base before making the decision to bring in re-entries and it was an almost unanimous "yes" from them. Caveat here being that most players who play the tournaments we are involved in are travelling players so they are more than likely to see the benefits of playing a "second tournament" for the same set of exes. At a recent GUKPT before re-entries were introduced 100% of the players I spoke to after busting would have re-entered if it was an option. 70% of players who busted Day 1A of our Deepstack in Dublin re-entered.

From an organisers point of view it does bump up the prize pools and encourage more players to travel but can be at some cost to them in certain situations. I would imagine in a venue like DTD where players might travel but not stay overnight it would have a negative impact on their cash games as players might normally jump into them after an early exit. This loss of revenue is also exaggerated by the fact that most tournaments run at break even or a loss unless the reg fee is over £50/€50 for a multi day event. Bigger loss-making tournament + smaller cash game revenue is not a good business model! For our Dublin events this not so much of a concern as players who re-enter are less likely to check out early and jump on a plane home so we have more of a chance of getting them into a cash game. Similar applies to GUKPT where a lot of the player base may stay overnight.

The poll results are interesting but I feel they have little meaning unless the voters are separated into specific categories or there is more than one poll taking into account the different tournaments/festivals on offer to players.

Non scientific point - people are generally quick to point out things they do not like and slow to comment on the good things. Since we have introduced re-entries no-one has come up to me asked me to change it back yet many have said how much they like it. Some, like Da Bookie, have said they themselves would not use the option often but like they way the prizepools are bigger because of it. (caveat: this does not include forum posters who have never played our events before).

I also think that in the long run players who are losing will go bust quicker than normal as they are effectively going to get in more tournaments than before. They are also more likely to take a re-entry as you would assume that bad players bust out earlier on average than good ones Smiley

54  Poker Forums / The Rail / Re: Brandon Schaefer, a story to inspire on: June 11, 2012, 11:18:45 PM
Yep, Brandon is truly one of the nicest guys I have met on the poker scene. I met him and played against him at Deauville also and every few years afterwards I would see him and he always remembered me and stopped for a few words.

I might have an inkling who had the K6 highmile Smiley At first I thought it might have been me but then I realised you had said "Blonde Pro" so it must have been someone else.

That EPT had quite a few blondes go deep and if I recall correctly it was the week that blonde launched. It was my first time playing an EPT after having only been playing for less than a year. It was the first time I met Tikay, Thewy, riverdave, Mel Lofthouse, Willie Tann, The Camel, Jeff Duvall & El Blondie himself. Ah the memories... Just wish I had cashed in an EPT since Smiley
55  Poker Forums / The Rail / Re: Thanet gukpt on: April 27, 2012, 08:37:35 PM
How many chips do you start with in this tournament?

20,000 and you have about 45 mins to get here. 65 in so far.
56  Poker Forums / The Rail / Re: Thanet gukpt on: April 27, 2012, 02:17:44 PM
Press Officer GUKPT ‏ @GUKPT_Updates  Reply  Retweet  Favorite · Open
Shuffle Up & Deal!! We are underway here in Thanet. Blinds 25-50... Starting with 37 players. #gukpt

6 one hour levels of late and re-entry, no more chip penalties on GUKPT. Up to 40 already, Stockton started with a similar number and ended up with 73 runners.
57  Poker Forums / The Rail / Re: Thanet gukpt on: April 26, 2012, 06:51:31 PM
Just back from casino, they have over 20 pre-qualified not including the half dozen or so internet qualifiers and there is another live satellite tonight. Anything over 50 is a success when you compare it to the summer series numbers in previous years. Numbers in side events have been better than Stockton apart from the Omaha last night.

Casino is pretty nice but much the same as any other G. From what I have seen today from the staff they are pretty decent bunch down here.
58  Poker Forums / The Rail / Re: UKIPT Sweepstake - The biggest yet. £4k est.prize pool! Still horses for sale! on: April 08, 2012, 11:25:40 AM
Just sent £30 by bank transfer.
59  Poker Forums / The Rail / Re: UKIPT Sweepstake - The biggest yet. ***£3k Guaranteed!!!*** on: March 31, 2012, 10:41:08 AM
3 for me please. Will ship on stars after weekend.
60  Poker Forums / Live Tournament Updates / Re: DTD £50,000 Guaranteed £150 March Deepstack Day 2 and final on: March 18, 2012, 10:44:05 PM
Enjoyed the comp. Good structure for a 150. Very impressed with first experience of dtd just not the way I ran :-)

Funking for Maria and Terry Mitford. Pleasure to play with them today and all the other decent sorts I met over the few days.

Will be back.

Thanks for updates mouth & JGill.
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