Payout Structures

[Colchester Kev]

The more i read about this, the more obvious it seems .... 

Most 20/30/50 pound comp players dont look at the big picture regarding pay out structures... they see a top prize, and think, wow that would be a good return on my investment...  and the bigger the first prize, the bigger the financial carrot that is dangled before them... the fact that these comps are always ending in chops shows that regardless of the structure, deals are going to be done .. especially when you get the same players week in week out ... dont forget payout structures have been top heavy for so long now, and it will take a long time to educate people into seeing the benefits of a flatter structure. At the moment, all they see is (and i bet you heard this a few times last night dik9)  "HEY, why is first prize lower than normal"...."why should third get that much"  etc etc..  then they chop it anyway.

I think the only way forward is to Implement the flatter structures for festivals (as in Luton) and then slowly but surely they will filter down to the bread and butter games.

[dik9]

That was exactly what I was thinking, thats why I wanted to trial it before the fest just to get a little feedback. Outcome amazed me, those people already in a few events said they would pull out if it remained the same, but the clincher came when a few people suggested to the boss that we were pushing people towards our opposition. Now the boss doesn't know a great deal about poker, but those immortal words of "well we will go somewhere else then" swayed a decision that was in the balance. To be fair to my boss, if I was in the same position i would probably make the same decision, with the limited knowledge of the facts put in front of me. He was over whelmed by negative comments from bigger house playing customers. IMO the people that complained were the people that could afford it in the first place and didn't need the extra 10%. The bread and butter poker players that play day in and out were mainly in the 30% zone. But from a non poker GM if he sees his big punters being upset in the card room then he will listen to them and over ride as he sees fit. All I can say is.....don't bite my head off....But if the roles were reversed and I wasn't interested in poker then I would say that I probably would listen to the poker player who plays house games. It is just ironic that the flatter the structure, the more chance the house has a chance to hit   

[snoopy1239]

Nightfly found all this out in the link I pasted at the start of the thread.

I think it's a mere case of ignorance and, unfotunatley, there is nothing you can do except perhaps inform players of what Kev said and see if that changes anyone's view.