blondes at APAT

[TightEnd]

Under our terms & conditions, the APAT will not support deal making. 
 
This is a unique Championship event and the onus is on every player to try their utmost to win it.  The above prize structure promotes that ideal and as no APAT member relies on Poker to make a living, our Champion will receive the lions share of the rewards on offer.
 

as you can see we are trying something different.

We'll see how it goes, take feedback on board and go from there for Event 2.

[Bainn]

yes

we will be starting at 3pm precisely, no later. Disqualified if not at your table then

all to be seated by 2.45 to listen to you know who!

Ahem.

I will definitely be registered on time.

[Bainn]

Well got my e-mail,so i'll be signing up at the broadway at 1:30,I'm easy after that, if anyone wants to go for a coffee to pass a bit of time i'm game,but i'll go with the flow.

I'll be at the marriot from 11am, and am meeting up with Bainn and Harmony, and any others who are aboutfeel free to jion us.

Now as to the e-mail, the prize distribution, ie 50 % + extras for the winner, is a tad top heavy. 4th to 9th £300 eaach is bit flat, but hay ho, I'm happy to get the chance to play so it looks like win or bust stratagy for me.

Good luck to all of you.

See you Saturday ! ! !

[Bainn]

Emails sent....i'm small print'ed out........

Cheers for you work Des.

[matt674]

No deals. It's a concept. We want to do this a little different. We want to see someone win their EPT seat outright, & go live the dream, the guy in the street playing an EPT, sat next to the big boys. Introduce "business", & the Seat gets complicated. Can we stop deals? We shall see. We shall certainly do our best. But before Members join, they know our stance on deals, so it's their choice. If they cannot accept our view on deals, I guess they won't join. It's not a problem, it's for the individual to decide if he likes our proposed package. Ordinarily, I believe players have the right to deal. This is a different concept, at least we want it to be.

Not all Grosvenors have such a top heavy payout structure and we do increase our payouts from 18th to 10th but only with 3 stages not 4. But I can only speak for Blackpool. 

Plus if you get paid you will make at least a small profit on your investment.

During our weekly comps we run a flattish structure, not as flat as Gala Notts. But as flat as we could make it without the death threats eminating from the poker playing fraternity. Some well thoughts of professional players actually threatened me after I ran Festival events with a 30% first prize.

So perhaps not all professional players quite understand the theory behind "Flatter Payouts"

Also, the comment about it's your money. Some people, who work in the casino industry, will argue hard and long against that. To Quote. "It's not their money until they are knocked out." Not my opinion but one that is still around and being used.


Yogi

A good, well-reasoned & thoughtful Post by Yogi, as always.

But the final para troubles me.

It IS the players money, until & unless a sponsor puts some in, & I believe strongly that the players have an ABSOLUTE RIGHT to do what they want. As to "what they want", well, thaht's another story altogether, & I fancy there will never be agreement on that!

So even though there will be no money added by the sponsor and all of the cash prizepool will be provided by the players they will not be allowed to deal? As i've said in a previous post if this assosiation is aimed at the recreational player then the difference in say a possible £2700 for 1st and £900 for 4th is huge, surely they should be able to decide how it gets paid out?

No, the Sponsor is not adding money, but they are adding - considerably - via the EPT/WPT/WSOP Seats.

Everyone has the right to decide if they want to deal or not, that's always been my stance, as you correctly remind us. This is a different concept, & we have made potential Members aware of this facet of APAT Live Events BEFORE they joined. So they have the choice, & if it makes them uncomfortable, they will decide that APAT is not for them.

It took Des a considerable amount of time to "sell" this Policy to me, but eventually, in the context of APAT, I clicked on to the concept.

We foresee the Finalists really "going for it", all the way, down to the wire, playing proper Poker (hopefully the Structure will encourage this), & an outright winner. The majority of players will never have played in a Casino before, & as such, I think they will find the Final a truly memorable experience.

Let's hope that the Recreational Monkeys support the logic.

You back from Vegas?

Wow - was i ever way off the mark thinking the difference between 1st and 4th would be about £1800 and that this difference would be a massive one to the recreational players - but over £4000 before the added prize!!

There are people travelling the length and bredth of the country to play this tournament so because there is no payout structure difference up until the top 3 places then you have to finish in the top 3 to actually win more than the trip has cost in the first place!!

Normally the difference between the prize money won by the 4th place finisher to the winner is somewhere between 225-250%. For this tournament with the added prize the winner will walk away with approx 2300% more than whoever finishes 4th.

Now thats a top heavy structure!!

The APAT will add beween 37% and 77% to the prize pool throughout season one.  We hope to increase this value in season two.  An achievement to be proud of, as we did not have a Member in place when those contracts were negotiated.  Think what we could achieve with 5,000 members, or 50,000? 

Is this still the case and if so how much has the APAT added to the prizepool as i take it that the prize awarded by the sponsor is a seperate issue?

[DesD]

The APAT will add beween 37% and 77% to the prize pool throughout season one.  We hope to increase this value in season two.  An achievement to be proud of, as we did not have a Member in place when those contracts were negotiated.  Think what we could achieve with 5,000 members, or 50,000? 

Is this still the case and if so how much has the APAT added to the prizepool as i take it that the prize awarded by the sponsor is a seperate issue?

Hi Matt,

The APAT has brought an additional 48% in value to this tournament. 

That value was negotiated through a protracted contractual process with PokerStars.com, prior to a membership being in place and if perhaps you think PokerStars.com took the decision to become the tour sponsor of the APAT lightly, then I urge you to look at their home page, where the APAT is one of very few non PokerStars owned properties, promoted to their worldwide player base.

Similarly, the payout structure has been part of our terms & conditions since launch on August 1.  We will try it and take stock after the first event.  Please bear in mind that we are under two months old and had to start somewhere.  But we are committed to listening to our members and will introduce a more formal method of consultation in the coming weeks.

You put quite a lot of effort into pulling your post together Matt.  You should add weight to your voice and join.  There is a limit to what the APAT can achieve without the full committment of the players.   

Regards,

Des.

[matt674]

Thank you for the offer but for the moment i will be happy taking a watching brief as to the progress of the APAT, once it is an established organization then i will see whether it will be worth me taking out a full membership. I have paid my online subscription as your online series is being played on home territory for me and i have easy access via my pokerstars treehouse.

To be honest because it is difficult for me to get time off work i dont get to play as much live as i do online, the tournament at BB3 was my first since returning from Vegas. But if i was to play a live event that i knew would take up a whole weekend i would have to question whether it would be worth travelling long distances to play in a tournament where i had to finish in the top 2.5% to come away with any profit.

I did post in a thread started by Bainn saying that i agree that the APAT will need time to develop and to be patient - just as the EPT needed after its first few tournaments in Season 1 were slated for structure and payout.

I wish everyone luck in this weekends tournaments - especially the sole member of "Team Chorlton" who will be taking part, I hope it is a success.

[Jon MW]

Well got my e-mail,so i'll be signing up at the broadway at 1:30,I'm easy after that, if anyone wants to go for a coffee to pass a bit of time i'm game,but i'll go with the flow.

I'll be at the marriot from 11am, and am meeting up with Bainn and Harmony, and any others who are aboutfeel free to jion us.

...

Good luck to all of you.

See you Saturday ! ! !

I hope to see you there 

Although, I have to buy my nieces birthday present on Saturday, so if that takes too long I'll be rushing straight to the casino.

[Bainn]

I wish everyone luck in this weekends tournaments

Cheers Monkey.

[Bainn]

Hey, does anyone know if there will be any mini-updates done from the event for the forum?