13 way chop at GCBPT

[Geo the Sarge]

i do understand that geo just think u missed out on a few extra £s. at the end of the day you have 1k in ur pocket and a seat so not that bad.

6pm starts are no use cos of work and the £500 is a bit outa my league at the moment for 1 game.

gl in the main event

 

Ok mate, hopefully see you soon.

Highlighted is the main reason for me accepting the deal TBH.

Geo

[soaper]

geo well done mate when you got
outdrawn a bit earlier you took it
with genuine good grace pleasure
to play with you, at the time the deal
was done it was a crapshoot one hand
and your back to being relatively short
stacked the 1100 we got was equivilent
to fourth place a really good deal for the
shorter stacks anyway well done again
see you tonight you owe me a pint

derek

[cambo]

here Derek try an not go out the main event on the 3rd hand this yr

[LuckyLloyd]

In theory, this is a bad deal. But in practice, when you are the chip leader with a stack that has less than 20BBs it is very easy to play perfectly from here on in (putting pressure on tight players etc, etc) and fall well short of 3rd place money.

In these sort of scenarios the short term variance is huge because card distribution over the next 30 hands (an infestimal amount of hands) matters soooo much. Therefore, while accepting this deal involves sacrificing equity - it drastically reduces variance. And if you aren't properly rolled for the tournament in question (and with the greatest respect to the OP - I sense that he wasn't playing this £100 FO off a liquid br of £10k. correct me if I'm wrong on that) then I think it is silly not to reduce your variance.

Two other points that are important imo:

- Once you are knocked out of a tournament you have no right to the remaining prizepool - and those left in have the right to split it however they see fit once everyone can agree. Players who were knocked out giving stick to those who decided to deal should be told in no uncertain terms to FUCK OFF. Their opinion on the subject is absolutely 100% irrelevant;

- As mentioned above, always do the deal that is right for you personally at the time. Never be pressured into anything, and always think "can I sleep on this one?" before you do it. This deal met your objectives from the tournament and then some. So smile and be happy;

It is important to analyse these things after the fact so that you can be better prepared the next time you have to negotiate a chop - but don't feel a need to justify yourself to anyone here.

In any case, gg, wp. Best of luck with the ME seat.

[ariston]

Good job and everyones happy with a grand and a 10-1 return. I have played the maybury a few times and loved the place and did a similar multiway chop many years ago there so its obviously not uncommon. I was one of the shortstacks and was surpirsed when it was an equal split but I suppose with many "same village" players it makes sense. The maybury is the old one near the gyle shopping centre isnt it as it was probably 5 years ago I played up there???

Well done and gl in the main event.

[Eck]

Nice one Geo, can't argue with you taking a deal everyone was quite aware of how much of a crapshoot it was going to be at the end.

FT ave stack would be about 100k and min 27k a round, sod any theory someone is just going to get lucky and win imo. Good luck in the ME m8

I succumbed about midnight when the power of the   failed me  

Did Alan Deuchars cash?

Also nice to meet Derek and gl tonight guys

[soaper]

cambo, i fully intend to particapate in the first two levels
this time

[Royal Flush]

Obviously it's a bad deal and highlights why you shouldn't play outside of your BR.

30k stack is my hero.

[EyeballKid]

Did Alan Deuchars cash?

Daisy busted out in 14th...

[Graham C]

Nice one Geo!

[Eck]

Did Alan Deuchars cash?

Daisy busted out in 14th...

Sigh tell him perhaps calling open shoves with  may help in future.......

[Geo the Sarge]

Did Alan Deuchars cash?

Daisy busted out in 14th...

Sigh tell him perhaps calling open shoves with  may help in future.......

We did take £100 off the top for the buuble so he would have got his buy-in back. Derek was one of the 13 in the chop.

Geo.

[jockarooney]

I played the £100 event last night in Edinburgh and my whole objective was to try and win enough for the £500 main event at the weekend.

We get to the cash places with 13th taking £190 and winner £4800.

The question now goes round the final 2 tables, why don't we take £1000 each, I ask who gets the £500 main event seat and the reply is whoever is the chipleader........OMG it's me!!

I have 150k, nearest is 130k and most are sitting between 50-80k, shortest stack is around 30k.

I took this deal, however was lambasted (as were the other 12) by others who did not make the final 13 for doing such a deal.

Now, I entered this event solely with the objective of winning enough to enter the main event, £500 is way outside my bankroll. I now have the chance to pick up £1k and take my seat at the main event.......was I wrong?

I don't think I was, the stacks were such that I was never guaranteed to even ladder to £500, i have someone telling me I can have the seat to the main event and £1k.............sorry, in the interests of bankroll management, I'm taking this thank you very much.

P.S.

You can consider this a partial brag post.


Geo.

If your happy with the deal then who cares what anybody else think. You got a £500 seat to the main event and cash in your pocket, a good nights work if you ask me. Lets hope you cash at the main event too !

[Geo the Sarge]

In theory, this is a bad deal. But in practice, when you are the chip leader with a stack that has less than 20BBs it is very easy to play perfectly from here on in (putting pressure on tight players etc, etc) and fall well short of 3rd place money.

In these sort of scenarios the short term variance is huge because card distribution over the next 30 hands (an infestimal amount of hands) matters soooo much. Therefore, while accepting this deal involves sacrificing equity - it drastically reduces variance. And if you aren't properly rolled for the tournament in question (and with the greatest respect to the OP - I sense that he wasn't playing this £100 FO off a liquid br of £10k. correct me if I'm wrong on that) then I think it is silly not to reduce your variance.

Two other points that are important imo:

- Once you are knocked out of a tournament you have no right to the remaining prizepool - and those left in have the right to split it however they see fit once everyone can agree. Players who were knocked out giving stick to those who decided to deal should be told in no uncertain terms to FUCK OFF. Their opinion on the subject is absolutely 100% irrelevant;

- As mentioned above, always do the deal that is right for you personally at the time. Never be pressured into anything, and always think "can I sleep on this one?" before you do it. This deal met your objectives from the tournament and then some. So smile and be happy;

It is important to analyse these things after the fact so that you can be better prepared the next time you have to negotiate a chop - but don't feel a need to justify yourself to anyone here.

In any case, gg, wp. Best of luck with the ME seat.

Thanks Lloyd, as usual I believe you have this spot on. We met briefly at Drogheda on day 2 when you were sitting next to Jen (chucking your chips all over the floor) I was in seat 1.

Appreciated

Geo

[Geo the Sarge]

Good job and everyones happy with a grand and a 10-1 return. I have played the maybury a few times and loved the place and did a similar multiway chop many years ago there so its obviously not uncommon. I was one of the shortstacks and was surpirsed when it was an equal split but I suppose with many "same village" players it makes sense. The maybury is the old one near the gyle shopping centre isnt it as it was probably 5 years ago I played up there???
Well done and gl in the main event.

That's a good call Russ, yes same place and probably same faces..........a bit surreal in a way as we had 4 or 5 local "faces" involved in the deal and yet it was other locals who were giving grief in regards to the deal.

Geo.