The Grosvenor Grand Prix is back!

[tikay]

Yes, the famous Grosvenor Grand Prix is on us again, they had flyers about it at Luton last night.

Traditionally (& subjectively), this is the best comp of the year. 10k chips, Pot-Limit (or used to be, not sure about now), & qualification via Super-Sat is the ONLY means of entry.

Qualification used to be via a series of £100 Rebuy Super-Sats, but the Super-Sats are £50 Rebuys now.

Grosvenor, to their credit, have added a whopping £25,000 this year.

There is NO Reg-Fee, but the prize pool is raked at 5%.

[tikay]

So, no Reg-Fee, £25,000 of lovely added-money, but the Pot raked at 5%.

Now, we had a great debate about embedded Reg Fees recently, occassioned by Walsall's monthly £200 being Reg-Fee Free, but Pot raked at 10%.

The outcome, really, was that it did not make much difference either way. A bit, but not much.

I, & a few others, held the view that it's just basically wrong to mess with Prize Pools - because it's, potentially, the thin end of the wedge.

One or two souls said "hold up, they'll be raking rebuys next".....

So I met with Grosvrnor's Head Honcho, & we had a great chat about it.

He said the notion of embedded Reg Fees had been successfully trialled at Bolton, & they planned to roll out the idea extensively. Fair enough. We agreed to diasagree, wholly civilly, as I just don't want to open the floodgates to Prize Pools being messed with. Where might it lead?

Let's discuss.

[boldie]

online sats to this? Or just live sats at the grosvenor casinos? (IOW will the Scots need to travel for a sattelite or can we play online?)

[tikay]

online sats to this? Or just live sats at the grosvenor casinos? (IOW will the Scots need to travel for a sattelite or can we play online?)

They have Online Sats for it on Blue Square I imagine. That's been the case for the last few years.

It is a truly great Tourney.

[AndrewT]

Did any of these flyers you so carefully read last night have the date the Grand Prix takes place?

[ariston]

they are in effect raking 5% of all the rebuys but by adding the 25k they have more than covered what they have taken away. I dont agree with raking rebuys but lets be honest- grosvenor have done a lot for poker in the UK so we can't really fault them for taking a little back. All we need now is a few more staff at the venues who are interested in poker and developing their card rooms. What has happened to blackpool and its 200 seater card room is a disgrace.

[tikay]

Did any of these flyers you so carefully read last night have the date the Grand Prix takes place?

Oh yes, of course.

But I forgot.

It's deffo October, in Walsall. I just googled "Grosvenor Grand Prix, 2008" & came up with a complete blank!

[Royal Flush]

Bit sick having rake in a rebuy, why add 25k then rake it? Why not just add nothing and have it juice free?

[boldie]

surely the rebuys in the sats aren't raked and Tony is just reffering to the ME? (I am guessing the ME is a freezeout)

[The Camel]

Bit sick having rake in a rebuy, why add 25k then rake it? Why not just add nothing and have it juice free?

I've never had the opportunity to type +1 after quoting a post before.

But....

+1

[The Camel]

surely the rebuys in the sats aren't raked and Tony is just reffering to the ME? (I am guessing the ME is a freezeout)

It's the same thing, because the rebuys in the sats ARE the prize pool in the Main Event.

[tikay]

surely the rebuys in the sats aren't raked and Tony is just reffering to the ME? (I am guessing the ME is a freezeout)

The ONLY way into the ME is via Rebuy Super-Sats - there is NO direct buy-in available. That's the whole idea of the Grosvenor Grand Prix.

It's usually "15% of the field" who qualify in each Super-Sat.

The entire Prize Pool comes from these Qualification Super-Sats. Plus the £25,000 Grosvenor have added.

[portfolio]

live raked rebuys .

hoped i would never see this sad day.

wont be playing.

[gatso]

I dont agree with raking rebuys but lets be honest- grosvenor have done a lot for poker in the UK so we can't really fault them for taking a little back.

there is so much wrong with that statement I don't know where to begin

[ihatethevic]

Hi
I think one of the main reasons numbers started to fall for this Tourney is because it's pot limit. When we had sats at the Vic, players would turn up, play and not bother rebuying when they found out it's pot limit.

 Obviously it's down to players to find out befor they enter but it's not advertised anywhere on the flyers. For this to be a success, they need to change the structure to no limit or at least put a bit of effort into the promotion behind it.