The Grosvenor Grand Prix is back!

[Royal Flush]

I have little doubt that it wont be repeated if the players' reaction is bad.

The perfect answer, thanks. It's up to the players now, as simple as that!

Had no intention of playing it but might spite play it now!

[tikay]

It is being tested out. Whether it continues will depend on the reception it gets. It's not a disease that has suddenly spread to rebuys, as the GP is a one off event and the added money that BLUE SQUARE is adding ensures there is still value. I have little doubt that it wont be repeated if the players' reaction is bad.   Please note that anyone who criticises it will NOT be barred. It's a shame not all poker venues allow their customers the same level of freedom of speech.

Sorry, I had thought that Grosvenor were adding the money, & I originally posted with that in mind.

I'm happy to acknowledge that in fact the Added Money has come from Blue Square. With that, with the GUKPT Added Money, & your sponsorship of APAT this year - all of which goes direct to the players - Blue Square are superb supporters of Tournament Poker. But the thread remains no less valid, in my view.

[AlrightJack]

One reason for doing it this way is because of the nature of the event. Sats are self deal. Final is dealer dealt. In previous years walsall did not make from it, due to having to pay for extra dealers but getting no fees for doing so. This way, walsall's costs get covered then the remainder gets split on a pro rata basis amongst all participating clubs.

[tikay]

I actually thinking about it don't see a problem with rake in a rebuy, i am happy to pay £20 juice on a £200 comp so why would i object in paying £10 in a £50r where the average buyin is 200.

I still get tilted by the swathes of people who can't figure out that rake and reg fee are the same.

Wow, that was a quick U-Turn! On Page 1, you said......well, you know what you said!

why would i object in paying £10 in a £50r where the average buyin is 200.

I don't understand that.  If you had a (£50) Buy-In & 3 Rebuys that'd be £200 + £20, which is absolutely fine.

That, as you know, it not my point.

I still get tilted by the swathes of people who can't figure out that rake and reg fee are the same.

Life-Tilt incoming......

[AlrightJack]

Last year the guarantee was missed by a long way. Almost 70k. Bluesq coughed it up.

[tikay]

One reason for doing it this way is because of the nature of the event. Sats are self deal. Final is dealer dealt. In previous years walsall did not make from it, due to having to pay for extra dealers but getting no fees for doing so. This way, walsall's costs get covered then the remainder gets split on a pro rata basis amongst all participating clubs.

I can understand that point, thanks. But, in PR Terms, would it not be better to make an Inter-Casino accounting transfer to fairly compensate Walsall for the extra burden of cost they carry in this Event?

The question, of course, is rhetorical. I'm just delighted you are viewing it as a "suck it & see", & nothing is cast in stone. That's a big relief - to me, at least.

[PocketLady]

Last year the guarantee was missed by a long way. Almost 70k. Bluesq coughed it up.

I like BlueSq a lot.

[Newmanseye]

Last year the guarantee was missed by a long way. Almost 70k. Bluesq coughed it up.

I like BlueSq a lot.

I will wait to see what Blackbeard has to say before i get too involved with thsi Blue Sq lot.

[tikay]

I have little doubt that it wont be repeated if the players' reaction is bad.

The perfect answer, thanks. It's up to the players now, as simple as that!

Had no intention of playing it but might spite play it now!

You'd get mullered - it's Pot-Limit.......

[tikay]

Last year the guarantee was missed by a long way. Almost 70k. Bluesq coughed it up.

I like BlueSq a lot.

Me too - as do, or should, most Live Tournament poker players. That was never in question.

[tikay]

Last year the guarantee was missed by a long way. Almost 70k. Bluesq coughed it up.

I like BlueSq a lot.

I will wait to see what Blackbeard has to say before i get too involved with thsi Blue Sq lot.

My crystal ball says he won't like Blue Square. Or Crypto. Or DTD. Or Betfair. Or Full-Tilt. Or I-Poker......

[PocketLady]

I think it's fair to say from the sounds of it that both Bsq and Grosvenor lost a lot of money on this tournament last year, maybe the reason for the change this year.  I'll be interested to see how it turns out, and at least we've been told that the players will be listened to on this matter.

[tikay]

I think it's fair to say from the sounds of it that both Bsq and Grosvenor lost a lot of money on this tournament last year, maybe the reason for the change this year.  I'll be interested to see how it turns out, and at least we've been told that the players will be listened to on this matter.

Jonathan has been very clear in outlining the thinking behind the change. It's an experiment.

The issue is, though, what is our position on Embedded Reg Fees?

Royal Flush need not reply, he thinks Reg Fees & Rake are the same. Whereas I am, it seems, a singular swathe.

[Newmanseye]

i may have the wrong end of the stick, from reading the thread I understand that the re buys will be raked

so 5% of all re buys taken raked = £??

and from how the thread reads ( at least to me )

an additional 5% will be taken off the top of the main event prize pool

that if correct is blatant double raking, but i will say no more as i have a feeling i will be corrected.

[AlrightJack]

In the USA they often rake the prize pool and charge a fee, not to mention the almost obligatory dealer bonus. Lovely little comps though...