Vegas News - announcement by Caesars Palace.

[tikay]

This was in my Inbox tonight.

 

CAESARS PALACE ANNOUNCES All-CASH MEGA STACK POKER TOURNAMENTS

 

 

LAS VEGAS- (June 9, 2009) – Caesars Palace has announced today a new all-cash format for its popular Mega Stack Series No-Limit Texas Hold’em poker tournaments, in progress now through July 10.   

·                                             In the new format the entire prize pool will be paid in cash.

·                                             Buy-ins for the Noon No Limit Texas Hold ‘em events are $330 (12,000 in chips) offering an optional $10 add-on for another 2,500 chips totaling 15,000 chips with 50 minute blind levels.  The Mega Stack format is distinctive for the large amount of chips associated with each buy-in. 

·                                             The new tournament blind structure, enables players to mix it up early but more importantly antes will begin with level 4 as opposed to level 6.

The above new format applies to the daily noon event only, the other Mega Stack events will not be affected. These include: $235 Turbo No Limit Hold ‘Em at 4pm, $160 nightly at 7pm and a $125 rounding out the day at 11pm.

“Talented amateurs love the Mega Stack format, where a reasonably priced buy-in can yield big cash payouts that reward not only their poker knowledge, but also key money-management skills,” says Jim Pedulla , Director of Poker for Caesars Palace .   “They enjoy the fun and excitement of big-game poker, and can spread the comparative risk over several events.”

This marks the second year the Home of Champions has offered the Mega Stack series in its expansive Poker Tournament room. 

The 2009 summer series will include a total of 36 events, ending with a $1060 3-day championship event with 2-start days beginning 7/7 and 7/8.  Last year’s Championship participation reached 1,170 players.  All players in the championship event will start with 50,000 in tournament chips; blind levels will last one hour.  Registration for any of the Mega Stack events and single-table satellites are available in the Caesars Palace Poker Room.  Gaming activity is available only to players age 21 or older.  For more information, go to caesarspalace.com, or phone 702.731.7110

In addition to its popular Mega Stack series, the 66-table Caesars Palace Poker Room annually hosts one of the richest World Series of Poker Circuit tournaments, the Caesars Poker Classic (held every autumn) and the NBC “Heads Up” Poker showdown.  In 2009, the resort debuted its first Dream Team Poker event.

[Cf]

What's the reasoning behind $300 for 12,000 chips and a further $10 for 2,500 chips?

[Woodsey]

What's the reasoning behind $300 for 12,000 chips and a further $10 for 2,500 chips?

To get $10 tip for the dealers up front, standard in vegas.

[scottm]

This was in my Inbox tonight.

 

CAESARS PALACE ANNOUNCES All-CASH MEGA STACK POKER TOURNAMENTS

 

 

LAS VEGAS- (June 9, 2009) – Caesars Palace has announced today a new all-cash format for its popular Mega Stack Series No-Limit Texas Hold’em poker tournaments, in progress now through July 10.   

·                                             In the new format the entire prize pool will be paid in cash.

·                                             Buy-ins for the Noon No Limit Texas Hold ‘em events are $330 (12,000 in chips) offering an optional $10 add-on for another 2,500 chips totaling 15,000 chips with 50 minute blind levels.  The Mega Stack format is distinctive for the large amount of chips associated with each buy-in. 

·                                             The new tournament blind structure, enables players to mix it up early but more importantly antes will begin with level 4 as opposed to level 6.

The above new format applies to the daily noon event only, the other Mega Stack events will not be affected. These include: $235 Turbo No Limit Hold ‘Em at 4pm, $160 nightly at 7pm and a $125 rounding out the day at 11pm.

“Talented amateurs love the Mega Stack format, where a reasonably priced buy-in can yield big cash payouts that reward not only their poker knowledge, but also key money-management skills,” says Jim Pedulla , Director of Poker for Caesars Palace .   “They enjoy the fun and excitement of big-game poker, and can spread the comparative risk over several events.”

This marks the second year the Home of Champions has offered the Mega Stack series in its expansive Poker Tournament room. 

The 2009 summer series will include a total of 36 events, ending with a $1060 3-day championship event with 2-start days beginning 7/7 and 7/8.  Last year’s Championship participation reached 1,170 players.  All players in the championship event will start with 50,000 in tournament chips; blind levels will last one hour.  Registration for any of the Mega Stack events and single-table satellites are available in the Caesars Palace Poker Room.  Gaming activity is available only to players age 21 or older.  For more information, go to caesarspalace.com, or phone 702.731.7110

In addition to its popular Mega Stack series, the 66-table Caesars Palace Poker Room annually hosts one of the richest World Series of Poker Circuit tournaments, the Caesars Poker Classic (held every autumn) and the NBC “Heads Up” Poker showdown.  In 2009, the resort debuted its first Dream Team Poker event.

Surely that only equals 14,500 chips (12,000 + 2,500) 

[Woodsey]

^^^ Must be a typo. Its standard just about everywhere to get a set number of chips for your buy in and then an additional amount as a 'dealer bonus'. Everyone takes the extra chips and the dealers make some more cash for themselves.

[nirvana]

Just  got up to find my Vegas flight is delayed for 2 hours or so. Later today I'll arrive a Caesars for a 9 day stay. The siphoning off of money to a main event seat meant I wasn't going to play these. Good timing for me as I'll lay a few of these now :-)

[Snatiramas]

Ooooooh might have to go to Caesers

[jambo22]

Played in Caesars a couple of years ago, great card room

[cdw1111]

Ooooooh might have to go to Caesers

+1

Like Nivarna said,without the WSOP seat skimming off the top these become a lot more appealing.I will now be splitting my donkament time between Caesars and the Venetian,roll on the 23rd.

[tikay]

Ooooooh might have to go to Caesers

+1

Like Nivarna said,without the WSOP seat skimming off the top these become a lot more appealing.I will now be splitting my donkament time between Caesars and the Venetian,roll on the 23rd.

I'll be there from the 27th, working almost every day, but let's hook up in Caesars one day, yeah?

[Chompy]

Caesars is a great card room when it's busy, which it is at the moment, but it's like a morgue when it's quiet.
There's no food service in operation at the moment. They has cancelled it for the duration of the WSOP.

[Marky147]

Good news, I am itching to get out and hopefully do some damage unlike last year 

[Snatiramas]

Ooooooh might have to go to Caesers

+1

Like Nivarna said,without the WSOP seat skimming off the top these become a lot more appealing.I will now be splitting my donkament time between Caesars and the Venetian,roll on the 23rd.

I'll be there from the 27th, working almost every day, but let's hook up in Caesars one day, yeah?

It would be rude not to......land on the 2nd

[cdw1111]

Ooooooh might have to go to Caesers

+1

Like Nivarna said,without the WSOP seat skimming off the top these become a lot more appealing.I will now be splitting my donkament time between Caesars and the Venetian,roll on the 23rd.

I'll be there from the 27th, working almost every day, but let's hook up in Caesars one day, yeah?

It would be rude not to......land on the 2nd

Tikay if you keep your schedule updated on your thread i'll come and introduce myself.

[tikay]

Ooooooh might have to go to Caesers

+1

Like Nivarna said,without the WSOP seat skimming off the top these become a lot more appealing.I will now be splitting my donkament time between Caesars and the Venetian,roll on the 23rd.

I'll be there from the 27th, working almost every day, but let's hook up in Caesars one day, yeah?

It would be rude not to......land on the 2nd

Tikay if you keep your schedule updated on your thread i'll come and introduce myself.

I will, & please do.

It'll all be on my Diary shortly, once I've got this weekend's affair out of the way. I'll be staying at the Rio, but if I get chance to play any poker, it will be over at Caesars or The Venetian. I don't play at The Rio any more.