julian
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« on: July 23, 2009, 04:20:13 PM » |
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this is from the ept site:
"* 3% of tournament prize-pool will be withheld to cover the costs of floor staff and dealers. ** 4% of tournament prize-pool withheld for government taxation."
i'm not sure whether this 3+4% has always been there or not but on top of that there's a reg fee which is usually around about 5% of the entry fee, £200-£500. i've always been happy to tip after a win but have never really read the small print or given too much thought to where those tips end up. the 3% withheld for floor staff & dealers coupled with the lack of transparency about where the tips actually end up means that in future i think i'd just be putting a lump behind the bar for all involved.
& finally, does anyone know what the 4% government taxation is all about?
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« Last Edit: July 23, 2009, 07:30:46 PM by julian »
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AndrewT
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« Reply #1 on: July 23, 2009, 04:27:10 PM » |
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I would have thought that the reg fee is suppose to cover the costs of the staff - kind of makes you wonder what that 5% is actually for.
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SirPerceval
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« Reply #2 on: July 23, 2009, 04:31:30 PM » |
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The first tournament I ever won in Vegas they were pushing me for a 10-15% tip!
Didn't they recognise my Scottish accent?
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GreekStein
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Posts: 20728
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« Reply #3 on: July 23, 2009, 04:39:10 PM » |
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this is from the ept site:
"* 3% of tournament prize-pool will be withheld to cover the costs of floor staff and dealers. ** 4% of tournament prize-pool withheld for government taxation."
i'm not sure whether this 3+4% has always been there or not but on top of that there's a reg fee which is around usually about 5% of the entry fee, £200-£500. i've always been happy to tip after a win but have never really read the small print or given too much thought to where those tips end up. the 3% withheld for floor staff & dealers coupled with the lack of transparency about where the tips actually end up means that in future i think i'd just be putting a lump behind the bar for all involved.
& finally, does anyone know what the 4% government taxation is all about?
Sick brag julian, mbn!
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@GreekStein on twitter.
Retired Policeman, Part time troll.
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Jamier-Host
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« Reply #4 on: July 23, 2009, 04:46:43 PM » |
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this is from the ept site:
"* 3% of tournament prize-pool will be withheld to cover the costs of floor staff and dealers. ** 4% of tournament prize-pool withheld for government taxation."
i'm not sure whether this 3+4% has always been there or not but on top of that there's a reg fee which is around usually about 5% of the entry fee, £200-£500. i've always been happy to tip after a win but have never really read the small print or given too much thought to where those tips end up. the 3% withheld for floor staff & dealers coupled with the lack of transparency about where the tips actually end up means that in future i think i'd just be putting a lump behind the bar for all involved.
& finally, does anyone know what the 4% government taxation is all about?
If they are taking a % out for staff already you shouldn't feel obliged to tip. Similar to the smaller comps in Vegas where you pay a "dealer bonus" at the start for extra chips. That is the tip from everyone up front. Although i don't really agree with tipping in general - cue youtube link to Reservoir Dogs.
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Side Project - making games for Amazon Alexa devices pressthe8.com
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AlexMartin
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« Reply #5 on: July 23, 2009, 05:09:53 PM » |
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this is from the ept site:
"* 3% of tournament prize-pool will be withheld to cover the costs of floor staff and dealers. ** 4% of tournament prize-pool withheld for government taxation."
i'm not sure whether this 3+4% has always been there or not but on top of that there's a reg fee which is around usually about 5% of the entry fee, £200-£500. i've always been happy to tip after a win but have never really read the small print or given too much thought to where those tips end up. the 3% withheld for floor staff & dealers coupled with the lack of transparency about where the tips actually end up means that in future i think i'd just be putting a lump behind the bar for all involved.
& finally, does anyone know what the 4% government taxation is all about?
Sick brag julian, mbn! lol
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vegaslover
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« Reply #6 on: July 23, 2009, 07:01:46 PM » |
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The first tournament I ever won in Vegas they were pushing me for a 10-15% tip!
Didn't they recognise my Scottish accent?
lol I remember a few heavy hints about tipping in vegas, this being after they've already taken 30% from the prize pool
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SirPerceval
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« Reply #7 on: July 23, 2009, 07:04:25 PM » |
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The first tournament I ever won in Vegas they were pushing me for a 10-15% tip!
Didn't they recognise my Scottish accent?
lol I remember a few heavy hints about tipping in vegas, this being after they've already taken 30% from the prize pool I left them a bit but they seemed insulted. Can't remember what the rake was on that occasion but it was heavy.
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salfi
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« Reply #8 on: July 23, 2009, 07:17:38 PM » |
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grrrr tips a tilty subject
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julian
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« Reply #9 on: July 23, 2009, 07:41:12 PM » |
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this is from the ept site:
"* 3% of tournament prize-pool will be withheld to cover the costs of floor staff and dealers. ** 4% of tournament prize-pool withheld for government taxation."
i'm not sure whether this 3+4% has always been there or not but on top of that there's a reg fee which is around usually about 5% of the entry fee, £200-£500. i've always been happy to tip after a win but have never really read the small print or given too much thought to where those tips end up. the 3% withheld for floor staff & dealers coupled with the lack of transparency about where the tips actually end up means that in future i think i'd just be putting a lump behind the bar for all involved.
& finally, does anyone know what the 4% government taxation is all about?
Sick brag julian, mbn! yeah, you got me...  there's always been pressure to tip outside of the uk but it would seem that the ept is now following the way of the states & docking a percentage off the entry fee - would be interesting (& rather nice to find out) if that pressure is still applied...i'd be surprised if it wasn't!
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Simon Galloway
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« Reply #10 on: July 23, 2009, 09:06:25 PM » |
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I left them a bit but they seemed insulted.
Ask for it back.
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SirPerceval
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« Reply #11 on: July 23, 2009, 09:16:57 PM » |
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I left them a bit but they seemed insulted.
Ask for it back. I would but it was over 3 years ago. 
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DesD
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« Reply #12 on: July 23, 2009, 10:12:12 PM » |
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I would have thought that the reg fee is suppose to cover the costs of the staff - kind of makes you wonder what that 5% is actually for.
...I would have thought that's what PokerStars are there for? It never ceases to amaze me how the fee for these events fluctuates so dramatically in cash terms, depending on the level of buy in. I'm pretty damn sure they don't pay the dealers fifty times more because there is an extra zero or two printed on the banners.
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810ofclubs
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« Reply #13 on: July 24, 2009, 09:21:41 AM » |
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i dont think i agree with tipping in general, the dealers are meerly doing their job which they get paid for anyway and with reg fees increasing alll the time, tipping i becoming increasingly -ev. I hope for the EPT that it isnt 3+4% as well as the 5% reg fees because this will almost def put some ppl off.
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Jake Mfkin Cody lols
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BulldozerD
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« Reply #14 on: July 24, 2009, 12:44:07 PM » |
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i think Will Fry was pretty astounded as to what they were asking for when he won the EPT, sounded ridiculous.
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