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At which point do we forfeit the chips and try again?
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Topic: At which point do we forfeit the chips and try again? (Read 3721 times)
smurf
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Re: At which point do we forfeit the chips and try again?
«
Reply #15 on:
January 09, 2013, 03:07:09 PM »
So you can keep your less than 25k stack and join day 2 with a handful of big blinds or you can forfeit the chips and start again at the first big blind.
surely if you were prepared to pay for re entry then with 5-10 hands to go you would be shoving your small stack anyway to try and double/triple up or bust so you can re enter the next day 1.
It does seem a strange option to have offered players.
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tikay
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Re: At which point do we forfeit the chips and try again?
«
Reply #16 on:
January 09, 2013, 03:16:13 PM »
Quote from: smurf on January 09, 2013, 03:07:09 PM
So you can keep your less than 25k stack and join day 2 with a handful of big blinds or you can forfeit the chips and start again at the first big blind.
surely if you were prepared to pay for re entry then with 5-10 hands to go you would be shoving your small stack anyway to try and double/triple up or bust so you can re enter the next day 1.
It does seem a strange option to have offered players.
Yes - but the players never knew this option was available until after play had ended on Day 1a, according to the OP.
Maybe - & I'm not being rude or cynical here, just thinking out loud - they had less runners than anticipated or hoped for?
Re-entries are fine, if you like that sort of thing, but this was a different thing entirely, assuming it is being reported correctly, & I don't think Boba has any reason not to.
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titaniumbean
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Re: At which point do we forfeit the chips and try again?
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Reply #17 on:
January 09, 2013, 03:41:05 PM »
Gotta love when TD's make things up as they go along.
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outragous76
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Re: At which point do we forfeit the chips and try again?
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Reply #18 on:
January 09, 2013, 03:45:33 PM »
Quote from: titaniumbean on January 09, 2013, 03:41:05 PM
Gotta love when TD's make things up as they go along.
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edgascoigne
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Re: At which point do we forfeit the chips and try again?
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Reply #19 on:
January 09, 2013, 04:00:18 PM »
I remember reading an excellent piece by Galfond (what's new) regards how your equity fluctuates with stack size. Essentially his point was that it's hugely inelastic on day 1 of large field, deepstack comps, which is I guess kind of obvious ("you can't win it today son") but is something I often remember if things don't go my way early.
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cambridgealex
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Re: At which point do we forfeit the chips and try again?
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Reply #20 on:
January 10, 2013, 12:43:57 AM »
Quote from: david3103 on January 09, 2013, 09:21:21 AM
Leaving aside the question about whether or not we should do this at 10BB or whatever
How can they change the rules half way through the tournament?
Plus - now they've done it once won't that make a change to the way that the latter stages of Day 1a plays out in future?
It just feels wrong.
I think I'd forfeit 24,750 if I was rolled to do it - and from the individual's viewpoint, forfeiting a shortstack is better than donking them off to the competition so that you can re-enter.
But it still feels wrong
20bb???!
I'd drawn the line at 5/6bb probably
«
Last Edit: January 10, 2013, 12:45:29 AM by cambridgealex
»
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Evilpengwinz
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Re: At which point do we forfeit the chips and try again?
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Reply #21 on:
January 10, 2013, 07:50:26 AM »
I would say never.
It might be +EV to forfeit a short stack and start Day 1B with another starting stack, but doesn't mean we should.
Even if forfeiting a 2bb stack so we can play Day 1B is +EV, we need to factor in that Day 1B could be better spent playing something else which could be +EV. I would argue that going home and grinding online the next day if that's a possibility, or playing live cash during Day 1B, then playing Day 2 with whatever stack you finished Day 1A with is going to be more +EV than forfeiting our stack and getting a new starting stack on Day 1B.
The only situation where I might consider it would be a WSOP bracelet event and I want to give myself a better shot at winning a bracelet instead of taking a 5bb stack through to Day 2.
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david3103
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Re: At which point do we forfeit the chips and try again?
«
Reply #22 on:
January 10, 2013, 09:14:04 AM »
Quote from: cambridgealex on January 10, 2013, 12:43:57 AM
Quote from: david3103 on January 09, 2013, 09:21:21 AM
Leaving aside the question about whether or not we should do this at 10BB or whatever
How can they change the rules half way through the tournament?
Plus - now they've done it once won't that make a change to the way that the latter stages of Day 1a plays out in future?
It just feels wrong.
I think I'd forfeit 24,750 if I was rolled to do it - and from the individual's viewpoint, forfeiting a shortstack is better than donking them off to the competition so that you can re-enter.
But it still feels wrong
20bb???!
I'd drawn the line at 5/6bb probably
blahblahblah - my major point was the query about whether this should even be allowed to happen.
I reconsidered later in the thread
Quote from: david3103 on January 09, 2013, 02:29:18 PM
Quote from: Honeybadger on January 09, 2013, 02:19:27 PM
Quote from: david3103 on January 09, 2013, 09:21:21 AM
I think I'd forfeit 24,750 if I was rolled to do it
You would forfeit a starting stack in order to pay for another starting stack the next day?
my initial response was based on being very over-rolled for the tournament. Having read the more intelligent and thoughtful responses,
probably
no
t
The concept of being able to do this still feels wrong anyway
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Royal Flush
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Re: At which point do we forfeit the chips and try again?
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Reply #23 on:
January 10, 2013, 10:02:14 AM »
Why shouldn't it be allowed to happen? You are telling me people can voluntarily bust themselves out of a tournament and we want to discourage this, why?
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david3103
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Re: At which point do we forfeit the chips and try again?
«
Reply #24 on:
January 10, 2013, 11:06:30 AM »
Quote from: Royal Flush on January 10, 2013, 10:02:14 AM
Why shouldn't it be allowed to happen? You are telling me people can voluntarily bust themselves out of a tournament and we want to discourage this, why?
It
feels
wrong.
I may have the wrong feeling about it, it's likely I do, but which would you prefer - Phil Ivey/Greg Merson/Jason Mercier making Day2 with <5BB or having him sat to your left on Day1b with a full stack?
Also - this seems to have been an ad hoc decision by the organisers and announced at the end of the day's play. It's a major change to the way in which the tournament is structured and run, is that OK?
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Royal Flush
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Re: At which point do we forfeit the chips and try again?
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Reply #25 on:
January 10, 2013, 11:29:28 AM »
Quote from: david3103 on January 10, 2013, 11:06:30 AM
Also - this seems to have been an ad hoc decision by the organisers and announced at the end of the day's play. It's a major change to the way in which the tournament is structured and run, is that OK?
I disagree, it was always advertised as a re-entry for day 1b, anyone who would forefit a stack at the end of day 1 is also the kinda person who would have just punter a stack at the end of day 1 if it was short. The only situation i see is the poor guy who loses a pot on the last hand of the night and has 2bb left and now has to wait 36hrs to come back, why not give them a chance?
Phil Ivey/Jason Mericier would have busted/doubled 10 minutes prior
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david3103
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Re: At which point do we forfeit the chips and try again?
«
Reply #26 on:
January 10, 2013, 11:42:16 AM »
Quote from: Royal Flush on January 10, 2013, 11:29:28 AM
Quote from: david3103 on January 10, 2013, 11:06:30 AM
Also - this seems to have been an ad hoc decision by the organisers and announced at the end of the day's play. It's a major change to the way in which the tournament is structured and run, is that OK?
I disagree, it was always advertised as a re-entry for day 1b, anyone who would forefit a stack at the end of day 1 is also the kinda person who would have just punter a stack at the end of day 1 if it was short. The only situation i see is the poor guy who loses a pot on the last hand of the night and has 2bb left and now has to wait 36hrs to come back, why not give them a chance?
Phil Ivey/Jason Mericier would have busted/doubled 10 minutes prior
To my mind there is a difference between re-entry when you've bust and being allowed to simply surrender your chips because you don't fancy grinding a short stack on Day 2.
As for 'the poor guy who lost the last pot of the night' isn't that just poker? Unlucky.
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Royal Flush
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Re: At which point do we forfeit the chips and try again?
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Reply #27 on:
January 10, 2013, 12:21:20 PM »
Quote from: david3103 on January 10, 2013, 11:42:16 AM
As for 'the poor guy who lost the last pot of the night' isn't that just poker? Unlucky.
So we shouldn't have re-entry at all then. That's a perfectly fine stance to take, one i probably agree with. If we allow re-entry though then i'm not going to stand in the way of someone who wants to just bust out of the tournament and leave their money in the prize pool.
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smashedagain
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Re: At which point do we forfeit the chips and try again?
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Reply #28 on:
January 10, 2013, 12:26:42 PM »
It was advertised as re entry James but it looks like the surrendering your chips was a last minute decision by the TD. Obv I could be wrong about that and most of the field could have known that surrendering your chips was an option.
I have never heard of surrendering chips. Do you know of any other comps that this has been allowed in?
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Royal Flush
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Re: At which point do we forfeit the chips and try again?
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Reply #29 on:
January 10, 2013, 01:03:08 PM »
Quote from: smashedagain on January 10, 2013, 12:26:42 PM
It was advertised as re entry James but it looks like the surrendering your chips was a last minute decision by the TD. Obv I could be wrong about that and most of the field could have known that surrendering your chips was an option.
I have never heard of surrendering chips. Do you know of any other comps that this has been allowed in?
Yeah i played WPT Jacksonville in April and it was an option. As it was 18 people made it to day 2 from day 1a and i doubt any of them took the option, however if they did it would have been good for everyone else surely?
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