UKIPT London v GUKPT Luton

[The Camel]

Just comparing and contrasting the two events:

Buyin + juice:

GUKPT: £1000 + 80. Nothing taken from pool. (Total 8%)
UKIPT: £700 + 70 and 3% taken out of pool for dealers tip. (Total 13%)

Guarantee:

GUKPT: £250k Decent chance of overlaying.
UKIPT: £500k Million to one to overlay.

Buying in:

GUKPT: Turn up at Luton G Casino, pass money to cashier, be given a seat assignment.
UKIPT: (Stolen from Jaffa's Facebook) "Such a joy to play a PokerStars event. Walk to casino, queue to pay in (as they can make u wear stars badge of u buy in online). Take that ticket to tournament a mile away, go upstairs, queue to get another piece of paper. Take that piece of paper downstairs to get seat card. Take seat card to table, get shouted at for daring to put phone on rail before a card is dealt. Hope they're raking the prize pool as well as 10% juice, all these pieces of paper add up"


Sponsorship:

GUKPT: Wear what you want (except shorts obv)
UKIPT:  If you buy in using your online account, they reserve the right to make you wear a pokerstars patch.



All this is food for thought I think.

[dreenie]

Pokerstars is the leading brand of poker worldwide so they can get away with charging what they like. ...

In the end they, themselves will destroy poker.

[Dubai]

Great points. Obv the flip side is

Central London>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>Luton>>War Stricken Countries

[The Camel]

One point in the UKIPTs favour, is the dealers/floor staff are excellent. Absolutely the best around.

But shouldn't they be rewarded from the juice? I mean they are a cost to the operator for running an event and should be accounted for by them.

If players choose to give them an extra reward that should be their prerogative, not an imposed cost IMO.

I collected £4,400 for 23rd. It would have been £4,532 without the tip. I probably would have left the odd £32, maybe £50.

[Boba Fett]

The buying in process shouldnt have been so bad if you were prepared in advance.  If you have a Hippodrome card and a PS Live card, you could show up to the venue and buy in through PS account funds or debit card and then get an immediate seat.

I also like when its not in a casino as I can show up in shorts if I want to.  Doesnt Luton require you to wear shoes?

[dreenie]

I don't mind too much as like you said the staff/dealers tables and chips are imo the best around.

What I really can't stand is how they put the prizepool so top heavy.

I'm sure anyone would be very happy with 100k for a 800£ buy in so why not distribute the other 33k around.

I had a look at the payouts and it honestly depressed me with how bad it was for getting like 15th for example in a 1100 runner field. It's a joke imo...

[The Camel]

I don't mind too much as like you said the staff/dealers tables and chips are imo the best around.

What I really can't stand is how they put the prizepool so top heavy.

I'm sure anyone would be very happy with 100k for a 800£ buy in so why not distribute the other 33k around.

I had a look at the payouts and it honestly depressed me with how bad it was for getting like 15th for example in a 1100 runner field. It's a joke imo...

The prizepool is top meavy not because the winner gets too much it's because they pay far too many spots.

IIRC they paid 159 from 1080, which is virtually 15%.

The winner gets the right amount, but paying 50 people an average of double their money means the guy finishing 10/1089 only got about 10x buyin which is a joke.

They obv do it because most everyone who cashes for a grand will try to spin it up on their stars acct - thus paying even more rake. While the final tablists are likely squirrel their cash away and stars get no more rake!

[The Camel]

The buying in process shouldnt have been so bad if you were prepared in advance.  If you have a Hippodrome card and a PS Live card, you could show up to the venue and buy in through PS account funds or debit card and then get an immediate seat.

I also like when its not in a casino as I can show up in shorts if I want to.  Doesnt Luton require you to wear shoes?

This is true of course.

But in my experience very few poker players are organised enough and some like Jaffa cannot possibly agree to wearing a Stars patch.

[dreenie]

I don't mind too much as like you said the staff/dealers tables and chips are imo the best around.

What I really can't stand is how they put the prizepool so top heavy.

I'm sure anyone would be very happy with 100k for a 800£ buy in so why not distribute the other 33k around.

I had a look at the payouts and it honestly depressed me with how bad it was for getting like 15th for example in a 1100 runner field. It's a joke imo...

The prizepool is top meavy not because the winner gets too much it's because they pay far too many spots.

IIPC they paid 159 from 1080, which is virtually 15%.

The winner gets the right amount, but paying 50 people an average of double their money means the guy finishing 10/1089 only got about 10x buyin which is a joke.

They obv do it because most everyone who cashes for a grand will try to spin it up on their stars acct - thus paying even more rake. While the final tablists are likely squirrel their cash away and stars get no more rake!

Yeah true hence my early statement of their selves ruining poker as a whole long term.

[The Camel]

Great points. Obv the flip side is

Central London>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>Luton>>War Stricken Countries

LOL true true

But I was going to spin my prize money up for the EPT, but decided instead to use it for the GUKPT main event at the Vic

£2000 + 125.

EPTs £2k event rakes £200 (+3% obv)

Kev in the poker room might even comp me dinner one night

[celtic]

The buying in process shouldnt have been so bad if you were prepared in advance.  If you have a Hippodrome card and a PS Live card, you could show up to the venue and buy in through PS account funds or debit card and then get an immediate seat.

I also like when its not in a casino as I can show up in shorts if I want to.  Doesnt Luton require you to wear shoes?

You have been able to wear trainers now at Luton for over two years. And hoodies. Shorts should be banned.

[Karabiner]

The buying in process shouldnt have been so bad if you were prepared in advance.  If you have a Hippodrome card and a PS Live card, you could show up to the venue and buy in through PS account funds or debit card and then get an immediate seat.

I also like when its not in a casino as I can show up in shorts if I want to.  Doesnt Luton require you to wear shoes?

You have been able to wear trainers now at Luton for over two years. And hoodies. Shorts should be banned.

Especially for those with short hairy legs.

[The Camel]

Plus Pokerstars is making tens of thousands in rake from online sattys which are effectively cost free for them to run.

Although Grosvenor do run sats, most qualifiers will be from live events which are more expensive to run and they probably have a much higher % of cash buy ins.


EDIT: Just checked and 1/4 of players won their seats online for the UKIPT. That's a lot of extra rake into Amaya's coffers.

[arbboy]

are numbers up or down for this festival on previous years?  13% rake on a £700 live multi day mtt with london expenses lolzz!  Must be getting close to being only two winners in live mtts (the rakebox and the hotel companies)

[TL900]

are numbers up or down for this festival on previous years?  13% rake on a £700 live multi day mtt with london expenses lolzz!  Must be getting close to being only two winners in live mtts (the rakebox and the hotel companies)

and deadman, so 3