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Tournament Registration Fees at Dusk Till Dawn Club

Effective from 1st April we will be changing the way we charge registration fees at Dusk Till Dawn on all new tournaments, ones that we have already qualified players for like the £150 supersized will have to stay the same. It’s very important that everyone understands how this will work. Here are the new charges and how they will work for all tournaments set up from 1st April.

• Dusk Till Dawn Club tournaments will no longer have the registration fee added to the buy-in, for example;

Super 50 will no longer £50 + £8, it will be just £50

•   Dusk Till Dawn Club will deduct 10% from the total number of entries X buy-ins as its fees (for comps at buy-ins less than £50, there will be a minimum deduction of £5 per for 1 day tournament and £10 for a 2 day+ tournament), for example;

If we had 200 entries for a Super 50, we will deduct 200 x £50 x 10% = £1000, instead of charging 200 x £8 reg fee = £1600

•   Dusk Till Dawn Club tournaments GTE prizepools will still be the prizepool that is shared between the players, for example

If the GTE for a Super 50 is £10,000, this is £10,000 that the players win, therefore we would need to generate 220 entries to meet the GTE, instead of 200 previously, if the Super 50 only got 200 entries, Dusk Till Dawn would get zero revenue from the tournament, it would all go to the players

The reasons for this are;

1.   To make the world a simpler place for players, a £50 buy-in is a £50 buy-in, a Super 50 is a Super 50, not a Super 58! Therefore all players, no matter how experienced, can easily relate their total expenditure to their potential win

2.   To reduce the cost of entry and registration in our tournaments i.e. a £150 comp actually is a £168 comp in reality, on the new system, the player pays £150 (full stop) and 10% is deducted before the GTE prizepool, in this case, £15 instead of £18

3. It is something we have wanted to put in place for ages, I've never understood why there is such a thing as a reg fee on top of a buy-in, yes, venues cannot deal comps for nothing, especially with higher taxes etc but lets not try and make the entry look "less", players know that £500 + £60 is actually £560 out of their pocket

Important
I am not aware of anyone else except the WSOP that has uses this charging structure and they do not GTE their events, based on our current tournament numbers, this will cost Dusk Till Dawn £125,000 + per annum to make these changes just on reductions in registration fees alone, before you build in any shortfall in hitting our GTE’s, so it’s a pretty bold move. However, before we put a halo on the Club, we have done this in the hope that we get uplift in player numbers that covers this reduction in tournament income and then everybody is a winner!

If you have any questions - please stick them on this thread and I will answer them personally!

Cheers Rob

P.S. We will be launching our new loyalty promos for Cash Games and Evening Tournaments from 1st April, just tweaking, but lets keep this thread on the new way of charging please