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double ur money

rmarshall1rmarshall1
edited August 2009 in Area 51
why do sky call double ur money games when u dont double ur money?
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Comments

  • kirstiikirstii
    edited July 2009
    lose ur money lol
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  • ROBBIEROTTROBBIEROTT
    edited July 2009

    why is skypoker  more for a double your money than a standard game i.e 6player @ 2,20 double is 2.25, the payout money is the same overall?

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  • kirstiikirstii
    edited July 2009

    it's only the £2 one thats like that but i agree it's quite strange

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  • TaxicabTaxicab
    edited July 2009

    To round it up to 1.50 earned for them? i dont know :S but i know its of the one which is 2.25 to enter
    and if u finish in the top 3/6 u get 4 back.  Maybe it should be called "Half of u nearly Double" instead
    of "Double your Money"

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  • diablo_pezdiablo_pez
    edited July 2009
    In Response to Re: double ur money:
    it's only the £2 one thats like that but i agree it's quite strange
    Posted by kirstii
    and 1.15 not 1.10
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  • kirstiikirstii
    edited July 2009
    oops forgot that one, i take it back diablo
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  • Sky_mod1Sky_mod1
    edited July 2009

    In Response to double ur money:

    why do sky call double ur money games when u dont double ur money?
    Posted by rmarshall1
    In any tournament format whether it be sit and go or multi table, live or online, your entry is divided into the buy-in and fee eg. £10+£1.

    The buy-in is the amount that goes into the pot or prize pool whilst the fee is taken by the house for hosting the tournament. In the example above the buy-in is £10 and the fee £1.

    In a double your money tournament you double YOUR money. Thus meaning that you double your buy-in. The fee is not your money so you don't double it.

    So in a 6 seater £10+£1 DYM tournament the total prize pool is £60. The total hosting fee is £6. Sky therefore makes £6 in fee off the tournament while the top three double their contribution to the prize pool. Thus doubling from £10 to £20. If you doubled from £11 to £22 then the house would collect no fee.

    Perhaps the phrasing of the tournament name could be different. But I would imagine that calling it a "double your money" tournament is the most accurate way of describing the tournament.
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  • dowzerdowzer
    edited July 2009
    In Response to Re: double ur money:
    In Response to double ur money : In any tournament format whether it be sit and go or multi table, live or online, your entry is divided into the buy-in and fee eg. £10+£1. The buy-in is the amount that goes into the pot or prize pool whilst the fee is taken by the house for hosting the tournament. In the example above the buy-in is £10 and the fee £1. In a double your money tournament you double YOUR money. Thus meaning that you double your buy-in. The fee is not your money so you don't double it. So in a 6 seater £10+£1 DYM tournament the total prize pool is £60. The total hosting fee is £6. Sky therefore makes £6 in fee off the tournament while the top three double their contribution to the prize pool. Thus doubling from £10 to £20. If you doubled from £11 to £22 then the house would collect no fee. Perhaps the phrasing of the tournament name could be different. But I would imagine that calling it a "double your money" tournament is the most accurate way of describing the tournament.
    Posted by Sky_mod1
    How about these for catchy names:

    "Almost kinda double your money"
    "Double your money once Sky has taken their split"
    "Increase your money by 82%"
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  • NoseyBonkNoseyBonk
    edited July 2009
    Very catchy, just role off the tongue :-D
    The house  % does vary so it'll have to be "Increase your money by a varying percentage"
    Don't think it'll catch on

    Haha.

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  • Grimstar30Grimstar30
    edited July 2009
    You do double your money. £1 is yours the fee is sky's the moment you enter.
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  • ROBBIEROTTROBBIEROTT
    edited July 2009
    In Response to Re: double ur money:
    In Response to double ur money : In any tournament format whether it be sit and go or multi table, live or online, your entry is divided into the buy-in and fee eg. £10+£1. The buy-in is the amount that goes into the pot or prize pool whilst the fee is taken by the house for hosting the tournament. In the example above the buy-in is £10 and the fee £1. In a double your money tournament you double YOUR money. Thus meaning that you double your buy-in. The fee is not your money so you don't double it. So in a 6 seater £10+£1 DYM tournament the total prize pool is £60. The total hosting fee is £6. Sky therefore makes £6 in fee off the tournament while the top three double their contribution to the prize pool. Thus doubling from £10 to £20. If you doubled from £11 to £22 then the house would collect no fee. Perhaps the phrasing of the tournament name could be different. But I would imagine that calling it a "double your money" tournament is the most accurate way of describing the tournament.
    Posted by Sky_mod1
    so why do you change extras on on £1 and £2 doubles up, we should all get a refund back, if as you comment £1 sky get a fee of 10p and £2 sky get a fee of 20p, in normal speed table the fund is £1.10 in double your money it £1.15 same in £2 its £2.20 and in dym its £2.25, however in higher stakes, say £10 the fee is the same whether its dym or speed the fee £1, so why are we paying that extra 5p, i know its only 5p but if you add them all up they all count.
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  • hustler12hustler12
    edited July 2009
    Probably because double your money games are more popular so people will play them regardless of the extra charge. Supply and demand my friend. We demand double your money, so sky charge more. Just a good business strategy from sky that's all.
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  • ROBBIEROTTROBBIEROTT
    edited July 2009
    In Response to Re: double ur money:
    Probably because double your money games are more popular so people will play them regardless of the extra charge. Supply and demand my friend. We demand double your money, so sky charge more. Just a good business strategy from sky that's all.
    Posted by hustler12
    if that s so why dont they charge extra for people playing,say, 10 pounds games or even 20 pounds games, the only extra charge in the 1pound and 2 pounds, crazy!!!!
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  • MrOrangeMrOrange
    edited August 2009
    Hmmm i am only speculating here by the way. Maybe because the extra charge is so small it isnt as noticeable? I dont know... its the same on all sites, high rake (% wise) in the lower stakes and then a standard 10% as you move up the levels.
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  • mildot308mildot308
    edited August 2009
    Hmmm i am only speculating here by the way. Maybe because the extra charge is so small it isnt as noticeable? I dont know... its the same on all sites, high rake (% wise) in the lower stakes and then a standard 10% as you move up the levels.

    took the words out of my mouth!
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