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WSOP - inside the numbers.
The WSOP Colossus cost $565 to enter, & paid a first prize of $1,000,000. Very nice too.
A look at how the numbers were arrived at was, I thought, quite interesting.
In all, it had 18,054 entries. (That equates to over $10 million).
However, it was a RE-ENTRY, & the actual number of UNIQUES ("uniques" are different people) was almost exactly half that, at 9,074. So where did the other half of the entries come from?
# of players entering ONCE = 5,123
# of players entering TWICE = 1,814
# of players entering 3 TIMES = 916
# of players entering 4 TIMES = 480
# of players entering 5 TIMES = 291
# of players entering 6 TIMES = 204
# of players entering 7 TIMES = 119
# of players entering 8 TIMES = 62
# of players entering 9 TIMES = 36
# of players entering 10 TIMES = 17
# of players entering 11 TIMES = 11
# of players entering 12 TIMES = 1
Comments
So, by making it unlimited re-entries, they were able to boost the Guaranteed Prize Pool considerably.
Good idea, then. Or is it?
This is not to knock the WSOP, but it is the direction poker is moving, to make more events unlimited re-entry. Party, & DTD are particularly adept at this, & I daresay Sky Poker do a bit of it now & then, too.
More money is up for grabs, & arguably more value, but for many of us, it will cost us more.
So, in short, do you think unlimited (or even limited) re-entries are a good idea, or a bad idea?
And why?
I guess, like it or not, poker will evolve and there will be more of these things.
I would love it personally if there was an effort to promote just a small number of 'old fashioned' tourneys. You know, the ones where you register on time or you miss it, where if you lose your stack then you are on the rail. Unlikely to happen though as the newer alternatives are more popular.
It was good to see the WSOP Seniors Event attract a monster sized field of 5,389 wrinklies - but this was boosted by making it a single Re-Entry affair.
This evidently upset a lot of the old folks, though whether it stopped many of them playing is another matter.
Again, good idea, or a bad idea?
For many of the Seniors, this is the only event they will play, of course.
I'm not arguing, just genuinely interested.
"Level playing field" etc?
I guess that eventually, the WSOP Main will become a Re-entry.
In fact, I'd bet good money it will, & within the next 5 years.
I expect the total numbers who play this year's Main Event to be down on last year, & the WSOP won't like that.
well, change isn't great, but as soon as we get used to it the better.
i remember not liking bounty hunters when they arrived all those years ago.
it will be interesting how late registration and unlimited rebuys work together.
I would also bet good money on this not happening. Fiver?
It began at Noon today, & Late Reg &/or Re-Entry is until 11.45pm tonight. That's Day 1a.
Tomorrow is Day 1B, with another 11 hours & 45 minutes of Late Reg &/or Re-entry.
Who would play that if they had the chance? Any of you?
I'm getting pretty good odds here, as you don't get paid if I fail to last another 5 years......
EDC -Electric Daisy carnival - started on Friday night, & ends tomorrow (Monday) morning.
It's sort of like Woodstock or Glasto, with a few key differences - it is held at the Las Vegas Motor Speedway, so the ground is "hard standing" & there is no mud.
Also, due to the extreme heat (it is forecast to be 117f tomorrow) they hold it at night, not during the day.
And the girls all attend wearing.......bikinis.
Imagine girls going to Glasto in bikinis. They'd die of hypothermia. Thing is with Vegas, the weather is utterly predictable.
How many attended on Friday night? Just the 136,000.
Last night? 141,000.
Tickets cost about $360, though that is for all three nights. You do the math. (Call it $50 MILLION).
Here's the structure sheet;
https://drive.google.com/file/d/0B4_kF_hpE7FgTDVKdWRJWkRlMFE/view
Think they have the right balance for re-entries atm
Re-Entries, of course, ARE raked, so yes, they deffo favour the House. The flip side is increased prize pools, but they come at a cost.