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-   -   why WSOP main event only 10K? (http://archives2.twoplustwo.com/showthread.php?t=366794)

10-27-2005 05:54 PM

why WSOP main event only 10K?
 
this makes no sense. what are they going to do when there are 10,000 people who want to play?

why don't they change it to at least 25K, but maybe even 50K?

this would really keep it to what it should be "the biggest and most prestigous tourney in the world"

slickpoppa 10-27-2005 06:02 PM

Re: why WSOP main event only 10K?
 
Because the people who run the tournament dont care about prestige. They want to make it accessible to your everyday Joe.

Dynasty 10-27-2005 06:07 PM

Re: why WSOP main event only 10K?
 
[ QUOTE ]
what are they going to do when there are 10,000 people who want to play?

[/ QUOTE ]

I'm guessing they'll have a little celebration. Harrahs wants the monster turnouts.

10-27-2005 06:32 PM

Re: why WSOP main event only 10K?
 
As like everything... it has to do with money.

The IRS and the federal government take transaction slips for every cash transaction over $10K in america, whether you are buying a car, making a cash bank deposit, ect. They are called either Race 10K or 10K stipulation forms.

Most poker players... especially people who play poker for a living... don't want the IRS or the feds to find out that someone who hasn't pay taxes for 10 year came up with $25K to enter one poker tournament.

10-27-2005 07:06 PM

Re: why WSOP main event only 10K?
 
the WPT does 25K and gets a good group/turnout.

people could bring cashiers checks or wire trans. this shouldn't be an issue.

Dynasty 10-27-2005 07:20 PM

Re: why WSOP main event only 10K?
 
[ QUOTE ]
the WPT does 25K and gets a good group/turnout.

[/ QUOTE ]

The WPT has just one $25,000 tournament- the WPT Championship held at Bellagio. It got 452 entries.

The only other WPT tournament with more than a $10,000 entry fee is the Five Diamond World Poker Classic also at Bellagio. It's has a $15,000 entry fee. It got 377 entries.

Here are the # of entries for all WPT tournaments from the recently completed third season.

Grand Prix De Paris: 205
Mirage Poker Showdown ($10,000): 281
Legends of Poker ($5,000): 667
Borgata Poker Open ($10,000): 302
UltimateBet.com's Arupa Poker Classic ($6,000): 647
Doyle Brunson North American Poker Championship ($10,000): 312
Foxwoods World Poker Finals ($10,000): 674
Five Diamond World Poker Classic ($15,000): 377
PokerStars.com Caribbean Poker Adventure ($7,800): 461
World Poker Open ($10,000): 512
L.A. Poker Classic ($10,000): 538
Bay 101 Shooting Stars of Poker ($10,000): 440
Party Poker Million IV ($10,000): 735
World Poker Challenge ($5,000): 361
WPT Championship: ($25,000): 452

BigBiceps 10-27-2005 07:53 PM

Re: why WSOP main event only 10K?
 
I think they should keep the 10k main event, but right before it have a superstars / big gambler's deep-stacked event with a $1,000,000 buy-in.

KneeCo 10-27-2005 08:09 PM

Re: why WSOP main event only 10K?
 
[ QUOTE ]

this would really keep it to what it should be "the biggest and most prestigous tourney in the world"

[/ QUOTE ]

I hear people say this a lot. But I don't see how it is losing ground as the biggest and most prestigous. If it's losing ground, what tournament is taking its place?

Saddlepoint 10-27-2005 08:40 PM

Re: why WSOP main event only 10K?
 
Just as a point of interest for those curious, $10,000 in 1971 is almost exactly $50,000 now according to this.

Dynasty 10-27-2005 09:15 PM

Re: why WSOP main event only 10K?
 
[ QUOTE ]
[ QUOTE ]

this would really keep it to what it should be "the biggest and most prestigous tourney in the world"

[/ QUOTE ]

I hear people say this a lot. But I don't see how it is losing ground as the biggest and most prestigous. If it's losing ground, what tournament is taking its place?

[/ QUOTE ]

Nothing is even remotely close to the WSOP main event.

Shoe 10-27-2005 09:47 PM

Re: why WSOP main event only 10K?
 
[ QUOTE ]
Nothing is even remotely close to the WSOP main event

[/ QUOTE ]

sketchy1 10-27-2005 10:49 PM

Re: why WSOP main event only 10K?
 
if you google for this topic, i bet you will find 4,000,000,000,000 other posts before you asking the same thing, on every single poker forum in existance.

10-28-2005 01:22 AM

Re: why WSOP main event only 10K?
 
exactly.

they NEED to raise it. what the hell are they going to do with 10 or 20 entries??

10-28-2005 01:26 AM

Re: why WSOP main event only 10K?
 
than don't open the up the post. only open what interests you.

Exitonly 10-28-2005 06:14 AM

Re: why WSOP main event only 10K?
 
In the new cardplayer, they talk about the tournament that will be in January.. 250k buyin.

100 person double shootout.

Farfenugen 10-28-2005 10:12 AM

Re: why WSOP main event only 10K?
 
I hope they don't change it for a while.

The WSOP main event certainly has changed from what it once was. I don't necessarily think that is a bad thing. It is the only tournament in the world that has such a gigantic field. Some may gripe about it being a massive clusterf*ck but that is what makes it great. It is truly a test of endurance, skill, and luck. The excitement that is created by the main event is feeding the poker boom. Without the large field what separates it from another WPT event?

I'm not sure the pros would want the buy-in to be increased either. Think of the side action these guys are getting with thousands of wanna-be's with money to burn!

Kyle Stark 10-28-2005 10:48 AM

Re: why WSOP main event only 10K?
 
[ QUOTE ]
It is truly a test of endurance, skill, and luck.

[/ QUOTE ]

I'm still sticking with the lottery theory. In the "old" days the world series was supposed to determine the best poker player. Now you have 6,500 donkeys on there calling all in preflop with K9o in the first level because they won a $11 satellite.

A month of 1.5k hold'em events followed by a 10k 6,500 entry main event hardly proves who's the best poker player.

lozen 10-28-2005 11:50 AM

Re: why WSOP main event only 10K?
 
I doubt they will ever get as many people as last year. Though I agree bumping it to narrow the field a good idea but not a must.

ChuckyB 10-28-2005 11:54 AM

Re: why WSOP main event only 10K?
 
[ QUOTE ]
if you google for this topic, i bet you will find 4,000,000,000,000 other posts before you asking the same thing, on every single poker forum in existance.

[/ QUOTE ]

There is no other poker forum.

Matt Williams 10-28-2005 11:58 AM

Re: why WSOP main event only 10K?
 
[ QUOTE ]
[ QUOTE ]
It is truly a test of endurance, skill, and luck.

[/ QUOTE ]

I'm still sticking with the lottery theory. In the "old" days the world series was supposed to determine the best poker player. Now you have 6,500 donkeys on there calling all in preflop with K9o in the first level because they won a $11 satellite.

A month of 1.5k hold'em events followed by a 10k 6,500 entry main event hardly proves who's the best poker player.

[/ QUOTE ]

Yea, but who's the donkey? The guy w/ nothing to lose calling all in w/ K9o or the pro dumb enough to go all in during the first level of play sitting at a table knowing he's the best player?
I'm not saying this stratagy would work, but if I were a pro I would try to see as many flops cheaply as possible. Then after the flop outplay the donkey because from what I've seen on TV (granted it's a small sample) these suckers do not like to tangle after the flop with the pros. What's the worst that can happen to a pro? He gets knocked out and plays a side game and makes his entry fee back in a few hours?

OrangeKing 10-28-2005 12:15 PM

Re: why WSOP main event only 10K?
 
If the WSOP main event is a lottery, it's the most +EV lottery in the history of the world for a skilled player. [img]/images/graemlins/smile.gif[/img]

Kaeser 10-28-2005 12:15 PM

Re: why WSOP main event only 10K?
 
[ QUOTE ]
Yea, but who's the donkey? The guy w/ nothing to lose calling all in w/ K9o or the pro dumb enough to go all in during the first level of play sitting at a table knowing he's the best player?

[/ QUOTE ]

Actually in this case the pro had aces, since when is it bad to get all your money in with aces pre-flop? I don't care how much better you think you are then the field you still need to accumulate a large stack to make it deep in these events.

10-28-2005 12:37 PM

Re: why WSOP main event only 10K?
 
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]

this would really keep it to what it should be "the biggest and most prestigous tourney in the world"

[/ QUOTE ]

I hear people say this a lot. But I don't see how it is losing ground as the biggest and most prestigous. If it's losing ground, what tournament is taking its place?

[/ QUOTE ]

Nothing is even remotely close to the WSOP main event.

[/ QUOTE ]

I would make an arguement for the WPT Championship being nearly as prestigous and certainly getting closer and closer to that position. With 6000-10000 people in the ME, the WSOP is getting to be little more than a cattle call for Internet players. The WPT has it's share of fish and wannabes but the majority of players are still pros (or a mix of pros and skilled amatuers).

Dynasty 10-28-2005 02:35 PM

Re: why WSOP main event only 10K?
 
[ QUOTE ]

I would make an arguement for the WPT Championship being nearly as prestigous and certainly getting closer and closer to that position.

[/ QUOTE ]

Your arguement would be very weak.

Compare the name of Chirs Moneymaker to Alan Goehring Compare the name of Greg Raymer to Martin de Knijff.
The prestige of the tournaments they won are the reasons two of them have far greater name recognition.

pineapple888 10-28-2005 05:11 PM

Re: why WSOP main event only 10K?
 
[ QUOTE ]
A month of 1.5k hold'em events followed by a 10k 6,500 entry main event hardly proves who's the best poker player.

[/ QUOTE ]

And who ever said it was supposed to prove who's the best poker player?

No single event could ever do that, anyway, unless it was years long.

mason55 10-28-2005 06:03 PM

Re: why WSOP main event only 10K?
 
[ QUOTE ]
I doubt they will ever get as many people as last year. Though I agree bumping it to narrow the field a good idea but not a must.

[/ QUOTE ]

They are planning for 8000 next year.

They will have days 1A, 1B, 1C, 1D, then 2A and 2B before the whole field is combined on day 3 (which will really be day seven)

Matt Williams 10-28-2005 06:17 PM

Re: why WSOP main event only 10K?
 
[ QUOTE ]
[ QUOTE ]
Yea, but who's the donkey? The guy w/ nothing to lose calling all in w/ K9o or the pro dumb enough to go all in during the first level of play sitting at a table knowing he's the best player?

[/ QUOTE ]

Actually in this case the pro had aces, since when is it bad to get all your money in with aces pre-flop? I don't care how much better you think you are then the field you still need to accumulate a large stack to make it deep in these events.

[/ QUOTE ]

Oh OK, I thought you were talking about in general not a specific hand. I thought you meant the pro sensed weakness and moved all in.

10-28-2005 07:30 PM

Re: why WSOP main event only 10K?
 
[ QUOTE ]
maybe even 50K?

[/ QUOTE ]

I like 50k. I personally don't like what the ME has turned into. It's a circus now. Rarely seeing more than 2 great players at a single table isn't what I would consider the greatest tournament in the world. Up it to 50k, weed out the idiots and let the good and great players duke it out. Winning that is an accomplishment, not a lottery.

Kaeser 10-28-2005 07:46 PM

Re: why WSOP main event only 10K?
 
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
Yea, but who's the donkey? The guy w/ nothing to lose calling all in w/ K9o or the pro dumb enough to go all in during the first level of play sitting at a table knowing he's the best player?

[/ QUOTE ]

Actually in this case the pro had aces, since when is it bad to get all your money in with aces pre-flop? I don't care how much better you think you are then the field you still need to accumulate a large stack to make it deep in these events.

[/ QUOTE ]

Oh OK, I thought you were talking about in general not a specific hand. I thought you meant the pro sensed weakness and moved all in.

[/ QUOTE ]

The hand was with Ferguson. Jesus moved all-in and the other guy says, "screw it I only payed 215 to get here I call". Flop came something like K-9-4 and the guy went crazy high fiving everyone. Turn was a Q river was a 4. It was hilarious cause the guy started shouting before he realized that he just got counterfeited.

2+2 wannabe 10-29-2005 03:03 AM

Re: why WSOP main event only 10K?
 
[ QUOTE ]
[ QUOTE ]
maybe even 50K?

[/ QUOTE ]

I like 50k. I personally don't like what the ME has turned into. It's a circus now. Rarely seeing more than 2 great players at a single table isn't what I would consider the greatest tournament in the world. Up it to 50k, weed out the idiots and let the good and great players duke it out. Winning that is an accomplishment, not a lottery.

[/ QUOTE ]

the fact that it's a "circus" is what keeps new people coming in

SoftcoreRevolt 10-29-2005 04:00 AM

Re: why WSOP main event only 10K?
 
[ QUOTE ]
[ QUOTE ]
maybe even 50K?

[/ QUOTE ]

I like 50k. I personally don't like what the ME has turned into. It's a circus now. Rarely seeing more than 2 great players at a single table isn't what I would consider the greatest tournament in the world. Up it to 50k, weed out the idiots and let the good and great players duke it out. Winning that is an accomplishment, not a lottery.

[/ QUOTE ]

This is why they now have a Tournament of Champions. the WSOP ME is the biggest tournament on the planet by such a huge margin, why would Harrah's change it.

And I absolutely LAUGH at this notion that the WSOP should be some ULTIMATE PRO TOURNAMENT with a 50K buy in. Why?

Because it is a poker tournament, poker is about making the most money possible, not some Poker Penis Length contest. It is designed to make its owner the most amount of money, and provide the biggest prizes possible. What you suggest does neither.

Matt Williams 10-29-2005 06:22 AM

Re: why WSOP main event only 10K?
 
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
Yea, but who's the donkey? The guy w/ nothing to lose calling all in w/ K9o or the pro dumb enough to go all in during the first level of play sitting at a table knowing he's the best player?

[/ QUOTE ]

Actually in this case the pro had aces, since when is it bad to get all your money in with aces pre-flop? I don't care how much better you think you are then the field you still need to accumulate a large stack to make it deep in these events.

[/ QUOTE ]

Oh OK, I thought you were talking about in general not a specific hand. I thought you meant the pro sensed weakness and moved all in.

[/ QUOTE ]

The hand was with Ferguson. Jesus moved all-in and the other guy says, "screw it I only payed 215 to get here I call". Flop came something like K-9-4 and the guy went crazy high fiving everyone. Turn was a Q river was a 4. It was hilarious cause the guy started shouting before he realized that he just got counterfeited.

[/ QUOTE ]

Haha, that's awesome! I'll have to check it out on TV.

10-29-2005 09:10 AM

Re: why WSOP main event only 10K?
 
[ QUOTE ]

And I absolutely LAUGH at this notion that the WSOP should be some ULTIMATE PRO TOURNAMENT with a 50K buy in. Why?

[/ QUOTE ]

It would definitely improve the quality.

I blagged a "work" trip to go and cover the WSOP for a UK company this year. Call me naive, but I thought I'd go and see some great poker being played - turns out that I'm a better player than about half the people in the most prestigious poker tourney there is.

There's no doubt that any fool can win a seat in the Main Event, and that devalues the competition, hugely. On the other hand, any fool can win a seat, and that makes poker, as a whole, stronger. No, wait - fishier. You know what I mean.

It saddens me that the Main Event's been devalued so much, but ultimately, who cares? Let the ME serve as a gigantic fish magnet, flooding poker sites with fresh meat, and we can measure ULTIMATE POKER PRESTIGE by the number of gold bracelets a player has. Or, you know, just use common sense, or something.

$10,000 is a good thing.

10-29-2005 10:26 AM

Re: why WSOP main event only 10K?
 
[ QUOTE ]
[ QUOTE ]

I would make an arguement for the WPT Championship being nearly as prestigous and certainly getting closer and closer to that position.

[/ QUOTE ]

Your arguement would be very weak.

Compare the name of Chirs Moneymaker to Alan Goehring Compare the name of Greg Raymer to Martin de Knijff.
The prestige of the tournaments they won are the reasons two of them have far greater name recognition.

[/ QUOTE ]

My arguement is not weak if you can make the distinction between prestigious and popular; which you appear to not have done. Hulk Hogan is a household name, did that ever make WWE, WWF, et al a prestigious brand? I don't think so. It is popular entertainment but little prestige comes with being a pro wrestler; just popularity.

Also, keep in mind the original post and my response. I wrote "getting closer." Certainly the WSOP has the history behind it but given the cattle-call lottery atmosphere the tournament has become, I feel the WPT Championship is becoming more prestigous -- not as popular but popularity is not the issue.

NCAces 10-29-2005 11:07 AM

Re: why WSOP main event only 10K?
 
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]

I would make an arguement for the WPT Championship being nearly as prestigous and certainly getting closer and closer to that position.

[/ QUOTE ]

Your arguement would be very weak.

Compare the name of Chirs Moneymaker to Alan Goehring Compare the name of Greg Raymer to Martin de Knijff.
The prestige of the tournaments they won are the reasons two of them have far greater name recognition.

[/ QUOTE ]

My arguement is not weak if you can make the distinction between prestigious and popular; which you appear to not have done. Hulk Hogan is a household name, did that ever make WWE, WWF, et al a prestigious brand? I don't think so. It is popular entertainment but little prestige comes with being a pro wrestler; just popularity.

Also, keep in mind the original post and my response. I wrote "getting closer." Certainly the WSOP has the history behind it but given the cattle-call lottery atmosphere the tournament has become, I feel the WPT Championship is becoming more prestigous -- not as popular but popularity is not the issue.

[/ QUOTE ]

I think you are being a little delusional here. You talk about it becoming a prestigious event as if it will some day compete with the Masters, the Super Bowl, the Final Four, etc. Dude, it is poker, and only a very small group of people follow it like you or I do.

I don't like comparing it to wrestling, because in most circles professional wrestlers are neither prestigious nor popular. You do realize it's fake don't you [img]/images/graemlins/wink.gif[/img].

I think poker more favorably compares to the BASS Master Classic, some of the motocross championships, perhaps even the bowling champsionship. These are events that are prestigious within a small group of people who follow the sport/game. The WSOP will never be any more than that because most people just don't care. And there is nothing the WSOP can do to make any of the poker pros popular or prestigious outside a teeny, tiny group of people.

NCAces

darydarling 10-29-2005 12:07 PM

Re: why WSOP main event only 10K?
 
[ QUOTE ]

The WSOP will never be any more than that because most people just don't care. And there is nothing the WSOP can do to make any of the poker pros popular or prestigious outside a teeny, tiny group of people.

NCAces

[/ QUOTE ]

wow you must be an awesome poker player with the ability to tell the future like that.

darydarling 10-29-2005 12:20 PM

Re: why WSOP main event only 10K?
 
My take on the situation.

More focus should be on the player of the year, the person who wins the most points playing a variety of tournaments.
This person in my opinion is the most well rounded poker player and deserves much more attention.

I think it's okay to leave the $10K buy in what it is, but maybe there should be a % taken out of each buy in for every tournament during the wsop that goes to a "player of the year" pool giving the winner an opportunity to win like two to three million, maybe more.

Put much more focus on this winner, and you will have more entries into other events in order for people to win that title.

The "World Series Champion," has been devalued IMO.

No one can argue that it doesn't take some skill, endurance etc to wade through such a large field to win. But I guess it all depends upon what you want out of the WSOP.

As someoen posted above, they are happy because it brings fish into the game.

Others want it to be a prestigious event like The Masters.

Me I'd like to see a prestigious event. I don't know if bumping it up to $50K will solve the problem entirely, but it could weed out a good portion of the donkeys.

I think it would be funny if semi-pro teams could just buy themselves into the world series of baseball, or the NBA Finals. We seem to be the only "sport" *and I use that term loosely* where an amateur can come sit down and play against a pro without showing proving themselves worthy of being there.

Anyone can have a good day, a good week a good month.

That point is argued day in and day out on these boards that short term results are not indicative of how great a player you are.

So with that in mind, Moneymaker and a few others are no more my "World Champion" than the fish who sucked out on me 5 straight times last night.

10-29-2005 12:57 PM

Re: why WSOP main event only 10K?
 
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
maybe even 50K?

[/ QUOTE ]

I like 50k. I personally don't like what the ME has turned into. It's a circus now. Rarely seeing more than 2 great players at a single table isn't what I would consider the greatest tournament in the world. Up it to 50k, weed out the idiots and let the good and great players duke it out. Winning that is an accomplishment, not a lottery.

[/ QUOTE ]

This is why they now have a Tournament of Champions. the WSOP ME is the biggest tournament on the planet by such a huge margin, why would Harrah's change it.

And I absolutely LAUGH at this notion that the WSOP should be some ULTIMATE PRO TOURNAMENT with a 50K buy in. Why?

Because it is a poker tournament, poker is about making the most money possible, not some Poker Penis Length contest. It is designed to make its owner the most amount of money, and provide the biggest prizes possible. What you suggest does neither.

[/ QUOTE ]

What are you attacking me for? I just said I'd rather see more pros and less donks in what is supposed to be the greatest poker tournament on the planet. Tournament of champions is a STT, that's not exactly equivalent to what I was saying.

I never said it would be in harrah's best interest to change it. Why are you putting words in my mouth?

Finally, maybe poker for you is about making money, but for a lot of people that is not their primary goal. Have you never heard Phil Hellmuth say he would forego the cash prize just for the title/bracelet? I play for the competition and the money. If one or the other was not present I wouldn't be playing poker. Just because you have a difference of opinion or preference does not make you correct and everyone else wrong, and it surely does not deserve to have you going off attacking people for stating their preferences.

SoftcoreRevolt 10-29-2005 04:28 PM

Re: why WSOP main event only 10K?
 
How in the hell could my post be taken as a personal attack. I didn't mention you the poster at all. It replied directly to your post. I also didn't put words in your mouth. You said the WSOP should be changed to a 50K buy in, and I said why it would be stupid for Harrah's to change it based on business, and the fundamental concept of poker which is to make money.

The TOC is not a STT anymore. It is now a 100+ person tournament of the final tablers from the ME, and the points leaders from the WSOP events. So now you have an elite tournament, and the Main Event.

If thinking your idea is silly is a personal attack, well then I suppose the meaning of that term has been changed.

Matt Williams 10-29-2005 04:46 PM

Re: why WSOP main event only 10K?
 
Some of you are forgetting the obvious; it's only prestigious to the Professionals and fans like us. Joe Schmo doesn't give a sh!t, he sees it as an oppurtunity to get on TV and win money in the process. The donkeys didn't watch the WSOP because it was so prestigious, they watched it because they heard a normal guy (Moneymaker) showed up and kicked everyone's ass and it was televised. Raising the buy in to $50K won't do anything. If anything, it will create more interest.


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